Hardware wallets are one of the greatest deals in the cryptocurrency world, providing substantial security for a reasonable price. At least, that’s how it’s supposed to work. But a new eBay scam is turning those dreams of safe, secure crypto coins into a nightmare for some unwary users.
In a report published today on CoinDesk, a former employee of Tampa-based bitcoin mining operation Digital Mining Investments (DMI) allegedly stole over $165,000 in mining hardware and another 55 BTC ($35,000)in donations from popular bitcoin lending site BTCJam. The company claims that the man, using the assumed name Jon Simms, spent months building up trust […]
In mid-June, the U.S. Marshal Service (USMS) accidentally sent a mass email to all of the parties who had contacted them about the then-upcoming auction of nearly 30,000 BTC seized from the Silk Road. In addition to providing the bitcoin community and news outlets with a glimpse at some of the potential bidders in the […]