In its new technical analysis, market research company Fundstrat Global Advisors says that it is time to buy cryptocurrencies. In its new technical analysis, market research company Fundstrat Global Advisors says that cryptocurrencies are poised to make further gains, Bloomberg reported on June 13. Per the analysis, most digital currencies are trending upwards as relative-strength-index […]
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Trend Micro claims to have detected a web address spreading a botnet featuring a monero mining component alongside a backdoor. Cybersecurity company Trend Micro claims to have detected a web address spreading a botnet featuring a monero (XMR) mining component alongside a backdoor. The malware was described on Trend Micro’s official blog on June 13. […]
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Merrill Lynch had informed FINRA about Kyung Soo Kim failing to tell bosses about his mining activities, which flouted rules. The United States regulatory body, the Financial Industry Regulatory Authority (FINRA), has charged one of Merrill Lynch’s staff $5,000 for mining cryptocurrency. Documents dated June 10 confirm the fine. According to the “letter of acceptance, […]
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Precious metals streaming company Wheaton Precious Metals will use blockchain technology to facilitate its metal accounting processes. Precious metals streaming company Wheaton Precious Metals (WPM) will use blockchain technology to facilitate its metal accounting processes, mining.com reported on June 12. WPM has reportedly hired software company Blockhead Technologies to deploy its blockchain-based platform STAMP to […]
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Helium releases blockchain-based hotspots with Wi-Fi and sensor capabilities, and intends for them to eventually provide a network of seamless IoT coverage. Napster creator Shawn Fanning’s new company Helium has released its internet of things (IoT) wireless hotspot devices with a blockchain-based incentives program, according to an official blog post by Helium on June 12. […]
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Researchers estimate that the annual emissions of CO2 generated by BTC are greater than the entire output of some small countries. The carbon emissions generated by bitcoin (BTC) are comparable to the whole of Kansas City, and even a small country, according to a study published in the Joule journal on June 12. Christian Stoll, […]
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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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Simon Liu variously alleges nonpayment and the lack of legal clearance for Zerocoin to offer common stocks. The company behind cryptocurrency zcash (ZEC) is facing a $2 million legal challenge over unpaid shares, documents originally filed on May 29 confirm. According to the complaint, which appeared at the Superior Court of California for the County […]
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Cybersecurity firm Trend Micro has confirmed that attackers have been exploiting a vulnerability in the Oracle WebLogic server to install XMR mining malware. Cybersecurity firm Trend Micro has confirmed that attackers have been exploiting a vulnerability in the Oracle WebLogic server to install monero (XMR) mining malware, while using certificate files as an obfuscation trick. […]
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Coinbase has added a new unit for Ethereum-based stablecoin dai on Coinbase Earn, the first stablecoin to be included in its educational program. Major crypto platform Coinbase has added a course on MakerDao’s stablecoin dai in its educational portal Coinbase Earn, according to an official blog post by Coinbase on June 10. According to the […]
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