Mt Gox customer sues Mizuho Bank, BitFi wallet is under attack, Northern trust moves into crypto, North Carolina bans crypto campaign donations, Telegram Passport is vulnerable, 15% increase of Russian mining companies
- Mizuho Bank, is being accused of creating issues for Mt Gox customers who were hoping to withdraw funds after the exchange collapsed. Even though the bank stopped processing Mt Gox withdrawals, it continued to accept deposits right before the exchange went under.
- John McAfee offered a $250,000 reward to whoever can hack BitFi wallet. BitFi was caught claiming besiegement by an ‘army of trolls’, and in the past 24hrs the team has created a secondary challenge with a bounty of just $10,000.
- Northern Trust, the U.S.-based custody 129-year old bank, is opening itself up to blockchain and cryptocurrencies and is starting to help traditional ‘mainstream’ hedge funds expand into cryptocurrencies.
- The electoral campaign finance board of North Carolina will not allow election candidates to accept crypto donations in order to fund their campaigns.
- Telegram Passport is vulnerable to brute force attacks as Telegram uses SHA-512, a hashing algorithm that is not meant to hash passwords, according to the research made by cryptographic software and services developer Virgil Security.
- There has been a 15% increase in the number of cryptocurrency mining companies in Russia this year, according to the Russian Association of Cryptocurrencies and Blockchain (RACIB).