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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. дальше »
2018-10-13 23:34 | |
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New Zealand PM Used As Pawn In Fake News Site
Jacinda Arden, Prime Minister of New Zealand has had her face used by a fake news site in order to promote articles aimed at Facebook to encourage a crypto startup. A local media source, ‘Stuff’ reported on Friday that multiple sponsored posts have recently been promoted on Facebook by using the likeness of the New Zealand PM with headlines such as New Investment Plan For Kiwis which were targeted at several different age groups around the country. дальше »
2018-10-12 16:30 | |
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Huge User-base South Korean Startups Flock to The Blockchain
Some of the largest startups in South Korea with over 10 million users are turning to the blockchain. “Baedal Minjik,” a food delivery startup whose annual revenue surged 80 percent last year, and “Joonggonara,” a major used goods marketplace in South Korea, have shown interests in integrating the digital ledger technology. дальше »
2018-10-11 15:00 | |
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Criminals used Bitcoin to launder $2.5B in dirty money, data shows
New data shows criminals have laundered $2. 5 billion worth dirty Bitcoin through cryptocurrency exchanges, and almost all of it ends up in countries with lax Anti-Money-Laundering (AML) regulations. дальше »
2018-10-10 18:24 | |
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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil
Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December. дальше »
2018-10-10 22:30 | |
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Unlocking the Full Potential of IoT Farming - [BTC Media Sponsor]
You don’t need to be an agriculture expert to see the writing on the wall. Current farming methods just aren’t working anymore for most farmers of the world. There are 2 billion smallholder farms managing fewer than five acres (PDF). дальше »
2018-10-9 20:10 | |
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Bitcoin and Bitcoin Cash Used on the Dark Web to Buy Stolen Facebook Accounts
The Independent, a media news site, reported Sept. 29 that Facebook, the world’s largest social media network, discovered another embarrassing hack in mid-September, just a few months after the infamous Cambridge Analytica scandal. дальше »
2018-10-8 17:59 | |
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Circle Poised to Acquire Equity Crowdfunding Platform SeedInvest
Cryptocurrency startup Circle is venturing deeper into crypto trading. The Boston-based company is now ready to buy equity crowdfunding firm SeedInvest. If approved by regulators, the move could allow Circle to help match investors with fledgling companies trying to raise money via initial coin offerings (ICOs). дальше »
2018-10-6 20:54 | |
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Crypto Market Tumbler Services and Exchanges Used to Launder over $80 Million
A crypto market investigation launched by the Wall Street Journal has revealed that almost $90 million worth of cryptocurrencies has been laundered through cryptocurrency exchanges based in the United States… The post Crypto Market Tumbler Services and Exchanges Used to Launder over $80 Million appeared first on CoinCentral. дальше »
2018-10-5 20:17 | |
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Binance Invests $2.5 Million in Australian Blockchain Travel Startup
Binance has announced a $2. 5 million investment in Australian travel startup TravelbyBit in a move to introduce a blockchain-based, point-of-sale (POS) payment system across major airports around the world. дальше »
2018-10-4 17:50 | |
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Brave CEO Pens Letter to Senate Committee Asking for GDPR-Like Privacy Regulation
Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States. дальше »
2018-10-4 20:51 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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Hackers exploit Bitcoin inflation bug to print 235M fake Pigeoncoins
The collateral damage from Bitcoin’s epic inflation bug continues to spread. The developers of small-cap cryptocurrency Pigeoncoin have confirmed hackers successfully exploited the vulnerability to print 235 million Pigeoncoins, worth around $15,000. дальше »
2018-10-3 14:40 | |
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BNB Token To Be Used As GAS On Binance’s Decentralized Exchange
Binance, the digital currency exchange, has hinted at the upcoming launch of its decentralized exchange (DEX). A tweet by Changpeng Zhao, CEO, and founder of Binance, also revealed that Binance Coin (BNB) would be used as native GAS on the future DEX. дальше »
2018-10-2 19:00 | |
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ShapeShift CEO Erik Voorhees Refutes WSJ Dirty Money Accusations
ShapeShift CEO Erik Voorhees has published a new blog post refuting accusations from the Wall Street Journal surrounding a multi-million dollar money laundering network operating through the ShapeShift exchange. дальше »
2018-10-2 18:34 | |
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Acronis Expands R&D in Blockchain and AI, Adds $20 Million Investment in Arizona
Celebrating 15 years in the industry, hybrid cloud solutions and cyber protection service provider Acronis is looking to expand its reach into the blockchain sector. The company recently announced that it would increase its investment in Arizona by $20 million. дальше »
2018-10-1 04:04 | |
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Bitcoin And Monero Used To Launder $89M: Investigation
Nearly $89 million USD worth of Bitcoin (BTC) and other top cryptocurrencies were mostly converted to privacy coin Monero (XMR) at 46 exchanges around the world in order to launder illicit funds, a Wall Street Journal investigation has found. дальше »
