Filecoin storage tops 1 billion GB as tokenized FIL launches for use in DeFi

Anchorage and Tokensoft have launched wFIL, a wrapping protocol allowing Filecoin to be used on Ethereum. Cryptocurrency infrastructure providers Anchorage and Tokensoft are teaming up to wrap FIL, the native token of decentralized file storage network FIlecoin, for use on Ethereum. The firms announced wFIL on Nov. 23, promoting its use in decentralized finance applications […]

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Binance sued for allegedly facilitating money laundering with ‘lax KYC’

Binance’s lax KYC requirements are creating more legal problems for the exchange. Binance’s famously light Know Your Customer requirements are being targeted by the current owners of Zaif, a Japanese cryptocurrency exchange that got hacked in 2018. Plaintiffs are claiming that its weak KYC requirements and high daily withdrawal limit facilitated the laundering of $60 […]

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Mapping on the Blockchain, Explained

Current location based services have their limitations, but these new projects are leveraging blockchain technology to redefine how we navigate the world. What does the future hold? While these projects are ambitious, there is still a lot to do. It’s too early to say which if any of these projects will be the next adopted […]

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Monero Cryptojacking Malware Targets Higher Education

Guardicore Labs explains that FritzFrog uses a brute-force attack on millions of addresses to gain access to servers. According to a study published by Guardicore Labs, a malware botnet known as FritzFrog has been deployed to ten millions of IP addresses. The malware has largely targeted governmental offices, educational institutions, medical centers, banks, and telecommunication […]

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Researchers Detect Crypto-Mining Worm to Steal AWS Credentials

Cybersecurity researchers now expect future cryptojackers to mimic this worm’s ability to hack Amazon Web Services credentials. Cybersecurity researchers have detected what they believe to be the first ever stealth crypto mining campaign to steal Amazon Web Services (AWS) credentials. The mining campaign was described as being relatively unsophisticated by Cado Security in their report […]

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China’s National Blockchain Network Launches International Website

China’s first government-backed blockchain initiative has just launched an official international website. China’s blockchain-based Service Network (BSN), the country’s nationwide blockchain project, has just launched an official international website. Appearing on Aug. 10, the new english-language BSN website aims to help bring global developers to the project. Integration with six permissionless blockchains He Yifan, CEO […]

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