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News & Articles By Franz Walker
02/05/2021
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By Franz Walker
Millionaires locked out of their Bitcoin fortunes due to lost passwords
A San Francisco-based programmer who owns $220 million worth of bitcoins is now unable to access his money because he lost his password. While this doesn’t seem like that big a story, especially with how easy it can be to recover passwords with most services these days, Bitcoin’s decentralized nature complicates things for Stefan Thomas. Unlike […]
01/20/2021
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By Franz Walker
FBI investigating whether foreign sources funded Capitol riot
The Federal Bureau of Investigation (FBI) is looking into whether foreign organizations, individuals and governments helped fund the Jan. 6 attack on the Capitol. Included in the FBI’s investigation are payments of $500,000 in bitcoin from a French national to key groups and figures prior to the attack. The payments were documented and posted on the internet […]
10/22/2020
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By Franz Walker
Robinhood users accounts hacked, looted
On Friday, Oct. 9, fintech startup Robinhood Markets announced that some of its customers might have been targetted by hackers. According to a company spokesperson, the issue did not come from a breach in its systems, but users’ personal accounts being compromised outside its platform. Robinhood, which has helped popularize trading among millennials thanks to its “zero-cost” […]
08/28/2020
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By Franz Walker
South Korea’s third-largest cryptocurrency exchange seized due to allegations of extreme fraud
South Korean police have seized Coinbit, one of the country’s largest cryptocurrency exchanges, following allegations that it was involved in fraud and wash trading. According to a report by the Seoul Shinmum, the Seoul Metropolitan Investigation Department searched and seized several of the company’s premises, including its headquarters in Seoul’s Gangnam district. This came following reports […]
06/28/2020
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By Franz Walker
Cryptocurrency is dying as young speculators shift to Robinhood and zero-cost trading
Once the darling of daring young investors looking to get into trading on the cheap, cryptocurrency hasn’t really recovered since the 2018 crash. Now, these same investors seem to have found something new to put their money into – Robinhood. With its innovative “zero-cost” trading model, Robinhood has quickly gained a following among young, tech-savvy but […]
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