New details reveal the unusual strategies employed by ransomware negotiators in a recent attack on the University of California. Details of a week-long negotiation between the University of California and a NetWalker ransomware gang have been revealed by Bloomberg. The University’s School of Medicine was working on a vaccine for Covid-19 in June this year […]
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Players of the crypto-powered F1 Delta Time game can now stake their NFTs to generate rewards in the form’s Animoca Brands’ REVV token. Blockchain gaming company Animoca Brands has launched staking for the non-fungible token collectibles (NFTs) featured in its F1 Delta Time title. Stakers will be able to earn a weekly dividend on their […]
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A Bitcoin Cash upgrade that would mandate all newly minted blocks donate 8% to development is threatening to drive a hard fork in November. Bitcoin ABC, the dominant implementation of Bitcoin Cash (BCH), has published a controversial new upgrade that BCH supporters must deploy prior to November 15 to facilitate changes to the crypto asset’s […]
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South Korean tourist island tries to stay open and safe with blockchain technology. Jeju Island, a southern island in South Korea, is one of the most popular tourist destinations for Koreans and has about 15 million visitors annually. It now requires those visitors to use a decentralized identity (DID) blockchain technology based app that claims […]
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‘You don’t have to win to become president,’ crypto venture capitalist Brock Pierce said in an exclusive interview with Cointelegraph. Crypto venture capitalist and independent candidate for President Brock Pierce says he doesn’t think he’ll win the 2020 election — but has revealed how he plans to end up in the White House anyway. The […]
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The Middle Eastern restaurant, with three locations across Ontario, announced it would be switching its cash reserves to crypto. A Canada-based Middle Eastern restaurant chain just converted their entire fiat cash reserves into Bitcoin. According to an Aug. 19 tweet from Tahini’s — ‘the best Middle Eastern restaurant in the world’ — the decision to […]
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IOTA’s network upgrade Chrysalis is now live, bringing an exponential increase in speed. The IOTA project has successfully completed its Chrysalis upgrade, enabling the network to handle up to 1000 transactions per second. This is around 50x faster than previously when the network topped out around 20 TPS. According to an Aug. 19 blog post […]
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Jack Daniels says it successfully fended off the attack, but the REvil ransomware gang has put stolen data up for auction on the darknet. Ransomware gang REvil, known also as Sodinokibi, claims to have mounted a successful attack against the U.S. wine and spirits giant, Brown-Forman Corp — but the company claims otherwise. The company […]
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Bitcoin and the altcoins continue to correct but lower levels are likely to attract buyers as the bullish macro trend has not changed. Bloomberg Intelligence senior strategist Mike McGlone is bullish on Bitcoin (BTC) as he believes that “something unexpected needs to happen for Bitcoin’s price to stop doing what it’s been doing for most […]
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Some might say he’s given up the $Ghost. Technology pioneer and cryptocurrency advocate John McAfee has just announced his departure from his own privacy asset project, Ghost. “I am abandoning the the Ghost project,” he said in an Aug. 19 tweet. “Management is incapable of making a success of the project,” he explained, adding, “It […]
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