Grand Theft Crypto: The State of Cryptocurrency-Stealing Malware and Other Nasty Techniques

In 2019, centralized exchanges and individual hodlers are losing record-breaking sums of digital money to hackers and scammers. Much of digital assets’ appeal stems from the fact that many of them are not affiliated with or controlled by governments, central banks or transnational corporations (at least, not yet). The price paid for the independence from […]

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Russian Ministry of Finance Considers Allowing Cryptocurrency Trading

The Russian Ministry of Finance considers allowing cryptocurrency trading in the federation. A representative of the Russian Ministry of Finance (MinFin) says the ministry is considering allowing cryptocurrency trading, Russian news service Interfax reported on June 21. Per the report, the Deputy Minister of Finance Alexei Moiseyev told journalists on Friday that, while MinFin had […]

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Mike Novogratz’s Galaxy Digital to Launch Crypto Options Contracts Trading: Report

Mike Novogratz’s Galaxy Digital launches crypto options trading in response to increasing demand from institutional investors. Mike Novogratz’s crypto investment bank Galaxy Digital is expanding its services to offer crypto options contracts trading, industry media outlet The Block reports on June 21. According to the report, Galaxy Digital’s new initiative is made in response to […]

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Brazil Requires Crypto Exchanges to Report on User Transactions to Authorities

Brazil’s federal revenue agency has released new rules requiring that crypto trading platforms report on all crypto transactions carried out within their system. The Department of Federal Revenue of Brazil (RFB) has released new rules requiring that cryptocurrency exchanges inform the regulator about users’ transactions in order to identify tax fraud, Cointelegraph Brazil reported on […]

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Report: Android Phishing Malware Impersonates Turkish Cryptocurrency Exchange

New Android malware sidesteps Google’s SMS permissions restrictions to get hold of two-factor authentication codes received via SMS. The cybersecurity company behind major antivirus software NOD32, ESET, reported on June 17 that new Android malware sidesteps Google’s SMS permissions restrictions to get hold of two-factor authentication (2FA) codes received via SMS. Per the report, some […]

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Major Pan-African Insurance Firm Rolls Back Insurance for Crypto Mining Equipment

Pan-African insurance company Old Mutual has opted out of insuring cryptocurrency mining equipment due to the absence of regulation in the industry. Pan-African insurance company Old Mutual has opted out of insuring cryptocurrency mining equipment due to the absence of regulation in the industry, local technology-focused new outlet ITWeb reported on June 10. Following comprehensive […]

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