Following backlash, Coinbase to give former Hacking Team employees the boot

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Hey, look at that. A cryptocurrency exchange has decided to do the right thing – albeit belatedly, and only after a sustained public outcry. 

The San Francisco-based exchange Coinbase announced on March 4 it had agreed to part ways with several new employees holding a particular grisly distinction: Namely, that they previously worked for the incredibly shady Italian spyware company Hacking Team

Hacking Team, for those not in the know, has been accused of selling spyware to governments with dismal human rights records. For example, the Ethiopian government allegedly used Hacking Team tools to target journalists in the U.S. Read more…

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View More Following backlash, Coinbase to give former Hacking Team employees the boot

Crypto exchange mistakenly sends 103 bitcoin to wallet it’s locked out of

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When it comes to cryptocurrency, things can always get worse. 

Earlier this month, news broke that QuadrigaCX, a Canadian cryptocurrency exchange, lost access to $190 million worth of customer crypto after the founder died — taking sole knowledge of the account passwords to the grave. 

Now, it looks like it screwed up again. According to a preliminary report filed by Ernst and Young, which is acting as a court-appointed monitor for the company, QuadrigaCX sent a so-called cold storage wallet 103 bitcoin (worth more than $460,000) after it had been locked out. 

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View More Crypto exchange mistakenly sends 103 bitcoin to wallet it’s locked out of

He had sole access to $190 million worth of customers’ crypto. Then he died.

In the risk-filled world of cryptocurrency, “sorry for your loss” has a very specific meaning. In the case of Canadian crypto-exchange QuadrigaCX, it’s become a rather grim double entendre. 
The exchange’s founder, 30-year-old Gerald Cotten, die…

View More He had sole access to $190 million worth of customers’ crypto. Then he died.

Coinbase Bundle performance tracker reveals the sad state of the crypto market

If you bought a lot Bitcoin in 2011, you’d be rich now. 
But if you bought Bitcoin a year ago, or even a month ago…well, let’s just say your portfolio would be a pretty sad sight. 
Which is why it’s funny that cryptocurrency exchange Coin…

View More Coinbase Bundle performance tracker reveals the sad state of the crypto market

Crypto trading card game ‘Gods Unchained’ looks pretty sweet in first gameplay trailer

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Cryptocurrency-based gaming is growing up. 

Gods Unchained, an upcoming trading card game (TCG) based on Ethereum, has released its first gameplay trailer, and it looks great. 

On the surface, Gods Unchained is a clone of Hearthstone, Blizzard’s game that made the genre immensely popular after it launched in 2014. You collect cards, which give you various traits and abilities, build a deck, and then try to defeat opponents in turn-by-turn play. 

But the game is different in one key aspect — its cards live as non-fungible tokens on the Ethereum blockchain. Non-fungible tokens or NFTs are cryptographic tokens which are unique, contrary to fungible tokens (think ethers or bitcoins) which are all exactly alike and interchangeable (for technical details, go here).  Read more…

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View More Crypto trading card game ‘Gods Unchained’ looks pretty sweet in first gameplay trailer