The recent Twitter hack shows us that centralized infrastructure is still vulnerable, but DIDs, SSI and blockchains can change the paradigm. Murphy’s law states: “Anything that can go wrong will go wrong.” It always happens with centralized services. A year ago, we saw how half a million Facebook accounts were leaked online, exposing personal data. […]
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Cloudflare suffered an outage on July 17, affecting much of the internet, including Bitcoin transactions. Cloudflare, a major company responsible for running an array of functions for websites across the internet, suffered downtime on July 17, affecting a large number of websites’ functionality. The downtime ultimately caused a drop in Bitcoin (BTC) transactions. “The Cloudflare […]
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The price of Bitcoin is holding a key support level above $9,000 and gearing up for a big move that is likely to occur next week. The price of Bitcoin (BTC) has been continuing the previous week’s weakness as the support of $9,000 has been tested many times. However, the market itself is not acting […]
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The recent high-profile hack of Twitter accounts where 12 BTC was stolen is being investigated, and some exchanges may already know who did it. July 15 will go down as an infamous day for Twitter, as an unknown attacker managed to take control of a number of accounts on the social media platform before duping […]
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Cointelegraph cracks down on impersonators claiming to be staff as part of an ongoing investigation with Coinfirm. Over the last several months, a number of people claiming to be Cointelegraph staff have paraded around LinkedIn and Telegram, as well as through email. These efforts often attempt to lure unsuspecting victims into sending payments in exchange […]
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Tesla CEO Elon Musk trolled the crypto community once again with a tweet about Dogecoin as DOGE price reacts upward. Elon Musk, the CEO of Tesla and SpaceX, posted a sarcastic tweet about the meme cryptocurrency Dogecoin (DOGE). It is not the first time Musk has trolled the crypto and Bitcoin (BTC) communities with humorous […]
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Northern Data’s head of finance calls whistleblowers “anonymous trolls” and says that the company is completely transparent. European Bitcoin (BTC) mining firm Northern Data has seen its stock fall 40% in days amid claims that it committed fraud. Data from Bloomberg showed the company’s NB2 stock trading at under €47 ($53.70) at the end of […]
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Crypto analysts have recently suggested that Bitcoin options traders are flipping short-term bearish but data shows this is not the case. Bitcoin’s (BTC) consistent failure to break the $9,400 level over the past three weeks has led to some analysts becoming skeptical about the chance of a positive breakout. Although the $9,000 support has been […]
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For several months, Grayscale was buying more Bitcoin than was being mined, but this trend came to a screeching a few weeks ago. Given the rate at which Grayscale usually buys Bitcoin, it seems like the cryptocurrency fund management company was trying to buy every single Bitcoin in existence. But this pattern ground to a […]
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In this week’s newsletter, we look at a series of developments that test the limits of governmental authority over crypto, as well as the contest with social media. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note New developments in crypto this week […]
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