No, The Central Bank of Kenya is Not Switching to Bitcoin
There was some excitement yesterday when it appeared that the Central Bank of Kenya had decided to “switch to Bitcoin”, which sprouted a rash of ‘huge if true’ comments. Unfortunately, yet utterly predictably, this turned out to not be the case, with the source being a satire website that mocked the country’s monetary policy, although some didn’t realize this and re-posted it as genuine news.
A fake Trezor app in the Apple App Store has cost a bitcoin holder lost his entire life savings of ₿17.1, worth over $600,000 at the time. Phillipe Christodoulou downloaded what looked like the legitimate Trezor app, but it turned out to be fraudulent, leading to his entire bitcoin holding being swept into the hands of presumably jubilant scammers. Christodoulou says he is angrier with Apple than with the scammers as the App Store prides itself on being secure and safe, and may even take legal action against the company.
Read the full article at FullyCrypto: https://fullycrypto.com/fake-trezor-app-in-apple-store-costs-man-%e2%82%bf17
Cryptojacking dropped 23% in the last quarter, the first such drop since 2018, despite the coronavirus pandemic boosting authorized crypto-mining activity. The drop was reported by threat intelligence firm Unit 42, who put the reduction in cryptojacking attacks down to better preparedness by companies, although they add that many are still unprepared for such attacks on their cloud infrastructure.
Read the full article at FullyCrypto: https://fullycrypto.com/cryptojacking-down-23-in-first-drop-since-2018
With Bitcoin and virtually all the altcoins in the world starting to pump, more and more newbies are entering the crypto space. First up, welcome to the wonderful world of crypto. Secondly, be on your guard, as scammers are rampant in this world, and they’re permanently looking for a way to get your money without doing an honest day of work.
Read the full article at FullyCrypto: https://fullycrypto.com/tiny-amount-of-crypto-hit-your-wallet-its-likely-a-dust-attack
The Mt. Gox rehabilitation package deadline has again been extended after creditors failed to agree on how to go about handling the repayment. More than $2 billion worth of Bitcoin and Bitcoin Cash needs to be repaid to victims of the 2014 hack, but disagreements about how the money should be returned have led to years’ worth of delays in achieving this. The Tokyo District Court, which is overseeing the Mt. Gox repayment, has now approved to extend the deadline once more, giving creditors another two months to work with trustee Nobuaki Kobayashi to reach an agreement.
Read the full article at FullyCrypto: https://fullycrypto.com/mt-gox-rehabilitation-deadline-pushed-to-december-15
Bitcoin SV supporters have hit back at OKCoin after the OKEx partner exchange announced last week that it was delisting the BSV token, alongside Bitcoin Cash (BCH). OKCoin gave two reasons for its dual delisting – firstly it was worried that newcomers could be confused between the different Bitcoins because Bitcoin Cash and Bitcoin SV kept referring to themselves as ‘Bitcoin’, and secondly because of Craig Wright’s recent attempted coup over the Bitcoin name through his legal challenges regarding the Bitcoin whitepaper. While the Bitcoin Cash crowd didn’t really bat an eyelid at the OKCoin delistings, the Bitcoin SV crowd were noticeably upset with the development, but went out of their way to pretend that they weren’t.
Read the full article at FullyCrypto: https://fullycrypto.com/bitcoin-sv-supporters-hit-back-at-okcoin-delisting
Finnish customs will sell its €65 million worth of Bitcoin holdings in the coming months having held most of it for over four years. The authority has been building up its holding through action against dark web sellers since 2016, amassing almost ₿2,000 in the process. Despite fears that it could end up in the hands of criminals, Finnish customs has decided that it legally cannot hold onto the bitcoin any longer and so will cash it in in the coming months, registering a €64 million profit in the process.
Read the full article at FullyCrypto: https://fullycrypto.com/finnish-customs-to-sell-e65-million-bitcoin-holding
Justin Sun has had a bit of a field day reminding the crypto world that Tron is on PornHub’s list of accepted cryptocurrencies, but it couldn’t have come at a worse time. Over the past few weeks, MasterCard and Visa both dropped supporting payments to and from PornHub after a scathing New York Times article highlighted a ton of videos that contained children and women being assaulted.
Read the full article at FullyCrypto: https://fullycrypto.com/tron-celebrates-pornhub-as-countless-child-abuse-videos-removed
Pump and dumps are back, Lightning Network gets its chance, and we catch up with META 1 Coin
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In case you missed it earlier this week, which we find hard to believe, a massive list of Ledger customers and their data was published in an online forum. The data was originally stolen in a hack back in June, with Ledger stating that it was just “marketing information” that was pilfered.
Read the full article at FullyCrypto: https://fullycrypto.com/info-leaked-in-the-ledger-hack-take-these-steps