MongoDB suffered a “Wiping & Ransom” attack that wiped around 22,900 unsecured databases. Cross-platform database company, MongoDB, is the latest victim of a cybercriminal attack. This attack has infiltrated 22,900 unsecured databases by wiping their contents. The gang behind the attack has since requested Bitcoin (BTC) payments in exchange for a backup of the data. […]
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Copy trading has exploded in popularity in recent years. Here, we ask established traders about what they get out of the bargain — and ask for their market predictions. There’s a palpable buzz in crypto markets right now. Copy trading is gaining momentum, as it allows investors to emulate the moves of experienced traders. We […]
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A report released by crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. A report released by major crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility. In the report published on June 30, the exchange explained that its Binance Sentry risk investigation service observed reports of […]
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OKCoin’s COO said a PayPal crypto listing would give the industry vast exposure. Rumors recently surfaced of mainstream payment giant PayPal adding crypto as an option on its platform. Although he had no additional information on the legitimacy of the rumors, OKCoin COO Jason Lau said digital assets on PayPal would further crypto adoption. “When a […]
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A Russian court turned down a request from a victim of a 100 Bitcoin theft seeking restitution, with the court arguing that cryptocurrencies have no legal status. On June 30, a Russian criminal court denied a motion to provide restitution to a victim of what would in many jurisdictions be a felony, arguing that Bitcoin […]
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According to one of the world’s leading cryptographers, Bitcoin’s elliptic curve could have a secret backdoor, invalidating all underlying security. One of the world’s top cryptographers believes that Satoshi Nakamoto chose Bitcoin’s (BTC) elliptic curve either for its efficiency or because it may offer a secret backdoor. Elliptic curve is worth $ billions A Bitcoin […]
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As Russia draws up new strict cryptocurrency legislation, P2P Bitcoin exchanges and crypto trades in the country rise significantly. A branch of the Russian federal government has recently published a draft of new litigation called “On Digital Financial Assets,” which is focused on enforcing strict cryptocurrency laws in the country. The legislation has not been […]
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China’s capital city has unveiled an ambitious plan to transform Beijing into a global hub for private blockchain innovation and leader in public DLT deployment. The municipal government of Beijing has unveiled a 20-point plan to accelerate the development and deployment of distributed ledger technologies (DLT) and turn Beijing into both a global and national […]
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Crypto data platform CoinGecko has partnered with cybersecurity firm Hacken to incorporate the security of crypto exchanges into its Trust Score metric. Cryptocurrency market data aggregator CoinGecko has updated its Trust Score algorithm to consider the cybersecurity standards of the more than 400 cryptocurrency exchanges listed on its platform. From July 1, 20% of CoinGecko’s […]
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The Washington DC Bar Association became the fourth to issue an opinion endorsing crypto as an acceptable form of payment. Four bar associations across the United States have now issued opinions stating they are not opposed to cryptocurrency or digital currency as a form of payment for an advance or services rendered. The District of […]
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