Report: North Korea funded missile program using stolen crypto

A report submitted to the U.N.

The post Report: North Korea funded missile program using stolen crypto appeared first on CryptoSlate.

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Hackers Are Now Using Compromised Cloud Accounts To Mine Crypto

Attackers are exploiting poorly configured cloud accounts to mine crypto, Google warned users in a recent report. Cryptocurrency mining is a computationally intensive activity. And Google Cloud customers can access it at a cost.

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Transacting on Solana less energy-intensive than on Bitcoin, Ethereum, report reveals

Those looking at the metaverse from outside the crypto sector are often horrified by the carbon footprint of NFTs or the energy consumed while using Ethereum. However, Solana's Energy Use Report for The post Transacting on Solana less energy-intensive than on Bitcoin, Ethereum, report reveals appeared first on AMBCrypto.

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Russian regulators want to mine crypto through wasted flare gas

Mining digital assets in Russia could take a new turn in the near future as regulators in the European country are considering using waste natural gases for mining purposes, this was revealed by a report from a local media house, Kommersant.

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Tether fires back against report it is using reserves for investments and making crypto-backed loans

"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux.

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Paying for Taco Bell with Dogecoin (DOGE) could soon become a reality

Per a Bloomberg report, the next time you might be buying a Taco Bell, you could be able to make payment for your order using the popular meme coin, Dogecoin, or other popular large-cap cryptocurrencies.

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Bitcoin adoption soars in Afghanistan after the country spirals into chaos

Afghanistan citizens have been increasingly embracing cryptocurrencies, more so after the Taliban took over the country. A report unveiled this news on August 21, giving the example of Farhan Hotak, a 22-year-old Afghan that resorted to using crypto to hedge some of his wealth against the current economic instability in his country.

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Unique Addresses Using DeFi Protocols Grow by 65% in Q2, Institutional Capital Flooding in DeFi Too: ConsenSys

As of July 1, 2021, 161 million unique Ethereum addresses have been created, an increase of 10% over Q1 and a decrease in the 12% growth since January, according to ConsenSys’ 2Q21 report. 2. 91 million unique addresses used at least one DeFi protocol by the end of Q2, representing a 65% growth from Q1.

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Indian Government Working on Blockchain Framework to Ease Startup Compliance

Indian government agencies are contemplating leveraging blockchain technology to mitigate compliance burdens on startups, a report by Inc42 claims. Using Blockchain to Ease Startup Compliance In a bid to make it easier for startups to deal with compliance and regulatory hurdles, some Indian government agencies are mulling a move to distributed ledger technology (DLT). Specifically,Read More

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Report: Tweaks to South African Tax Filing System to Result in Decreased Crypto Arbitrage

Reports from South Africa suggest that tax authorities have plugged a loophole on the online tax filing system that enabled crypto arbitrage traders to make several purchases on overseas cryptocurrency platforms using just one approval.

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Extreme Right-Wing Groups Using Virtual Assets and Stablecoins to Move Funds: FATF Report

The Financial Action Task Force (FATF) released a report called “Ethnically or Racially Motivated Terrorism Financing” that talks about the use of cryptocurrencies by terrorists to move funds. The global anti-money laundering watchdog said few countries had designated extreme right-wing groups (ERW) or individuals as terrorists who appear to be becoming more adept at disguising […] The post Extreme Right-Wing Groups Using Virtual Assets and Stablecoins to Move Funds: FATF Report first appeared on BitcoinExchangeGuide.

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FBI Bolstering Tactics Against Illicit Cryptocurrency Transactions and Cybercrimes

The Federal Bureau of Investigation has been bolstering its systems and using stronger tactics to tackle cybercrime and the nefarious use of cryptocurrency, according to a Bloomberg report. The post FBI Bolstering Tactics Against Illicit Cryptocurrency Transactions and Cybercrimes appeared first on BeInCrypto.

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Bank of Israel steps up CBDC efforts with reported tests on Ethereum

The Bank of Israel has experimented with using Ethereum and nonfungible tokens for a pilot as part of its ongoing digital shekel research, a local report claims.

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Beijing’s Distaste for Bitcoin Mining Spreads to Inner Mongolia, Miners Could Face a ‘Social Credit Blacklist’

Beijing’s recent crackdown on the cryptocurrency industry has found its way into Inner Mongolia according to a recent report. Inner Mongolian officials plan to introduce harsh penalties to bitcoin mining operations using the region’s grid without permission from authorities.

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Only 1% of Ethereum Addresses Are Currently Using DeFi: ConsenSys Report

As of April 1st, 2021, there were 146 million unique Ethereum addresses, 16 million more since the beginning of the year. However, only 1% of these addresses are using decentralized finance (DeFi).

