McAfee Labs: Cryptojacking rose by over 4000 percent in 2018, and threat actors are now targeting IoT devices. Cryptojacking malware activity rose by over 4000 percent in 2018, according to a new quarterly report published by cyber security firm McAfee Labs, Dec. 18. Cryptojacking is the practice of using a computer’s processing power to mine […]
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A new study has identified 4,818 cryptocurrency pump-and-dump groups on popular messaging apps Telegram and Discord. There are thousands of pump-and-dump groups on popular messaging apps, a study conducted by the Social Science Research Network (SSRN) revealed Dec. 18. Pump-and-dump is the fraudulent practice of perpetrators encouraging unwitting investors to buy an asset to inflate […]
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A recent study by Imperial College London analysts claims that crypto pump and dump scams account for $7 million in trade volume each month. A recent study has found that pump and dump schemes account for about $7 million worth of trading volume per month, MIT Technology Review reported Dec. 4. The analysis was performed […]
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Kakao is close to completing the private sale of its cryptocurrency called Clay, raising $300 million. Kakao, South Korea’s largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering (ICO) to raise funds for its blockchain project called Clay. In March, Kakao […]
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EOS and Steemit executive Daniel Larimer has revealed plans for a new currency-focused altcoin, but community responses have been harsh. Daniel Larimer, the CTO of blockchain company and EOS developer Block.One, has plans to develop a new cryptocurrency side project, he said in Telegram messages Nov. 28. Larimer, also known as BM in developer circles, […]
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New research reveals several well-known ICO projects still have no clear launch date for their native token. At least twelve Initial Coin Offering (ICO) projects that raised over $50 million in their token sales have yet to launch, new data by cryptocurrency trading platform BitMEX revealed Nov. 21. In a mailing list circular, CEO Arthur […]
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sponsored As crypto investors contend with a “bearish” market, one trading platform believes options and futures could be the way forward. A new blockchain asset trading platform says it is determined to help investors navigate the “bearish” cryptocurrency market – and says options could enable traders to protect and grow their assets. Options are a […]
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Hundreds of ways of buying crypto have emerged in recent years – and in some cases, you can get your hands on Bitcoin without parting with cash. Are there any methods which don’t come recommended? Cash in the mail is ill advised for buying crypto unless you’re only dealing in small amounts. There’s always the […]
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sponsored A Santa-themed trading bot is giving crypto enthusiasts the chance to capitalize on volatility and hopes automation will help them sleigh in the marketplace. A cloud trading software platform argues the public has the chance to take advantage of volatility in the cryptocurrency marketplace through automated trading – “maximizing their opportunities” and enabling their […]
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Banks are now required to provide fair services to crypto exchanges in South Korea by the court. On October 30, South Korea’s main financial authority officially cleared banks to work with crypto exchanges for the first time in history, establishing a major milestone for the local cryptocurrency sector. At the state affairs audit, held by […]
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