ConsenSys’ Joseph Lubin says Ethereum is already scaling and that Ethereum 2.0 is set to launch within two years. Joseph Lubin could arguably be seen as a star at any blockchain event these days, but at the Ethereal Summit last month — organized by Ethereum-focused development company ConsenSys, which he co-founded — he was especially […]
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Cybersecurity firm Trend Micro has detected a major uptick in monero cryptojacking malware targeting China-based systems this spring. Cybersecurity firm Trend Micro has detected a major uptick in monero (XMR) cryptojacking malware targeting China-based systems this spring. The news was revealed in an official Trend Micro announcement on June 5. As previously reported, cryptojacking is […]
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Igor Sechin, the head of Rosneft, believes that barrels of oil could one day be paid for using cryptocurrencies. The head of Russian oil company Rosneft has not ruled out the possibility of paying for oil using cryptocurrencies in the future, according to a report by Snob.ru on June 6. Igor Sechin said the industry’s acceptance […]
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LINE Pay Corp. is partnering with Visa on new blockchain and digital payments solutions. LINE Pay Corporation, the operator of fintech services on major Japanese messaging app LINE, is partnering with American payment services firm Visa on new blockchain and digital payments solutions. The news was revealed in a press release shared with Cointelegraph on […]
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A new website spreads crypto-stealing malware by imitating the website Cryptohopper, a legitimate website where users can program tools for automatic trading. Twitter user and malware researcher Fumik0_ has discovered a new website that spreads cryptocurrency malware, according to a report by Bleeping Computer on June 5. According to the report, the host for transmitting […]
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A Galaxy Digital fund led a $1.8 million seed funding round for a blockchain-based gaming rewards program, which uses blockchain-based quizzes to engage players. A fund of cryptocurrency investment bank Galaxy Digital led a $1.8 million seed funding round for Azure’s blockchain-based gaming rewards platform, VentureBeat reports on June 5. Smart Challenge, Azure’s gaming rewards platform, […]
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The U.S. SEC has filed a complaint against alleged cryptocurrency firm Longfin Corp. and CEO Venkata S. Meenavalli over new discoveries of alleged fraud. The United States Securities and Exchange Commission (SEC) has filed fraud charges against supposed cryptocurrency firm Longfin Corp. and its CEO Venkata S. Meenavalli, according to a press release on June […]
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The president of Brazil, Jair Bolsonaro, has stated that he does not know what bitcoin is, and supported the suspension of a project that would create a crypto for indigenous people to use. The president of Brazil, Jair Bolsonaro, has stated that he does not know what bitcoin (BTC) is, and endorsed the suspension of […]
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Non-custodial peer-to-peer exchange HodlHodl announced Lightning Network support. Non-custodial peer-to-peer (P2P) bitcoin (BTC) exchange HodlHodl announced Lightning Network support in a Medium article published on June 5. The announcement claims that now “everyone is able to buy bitcoins and receive them directly into their Lightning wallet & sell bitcoins directly from their Lightning wallet.” The […]
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South Korean authorities will spend $677,000 to apply blockchain in the billing system of the national postal service. South Korea’s national postal service Korea Post is planning to apply blockchain technology to its billing system, local news agency News1 Korea reports on June 5. The initiative is a collaboration between the South Korean government and […]
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