UK Markets Regulator Warns of Dangers of Unregulated Cryptocurrencies August 1, 2019 By Huw Jones and Tom Wilson Britain’s markets watchdog said on Wednesday that bitcoin and other cryptocurrencies have no intrinsic value and offer consumers few protections,...
Hackers Steal 7,000 Bitcoins Worth $40M from Cryptocurrency Exchange Binance May 8, 2019 By Eric Lam Binance, one of the world’s largest cryptocurrency exchanges, said hackers withdrew 7,000 Bitcoins worth about $40 million via a single...
Losses from Cryptocurrency Thefts, Fraud Surged to $1.2 Billion in Q1: Report May 1, 2019 By Gertrude Chavez-Dreyfuss Losses from the theft of cryptocurrencies from exchanges and fraud-related activities surged in the first quarter of the year to...
Cryptocurrency Industry Says Inadequate Insurance Deters Investors December 20, 2018 By Alun John Cryptocurrency exchanges and traders in Asia are struggling to insure themselves against the risk of hacks and theft, a factor...
Lloyd’s Provides Insurance for Cryptocurrency Storage August 28, 2018 By Suzanne Barlyn and Anna Irrera Kingdom Trust, a company that stores digital currency for investors, has secured insurance coverage through Lloyd’s of London to protect...