South Korean Crypto Youtuber Assaulted, Attackers Flees
South Korean Youtuber Hwang Kyung Hoon was assaulted in his apartment elevator around 1 AM on Jan 10. The two armed attackers then left him handcuffed on the railing of the elevator before making their escape. He is reportedly receiving treatment in hospital.
Hwang’s company Bit Gosu was involved in crypto-related marketing such as ICOs. A member under Bit Gosu’s trading group CoinRunners mentioned that there had been a threat “to kill employees” after some members were said to have lost funds.
[ Source: Coindesk]
Youtuber Pogo Account Hijacked by Crypto Scammers, Loses 13 Years of Video Content
YouTuber Nicholas Bertke, better known as Pogo, had his account hijacked on 14 Jan 2020. Crypto scammers renamed his account to “Ethereum 2.0 Foundation”, deleted his 13 years of video content, and held a fake Binance, Coinbase live give away offering 10,000 Bitcoins and Ethereum to his 840,000 subscribers. Viewers are being tricked into sending ETH to receive more ETH. Youtube has confirmed the hijack and was working to reclaim the channel.
[Source: Crypto News Flash]
People’s Bank of China Completes “Top-Level” Design for Digital Currency
People’s Bank of China (PBoC) revealed that their top layered design for Digital Yuan have been completed. There has yet to be an exact launch date but head of the digital currency research institute Mu chang chun states that the new development sets to establish “principles of stability, security, and control”. Shenzhen and Suzhou are reported to be the first cities to pilot the currency if launched. The new Digital Yuan will be distributed to commercial banks where users and businesses can then register using digital wallets.
Crypto Whale Alert! Massive Transaction worth $1 Billion USD Made for Just $84 Transaction Fee
A massive transaction of 124,946.6 BTC (~$1 billion USD) was made on 14 Jan for a transfer fee of mere 0.00964 BTC ($84). Though sources says that it could be a funds shuffling as it was originated from a Bitfinex cold storage address, details of the recipient is still unknown.