Monthly Archives: January 2020

North Korean Hacker Group Modifies Crypto-Stealing Malware

The allegedly North Korea-sponsored hackers known as Lazarus have deployed new viruses to steal cryptocurrency. The Lazarus hacker group, which is allegedly sponsored by the North Korean government, has deployed new viruses to steal cryptocurrency. Major cybersecurity firm Kaspersky reported on Jan. 8 that Lazarus has doubled down its efforts to infect both Mac and Windows users’ computers. The group had been using a modified open-source cryptocurrency trading interface called QtBitcoinTrader to deliver and execute malicious code in what has been called “Operation AppleJeus,” as Kaspersky reported […]

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Report: Ethereum, Tron and EOS Dominated DApp Ecosystem in 2019

DappReview published its 2019 report, highlighting DeFi growth on Ethereum and EOS’ congestion struggles. DappReview published its 2019 insights on the decentralized app (DApp) space in a Jan. 8 report. Just three blockchains accounted for 98.65 percent of total transaction volume, though EOS began to struggle in Q4 2019. Decentralized app aggregator DappReview summarized the main events within the DApp ecosystem in 2019. The value of on-chain transactions amounted to $23 billion, with 1,955 DApps added during the year — bringing the total number to over 4,000. […]

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Former Mt Gox CEO Mark Karpeles Seeks to Put Longstanding Lawsuit to Rest

Mark Karpeles, the former CEO of the now-defunct Bitcoin exchange Mt. Gox, is seeking to put an end to litigation filed by a former exchange user back in 2014. Mark Karpeles, the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox, is seeking to put an end to litigation filed by a former exchange user back in 2014.  In papers filed in a Chicago federal court on Jan. 8, Karpeles contended that he is entitled to summary judgment as the main plaintiff in the case as […]

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Bitcoin Price Can Bounce to $9.5K After Filling Futures Gap — Analyst

The next move for Bitcoin can see multi-month highs or a return to $6,400, a Cointelegraph contributor warns as $8,000 support disappears. Bitcoin (BTC) fell below $8,000 overnight on Jan. 8, ending a brief period of bullish action that saw the price hit its highest since November 2019. Cryptocurrency market daily overview. Source: Coin360 BTC tests new upper $7K support Data from Coin360 and Cointelegraph Markets showed support in the $8,000 range prove to be weak, BTC/USD hitting 24-hour lows of $7,850. The pair had reached as […]

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US Grand Jury Indicts Ethereum Researcher Virgil Griffith Over North Korea Trip

The United States District Court for the Southern District of New York indicted Ethereum Foundation researcher Virgil Griffith on Jan. 7. The United States District Court for the Southern District of New York has filed an indictment against Ethereum Foundation researcher Virgil Griffith on Jan. 7. According to a court filing on Jan. 7, a federal grand jury charged Griffith with conspiracy to violate the International Emergency Economic Powers Act. The act was introduced in 1977 and is a U.S. federal law authorizing the president to regulate […]

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Better Safe Than Hacked? Google and Apple Flip-Flop on Crypto

The “Shitcoin Walletâ€� debacle shined a light on crypto security issues. Experts weigh in on how companies are caught in the balance. The cryptocurrency sector has many criticisms. One is that it can appear impenetrable to newcomers. Another is that it is probably easier to lose money investing in crypto than in most other areas of finance. What’s more, these issues can combine to create a lucrative environment for hackers with nefarious intentions.  Chrome browser extension makes a stink By virtue of the fluctuations and hype that […]

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Thai Bank Launches App For Instant Cross-Border Payments Powered By Ripple

The oldest bank in Thailand launches a mobile app powered by Ripple to facilitate fast, low-cost cross-border payments. Thailand’s oldest bank Siam Commercial Bank (SCB) has partnered with Ripple to create a mobile application powered by blockchain to deliver instant, low-cost cross-border payments.  Per a Jan. 8 blog post from Ripple, the app — known as SCB Easy —  was demoed in December during Ripple’s annual customer event, Swell. The demo reportedly demonstrated its ability to send cross-border payments in seconds.  SCB’s senior vice president of commercial […]

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Joint Coinbase-Circle Stablecoin Project USDC Listed on Competitor Kraken

Kraken exchange lists stablecoin USDC, a product of Circle and competitor Coinbase. Crypto exchange Kraken has added stablecoin USD Coin (USDC) to its list of trading pairs.  Touted as “the world’s fastest-growing stablecoin,” USDC saw listing today on crypto exchange Kraken, per a press release provided to Cointelegraph on Jan. 8.   USDC developed by Circle and Coinbase Payment company Circle, alongside crypto exchange powerhouse Coinbase, founded an endeavor called the Centre Consortium, developing USDC under the Centre name.  An Ethereum-based (ERC-20) token, USDC is a cryptocurrency pegged […]

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Turkey’s University Center to Develop Blockchain Projects on Cornell Prof’s Ava Platform

Emin Gün Sirer’s AVA Labs partnered with BlockchainIST Center in Turkey. In advance of its mainnet launch, Ava Labs has partnered with BlockchainIST Center in Turkey to create blockchain-based products for daily use. BlockchainIST, Turkey’s first university blockchain center, partnered with Cornell University’s Emin Gün Sirer‘s Ava Labs to develop DeFi products on the Ava Platform. The press event took place on Jan. 6 at Bahcesehir University in İstanbul, Turkey. BlockchainIST Founder and Director Bora Erdamar told Cointelegraph that Bahçeşehir University postgraduates and Istanbul Blockchain School students […]

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Lenovo Using Eco-Friendly Methods to Help Run GoChain Blockchain

Lenovo will contribute to GoChain’s blockchain network utilizing eco-friendly data center cooling measures. Computer manufacturing giant Lenovo will help run the blockchain network for GoChain, a blockchain protocol startup. Lenovo will lend a hand to GoChain’s network, operating a signing node which “will be the first of its kind to be operated in a liquid immersion data center for cooling,” a Jan. 6 press release said.  An eco-friendly endeavor Created by a company called Midas Green Technology, the mentioned data center cooling methods reportedly require less energy […]

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