Tag: CryptoCurrency

Canada’s Crypto exchange cannot repay $190m to clients because founder died with their passwords

Canada’s Crypto exchange cannot repay $190m to clients because founder died with their passwords

Uncategorized
Canada's leading cryptocurrency exchange company has said it cannot repay $190m (£110m) to clients because its founder died with their passwords. QuadrigaCX's founder Gerald Cotten, 30, died "due to complications with Crohn's disease" while travelling in India to open an orphanage in December, his wife Jennifer Robertson said. Skynews reported Mr Cotten held "sole responsibility for handling the funds and coins" and no other members of the team could access the stored funds, she said in a sworn affidavit as she filed for credit protection on 31 January. Ms Robertson said about $190m (£110m) in both cryptocurrency and normal money is in "cold storage" - where the company, or just Mr Cotten in this case, holds the key, not the client. The founder held "sole responsibil
Passwords of about 5 Million Email Accounts Published Online by Russian Hackers

Passwords of about 5 Million Email Accounts Published Online by Russian Hackers

Cyber Security
A user of a Russian cryptocurrency forum has published a list of nearly 5 million email accounts and their passwords, reports BusinessInsider The Daily Dot reports that a forum poster known as "tvskit" posted a list of 4,930,000 email addresses and passwords on Russian Bitcoin forum BTCsec. It was claimed that around 60% of the passwords were valid, although forum administrators quickly removed the file and redacted the passwords. BTCsec A screenshot of the email horde. Some forum users who viewed the unredacted list claimed that the passwords shown were around 10 years out of date. Other accounts shown have been suspended or deactivated for years. Along with Gmail accounts, the list also included email addresses for Yandex, the Russian search engine. The affected Gmail account