The U.S. House Financial Services Committee invites Facebook COO Sheryl Sandberg to testify on the condition that CEO Mark Zuckerberg follows suit by January. The United States House Financial Services Committee has reportedly invited Facebook COO Sheryl Sandberg to testify on Oct. 29 about the company’s plans for its Libra stablecoin. According to a report […]
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In a recent interview, Tim Cook stated he believes money should remain a matter for governments, not businesses. Apple has no intention to follow Facebook in creating its own digital currency, the company’s CEO Tim Cook has said. Cook “not comfortable” about firms creating money Speaking in an interview with French media magazine Les Echos […]
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Digital asset financial services firm BitGo launches a new staking service for the clients who store their assets with its qualified custodian subsidiary BitGo Trust. Digital asset financial services firm BitGo has launched a new staking service for the clients who store their assets with its qualified custodian subsidiary BitGo Trust. A press release published […]
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The MasterMana botnet is proving that even budget hackers can achieve considerable success via phishing email scams. Around 72,000 devices in 2019 alone were infected during a suspiciously cheap yet successful malware campaign to steal cryptocurrency, new data warns. MasterMana continues to spread According to the research report published by cyberintelligence company Prevailion on Oct. […]
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The latest rumors of Facebook’s digital currency losing members come after PayPal failed to attend a key meeting. Payment processor PayPal has sparked fresh concerns that it has cold feet about joining Facebook’s Libra digital currency. Libra “Pre-work” is not enough for PayPal As news agency Financial Times reported on Oct. 3, PayPal did not […]
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Indian police have sought a court directive to move $1.2 million seized from a BTC ponzi scheme last year that has been frozen due to the country’s anti-crypto laws. The police of Pune, a city in the western Indian state of Maharashtra, have sought a court’s directive to transfer 85 million Rupees seized from a […]
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Boston-based provider of high-performance blockchain solutions Oneiro secures a $5 million investment from Cosimo Ventures in a Series A funding round. Oneiro, a blockchain solution company, secured a $5 million investment from Cosimo Ventures. Total investment of $8 million In an Oct. 3 press release, Boston-based provider of high-performance blockchain solutions Oneiro announced that it […]
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Verisart, a company that certifies art authenticity through blockchain, raises $2.5 million to further expand its commercial platform. Verisart, a company that certifies art authenticity through blockchain technology, has raised $2.5 million to further expand its commercial art platform. Verify and track provenance of art In an Oct. 3 article by Techcrunch, it was announced […]
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Major Slovakia-based antivirus software provider ESET has discovered a Latin American banking trojan that can steal crypto. Major Slovakia-based antivirus software provider ESET has discovered a banking trojan that can steal cryptocurrencies and is especially widespread in Latin America. Primary targets Known as “Casbaneiro” or “Metamorfo,” the newly found malware family targets banks and cryptocurrency […]
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Hackerone user reveals critical bug in MakerDAO’s planned Multi-Collateral Dai upgrade that could have resulted in a complete loss of funds for all Dai users. MakerDAO, the decentralized organization that runs on Ethereum, has fixed a critical bug that could have resulted in a complete loss of funds for all Dai users. $50,000 bounty On […]
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