South Korean electronics giant Samsung might become the next multinational conglomerate to issue its own cryptocurrency token. Samsung is another big-name company to consider issuing its own cryptocurrency. Similar stories have already emanated from the likes of Facebook and JPMorgan Chase, with analysts speculating on various use cases for these cryptocurrency tokens. While not yet […]
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Illicit “cryptomining against consumers is essentially extinct,” declares a report released by cybersecurity company MalwareBytes. Illicit crypto mining — or cryptojacking — against consumers “is essentially extinct,” declares a report released by cybersecurity company MalwareBytes on April 23. Per the report, after in-browser mining service CoinHive shut down in early March — when the team […]
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Blockchain firm RChain informed clients that the firm suffered a scam involving an escrow transaction with counterfeit money. Singapore-based crypto exchange KuCoin has blocked a crypto wallet that is allegedly involved in a recent RChain (RHOC) token scam, RChain wrote in a blog post on April 26. RChain, the blockchain firm behind RHOC coin, informed […]
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Hardware crypto wallet manufacturer Ledger has detected malware targeting its desktop app. Hardware cryptocurrency wallet manufacturer Ledger has detected malware targeting its desktop application, according to a tweet on April 25. Ledger warned its users that the malware locally replaces the Ledger Live desktop app with a malicious one, and advised to follow security practices […]
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Supply, demand and the April bull market: Why MakerDAO’s DAI hasn’t been all that stable. Stability has become a holy grail for the crypto market, and right now, one of the biggest stablecoins is MakerDAO‘s DAI. Launched in December 2017 as an ERC-20 token, it’s pegged 1:1 with the United States dollar, with its peg […]
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Bitfinex is facing pressure from U.S. lawmakers over its handling of missing funds worth $850 million. Cryptocurrency exchange Bitfinex has withdrawn funds worth almost $90 million from its cold wallet, blockchain data reported by cryptocurrency news outlet The Block confirmed on April 26. Bitfinex, which has the same owner as USD stablecoin Tether (USDT), has […]
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The militant arm of Hamas is reportedly using increasingly complex measures to frustrate authorities’ attempts to track the flow of its cryptocurrency financing. The militant arm of Hamas — the de facto ruling authority of the Gaza Strip in Palestine — is reportedly using increasingly complex measures to frustrate authorities’ attempts to track the flow […]
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Maltese financial regulator has issued a note to the public regarding the risks of crypto assets and the possibility for scams. Malta’s financial regulator has issued a note to the public regarding the risks of crypto assets and the possibility for scams, news outlet Times of Malta reported on April 25. The Malta Financial Services […]
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The teenage rapper, who has tens of millions of fans on social media, is now accepting Lightning Network payments for merchandise. American rapper Lil Pump has started accepting bitcoin (BTC) payments through his merchandise store Unhappy, according to his website. Fans of the 18-year-old, known for his catchphrase “Esskeetit” and his most recent album Harverd […]
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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 […]
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