Grant Thornton confirmed it was targeting databases in Arizona as part of its efforts to reconcile user holdings. Liquidators of defunct New Zealand cryptocurrency exchange Cryptopia have applied to secure user data stored in the United States as part of refund proceedings, a statement confirmed on May 27. Cryptopia, which suffered a hack in January, […]
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EOS developer Block.one is attempting a 10% buyback of its stock. Earlier this week, it was revealed that EOS developer Block.one is attempting a 10% buyback of its stock, reportedly the second one in less than a year. It seems that some of the company’s investors are up for a big payday: The earliest backers […]
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A Dutch investigation agency and Europol have shut down a $200 million crypto tumbler for being involved in money laundering. Dutch, Luxembourg authorities and Europol have shut down one of the three largest cryptocurrency tumblers, Europol reported on May 22. A cryptocurrency tumbler, also known as a cryptocurrency mixing service, is an anonymity tool that […]
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Microsoft continues its blockchain streak, empowering users to own personal data. Microsoft, one of the world’s largest software makers by revenue, is currently on a blockchain streak. This time, Microsoft presented a vast blockchain-related plan: a decentralized identity (DID) network built atop of the bitcoin network, which can potentially empower users all over the internet […]
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The three most prevalent types of malware in April were all crypto miners, according to Check Point Research’s global threat report. A global threat report has concluded that the three most common malware variants detected in April were crypto miners, according to a news release on May 14. Check Point Research said Cryptoloot, malware that […]
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sponsored An upcoming crypto exchange says its platform is built upon an institutional-grade trading engine capable of processing 2 million orders per second. A new blockchain trading platform says its secure, reliable infrastructure enables users “to stay ahead of market movements and manage risk and loss like never before.” As well as supporting a wide […]
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Stablecoin tether is apparently only backed 74% by cash reserves, and Elon Musk and Vitalik Buterin get friendly on Twitter. Top Stories This Week Fractional Reserve Stablecoin Tether Only 74% Backed by Fiat Currency, Say Lawyers According to documents released by USD stablecoin tether’s (USDT) lawyers, the company behind the stablecoin only has enough fiat […]
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The Wall Street Market, the world’s second largest dark web market, was shut down with six figures in crypto seized by police. German police, along with Europol, have shut down servers of a dark web marketplace and seized six figures in crypto from the arrested suspects, Europol announced on May 3. The Wall Street Market, […]
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Cryptojacking malware Shellbot is now armed with new capabilities. The Shellbot cryptojacking malware has gone through an update and come out with some new capabilities, technology news website TechCrunch reported on May 1. Per the report, these findings come from Boston-based cybersecurity firm Threat Stack. The company claims that Shellbot, which was first discovered in […]
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The number of infected Electrum BTC wallets has reportedly reached 152,000 following an ongoing DoS attack on its servers. The number of infected Electrum bitcoin (BTC) wallets has reached 152,000 following an ongoing Denial-of-Service (DoS) attack on its servers. The development was reported by anti-malware software firm Malwarebytes in a blog post on April 29. […]
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