2018-9-30 21:30 | |
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Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins
Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U. дальше »
2018-9-29 01:06 | |
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WSJ Investigation Alleges $88 Million Laundered Through 46 Crypto Exchanges
The Wall Street Journal claimed Friday that 46 crypto exchanges were used to launder nearly $90 million – with $9 million going through ShapeShift. дальше »
2018-9-29 21:45 | |
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Federal Judge Rules Cryptocurrency MBC Is a Commodity
In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal. дальше »
2018-9-28 23:15 | |
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Bitmain IPO Prospectus Reveals Offering May Be a Gamble for Investors
Bitmain, the biggest company in bitcoin mining, has filed for its IPO in Hong Kong. As part of the approval process, the company submitted a prospectus to the Hong Kong stock exchange at the end of August 2018. дальше »
2018-9-28 23:08 | |
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Swiss Startup Secures $100m Investment to Launch a Cryptocurrency Bank
A Switzerland-based cryptocurrency startup, SEBA Crypto AG has successfully secured $100 million as investment from some local and foreign retail and institutional investors. This investment will be used to fund its proposed fully regulated cryptocurrency bank. дальше »
2018-9-27 15:56 | |
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Circle’s USDC Stablecoin Begins Trading
Boston-based cryptocurrency finance firm Circle has just joined the multitudes of other crypto exchange platforms now issuing and trading their own stablecoins. As of September 26, 2018, dollar-pegged USDC is now trading on Poloniex, the crypto-to-crypto exchange Circle acquired in February 2018, and on Circle Trade, the company’s over-the-counter (OTC) platform. дальше »
2018-9-27 20:50 | |
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BitPesa Brings Bitcoin Liquidity to African Markets
The bitcoin blockchain is now being used to send money to almost a million customers through the Japanese transfer bank SBI Remit and BitPesa. BitPesa’s African Push The protocol was generated to become a quicker, more trustworthy way to finance Africa’s often undercapitalized markets. дальше »
2018-9-27 19:00 | |
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Study Reveals Growing Sophistication in Malicious Mining of Cryptocurrency
Several Chinese researchers from Fudan University, Tsinghua University and the University of California Riverside have produced the first systematic study of the malicious mining of cryptocurrencies, known as cryptojacking, unveiling increasing complexity over time. дальше »
2018-9-25 23:59 | |
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With the ICO Era Winding Down, New Era Emerges
ICOs have evolved from what they used to be. A recent Bloomberg article highlighted the new (down) trend, reporting that ICOs raised $300 million in August 2018. This is the lowest level of funding seen in the past 16 months, a mere one-tenth of the average monthly funding volume ($3 billion) in the first quarter […] The post With the ICO Era Winding Down, New Era Emerges appeared first on CryptoSlate. дальше »
2018-9-24 20:00 | |
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1% of wallets hold 55% of the world’s Bitcoin
More than half of the entire Bitcoin circulating supply is controlled by cryptocurrency whales, and 42 percent of them didn’t sell during peak crypto-mania. Blockchain research unit Diar has put together some interesting data that suggests less than 1 percent of all wallet addresses control $100 billion in Bitcoin. дальше »
2018-9-18 14:42 | |
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Crypto Wallet Protection App Wants to Secure Your Wallets Against Malware
Malware, a persistent thorn in the side of the internet’s wider community, has become an increasing concern for cryptocurrency users. A problem that comes in many forms, malicious software is leveraged by hackers to rob community members of their funds. дальше »
2018-9-18 23:37 | |
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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner
Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic. дальше »
2018-9-15 01:22 | |
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Battle of the Privacycoins: Why Dash Is Not Really That Private
Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited. дальше »
2018-9-7 00:27 | |
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Brendan Eich’s Brave Browser Reaches 4 Million Monthly Users
Last week, cryptocurrency-powered Brave Browser announced that it had reached 10 million downloads on the Google Play store. Brave CEO Brendan Eich has since published new stats showing that Brave Browser is now being used by 4 million monthly users. дальше »
2018-9-5 00:14 | |
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XMOO Native Cryptocurrency of CloudMoolah Gets Listed on Coinsuper Cryptocurrency Exchange
Back in April 2018, the Cloud Alliance Blockchain project successfully concluded its XMOO token sale event which generated $15 million. Token holders can now trade the coin on the exchange, and the altcoin will be used by players for game payments, game developers will use it for publishing games, marketing, and other services at a […] The post XMOO Native Cryptocurrency of CloudMoolah Gets Listed on Coinsuper Cryptocurrency Exchange appeared first on ZyCrypto. дальше »
2018-9-1 15:55 | |
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Coinbase Details Extraordinary Security Practices, Including Electromagnetic Tents Used to Generate and Protect Private Keys
