FBI Makes Two New Arrests For Cryptocurrency Theft

Two men from Massachusetts were charged by the US Department of Justice (DOJ) on multiple counts, including wire fraud, computer fraud, abuse and identity theft. The defendants, Eric Meiggs, 21 and Declan Harrington, 20  were allegedly attempting to steal from digital currency companies’ directors and others “who likely had significant amounts of cryptocurrency,” and...

NiceHash Co-Founder Arrested in Germany

The former CTO and co-founder of the Slovenian cryptocurrency hash power broker NiceHash has been arrested in Germany on charges of being a member of a group of hackers that was in charge of millions of dollars robbery.As the Slovenian news portal 24UR.com reports, Matjaz Skorjanec was detained by German law enforcement last Monday....

Fully Insured Custody Provider Enters the Market

The new cryptocurrency custodian KNØX has entered the market today with an extensive fund insurance program arranged by the insurance provider giant Marsh & McLennan, Coindesk reports. The Canada-based KNØX provides protection for its customers, such as asset managers and hedge funds, through its storage feature which keeps the cryptographic personal keys offline. Marsh’s insurance...