A $79 Million Cryptocurrency Heist Just Happened

27/06/2018  · What just happened with Coinrail? To understand why cryptocurrency regulations are so important, you first have to understand why the Coinrail heist is different from a traditional bank heist. If this had been a conventional bank robbery – if thieves had busted their way into a bank vault and made off with $40 million in cash, then the asset holders would have had some form of recourse.

But last month, a man who is suspected in a heist of £1.4 million-worth of bitcoin mining gear only wanted to get out. After pulling off a daring prison break, however, he’s again in police.

The FBI reports an increase in sextortion scams recently where crooks demand payment to not leak sensitive images or.

1,335,000 Bitcoin Went Missing In These Bitcoin HeistsA $79 million cryptocurrency heist just happened, and it’s threatening the future of blockchains – Quartz – "A massive hack on the DAO’s holdings would be roughly equivalent to a successful heist at a major financial institution." ON THE WIRES. Wells Fargo Payment Manager® Helps Businesses Digitize Payments"Payment Manager B2P, which is expected to roll out in early 2017, enables.

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03/08/2016  · After news of the hack broke at 18:00 UTC on August 2, prices for the cryptocurrency dropped 14%, from $602.78 to $517.05, according to data Coindesk’s Bitcoin Price Index. It has since.

Many consider Bitcoin a major innovation for the financial industry, due to its use of the blockchain. However, Ethereum is.