Hackers are continuing to find exposed mining rigs and wallets, which make easy targets for stealing ETH funds. A fresh wave of hacks targeting Ethereum (ETH) holdings continues, despite the altcoin’s price trailing at 18-month lows, tech magazine ZDNet reported Dec. 10. Citing research by cybercrime monitoring company Bad Packets LLC, the publication revealed that […]
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Venezuela has reportedly automatically converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro. Venezuela has automatically converted pensioners’ most recent monthly bonus into its national oil-backed cryptocurrency, the Petro (PTR), according to a report from English-language politics blog Caracas Chronicles Dec. 12. First launched as a pre-sale in February, the controversial […]
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A new report says France should offer perks to private Bitcoin mining farms and boost blockchain spending. French political deputies want to spend €500 million (about $569 million) on state-level blockchain deployments over the next three years, local daily news outlet Les Echos reported Dec. 12. Citing a report published Wednesday, the publication said both […]
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Major algorithmic stablecoin Basis, which raised $133 million in April, is shutting down and returning funds, say anonymous sources. Major United States-based stablecoin project Basis will shut down operations and return most of its funds to investors, crypto news outlet The Block reports today, Dec. 12. Citing “multiple people with direct knowledge of the situation,” […]
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Open source initiative Hyperledger has announced 12 new members including Alibaba Cloud, Citi and Deutsche Telekom, among others. Hyperledger has onboarded 12 new members, including such major firms as Alibaba Cloud, Citi, and Deutsche Telekom, according to an announcement published on Dec. 11. Launched in 2016, Hyperledger is an open source project created by the […]
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A blog post from the University of Oxford Faculty of Law highlights the potential impact of a recent Canadian court ruling on lost or stolen crypto claims. A Dec. 12 Business Law Blog post from the University of Oxford Faculty of Law notes possible repercussions for lost and stolen crypto claims following a case in […]
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A U.S. federal court has ordered the founders of crypto startup AriseBank to pay $2.7 million in fines for allegedly defrauding hundreds of investors. A United States federal court has ordered two executives from crypto firm AriseBank to pay nearly $2.7 million in fines, according to a U.S. Securities Exchange Commission (SEC) announcement Dec. […]
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The Go Ethereum software client has published a code upgrade that includes a list of new features, including an activation time for the Constantinople hard fork. The Ethereum (ETH) Constantinople upgrade appears to be proceeding as planned, as a widely used Ethereum software client has published new code that includes a Constantinople activation time […]
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Crypto markets have overcome yesterday’s downturn, as the top 20 coins are seeing green across the board. Wednesday, Dec. 12: Cryptocurrency markets have seen moderate gains on the day, with all top 20 coins by market capitalization in the green, according to Cointelegraph’s Coin360. Market visualization from Coin360 Bitcoin (BTC) began the day around $3,414, […]
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The recent slump in markets has provided traders with a good buying opportunity, but a recovery may not come in the form of a dramatic vertical rally. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, […]
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