Auditors see foul play in the deployment of the smart contract, resulting in a classic scam. On November 2, the Axion Network launched its new token, known as AXN. The project touted the asset as a new investment vehicle, claiming that it would be the most profitable blockchain of its kind to date. During the […]
Continue Reading
“While each component in this patchwork system makes some sense in isolation, collectively, there is substantial room for improvement.” The United States Securities and Exchange Commission voted to amend a set of rules to simplify and improve the “overly complex” procedures for exempt securities offerings. According to an announcement Monday from the SEC, the proposed […]
Continue Reading
A supposed Uphold user said that the first issues on CredEarn started on Oct. 15. Cred, a United States-based cryptocurrency lending service, has officially announced the temporary suspension of operations due to an ongoing investigation. On Oct. 29, Cred executives tweeted that the company is now cooperating with law enforcement authorities to investigate a “recent […]
Continue Reading
Fiat trades are often completed for a sizable fee by bike-riding crypto enthusiasts. Cubans are finding new ways to circumvent the embargo sanctions imposed by the U.S. government back in 1962. According to an October 26 report by Cuba’s AFP news agency, remittances sent from the U.S. to Cuba often pass through a clandestine network of […]
Continue Reading
Can monetizing our data help speed up the world’s response to future pandemics, and make cutting-edge smart cities a reality? We asked an expert. Data is incredibly valuable. But right now, it’s being underutilized — and few of us have control over our digital footprint. Here, CyberVein’s global marketing director Pavel Jakovlev explains the network’s […]
Continue Reading
At least 20 crypto executives and customers of an Israeli telecommunications company were targeted in a sophisticated SS7 attack last month. Hackers compromised the Telegram messenger and email accounts of multiple cryptocurrency executives last month by exploiting a vulnerability in a decades old protocol. The fraudsters are believed to have been trying to intercept two-factor […]
Continue Reading
It’s not a scarce resource like nuclear power, whose proliferation is more easily suppressed. Corey Petty, a chief security officer at Status messenger, told Cointelegraph that he believes there is no way to marry end-to-end encryption with the type of backdoor access law enforcement agencies continue to lobby for. He also believes that any prohibitive […]
Continue Reading
With DeFi scams multiplying by the day, industry stakeholders urge investors to prioritize due diligence before investing in any project. For those active in the decentralized finance arena, hardly a day goes by without a report of one project or another “exit scamming” its investors. From rug-pulling to fake presales, DeFi experts and novice traders […]
Continue Reading
A “new wave of retail investors” is waiting to adopt digital assets. Fidelity Digital Assets, the cryptocurrency custody and execution arm of United States financial services giant Fidelity, has claimed in a new report that retail investors will turn their attention to digital currency as they become more familiar with Bitcoin and other crypto offerings […]
Continue Reading
This company presents an alternative to “sketchy” Telegram channels for second-hand mining equipment. Asic Jungle has launched a beta version of what it calls “the first-ever mining hardware marketplace” for cryptocurrency mining hardware. The company’s CEO Artem Bespaloff told Cointelegraph that he has created a trusted platform for second-hand mining equipment that operates without any […]
Continue Reading