A computer engineer and hardware hacker has revealed how he managed to crack a Trezor One hardware wallet containing more than $2 million in funds.Joe Grand — who is based in Portland also known by his hacker alias “Kingpin" — uploaded a Youtube video explaining how he pulled off the ingenious hack.After deciding to cash out an original investment of roughly $50,000 in Theta in … [Read more...] about Engineer hacks Trezor wallet, recovers $2M in ‘lost’ crypto
Recovers
Indian taxman recovers $6.62M from WazirX for evading tax on commission
Indian crypto exchange WazirX has reportedly paid over $6.62 million (49.2 crore rupees) following non-payment of Goods and Services Tax (GST) on trade commissions. The total recovery includes the pending tax of $5.43 million (40.5 crore rupees), the interest and a penalty for non-payment.Government officials from the Central GST and Central Excise committee (CGST Mumbai Zone) … [Read more...] about Indian taxman recovers $6.62M from WazirX for evading tax on commission
Bitcoin (BTC) hashrate recovers from China’s crackdown
Earlier in the year when China renewed its hostilities towards the crypto industry, one metric that saw a negative effect of the crackdown was the Bitcoin mining hashrate that plummeted by more than 50% during this period largely because crypto miners were being pushed out of the Asian country.Bitcoin mining hashrate recovers from China banWith erstwhile Chinese miners finding … [Read more...] about Bitcoin (BTC) hashrate recovers from China’s crackdown
Crypto market cap recovers $76B, altcoins rally after Bitcoin hits $34K
Cryptocurrency traders received a reprieve from bearish market conditions on June 23 as Bitcoin’s (BTC) brief recovery to $34,880 triggered a rally in altcoins and hope that a wider market recovery will occur if the path laid out by the Wyckoff distribution model rings true. According to data from CoinMarketCap, the total cryptocurrency market capitalization fell by nearly $230 … [Read more...] about Crypto market cap recovers $76B, altcoins rally after Bitcoin hits $34K
Bitcoin price recovers above $53K as $6 billion options expire: what’s next?
Bitcoin (BTC) price has corrected higher and is trading above $53k as of writing as bulls prepare for volatile weekend post massive $6 billion options expiry Bitcoin is trading around $53,300 level at the time of writing, largely unchanged over the past 24 hours. This follows buyers’ attempts to push higher after sellers failed to puncture support at the crucial $50,000 … [Read more...] about Bitcoin price recovers above $53K as $6 billion options expire: what’s next?