Category: Dark Side

One Of The Leading Crypto Exchanges Was Hacked… Again

Bithumb was hacked again (the previous hack happened less than a year ago, in June). 3M EOS and 20M XRP have been transferred out. Hey ho. This shit happens so often that it’s getting tiresome to report.    Fun fact: Bithumb’s first hack was identical to the latest one. So no lessons were learned, no …

A Crypto Fraudster Indicted On Nine Counts

Nine counts, wow! That’s quite a collection. The alleged fraudster is an owner of the investment company CabbageTech. I’m laughing because even the name is fucking suggestive – it screams for being renamed into a GarbageTech. The official statement is beautifully compact: “As alleged, the defendant defrauded investors by making false promises and sending them …

Crypto Exchanges: Even More Embarrassment

As if the news about faking trading volumes was not enough. Adding to the growing number of miserable fails of all-mighty, security-loaded crypto exchanges: DragonEx has been hacked, while some suspicious activity was reported on CoinBene. No one is surprised anymore, the whole thing is just fucking embarrassing. DragonEx, the Singapore-based crypto exchange, was hacked …

Crypto Exchanges: Trading Volumes Are Highly Questionable

It seems that bad news keeps rolling and rolling. No crypto spring in the foreseeable future, eh? So now there is a serious blow to ya’ll traders out there: the latest research shows that trading volumes at some major crypto exchanges are questionable. What are you going to do with that? That same research has …

A Clearing Day At Bithumb

Everyone is clearing their premises as if it’s a spring. Even mighty crypto platforms like Huobi, Bitmain, ConsenSys, and Coinsquare have announced layoffs. Now Bithumb is at it too. The biggest South Korean exchange will kick out 50% of its stuff. And do you wanna have a laugh? They say it’s a “voluntary retirement” program …

Tether Is Just Messy

It seems that people behind Tether have lost the plot. They’re doing some crazy stupid sh*t and hoping that it will remain unnoticed. In the age of social media! Yeah, well Facebook and Instagram were down for some time, but all other platforms – especially Twitter – not. So, y’all know how Tether is called …

Blockchain And Crypto Projects Are Filled With Bugs

Yep, your favorite, super-secure, and safe toy, a.k.a. Blockchain (and it’s kiddo crypto) is actually full of bugs. The White Hat hackers have detected over 40 bugs in the last 30 days. Holy crap, that’s impressive. It seems that gambling is the field most “filled” with bugs. And the ever-present Coinbase is not immune to …

Bloomberg: Bitcoin Is Doomed

All signs are pointing to one thing: the price of Bitcoin will fall. And the downfall will be severe. That’s not some random people talking, that’s Bloomberg. Leading indicators are showing that the demand for “digital gold” (holy cr*ap, those names!!!) is going down. Bitcoin struggles to reach $4,000 for some weeks now – and …

Mordor (aka Facebook) Is Coming To Crypto

Wazzup, crypto enthusiasts? Are you ready to risk the very essence of the crypto – privacy and independence? You’d better be because Facebook is coming to your idyllic little world. And where there is Facebook, there is Mordor, inevitably. This Zuckerberg guy is really something. He knows how to spoil everyone’s party. He continues to …

Coinbase Screwed Up, And it’s Bad

Even though they’re making all types of ridiculous attempts to damage control, the shit looks bad. A quick reminder: Coinbase has bought Neutrino – which is connected to the notorious Hacking Team – and the hell broke loose on social media. If you’re not familiar with the Hacking Team, I’m very sorry for you – …