Photo: Jakub Porzycki/NurPhoto (Getty Images) Coinbase users’ accounts showed a “zero balance” on Wednesday afternoon. Coinbase confirmed the problem on its status page at 12:40 p.m. ET but claims customer cryptocurrency funds are safe. The cryptocurrency exchange blames the outage on increased traffic, as Bitcoin’s price surged past $60,000. Crypto Exchanges Restrict Withdrawals Coinbase says … Read more
Photo: Kiyoshi Ota/Bloomberg (Getty Images) Well, that’s one way to see your investment pay off. In 2014, the largest cryptocurrency exchange in the world, Mt. Gox, suffered a notorious hack that stole 850,000 Bitcoins from the platform. Victims are finally starting to get their money back on Tuesday, nearly 10 years later. However, some are … Read more
Photo: Lukas Gojda / Shutterstock.com (Shutterstock) Bitcoin wallets older than 2016 could have a vulnerability that puts over $1 billion worth of cryptocurrency at risk, according to a report in the Washington Post. Why Should Crypto Currencies be Called Securities? | Gizmodo Interview According to Unciphered, a cryptocurrency recovery company, an untold number of crypto … Read more