Thousands of enterprise computers have been infected with a cryptojacking malware that installs a Monero mining app. The Blue Mockingbird malware gang has infected more than 1000 business systems with Monero mining malware since December 2019. The global scale of the hacker group’s operations was revealed by cloud security firm Red Canary on May 26. […]
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Tencent Holdings aims to bolster blockchain technology development across China as part of a $70 billion investment in fintech. Chinese tech giant Tencent Holdings will allocate nearly $70 billion (500B yuan) over the next five years in fintech development, including blockchain, cloud computing, and artificial intelligence (AI). Reuters reported on May 26 that the company, […]
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The average Bitcoin fee has fallen by nearly 54% over the last five days, but some believe network congestion could push users to altcoins. After spiking a week ago to levels last seen in February 2018, the average Bitcoin (BTC) transaction fee has fallen by more than half. BitInfoCharts data shows that Bitcoin’s average fee […]
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A new crypto bull run could be on its way as a result of government economic measures and mainstream interest. After two years of uncertainty since 2017’s mega bull run, the signs are looking promising for a big crypto rally, says the co-founder of market analytics company Digital Assets Data. “I believe a major crypto […]
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Time will tell if the network will cement its dominance. Polkadot (DOT) launched a stand-alone blockchain today, although the network is not considered the project’s mainnet yet. Polkadot sits under the wing of blockchain infrastructure company Parity Technologies, and the Web3 Foundation, a type of incubator for decentralized tech. The Polkadot protocol aims to provide […]
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New documentary reflects on the competing narratives shaping the crypto industry. In his new documentary “Cryptopia: Bitcoin, Blockchains and the Future of the Internet” award-winning filmmaker Torsten Hoffmann gives his perspective on how the crypto industry has evolved in the last five year. His first documentary about crypto “Bitcoin: the End of Money as We […]
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The Winklevoss twins believe crypto regulation and customer freedom can meet in the middle. Known for their regulation-friendly outlook within the crypto industry, Gemini exchange founders Tyler and Cameron Winklevoss hold a hybrid approach to privacy and government rules. The twin brothers explained in a May 22 podcast interview with Peter McCormack that crypto adoption […]
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It’s designed to capture attention from high-profile people that others want to hear from. A new kind of cryptocurrency tipbot allows users to pay others to answer their questions on social media, providing a new tool to pool data in the ecosystem. Liser Lee of CCTip told Cointelegraph that the system can help drive engagement […]
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Inside the Ethereum co-founder’s mental model of Satoshi. In a recent Cointelgraph interview, Ethereum co-founder and Cardano founder Charles Hoskinon said that he believes that Adam Back “checks all the boxes” as a Satoshi Nakamoto candidate. The puzzle of Satoshi’s true identity never seems to get old. Although Hoskinson admits that he does not have […]
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Decentralized identity solutions might be blockchain’s killer app. LG has partnered with United States-based company Evernym to develop blockchain ID technology. Asian financial news outlet Aju Business Daily reported on May 26 that LG CNS — LG’s IT services subsidiary — signed a memorandum of understanding with Evernym. The collaboration between the two firms aims […]
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