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RBI reportedly urging banks to cut ties with crypto exchanges and traders

The lack of rules for cryptocurrency trade in India is giving birth to policy grey areas that different stakeholders are using to their benefit. As per a Reuters report on 13 May 2021, India’s central bank, the Reserve Bank of India (RBI), has recently asked Indian banks, informally, to stop banking services to crypto trades. […]

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Digital Yuan Is Closing In On A Full Release As Major Institutions Start Using The CBDC

Ant Group, a wholly-owned subsidiary by Alibaba, has been partnering with the People’s Bank of China (PBoC) on the central bank digital currency, popular as CBDC, a report from South China for the past four years China Morning Post reads.

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Boson Protocol and Outlier Ventures outline framework for decentralized ecommerce ecosystem

CryptoNinjas » Boson Protocol and Outlier Ventures outline framework for decentralized ecommerce ecosystem Following extensive joint research, Boson Protocol, the project building a capture resistant dCommerce ecosystem using NFTs encoded with game theory, and European venture capital firm Outlier Ventures, have released a formative report outlining the framework for the establishment of a decentralised commercial ecosystem, also known as a dCommerce ecosystem.

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Crypto Council For Innovation Report: Criminals Will Move Away From Bitcoin

A recent report co-authored by an ex-CIA director has found that criminals will increasingly move away from using Bitcoin.

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Bitcoin’s Creator Satoshi Nakamoto Is Now a Member of the Top 20 World’s Richest People

This week our newsdesk covered the world’s wealthiest cryptocurrency billionaires after the American business magazine Forbes published the 2021 list of billionaires. Now it was mentioned in our report that Satoshi Nakamoto didn’t make the cut, even though Bitcoin’s inventor is one of the wealthiest people in the world.

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Credit Suisse, Nomura’s Instinet Achieve Same Day Settlement using Paxos Blockchain

Nomura’s Instinet and Credit Suisse today achieved T+0 settlement for U. S. listed equities via the Paxos Settlement Service. Paxos Blockchain Enables Same-day Settlement According to a Ledger Insights report on April 6, Nomura’s Instinet and Credit Suisse have successfully achieved T+0 settlement for U.

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Cerealia SA pilots a project to trade grains using virtual tokens

Cerealia SA, a Swiss-based crop-trading blockchain firm, has tested the use of technology that facilitates the trading of grain with virtual tokens. A report unveiled this news on March 31, noting that the startup developed a non-fungible token (NFT) that is backed by 30,000 metric tonnes of white corn from Mexico.

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На Binance продублировался депозит на $5 млн в токенах проекта Filecoin

Разработчики проекта Filestar и блокчейн-обозревателя Filfox обнаружили, что токены FIL стоимостью около $5 млн по неизвестной причине поступили на биржу Binance дважды. New incident report on today’s exchange bookkeeping issue that resulted from using the Lotus API incorrectly.

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JPMorgan says retail Bitcoin investors are now out-buying institutions

Research strategists at JPMorgan Chase, a top U. S investment bank, revealed that there are more retail traders investing in Bitcoin than there are institutional traders. The report reveals that retail investors have bought over 187,000 Bitcoin using Square and PayPal this quarter.

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JPMorgan Says Retail and Institutional Bitcoin Flows Were Equal in Q1

According to a JPMorgan report, institutional and retail bitcoin flows balanced throughout the first quarter of 2021. JPMorgan Analysis Details Retail investors accumulated over 187,000 Bitcoins this quarter as a proxy using Square and Paypal data, compared to approximately 205,000 last quarter, strategists, including Nikolaos Panigirtzoglou, in a report on Friday. Meanwhile, over the periodRead More

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Moderna and IBM to Jointly Explore Blockchain Technology for Vaccine Traceability

U.S.-based pharmaceutical and biotechnology company Moderna has partnered with IBM to explore the use of emerging tech – including blockchain – for vaccine traceability. Using Blockchain to Track Vaccine According to a report by Ledger Insights published on March 6, American biotechnology firm Moderna has joined hands with IBM to use the latter’s blockchain solutionRead More

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IRS sheds light on reporting requirements for fiat-purchased crypto

The United States Internal Revenue Authority (IRS) has updated the FAQ section on cryptocurrencies. A report unveiled this news on March 3, noting that the update exempts individuals that purchased crypto using fiat currencies and had no other crypto transactions in 2020 from reporting such transactions under the virtual currency question.

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Crypto myth busted: Users haven't mined Ether using a PlayStation 5 yet

The original report from GizChina said that a software developer had modified the CPU and graphics cards on the new gaming console to mine crypto.

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How has Bitcoin's price rally affected crypto-criminals?

According to a recent report by global cybersecurity company Kaspersky, the growth in lucrative profits to be made in the crypto-mining space has contributed to cybercriminals using their computing poThe post How has Bitcoin's price rally affected crypto-criminals? appeared first on AMBCrypto.

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Miami Commissioners Reject Mayor’s Push to OK Crypto Use, Vote to Study It First: Report

The city will seek a vendor to help City Hall pay all or part of its employees' salaries in bitcoin. Residents would also have the option of using cryptocurrency to pay for city services.

