Hacker Steals Database of the Largest Hosting Provider on the Dark Web

Reports emerged on May 31 about a hacker that stole and leaked the database of Daniel’s Hosting (DH), the largest free web hosting provider in the darknet, and the home of several crypto-related forums and stores. The hacker —under the pseudonym “KingNull”— also claims to be part of the Anonymous collective and reportedly got the … Read more

FCA bars Cypriot firms that used unauthorised celebrity endorsements

It appears that these firms used unauthorised celebrity endorsements on social media as part of their marketing. The orders require them to stop selling CFDs to UK customers, to close existing positions with UK customers, to return UK customers’ money and to notify UK customers of the FCA’s action.   The firms are entitled to seek … Read more

Russian Authorities Disagree Over Lifting Telegram Ban

A major state authority in Russia has objected to the State Duma’s proposal to cancel the ban on Telegram’s encrypted messenger in the country. Russia’s Ministry of Digital Development, Communications and Mass Media, also known as MinComSvyaz, doesn’t support a recent initiative to lift the two-year-long Telegram ban, local news agency Interfax reports May 26. … Read more

Bank of India selects Uniken REL-ID to secure digital channels

Commercial lender Bank of India has selected Uniken and its REL-ID tech to secure its internet and mobile banking channels. Bank of India picked Uniken to secure its mobile channel The two firms have worked together for almost a decade, and this latest selection is an extension of their systems partnership. Uniken CEO Bimal Gandhi … Read more

Algorand Targets Insurance Fraud With New Partnership

Blockchain firms Algorand and Attestiv are teaming up to fight insurance fraud using DLT. Distributed ledger technology (DLT) firm Algorand has partnered with blockchain-based tamper-proof media verification platform Attestiv to target fraud within the insurance industry. The firms will combine their tech to develop a single platform for verifying digital media for a multitude of … Read more

SEC shoots down Telegram’s TON blockchain

The demise of the Telegram Open Network (TON) means the days of crypto projects raising significant amounts of money by pre-selling tokens have come and gone, well-known cryptocurrency lawyer Stephen Palley told Modern Consensus. Attorney Stephen Palley (Photo: Anderson Kill) Telegram CEO Pavel Durov announced on May 12 that his messaging platform’s active involvement with … Read more

PlusToken Scammer Implicated in China’s Second Ten-Figure Crypto Ponzi

The scam, Wotoken, took in roughly $1 billion worth of crypto at current prices from over 715,000 victims. One of the scam’s core operators is purportedly linked to PlusToken — a multi-billion Ponzi that is believed to have impacted the price trajectory of Bitcoin (BTC) on numerous occasions throughout 2019. China’s second ten-figure Ponzi busted … Read more