Norwegian Police suspect millionaire Tom Hagen murdered his missing wife, which calls into question ‘$10M in Monero’ ransom note. When Norwegian millionaire Tom Hagen reported that his wife had been kidnapped in October 2018, included was a ransom note demanding $10 million worth of the cryptocurrency Monero. Now, after Hagen’s arrest by local authorities on […]
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Annual report from Bitcoin SV’s The Bitcoin Association, claims BSV now rivals VISA for transactions per second, and offers BSV miners “better returns” than BTC. The Bitcoin Association, which promotes Bitcoin SV, says the BSV network now rivals credit card processor VISA in terms of transactions per second. It also claims BSV transaction processors (miners) […]
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Major Bitcoin whales have not sold any BTC for up to 5 years, suggesting they are optimistic about the asset’s long-term prospects. A large Bitcoin (BTC) whale holding 68,000 BTC ($523 million), has not moved the funds for more than five years and on-chain data shows other whales have similarly held onto their BTC for […]
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CipherTrace seeks to fill the “blind spot” in crypto compliance with the launch of Armada. April 28, CipherTrace launches Armada, a product designed to eliminate risky cryptocurrency blind spots for banks and financial institutions. Unlike other products by CipherTrace and many similar products by its competitors, Armada focuses on the off-chain data instead of on-chain […]
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Algorand developed a new cryptographic primitive replacing the common Merkle roots that vastly improves performance for certain types of blockchains, including Ethereum. The Algorand (ALGO) project has developed a new cryptographic primitive called Pointproofs. The team believes they are a significant improvement to the Merkle proofs used in many blockchain systems. Cointelegraph spoke with Sergey […]
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Research from a cybersecurity firm unveiled a type of ransomware that impersonates the FBI. A report from cybersecurity firm Check Point unveiled a new ransomware attack, where cybercriminals pose as the FBI to demand victims pay their “fine” by credit card. According to the April 28 report, the malware — known as “Black Rose Lucy” […]
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Losses in traditional finance during the COVID-19 pandemic could underline the benefits of cryptocurrencies to the world. In 2007, Nassim Nicholas Taleb, a former Wall Street trader turned professor, described the idea of a “black swan” event. Black swans are defined as being rare, of major consequence and impossible to predict, though he tempered their […]
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Cryptocurrency mining operations could move to alternative energy solutions to maintain and boost profitability in the next five years. Over the last decade, cryptocurrency mining has been given a bad rap for the sheer amount of electricity required to power the industry. Back in 2017, it was pointed out that the collective power consumption of […]
Continue ReadingMatrixport’s platform now allows users to buy crypto currencies directly through Visa and Mastercard. Bitmain-affiliated financial service platform Matrixport has teamed up with Simplex, an EU-licensed payments processing firm, to allow users to purchase select cryptocurrencies using their credit and debit cards. Matrixport users can buy seven cryptocurrencies with most popular fiat currencies As part […]
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Decentralized file- and web-hosting protocol InterPlanetary File System announced its largest upgrade so far. Decentralized file- and web-hosting protocol InterPlanetary File System (IPFS) announced its largest upgrade so far. According to an announcement shared with Cointelegraph, the developers will release IPFS version 0.5. on April 28. IPFS 0.5 reportedly makes uploading new data 25 times […]
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