White hat hackers are often looked at a necessary evil, even though these individuals are crucial to any company in the world. Unlike their black hat consorts, a white hat hacker will look for platform or website vulnerabilities to have them fixed before they can be abused. The founder of China’s white hat hacker community has been arrested without prior notice, which is rather disconcerting. Wooyun Founder Arrest Raises A …
[Read More]

Last Friday, the suspected mastermind behind the Digital Bitcoin Company scam was handed over to the Taichung District Prosecutors Office, in Taiwan. The investigation, carried out by the Taipei Criminal Investigation Bureau, revealed that Mr. Ho – the accused head of Digital Bitcoin Company – defrauded 49 clients out of approximately $306,523. According to a Focus Taiwan report, Ho incorporated Digital Bitcoin Company in 2014. However, in 2015, Ho used …
[Read More]

In the last couple of weeks, it looks like law enforcement agencies have started investigating prominent members of the bitcoin community from areas from all around the world. With this in mind, the latest reports indicate that authorities in Taiwan have just arrested two individuals that may be in direct connection with MyCoin, which is an alleged Ponzi scheme service, but also exchange firm targeting bitcoin users. The Chinese news …
[Read More]