Proofpoint research shows that phishing-based ransomware attacks are on the rise amid the COVID-19 pandemic. A study published by cybersecurity firm, Proofpoint, shows an increase in email-based phishing attacks used to deliver ransomware over the last few months. According to the report, first-stage deployments of ransomware are reportedly on the rise and have mostly been […]
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Bitcoin’s price dropped below the ascending triangle trendline, suggesting further bearish price action for BTC and altcoins. The total crypto market capitalization has been stuck roughly between $240 billion and $280 billion for about two months. This range-bound action suggests that cryptocurrencies are waiting for a trigger to propel the market cap higher. As the […]
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Compound’s COMP token has been wildly successful in the initial period since launching. What’s behind it, and is it sustainable? When Compound launched its governance token, COMP, on June 16, few in the crypto space could have predicted how rapidly it would rise to the top. As Cointelegraph reported at the time, it only took […]
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The Spanish authorities arrested several individuals related to ongoing investigations against crypto-driven child porn sites in the dark web. The Spanish Civil Guard has taken down a dark web child porn ring that used cryptocurrency transactions to pay for content. Multiple individuals across the country were ultimately arrested. According to the Spanish Civil Guard, the […]
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COMP spot trading against USDT started at 6 AM UTC today. Cryptocurrency exchange OKEx have just listed Compound’s COMP token for trade. COMP is the native token of Compound — a DeFi protocol that allows its users to earn interest on deposits or lend cryptocurrencies. Lending and borrowing on Compound are managed through a decentralized […]
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61% of the Bitcoin supply has stayed in the same place for a year or more — the only time that happened was before its all-time highs. Bitcoin (BTC) hodlers are preparing for a bull run just like the one that led to $20,000 all-time highs in 2017, one metric suggests. According to on-chain monitoring […]
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U.S. agencies sought millions of dollars in new funding to bolster national and international cryptocurrency investigations. The COVID-19 pandemic has crushed businesses, crippling life all across the world. It is costing darknet drug traffickers millions as well because their methods of moving drugs and funds have been compromised during the lockdown, according to a blog […]
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Speed, reliability and availability are the cornerstones of modern finance, and DeFi has the potential to enhance and even supplant traditional finance. When blockchain technology began to expand beyond Bitcoin (BTC) and into more general-purpose applications, many within the industry saw an opportunity to remake key financial infrastructure using this technology. They soon came to […]
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A spat between the Balancer and STA team following the $500,000 hack suggests that the DeFi protocol was aware of the weakness. The Balancer automated market maker protocol has been hacked for over $500,000 in a single Ether (ETH) transaction, facilitated once again by a dYdX flash loan. As analyzed by the 1inch.exchange team a […]
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Researchers behind the June 2020 report from the Crypto Research Report used Bitcoin’s target addressable market to predict a rise to $397K. A new report from a crypto research group suggests that the price of Bitcoin could approach $400,000 in the next ten years, with altcoins following its bullish example. According to the June 2020 […]
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