Russian Economic Minister Says BTC Is ‘Soap Bubble’ But Lauds Crypto’s Influence on Tech

Russia’s economic minister has compared BTC with a “soap bubble,” while seeing its influence on increasing tech investments as positive. The Minister of Economic Development of Russia referred to Bitcoin (BTC) as a “soap bubble” that has has led to investors’ losses, Russian informational agency RBK reported Nov. 28. Minister Maksim Oreshkin, speaking in an […]

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Kaspersky: Cryptojacking Increasingly Popular Attack Vector for Botnets

A cybersecurity report from Kaspersky Labs states that crypto mining malware became increasingly popular among botnets in 2018, as compared with other attack vectors. A new bulletin from Russian internet security company Kaspersky Labs published Nov. 28 states that crypto mining malware became increasingly popular among botnets in 2018. Stealth crypto mining attacks – also […]

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Bitfury Partners With Russian Economics University to Establish Blockchain Accelerator

Mining and blockchain firm Bitfury has partnered with Russia’s oldest economics university to develop a blockchain course aimed at preparing specialists for the field. Multisectoral blockchain company Bitfury has partnered with the Plekhanov Russian University of Economics to create an accelerator for blockchain projects, Russian crypto news outlet Forklog reports Nov. 21. In addition to […]

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Colorado Securities Regulators Crack Down on Four More ICOs for Alleged Illicit Practices

The Colorado Division of Securities issued cease and desist orders to four more ICOs allegedly involved in fraudulent and illegal practices. The Colorado Division of Securities has filed cessation orders against four Initial Coin Offerings (ICOs) allegedly involved in fraudulent and illicit practices, according to an official announcement Nov. 20. Colorado Securities Commissioner Gerald Rome […]

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Cybersecurity Firm Detects Cryptojacking Malware on Make-A-Wish Foundation Website

Cybersecurity firm Trustwave has reported a case of cryptojacking malware stealing the computing power of visitors to the Make-A-Wish Foundation’s website. Hackers have infected the website of global non-profit organization the Make-A-Wish Foundation with cryptojacking malware, according to a report by cybersecurity firm Trustwave posted Nov. 19. According to Trustwave researchers, crypto jackers managed to […]

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Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues

The lawyer representing the alleged former operator of BTC-e, Alexander Vinnik, has accused the Greek Supreme Court of “grossly violating” his rights. The lawyer representing the alleged former operator of now-defunct crypto exchange BTC-e, Alexander Vinnik, has accused the Greek Supreme Court of “grossly violating” his rights, major Russian state-owned news agency TASS reported Nov. […]

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Russian Authors’ Society to Launch Blockchain Platform for Intellectual Property Loans

Russia’s non-profit copyright society plans to launch a blockchain-powered platform for managing intellectual property-secured loans. Major NGO the Russian Authors’ Society (RAO) will launch a blockchain-based financial platform for intellectual property-secured loans, according to Russian news outlet TASS Nov. 16. RAO’s CEO Alexander Sukhotin revealed that the project, dubbed CoFi, is at its final stages […]

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MILE Now Listed on BitForex: Fast, Free and Decentralized Blockchain for the Real Economy

BitForex has listed MILE on their exchange. It’s a deflationary cryptocurrency tied to a new stablecoin, XDR. MILE carries a 0.01 MILE transaction fee, while XDR transactions are free. While the market for stablecoins is already crowded, George Goognin, a board member and global ambassador for the Mile Unity Foundation believes that this coin pairing […]

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