
Former Cryptopia Employee Admits Stealing $170K before Company Hack
A Cryptopia employee has told a Christchurch District Court that he stole NZ$250K from the crypto exchange by copying private keys.
A Cryptopia employee has told a Christchurch District Court that he stole NZ$250K from the crypto exchange by copying private keys.
The hack that was yesterday confirmed by Upbit is the seventh major attack on crypto exchanges this year.
The CipherTrace report mentions that ‘exit scams’ have rocked the crypto markets in 2019 alone contributing to a fund loss of a massive $3.1 billion.
After covering a few of the different ways that crypto technology is getting absorbed into the more traditional sectors of finance last week, now we’d like to examine a few emerging features and techs that can impact the trajectory of crypto development.
Ethereum is preparing for its next milestone – Constantinople hard fork. The launch is planned in four stages: Frontier (beta stage to develop and test dapps), Homestead (to stabilize the platform), Metropolis (ongoing) and Serenity (upcoming).