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Crypto Mining Farm Spotted Using High-End Gaming Laptops: Report

Images have surfaced on Twitter reportedly showing a crypto-mining operation using laptops fitted with high-end Nvidia RTX 30-series graphics cards.

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UN report says North Korea behind $281M exchange hack to fund nukes

A preliminary report from a United Nations inquiry suggests North Korea is using the proceeds from crypto hacks to funds its weapons programs.

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Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China

A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest number with 106. Completing […]

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Iran Seizes 45,000 Bitcoin Miners for Illegally Using Subsidized Government Electricity: Report

Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week.

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Coinbase users can now report their crypto taxes using CoinTracker

Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before.

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Latin American, Caribbean Countries Use Blockchain to Fight Poverty

Blockchain technology promises to bring a tough fight against poverty in Latin America and the Caribbean (LAC). LAC Tap Blockchain to Tackle Poverty According to a report by Borgen Magazine, LAC are using distributed ledger technology (DLT) to free the region of poverty.

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SEC Disapproves BOX Security’s Request to Report Stock Trading Data on Ethereum Blockchain

BOX proposed a rule change to the SEC for using the Ethereum blockchain to record and publishing end-of-day securities ownership balances.

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Bitcoin Scam Using Unauthorized Celebrity Images in Ads Traced to Moscow: Report

A Guardian Australia investigation traced the source of a major crypto scam using Google ads to addresses in Moscow.

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Elliptic Report: Crypto Criminals Turn to Privacy Wallets to Launder Bitcoin

Privacy has been one of the hot buttons in the crypto space. In a new report, leading blockchain analytics firm Elliptic reviews the industry's illegal activity levels this year. On Wednesday, the firm released a study showing that criminals are now laundering Bitcoin using private wallets like Wasabi.

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Microsoft Warns Cybersecurity Threat Posing as Monero Miners Attempts to Extract Data

A recently released Microsoft report has revealed that threat actors at the state level are now using coin miner techniques to cover their tracks or blend in. The report, which was published on Nov 30, highlights a recent attempt by state threat actor ‘BISMUTH,’ which leveraged Monero coin miners to infiltrate both government and private […] The post Microsoft Warns Cybersecurity Threat Posing as Monero Miners Attempts to Extract Data first appeared on BitcoinExchangeGuide.

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Hackers Using Monero Mining Malware as Decoy, Warns Microsoft

Crypto-jacking is giving nation-state hackers a decoy for their more malicious attacks, Microsoft cautioned in a report.

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Japan: Life Insurance Giant Uses Blockchain Technology for Stockholder Voting

Blockchain technology is now being used for stockholder voting. Japanese Firms Tap Blockchain for Stockholder Voting According to a report by Ledger Insights, one of the top three Japanese life insurers, Meiji Yasuda Life, is mulling using distributed ledger technology (DLT) for shareholder meetings from July 2021.

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Vodafone Partners Block Gemini to Tap Blockchain for Digital Recruitment Processes

Vodafone inks alliance with Block Gemini to leverage blockchain to streamline the digital recruitment processes. Using Blockchain to Simplify Recruitment According to a report by tahawultech. com technology start-up Block Gemini has entered into a partnership with telecommunications behemoth Vodafone’s offshoot – Vodafone Procurement Company (VPC) – to tap distributed ledger technology (DLT) to further developRead MoreRead More.

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Saudi Arabia and UAE central banks to launch CBDC Aber

Recently, the Central Bank of the UAE partnered with Saudi Central Bank (SAMA) issued a report which explains all the benefits of using a distributed payment system and combining it with a centralized payment structure.

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Belarus’ Largest Bank, Belarusbank, Is Launching Crypto Exchange Service

Belarusbank, the largest bank of Belarus, is the latest one to announce that it will provide its customers the opportunity to buy and sell cryptocurrencies using Visa payment cards. According to a recent report, the crypto trading service will be allowed against the fiat currencies, including the Belarusian ruble, the euro, and the US dollar.

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Technician Used Airport’s Computers to Mine Ethereum in Italy: Report

A technician at the Lamezia Terme airport in Italy was discovered using the airport's computers to illegally mine ether (ETH).

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Italian Technician Sets Up Ethereum Mining Farm Using Airport Computers: Report

A 41-year-old airport computer technician at Italy’s Lamezia Terme International Airport has reportedly been arrested by local police after allegedly being caught using airport computer networks and power to mine Ethereum.

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This country will now buy state-mined Bitcoin to fund imports

The Irani government will now allow imports to be paid for using Bitcoin, as per a recent report in local publication ISNA. The post This country will now buy state-mined Bitcoin to fund imports appeared first on CryptoSlate.

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MoneyGram Received $9.3M From Ripple In Q3 For Providing Liquidity To The ODL Network

Blockchain-based payments firm Ripple paid MoneyGram over $9 million during the third quarter of 2020 for using the firm’s XRP-based international payments network. In MoneyGram’s Q3 report released on Thursday, the company said it received $9.

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