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
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
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
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 (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?