The “Mekotio” trojan went from conventional banking malware one fine-tuned to steal crypto. Cybersecurity experts are warning about a family of banking trojans that target Windows users across Latin America, but this trojan happens to focus on stealing cryptocurrencies. According to a report published by cybersecurity firm ESET, the malware is known as “Mekotio” and […]
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Five major Spanish banking institutions have completed a proof-of-concept for payments using smart contracts. Multinational banking giant Banco Santander and four Spanish banks have successfully finalized a proof-of-concept for payments using smart contracts. The PoC was coordinated with IberPay, the company that oversees the Spanish Payment System. Trial confirms blockchain’s feasibility for payments In a […]
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Algorand’s market capitalization has hit a new all-time high after a sudden Coinbase listing sparked the third-strongest day of trade in the coin’s history. A surprise Coinbase listing has seen the price of Algorand (ALGO) spike by nearly 30% in less than 24 hours and pushed Algorand’s market cap to a new record high ($274 […]
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ADA’s price has rallied on the base of Shelley and “smarter contracts,” but mainstream adoption is still a faraway goal. Bitcoin’s (BTC) volatility hitting its lowest since late 2018 has forced investors to turn to altcoins that could act as more lucrative investments in their portfolios. Cardano (ADA) has been one of the largest benefactors […]
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An upcoming U.S. Commodity Futures Trading Commission, or CFTC, advisory group meeting will host talk on a number of topics, including Distributed Ledger Technology, or DLT, digital assets and trading. The Technology Advisory Committee, or TAC, a technology consultative wing of the CFTC, plans to conduct a remote gathering on July 16, addressing a number […]
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Blockchain technology can bring about major changes for cross-border payments, says Ripple’s former chief market strategist. Ripple’s former chief market strategist, Cory Johnson, says that cross-border payments are where blockchain technology can bring the most change. Johnson claims that speculation around cryptocurrency has slowed down the adoption of blockchain technology in traditional finance. He stated: […]
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Crypto companies are looking for legal talent as the industry becomes more established. The crypto market might soon see an uptick in legal hiring as it is moving out of regulatory gray zones, according to a recent article from Bloomberg Law. The publication interviewed a number of experts from the industry following the news that […]
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The Bank of Japan reported the supply of money stock in circulation increased 6% in June following the receipt of economic relief payments. Investors in Japan increased their crypto holdings during the early stages of the pandemic before the government issued economic relief payments. According to a July 13 report from Japanese news outlet Nikkei, […]
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Is it even fair to compare Bitcoin to younger versions of tech giants like Apple? A recent article by a Cointelegraph Markets contributor proclaimed that “Bitcoin is the ‘new’ Apple,” explaining just how Bitcoin’s (BTC) price could reach $60,000 by 2023: “Bitcoin hangs near the chasm of the adoption curve, and its price looks similar […]
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Ripple and Coinbase-backed cryptocurrency exchange Bitso has topped Argentina’s crypto market in the six months after launch. Bitso, one of the biggest cryptocurrency exchanges in Latin America, has hit 1 million users prior to its upcoming launch in Brazil. Santiago Alvarado, director of cross-border payments at Bitso, discussed the latest developments in leveraging crypto for […]
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