cybercrime

Breach at Indian exchange BuyUCoin reportedly exposes the personal data of 325K users

Indian BuyUCoin crypto exchange users have reportedly affected by a breach involving more than 325,000 individuals’ personal data. A hacking group named ShinyHunters leaked a database containing the names, phone numbers, email addresses, tax identification numbers and bank account details of more than 325,000 users of BuyUCoin, according to a report from the Indian news […]

Digitex to remove KYC to protect user data

Crypto Exchange Digitex Removes KYC to Protect User Data

While some global crypto exchanges move to expand Know Your Customer (KYC) rules, some major rivals claim that crypto platforms don’t need KYC at all. Digitex, a Seychelles-based crypto derivatives exchange, will start removing KYC identification this week in response to a major user data leakage that happened last month. Digitex will have no KYC […]

UK High Court freezes $1million bitcoin in ransomware case

UK High Court Freezes $1M of Bitcoin in Ransomware Case

A UK High Court ordered a proprietary injunction on Bitcoin obtained through a ransomware attack on a Canadian Insurance Company. The proprietary injunction is an order which prevents a person from dealing with their own assets when it is subject to a proprietary claim. The UK High Court releases documents concerning a ransomware attack on […]