Chinese state hackers attack cryptocurrency and video game enterprises, cybersecurity company FireEye claims. Chinese state hackers are performing attacks against cryptocurrency and video game enterprises, cybersecurity company FireEye claims in a report published on Aug. 2. Chinese government facilitating hacking operations Per the report, Chinese state espionage cyber unit APT41 “targets industries in a manner […]
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The correlation between digital and physical gold has almost doubled in the past three months, fresh data from Bloomberg reveals. The correlation between digital and physical gold has almost doubled in the past three months, fresh data from Bloomberg revealed on August 7. The statistics reveal that while the correlation between Bitcoin (BTC) and gold […]
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A blockchain letter of credit transaction in the oil industry has been sent by Standard Chartered with Thai state-owned oil giant PTT Group. London-based bank and financial services firm Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group. On-chain letter of […]
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The Financial Intelligence Unit of South Korea’s Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation. The Financial Intelligence Unit (FIU) of South Korea’s Financial Services Commission has revealed plans to bring cryptocurrency exchanges under its direct regulation. On August 7, Business Korea reported on the FIU’s decision to shift […]
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Amazon posted a job offering showing that it looks to hire a software development engineer to develop an advertisement blockchain. Amazon is looking to hire a software development engineer to develop an advertisement blockchain. Amazon works on an advertising blockchain Amazon posted a job offer on LinkedIn for a software development engineer for its Colorado […]
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The European Central Bank says the “central banking community” will refine its monitoring of cryptocurrency transactions, both on- and off-chain. The European Central Bank (ECB) says the “central banking community” will refine its monitoring of cryptocurrency transactions, both on- and off-chain. In an Aug. 7 report entitled “Understanding the crypto-asset phenomenon, its risks and measurement […]
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Return to $11,500 range was expected and gives an opportunity to buy up more coins, says one trader. Bitcoin (BTC) price was hovering closer to $11,500 on Aug. 7 as analysts brushed off concerns of a fresh downward move. Market visualization. Source: Coin360 Bitcoin price experiences another healthy correction Data from Coin360 showed BTC/USD trading […]
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Negligence over the botched 2017 launch presents a way forward, Vince Chhabria says, but fraud allegations are lacking. Cryptocurrency exchange Coinbase did not act fraudulently during its botched launch of Bitcoin Cash (BCH), a United States judge has ruled. Coinbase accused of insider trading BCH listing In a court order issued on Aug. 6, U.S. […]
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Chinese police are reportedly taking legal action against decentralized cryptocurrency exchange EtherDelta in connection with an apparent exit scam. Chinese police are reportedly taking legal action against non-custodial token trading platform EtherDelta in connection with an apparent exit scam. The news was reported on Aug. 7 in a series of tweets published by Dovey Wan, […]
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An alleged hack of personal information from exchange users should not be taken seriously, says Changpeng Zhao. The CEO of cryptocurrency exchange Binance has refuted claims hackers gained access to confidential user information such as personal ID. CZ: “Don’t fall into the ‘KYC leak’ FUD” In a tweet Aug. 7, Changpeng Zhao described rumors circulating […]
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