Month: June 2020

Spanish Multinational Launches Free Tool to Decrypt Files Affected by VCryptor Ransomware

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Telefonica announced a new tool created by its cybersecurity division to decrypt affected files by VCryptor. On June 3, Spain-based telecommunications conglomerate, Telefónica, released a free tool to recover data encrypted by the VCryptor ransomware. The tool, VCrypt Decryptor, was created as part of an international initiative titled “No More Ransomware”. This alliance was established […]

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Pomp Explains Why Mainstream Markets Are Up Amid Chaos

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Amid protests, rioting and general uncertainty, mainstream markets have posted positive numbers, seemingly contrasting the state of the U.S. Even in light of recent riots, protests, and uncertainties, mainstream U.S. financial markets show upward prices due to overarching forces, according to Morgan Creek Digital co-founder, Anthony Pompliano.  “Yes there are protests, there are all these […]

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Peer-to-Peer Internet Has Lofty Goal to Bring True Decentralization

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A new internet that leverages peer-to-peer capabilities wants to create total decentralization, but can this model deliver on a product? Decentralization is one of the most important benefits promised by blockchain, as the technology aims to distribute and disperse power away from central authorities. Bitcoin, for example, was designed as a decentralized alternative to government-backed […]

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US Firm Announces Installation of 700 Mining ASICs With More on the Way

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United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin mining ASIC units. United States firm, Marathon Patent Group, announced that it installed 700 units of Bitcoin (BTC) mining application-specific integrated circuit, or ASIC, units. According to a June 3 announcement, Marathon Patent Group installed 700 Whatsminer M30S+ ASICs produced by […]

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Decentralized Identity Could Replace All Login Functions, Says LG

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A representative of LG’s information technology subsidiary LG CNS told Cointelegraph that blockchain-based identity systems could replace all login functions. A representative of LG’s information technology subsidiary, LG CNS, told Cointelegraph that blockchain-based identity systems could become the new standard for login functions. When asked about why the firm is pursuing the development of blockchain-based […]

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