Crypto Platform Says It Launches Two Products to Challenge Banks and Empower Customers

sponsored A crypto platform is unveiling features that enable users to borrow against their assets to unlock spending power. A “next-generation” mobile payment platform has unveiled two products that are designed to help users smartly manage money matters and enjoy “greater financial empowerment.” Crypto.com’s first new offering, Crypto Earn, gives the public “the freedom to […]

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Cybercriminals Sneak in Crypto Mining Malware via Confluence Software Exploit

Cybercriminals are exploiting a known vulnerability in the software Confluence to mine XMR. Cybercriminals are now reportedly exploiting known vulnerability CVE-2019-3396 in the software Confluence, a workspace productivity tool made by Atlassian, according to a report by security intelligence firm Trend Micro Inc. on May 7. The exploit that has been developed allows cybercriminals to […]

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Tron Discloses Critical Vulnerability Which Could Have Crashed Its Blockchain

The Tron Foundation has disclosed a fixed critical vulnerability which could have rendered its blockchain unusable. The Tron Foundation disclosed a fixed critical vulnerability which could have crashed its blockchain on vulnerability disclosure platform HackerOne on May 2. The disclosure explains that with enough malicious requests, an attacker could have filled up all the available […]

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Intercontinental Exchange Used ‘Crypto Winter’ to Scoop Up Digital Assets for Bakkt

ICE was reportedly using the “crypto winter” to purchase crypto assets at a discount for its institutional cryptocurrency trading platform Bakkt. Intercontinental Exchange Inc (ICE) purportedly took advantage of the “crypto winter” to purchase crypto assets at a discount for its institutional cryptocurrency trading platform Bakkt, Reuters reported on May 2. ICE’s chief executive officer […]

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World Economic Forum Teams Up With 100 Logistics Firms, 20 Gov’ts in New DLT Project

The World Economic Forum announced a broad blockchain project: “Redesigning Trust: Blockchain for Supply Chains.” The World Economic Forum (WEF) has teamed up with over 100 global supply chain and logistics leaders to standardize blockchain apps in the industry, the organization announced on May 1. The WEF, a Switzerland-based organization whose motto is commitment to […]

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Celebrity Crypto-Investments: A Boost for the Industry, but Also a Distraction

Celebrity investments are boosting crypto, but the industry still needs to build killer apps. Marketing loves celebrities — and with good reason. They’re “celebrated” people, individuals invested with bulk quantities of cultural capital (i.e., public respect, goodwill and interest), which — if tapped correctly by marketing firms — can be reflected onto endorsed products. This […]

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Consumer-Targeted Cryptojacking Is ‘Essentially Extinct’: Research

Illicit “cryptomining against consumers is essentially extinct,” declares a report released by cybersecurity company MalwareBytes. Illicit crypto mining — or cryptojacking — against consumers “is essentially extinct,” declares a report released by cybersecurity company MalwareBytes on April 23. Per the report, after in-browser mining service CoinHive shut down in early March — when the team […]

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