Crypto crime joins the gig economy. Avaddon, a new ransomware-as-a-service, or RaaS, protocol, is the latest to jump on the crypto extortion bandwagon. Similar to ransomware from groups like Maze and REvil, the Avaddon project offers revenue-sharing for users who successfully deploy the software on unsuspecting victims. According to research by the cyber intelligence firm, […]
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Veteran crypto traders Scott Melker and Michaël van de Poppe will be discussing Bitcoin’s different types of correlation with traditional assets and how to best profit from them. Bitcoin’s correlation with traditional assets has grown in the last few months, mainly due to the ongoing, unprecedented macro-economic situation. How strong are these correlations and how […]
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Grayscale’s exponential growth demonstrates institutional demand for Bitcoin and other digital assets. Grayscale Investments, the largest digital asset management firm in the world, has been showing exponential increases in investment to its cryptocurrency products. The total sum of assets under management grew by $1 billion in less than two weeks in July, as a Twitter […]
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Justice Department announces the largest ever seizure of terrorist-bound crypto assets today in Washington, DC. Per an Aug. 13 announcement from the United States Department of Justice, the authorities have seized millions of dollars worth of cryptocurrency from over 300 accounts. The announcement does not specify the specific amount, but does identify the operation as […]
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Is Ethereum’s architecture to blame for the growth of decentralized finance hacks, and will the network upgrade make the sector more secure? The decentralized finance sector continues to gain unprecedented popularity as the total value of assets locked in DeFi products doubled to over $4 billion in July and is now approaching the $5 billion […]
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According to the Norwegian Hodlnaut, it seems that Wright is ignoring his legal obligations following a failed legal battle. Craig Wright, a self-proclaimed creator of Bitcoin (BTC), is reportedly ignoring a court ruling that requires him to pay legal fees for a libel suit against Twitter crypto persona Hodlonaut. According to Hodlonaut, a court in […]
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Ethereum’s oldest user-friendly wallet is staking territory in DeFi. MyEtherWallet is expanding its integrations with decentralized finance through its dedicated wallet communication tool, MEWconnect. On Thursday, the project announced an integration with Aave and Ren, which marks the first time that third parties are using the MEWconnect technology. MEWconnect is a wallet linking system developed […]
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“I loved crypto. I loved the libertarian ideas. At that time, everyone was talking about freedom, about privacy, about the necessity of changing finance, about giving back financial freedom to people. I really believed in that and I still believe in such ideas.” Robert Wiecko is getting back into playing electric guitar. Armed with his […]
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DAGs present an encouraging approach, aimed to improve the existing speed, scalability and cost issues of blockchain technology. The more time you spend in the blockchain and cryptocurrency industry, the more you encounter some fairly arcane technologies and their accompanying terminologies. Blockchain technology, which started out as a simple immutable record composed of blocks of […]
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Irish crypto firms will face stricter obligations after the country belatedly adopts the latest EU anti-money-laundering rules. Cryptocurrency firms in Ireland will soon be regulated in line with the latest European legal framework for the prevention of money laundering and terrorism financing. On Aug. 10, the Cabinet of Ireland approved a bill to transpose the […]
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