SophosLabs published a study that revealed hackers use the blockchain network to share secret messages. A group of researchers from SophosLabs state that hackers operating the cryptojacking malware, Glupteba, have been using the Bitcoin blockchain network to communicate in secret. According to the report published on June 24, cybercriminals rely on a command and control […]
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Coinbase has listed Compound’s COMP asset. Coinbase announced support for COMP, the token of decentralized finance, or DeFi, project, Compound. “Coinbase customers can now buy, sell, convert, send, receive, or store COMP. COMP will be available for customers in all Coinbase-supported regions, with the exception of New York state,” the exchange said in a June […]
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Clinton-era Treasury Secretary Summers doesn’t buy some of the crypto community’s anarchic sentiments but agrees that they are solving a major problem. In a June 25 interview with Circle’s Jeremy Allaire, former Treasury Secretary Lawrence H. Summers talked about crypto’s ability to patch up the modern financial system, particularly calling out the great difficulty in […]
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A new service from Uphold allows crypto holders in Latin America to invest in Amazon, Google, or Tesla for as little as 10,000 Satoshis. On June 25, Uphold announced that they will allow users in Latin America to use cryptocurrency to acquire fractional ownership of the world’s leading companies. Uphold supports dozens of cryptocurrencies, including […]
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Dragonchain will demonstrate its new blockchain-based contest system in a televised contest with a $50,000 prize. Blockchain firm Dragonchain has announced a new contest system, which they claim is “provably fair.” Dragonchain founder and CEO Joe Roets told Cointelegraph on June 25 that the firm has developed a blockchain-based contest system that allows participants to […]
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Regions of the world with fast-growing economic potential and young populations, such as India and Africa, will become leaders in crypto adoption. Beyond rapidly changing how we create, store and transfer value, cryptocurrencies are accelerating financial inclusion in a way that traditional financial institutions have either been unwilling or unable to. Yet crypto’s possibilities go […]
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A news website for the jihadist movement associated with ISIS has adopted Monero donations after having taken donations in Bitcoin for three years. The terrorist organization known as the Islamic State of Iraq and Syria, or ISIS, is beginning to switch to Monero (XMR) to accept donations from the public. As reported by blockchain intelligence […]
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The New York Department of Financial Services is requesting comments on its amendment to the BitLicense that would help smaller companies be regulated. The New York State Department of Financial Services, or NY DFS, is proposing a “Conditional BitLicense” framework to reform its controversial BitLicense regulation introduced in 2015. In a request for comment released […]
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Wirecard is now filing for insolvency as a sudden $2.1 billion hole in its balance sheet wipes out 32% of the supposed assets owned by the company. Troubled fintech company Wirecard, which powers many of the crypto debit cards on the market, has reportedly filed to open insolvency proceedings. As reported by Wall Street Journal […]
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Ripple co-founder Chris Larsen discussed U.S. regulators’ ignorance towards regulating the blockchain and crypto space and how it is helping China. In a recent interview with Wall Street Journal reporter Paul Vigna, Ripple’s co-founder and executive chairman Chris Larsen said that the United States has been “slow to the game” in terms of experimenting, implementing […]
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