Cryptocurrency enthusiasts know that the safest way to store their digital assets is offline in cold storage. Generally, this is done via a hardware or paper wallet, but according to Wired, it seems that Coinbase has an alternative approach to storing crypto offline. дальше »
2018-8-31 17:18 | |
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Teen SIM Swapper Steals Over $1 Million in Cryptocurrencies
Police in Santa Clara, California, have arrested a 19-year-old SIM swapper who allegedly stole over $1 million in cryptocurrencies. One victim alleged that he lost $150,000 in crypto as a result of the SIM card fraud. дальше »
2018-8-25 22:15 | |
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Nearly 2.7 Million Webstores Now Accepting Crypto Payments Through Coinbase Commerce
At the beginning of this month Coinbase Commerce announced that it had launched a new WooCommerce plugin which would allow cryptocurrencies to be used as a form of payment for commercial transactions. дальше »
2018-8-24 01:21 | |
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Singaporean Fintech, X Infinity, Raises $20.5 Million for Speedy Crypto Wallet
On August 20, 2018, X Infinity announced that they had successfully raised $20. 5 million through a private sale. The Singapore-based fintech firm surpassed their projected target of raising $18 million. дальше »
2018-8-22 08:00 | |
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ZEGO Uses Blockchain in $289 Million Monsanto Cancer Lawsuit to Test For Deadly Glyphosate Chemical
Blockchain Technology Used To Trace Deadly Chemical Linked $289 Million USD Monsanto Cancer Lawsuit Zego, a food safety company, has started to use blockchain distributed ledger technology to test products for chemical residues. дальше »
2018-8-18 18:41 | |
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Identitii Launches $11 Million IPO on Australia Securities Exchange (ASX)
Fintech Identitii Valued At $11 Million As It Launches IPO On Australia Securities Exchange (ASX) We are used to the idea of initial coin offerings (ICO’s) in the distributed technology world, and not much on blockchain related companies launching IPO’s to raise capital for further development. дальше »
2018-8-15 21:38 | |
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Axoni Closes $32 Million Funding Round Led By Goldman Sachs
New York-based provider of enterprise blockchain technology Axoni has completed a $32 million Series B funding round, bringing total funding up to date to upwards of $55 million. Axoni Boosted By Lucrative Partnerships Axoni, a New York-based company specializing in the delivery of distributed ledger infrastructure to many of the world’s leading financial institutions, announced the successful completion of a $32 million funding round today. дальше »
2018-8-15 00:00 | |
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Cypriot Blockchain Startup Raises US$1.4M Seed to Fix Online Reviews
Review. Network, a new blockchain project that has set out to improve online reviews and market researches, has raised US$1. 4 million in seed funding from undisclosed private investors. The capital injection will be used to grow the team and develop the platform, the startup said on Tuesday. дальше »
2018-8-14 17:05 | |
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Singapore VC Firm Launches $10 Million Fund for Cryptocurrency and Blockchain Startups
A Singapore-based venture capital firm, Golden Gate Ventures, made an announcement via Reuters on August 10, 2018, that the company is primed to establish a $10 million fund to invest in blockchain and cryptocurrency startups. дальше »
2018-8-13 05:45 | |
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Ripple (XRP) Cryptocurrency Can Be Used to Pay Bills via Coins.ph in Philippines
Coins. ph Allows 5 Million Users To Pay Bill In Cryptocurrencies South East Asia has been catching up with the western world in crypto adoption. This narrative continues with a new development coming out of Philippines. дальше »
2018-8-10 19:03 | |
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Opera Browser Opens Its Built-in Cryptocurrency Wallet to Desktop Users
Opera Ltd (NASDAQ: OPRA), the Norway-headquartered company behind the browser used by 322 million people, has decided to open up its desktop browser to its recently released mobile crypto wallet. The developers say this is due to the “overwhelmingly positive response of the crypto-community and users to the crypto wallet in Opera for Android. дальше »
2018-8-8 10:10 | |
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Handshake: A Sensible Root Authority Service
Handshake (HNS) is giving away $100 million in crypto to help with the global launch of the replacement system of root authority servers for the internet architecture. Are Current Root Certificate Authorities Secure? Nope. дальше »
2018-8-4 05:39 | |
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Why Major Crypto Exchange OKEx Controversially Used User Funds to Liquidate Bitcoin Contract
OKEx, the second biggest crypto exchange by daily trading volume, officially announced the decision to engage in a forced liquidation to settle a massive long contract. On July 31, 2018, a user with the ID 2051247, the largest individual holder of Bitcoin and Ethereum on the platform, entered a long position worth $460 million. дальше »
2018-8-4 00:00 | |
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Australia Turns to Blockchain for Traceability in the Sugar Industry
The Australian government will provide a AUD$2.25 million grant to an initiative that seeks to use blockchain technology to develop transparency in the sugar industry. Known as the Sustainable Sugar Project, it will be used to prove the origins of the sugarcane used and the sustainability of farms. This will give consumers confidence in the […] дальше »
2018-8-3 22:00 | |
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