Monthly Archives: August 2019

Bitcoin Price Drops on the Day as Altcoins Send Mixed Messages

Bitcoin price stumbles while altcoins report mixed, mostly red activity, with Cardano currently winning the day among top 20 coins. Saturday, Aug. 10 — the top 20 cryptocurrencies are reporting largely reddish movement on the day, as Bitcoin (BTC) price saw a sudden dip earlier today. Market visualization courtesy of Coin360 Bitcoin’s price is currently down 4.62% on the day, trading at around $11,370 at press time, according to Coin360 after slipping from around $11,800 to $11,400 in a matter of minutes between 7:30 AM and 7:45 […]

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Who Is David Marcus: Bitcoin Believer Turned Facebook’s Libra Boss

David Marcus, the man who has come to personify the seismic change in the global financial system, has come a long way to the helm of Facebook’s Libra… David Marcus, the man spearheading Facebook’s blockchain effort, has gotten a tremendous amount of spotlight lately. The rapid emergence of Libra has dominated the coverage of other crypto-related developments, as it became apparent that the social media giant’s inroad into the realm of digital assets will have most serious consequences for both the blockchain sector and the global financial […]

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US DOE Dedicates $1.05 Mil to Blockchain Energy Management Platform

US Department of Energy awards $1.05 million to energy company and universities developing a blockchain-based energy management platform. The United States Department of Energy (DOE) has awarded a grant worth $1.05 million to organizations working to commercialize a blockchain-based energy transaction platform. From energy management to energy exchange The news comes from an August 9 press release shared by energy company ComEd, one of the grant’s four reported recipient organizations. The others are the University of Denver, Virginia Tech and BEM Controls, a company specializing in energy […]

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XMR Cryptojacking Malware Smominru Updated, Now Targeting User Data

Smominru, Monero-mining malware found on at least half a million computers, now also steals user data. Malware Smominru mines Monero (XMR) on at least half a million infected computers and now also steals sensitive personal data. An updated malware Cybersecurity company Carbon Black claimed that its Threat Analysis Unit “uncovered a secondary component in a well-known cryptomining campaign” in a report published on Aug. 7. According to the firm, the malware has now been updated to “also steal system access information for possible sale on the dark […]

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BCH News Roundup: Transactions Spike, Cashaddr Support and Developer Congress

The last seven days have been busy within the Bitcoin Cash ecosystem with a slew of announcements and developments. Kraken exchange recently added the BCH-based Cashaddr address format and Coinbase open-sourced a utility that makes it easy to convert between Base58 and Cashaddr addresses. Additionally, the New Hampshire-based Anypay payment processor is bolstering merchant adoption by offering 10% bitcoin cashback for purchases through their point of sale services. Also Read: Exploring the SLP Token Universe Built on the Bitcoin Cash Chain Bitcoin Cash Markets Hold Steady While […]

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Crypto Exchange Binance Points out a Dusting Attack Against Litecoin

A dusting attack has been carried against Litecoin users, according to crypto exchange Binance. Cryptocurrency exchange Binance claims that a dusting attack against fourth-biggest altcoin, Litecoin (LTC). A large scale attack against privacy The official Twitter exchange of cryptocurrency exchange Binance claimed that a major attack against users of altcoin Litecoin took place yesterday. The firm made this claim in a tweet on August 9: “Approximately 5 hours ago there was a large-scale dusting attack on $LTC @Litecoin users.” The tweet also links to a transaction — […]

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Binance KYC Breach — Did It Happen, and If So, Who’s to Blame?

Binance allegedly fell victim to security breach recently that saw the miscreant make off with a lot of the firm’s sensitive KYC data… On Aug. 7, Binance, the world’s largest cryptocurrency exchange (by daily trade volume), fell victim to a hacking scandal that saw the miscreant allegedly gain possession of a huge chunk of the firm’s Know Your Customer (KYC) data (10,000+ personal photos). The hacker is reportedly demanding a total of 300 Bitcoins (worth around $3.5 million) from the exchange, or else he or she will […]

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💥Coinbase Was Attacked: What Happened?! | Leaked Litecoin Chat | Binance U.S. Tokens | Much More!

😀 𝙏𝙝𝙖𝙣𝙠 𝙔𝙤𝙪 𝙁𝙤𝙧 𝙒𝙖𝙩𝙘𝙝𝙞𝙣𝙜! ► Ledger Nano S Crypto Hardware Wallet – https://bit.ly/2TQG8PZ ► Exciting Developments Coming Soon For Binance US – https://medium.com/@BinanceAmerica/exciting-developments-coming-soon-for-binance-us-f79f86bdd9c6 ► Announcing Blockstream Mining & Pool – https://blockstream.com/2019/08/08/en-mining-launch/ ► Litecoin Leaked Chat Reddit Thread – https://www.reddit.com/r/litecoin/comments/co6y9g/ltc_foundation_chat_leaked_no_evidence_of/ ► Overstock Will Open TZero Security Token Market To Retail Traders Next Week – https://www.coindesk.com/overstock-will-open-tzero-security-token-market-to-retail-traders-next-week ► Crypto Castle Reality T.V. Show Trailer – https://youtu.be/0gZaGjiaDKI ► Responding To Firefox 0-Days In The Wild – https://blog.coinbase.com/responding-to-firefox-0-days-in-the-wild-d9c85a57f15b ► “Once” Cover Song – https://www.youtube.com/watch?v=NF2iBkNhLMc ► Audio-Only Version Of This Video – […]

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Telegram Vs. Facebook: The Ultimate Showdown for Crypto Supremacy

Last month, Facebook rocked the world with its big Libra announcement. Now, only one platform has the power to challenge them: the Telegram Open Network. Last month, Facebook rocked the world with its blockbuster Libra announcement. Even a year ago, the idea that an iconic United States company would launch a digital currency or that a sitting president would tweet about it seemed insane.  Welcome to the new normal. The Libra announcement sent politicians scrambling, hit the mainstream media like a hurricane, and left many crypto influencers wondering if […]

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India to Introduce Crypto Bill Next Parliament Session – A Look at Community Responses

The Indian government has submitted a draft crypto bill to the supreme court and expressed its intention to introduce the bill in the next parliament session. The court subsequently set a new date to hear the case relating to crypto regulation. Meanwhile, the Indian crypto community has ramped up efforts to influence the government’s final decision on the country’s crypto policy. Also read: Indian Supreme Court Heard Crypto Case in Depth Today Government Unveils Plan for Crypto Bill The Indian government has been deliberating on the crypto […]

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