2016 Bitcoin and Altcoin Hacks [Part 8]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2016.
In May 2016 an att...
2014 Bitcoin and Altcoin Hacks [Part 6]
This article is part of our complete guide to Bitcoin and altcoin hacks. Here we cover Bitcoin and altcoin security incidents from the year 2014. MintPal In July 2014 Mintpal, a popular altcoin exchange at the time, got hacked and over 10,000 BTC worth of VeriCoin was stolen. Later that year over 3,700 BTC also […]
Target’s verified Twitter account hacked
Retailer Target’s Twitter account was hacked earlier today and is actively promoting a Bitcoin scam. Worse yet, they have taken control of the Target ad account and have paid for promoted tweets which are spreading quickly, with massive engagement: The tweets take victims to a website (not linked on purpose) which requests them to “confirm” […]
Who is Erik Voorhees? What is Erik Voorhees’ net worth?
Erik Voorhees (born 1985) is the founder and CEO of ShapeShift.io – an innovative and pioneering cryptocurrency exchange which allowed anonymous users to instantly exchange several pairs of cryptocurrencies. ShapeShift.io On ShapeShift’s original interface, users would automatically receive unique single-use deposit addresses. Cryptocurrency sent to that unique address would be automatically converted to another chosen […]
ELI5 What’s a stablecoin?
Since the beginning of cryptocurrency history, most crypto assets have been known to experience enormous oscillations against the US Dollar (or some other legacy fiat currency). This has arguably scared many risk averse investors away from cryptocurrencies. More conservative investment instruments such as blue chip corporate bonds and Treasuries usually oscillate very little. Bitcoin, on […]
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One of the largest cryptocurrency exchanges. Has close ties to the Tether stablecoin cryptocurrency.
Stablecoin, or stable coins, are cryptocurrencies which are backed 1:1 (or some other ratio) against a reserve currency or bag of currencies. The most popular stablecoins are pegged to the US dollar.
Tether is a stablecoin - a cryptocurrency which is tied 1:1 with the US dollar.
Bo Shen is a cryptocurrency investors who had his cryptocurrency accounts hacked in 2016
Gatecoin is a former cryptocurrency exchange, which shut down in 2019
Technological exploits, legal or not. In the context of cryptocurrencies, hacks are often related to exchange and wallet intrusions.
Monero is a privacy centric cryptocurrency