Bitcoin wallet Electrum faces another hack that involves fake software versions stealing users’ money. Bitcoin (BTC) wallet service Electrum is facing an ongoing Denial-of-Service (DoS) attack on its servers, the company reported on Twitter on April 7. According to tech news website The Next Web, the new attack has caused users to lose estimatedly millions […]
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Crypto startup Sparkswap completed a $3.5 million seed round to launch a fast and secure decentralized exchange. The United States-based startup Sparkswap has completed a successful seed funding round to create a decentralized exchange based on the Bitcoin (BTC) Lightning Network. A blog post revealed the development on Monday, April 8. According to Sparkswap’s founder […]
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The World Economic Forum released a report about blockchain cybersecurity. The World Economic Forum (WEF) released a report about blockchain cybersecurity on April 5. The report points out that most data breaches do not result from the level of skill of the hackers, but instead happen because appropriate security measures often are not implemented. The […]
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Private bank Kleinwort Hambros has launched an exchange-traded note made up of blockchain companies. Private bank Kleinwort Hambros launched an exchange-traded note (ETN) made up of blockchain-related companies, financial news outlet Finextra reported on April 8. Kleinwort Hambros is owned by Societe Generale, acting as their private wealth management division in the United Kingdom. Societe […]
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The Tron Foundation released the roadmap for its second layer scalability solution, which is expected to increase the capacity of the whole chain. Blockchain-based decentralized application (DApp) platform Tron has revealed the expansion plan of its second layer scalability solution, the Sun Network. According to a release published Monday, April 8, the network’s testnet will […]
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Global consulting company Accenture wins two patents aimed to increase blockchain interoperability. Global consulting company Accenture has patented two solutions focused on blockchain interoperability, according to the data published by the United States Patent and Trademark Office (USPTO) on April 2. The first patent, filed August 2018, patents a method for cryptologic blockchain interoperability. As […]
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After briefly breaking $5,300, Bitcoin retreated to below $5,200, while most of the top 20 cryptos slipped today. Monday, April 8 — Bitcoin (BTC) and Ethereum (ETH) have continued gaining momentum, while most of the top 20 coins by market cap have plunged in the red today. Ontology (ONT) and Bitcoin Cash (BCH) are seeing […]
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Over-the-counter traders in China are paying more for stablecoins than their USD counterparts as demand peaks for BTC. Bitcoin’s (BTC) price surge last week has led Chinese traders not only return to trading but pay a premium for doing so, social media-based news account cnLedger reported on April 7. Reproducing price spreads from cryptocurrency exchanges […]
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IBM is adding to its arsenal of blockchain patents with a new implementation to manage data and interactions for self-driving vehicles. Multinational computing giant IBM is adding to its arsenal of blockchain patents with a new implementation to manage data and interactions for self-driving vehicles (SDVs). The patent was published by the United States Patent […]
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Paxful Inc. has been accused of defrauding Nigerian investors out of millions of dollars worth of crypto through arbitrary account closures. Estonia-based crypto firm Paxful Inc. has been accused of defrauding thousands of Nigerian investors out of millions of dollars worth of cryptocurrencies through allegedly arbitrary account closures. The news was reported by local media […]
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