According to researchers at the University of Bern, the presence of faulty or malicious nodes on the Ripple network could have “devastating effects.” Researchers from the University of Bern have released a report claiming Ripple’s consensus protocol “ensures neither safety nor liveness.” In a blog posted yesterday from the university’s Cryptology and Data Security Research […]
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“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry,” said Caitlin Long. Caitlin Long, founder and CEO of Avanti Financial, is asking crypto users and others to testify in support of a piece of legislation which could help stop SIM […]
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FinHub will have new independence and responsibilities, reporting directly to the SEC’s chairman. Per a Dec. 3 announcement, the Securities and Exchange Commission’s fintech team will become an independent office. Initially launched in 2018 under the guidance of Bill Hinman, the SEC’s Strategic Hub for Innovation and Financial Technology, or FinHub, has been a leading force […]
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Hosting an Eth2 node is a big responsibility — and if things go wrong, this could result in some painful penalties. How does a hosting provider tackle the dangers of running your own node? Allnodes can offer an affordable alternative to doing everything yourself, reducing the risks of financial penalties and slashing. The company offers […]
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The latest in securities law and crypto is not a revolution but it is a step forward. As Cointelegraph reported two weeks ago, the Securities and Exchange Commission put out a rare no-action letter in defense of IMVU’s new blockchain-based VCOIN. VCOIN is only the third digital token to get such legal protection from the […]
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Potential customers in the U.S. are apparently holding off from using Ripple’s XRP-related services due to regulatory uncertainty. As Ripple reportedly prepares to relocate its headquarters outside of the United States, it turns out that only 5% of the company’s clients are based in the country, according to the firm’s CEO. On Dec. 2, Ripple […]
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Phishers are coming after MetaMask users in increasingly clever ways. Cyber Security firm CipherTrace has issued a warning after noting a surge in reports over the past 24 hours of users funds being stolen by a malicious Chrome browser extension posing as popular crypto wallet MetaMask. The warning was issued under the headline “ALERT: Malicious […]
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Compliance is key if you want to play the game, says PayPal CEO Dan Schulman. There is no other way for the cryptocurrency industry to thrive without working hand in hand with regulators, PayPal CEO Dan Schulman believes. On Dec. 2, Schulman joined the Web Summit online conference to discuss the cashless era of the […]
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Aussie exchange BTC Markets has revealed the full name and email addresses of all of its customers in a marketing email blast. Major Australian cryptocurrency exchange BTC Markets accidentally exposed the full name and email addresses of all of its customers in a marketing email sent to each affected individual on Dec. 1. The emails […]
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Local media reports indicate electricity producers in Yunnan, China’s fourth-largest province by Bitcoin hash rate, have been ordered not to provide power to crypto mines. Local sources report that authorities from the city of Baoshan in the Chinese province of Yunnan are escalating efforts to crack down on Bitcoin miners, ordering electricity producers to cease […]
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