Check out this week’s Bad Crypto News. Bitcoin is still floating comfortably around $7,000 after a week in which it’s risen more than ten percent. Over at Bitcoin.com, the news is not so good. Candor, a site that lists jobs lost to the coronavirus, has reported that Roger Ver is planning to lay off half […]
Continue ReadingAs the pandemic challenges the global economy and forces people to abandon cash, a CBDC might be the right tool to fix the financial system. The COVID-19 pandemic is pushing the global economy toward a major recession, but there may be a silver lining in all this for the crypto industry: The accelerated adoption of […]
Continue ReadingThe Lightning-compatible Fold app has joined Visa’s Fintech Fast Track Program to roll out a co-branded Bitcoin cashback rewards card. The Fold app — a Lightning-compatible mobile app that offers users Bitcoin rewards (BTC) while shopping — has joined Visa’s Fintech Fast Track Program. Joining the program will enable the app to launch a new […]
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While crypto spending has fallen in some areas, Coingate reported an increase in the number of adult entertainment transactions. While many crypto holders around the world are practicing self-quarantine and other measures to limit social contact, some are turning to the adult industry for comfort. Speaking to Cointelegraph, cryptocurrency payment processor CoinGate reported an increase […]
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Cointelegraph spoke to Guardicore’s Ophir Harpaz regarding the recently identified crypto mining botnet Vollgar. Cybersecurity firm, Guardicore Labs, revealed the identification of a malicious crypto-mining botnet that has been operating for nearly two years on April 1. The threat actor, dubbed ‘Vollgar’ based on its mining of the little-known altcoin, Vollar (VSD), targets Windows machines […]
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Amid growing concerns regarding the transmission of COVID-19, the Bank of International Settlements is pushing for digital currencies. The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic. The bulletin published by the BIS, a 600-member international financial institution representing […]
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Blockchain is an amazing technology, but there are pros and cons to its mass adoption. Let’s have a look at both perspectives. Yes, that’s the question we are asking today. Is blockchain technology necessary? The answer is tricky. To arrive at the conclusion takes an unbiased perspective. Bankers and people in the stock market will […]
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Cybercrimes are on the rise amid the global coronavirus pandemic, and scammers are using crypto to facilitate some of their attacks. As the world continues to battle with the deadly coronavirus pandemic, immoral cybercriminals are once again on the prowl. This time, they are using the chaos and fear through phishing techniques and sophisticated malware […]
Continue ReadingHaving trouble finding the right crypto wallet? Here’s Cointelegraph’s list of software wallets and how they differ. Similar to a bank account for fiat currency, a crypto wallet is a personal interface for a cryptocurrency network that provides reliable storage and enables transactions. Whether a cryptocurrency is securely stored or not, much depends on the […]
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The U.S. CFTC joins the list of global authorities warning the public against crypto scammers trying to capitalize on the widespread coronavirus fears. United States derivatives markets regulator, the Commodity Futures Trading Commission (CFTC), has joined the list of global authorities warning the public against cryptocurrency scammers trying to capitalize on the widespread coronavirus fears. […]
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