With a new AML report describing 2019 as the year of the exit scam, Cointelegraph looks at the biggest alleged scams to date and how to spot one… As the appeal of cryptocurrency has grown, so has the opportunity for scammers to part naive investors from their money. 2019 has been no exception, with cryptocurrency […]
Continue Reading
The U.S. congressional hearings on Libra may determine the future of the project. Here is what regulators think about Facebook’s crypto… This week is crucial for the future of Libra: Facebook’s cryptocurrency project will be subject to two back-to-back hearings in the United States Congress. First, the Senate Banking Committee will discuss the token on […]
Continue Reading
A spokesperson for Calibra, Facebook’s new digital wallet, says it will not be available in U.S.-sanctioned countries, or those that have banned cryptocurrencies. Facebook’s Calibra digital wallet will not be available in some of the social network’s largest markets, including India, according to a TechCrunch report on June 19. A spokesperson told the website: “The libra blockchain will be […]
Continue Reading
Social media giant revealed to be rather close to creating its own crypto token. Over the past few months, it appeared that Telegram has been comfortably leading the clandestine race between major social platforms that have been quietly working on their native crypto tokens, with its Telegram Open Network (TON) making strides toward its October […]
Continue Reading
Several voices have earmarked a June 18 whitepaper launch date, as information slowly trickles through. Multiple sources are expecting Facebook to launch its stablecoin on June 18, IT and fintech magazine TechCrunch reported on June 6. Citing people familiar with the plans, the publication added strength to existing suggestions from both within and outside the […]
Continue Reading
Bitcoin exchange and alleged scam Goxtrade advertises staff who do not work for them. Purported bitcoin (BTC) exchange Goxtrade has been accused of being a scam, technology news publication TechCrunch reported on May 17. Chief among the report’s revelations is that Goxtrade takes photos of unaffiliated people from social media sites and compiles them to […]
Continue Reading
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 […]
Continue Reading
Celebrity investments are boosting crypto, but the industry still needs to build killer apps. Marketing loves celebrities — and with good reason. They’re “celebrated” people, individuals invested with bulk quantities of cultural capital (i.e., public respect, goodwill and interest), which — if tapped correctly by marketing firms — can be reflected onto endorsed products. This […]
Continue Reading
New cryptojacking malware Beapy uses the leaked U.S. NSA hacking tools to spread through corporate networks. American software security firm Symantec found a spike in a new crypto mining malware that mainly targets enterprises, TechCrunch reports on April 25. The new cryptojacking malware, dubbed Beapy, uses the leaked United States National Security Agency (NSA) hacking […]
Continue Reading
Users of Binance’s new Singapore platform are reportedly only able to purchase bitcoin using Singapore dollars during the “soft launch.” Binance has launched a new cryptocurrency exchange in Singapore after months of anticipation, TechCrunch reported on April 23, albeit with limited features. Users of the platform are only able to purchase bitcoin (BTC) using Singapore dollars (SGD,) meaning […]
Continue Reading