Ethereum celebrates its fifth anniversary but can’t seem to step out of Bitcoin’s shadow in the mainstream press. Ethereum’s perception in the media has been on a roller-coaster ride since its inception in 2015, but the blockchain and its native Ether (ETH) cryptocurrency are clearly still seen as being in second place behind Bitcoin (BTC). […]
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Wash trading hurts investors and taints the crypto industry, but extinguishing it will be difficult absent global regulation. When Bitwise Asset Management declared in a March 2019 presentation to the United States Securities and Exchange Commission that 95% of the Bitcoin (BTC) trading volume being reported globally on cryptocurrency exchanges was “fake,” it jolted rating […]
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The leaders of two tech giants are using nationalism to win back the governments of their respective home countries after stumbling over crypto launches. Two icons of tech — one American, one Russian — are hard at work trying to win back the jilted governments of their home countries by stirring up concerns over foreign […]
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Twitter has been warned about security issues related to employees’ credentials since 2015. Numerous unnecessary employees at Twitter allegedly have the ability to reset users’ accounts and modify their security settings. This is a problem that Jack Dorsey, chief executive officer, and the company’s board were warned about all the way back in 2015. According […]
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As the official Telegram Open Network is being prepared to shut down on Aug. 1, global TON technology projects continue progressing. TONCommunity.org, one of the multiple spin-offs of Telegram’s unlaunched blockchain network, has announced that its tetsnet is now live. After announcing plans for a separate TON network in late May, TONCommunity.org launched the testnet […]
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A new indictment came down in the case involving three Canadians behind the alleged PlexCoin ICO scam which raised $8M in 2017. Three Canadian citizens involved with an alleged initial coin offering scam from crypto project PlexCorps have been charged with fraud over conning investors out of $8 million. According to a July 24 statement […]
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Despite a number of choke points, development continues for both security tokens themselves and the market infrastructure to support them. The general hype circa 2018 proclaimed security tokens as crypto’s killer app. After Bitcoin fell from its $20,000 peak in December 2017, some of the more revolutionary promises of cryptocurrencies had lost their luster — […]
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Brooklyn Nets star Spencer Dinwiddie’s offering of tokenized shares in his NBA contract concluded after only raising 10% of its target. Professional basketball player Spencer Dinwiddie has had a disappointing response to his offering of tokenized shares in his $34 million contract with the National Basketball Association (NBA). The token sale concluded almost one year […]
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The CEO of a crypto firm that recently settled with the SEC over its 2017 ICO is suing T-Mobile over a series of SIM-swaps that resulted in the loss of $8.7 million worth of crypto. Reggie Middleton, the chief executive of crypto company Veritaseum, is suing telecommunications provider T-Mobile for allegedly enabling the theft of […]
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Cisco Systems says a new botnet mines Monero and steals data from the victims. The threat intelligence team at Cisco Systems discovered a new cryptojacking botnet named “Prometei.” This botnet both mines Monero (XMR) and steals data from the targeted system. According to the paper sent to Cointelegraph, the botnet has been active since May. […]
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