Emerging technologies such as blockchain are reshaping the landscape of the traditional financial system in Europe. By spring 2020, it became inescapable that we now live in a world with an unraveling future. The once-imminent shift, now fueled by the coronavirus outbreak, has accelerated the pace of technological adoption, and the financial field was among […]
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98% of liquidations on BitMEX yesterday were long positions, indicating over-exuberant pre-halving bullishness at $10,000. Yesterday’s sudden crash saw the price of Bitcoin (BTC) fall 14% from roughly $9,450 to $8,101 in less than 15 minutes. This appears to have shaken out over-exuberant margin traders who longed near $10,000 on heavy margin. According to market […]
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An international campaign calling on credit card companies to block payments to porn sites could lead to a huge wave of new cryptocurrency adopters. According to a BBC report on May 8, a group of international campaigners and campaign groups has written to ten major credit card companies calling for the immediate suspension of payments […]
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A group of ransomware hackers has reportedly stolen sensitive information from a major Costa Rican state-owned bank, Banco BCR. A group of hackers dubbed Maze claims to have compromised the infrastructure of Banco BCR, a Costa Rican state-owned bank, and is now threatening to leak millions of credit card numbers. On April 30, Maze claimed […]
Continue ReadingDevelopers at blogging platform Ghost have spent the past 24 hours fighting a crypto mining malware attack. Developers at blogging platform Ghost have spent the past 24 hours fighting a crypto mining malware attack. Announced in a status update on May 3, the devs revealed that the attack occurred around 1:30 a.m. UTC. Within four […]
Continue ReadingIn the closing keynote for Virtual Blockchain Week, acclaimed author Don Tapscott argued DLT is the foundational technology of “the second digital era.” To close out Virtual Blockchain Week, best-selling technology author and co-founder of the Blockchain Research Institute (BRI), Don Tapscott, delivered a presentation articulating what he describes as the shift from the internet […]
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Traditional finances could be dramatically changed in the near future, and central bank-issued digital currency is the first step. Once a niche enthusiasm with the launch of Bitcoin (BTC), digital money powered by blockchain technology has matured rapidly in just a few short years. The market is now highly diverse. For example, audited stablecoins, along […]
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Hackers have infected the infrastructure of Parkview Medical Center with ransomware that demands cryptocurrency in exchange for an encryption key. Hackers have infected the infrastructure of Parkview Medical Center — the largest health center in Pueblo County, Colorado — with cryptocurrency ransomware. Citing a hospital employee, Fox News reported on April 24 that Meditech — […]
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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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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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