Monthly Archives: June 2020

Alchemy Pushes Real-Time Crypto Notifications to Your Device

Major improvement to crypto user-experience brings adoption a step closer. One of the time-honored traditions in the crypto community may be on the verge of becoming obsolete. Alchemy, a blockchain development platform, is going live with Alchemy Notify — a push notification for developers that could signify an end to repeatedly refreshing your favorite block explorer while waiting for a transaction confirmation. The crypto user-experience is one of the most derided aspects of the industry, with critics claiming that the complicated nature of transactions, and the time […]

More info

Former KFC Employee Built a Crypto Drug Empire, Lost It All Today

The Leicester Crown Court confiscated over $2.29 million from an online drug kingpin who ran a darknet store from the attic of his home. The Leicester Crown Court ordered the seizure of over £1.8 million ($2.29 million) on June 8 from a UK individual who operated a multi-billion crypto drug empire from the attic of his home. According to the Harborough Mail, Paul Johnson, 32, a former KFC employee, ran a darknet marketplace from his semi-detached house in Leicestershire. Johnson was also sentenced to eight years in […]

More info

Ransomware Gang Strikes Again with More Auctions Listing Stolen Data

Two US-based law firms are the latest victims of the REvil malware group, which is auctioning off their sensitive data. Ransomware group REvil has started another auction on the dark web listing sensitive data stolen from two US-based law firms. The listing appeared June 6 through REvil’s official blog on the darknet, where bidders look to acquire 50GB of data from Fraser Wheeler & Courtney LLP and 1.2TB of data from the database of Vierra Magen Marcus LLP. Source: Brett Callow of Emsisoft Information auctioned includes client […]

More info

Chainalysis Can Now Track Your ‘Privacy Coins’ Zcash & Dash

Chainalysis calls the ‘privacy coin’ bluff — adds support for Zcash and Dash, calling Dash a ‘privacy coin’ is a ‘misnomer.’ On June 8, Chainalysis announced support for privacy coins Zcash (ZEC) and Dash (DASH) making it easy for the law enforcement to track them. Calling Dash a privacy coin is a misnomer The company claims that it can trace the vast majority of Zcash and Dash transactions due to the fact that most users do not use privacy-enhancing features. When it comes to Dash, Chainalysis goes […]

More info

Leaked Pentagon War Game Shows Gen Z Using Bitcoin to Battle the Corrupt State

The United States has been creating military simulations, otherwise known as ‘war games,’ for years now. In fact, the Pentagon and various professional analysts created a permanent war gaming facility for simulations. This week a report indicates that Pentagon officials have purportedly created a war game that involves Generation Z (Gen Z) and the rebels leverage bitcoin to fight a corrupt system. On June 5, 2020, the news outlet, The Intercept, published a leaked document that shows the Pentagon’s alleged plans for a specific war game. The […]

More info

A New Token Lets You Save on Ethereum Fees by ‘Storing’ Gas

A new Ethereum “gas tokenâ€� can help users save on fees by storing cheap gas in periods of inactivity, using a clever contract trick that refunds gas when freeing storage. Ethereum (ETH)’s fees are hard-coded to only be payable in Ether, but a clever trick with smart contracts allows users to effectively pay for gas with a special token, which reduces the total fee they incur. This principle was used by the team behind 1inch.exchange, a decentralized exchange aggregator, to introduce the Chi token. The technology was […]

More info

Price Analysis 6/8: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, XTZ

Bitcoin price remains range-bound, but as miners sell fewer coins and the BTC reserves on the exchanges drops, a possible up move could occur in the next few days. The total crypto market capitalization was close to $270 billion on May 8 and currently, the metric stands at $275 billion. This suggests that the crypto markets have been largely stuck in a range for about a month.  Daily cryptocurrency market performance. Source: Coin360 As reported by Cointelegraph, Bitcoin (BTC) miners are holding on to their newly minted […]

More info

NFT Marketplace Opens Korea’s Multi-Billion Gaming Industry to Crypto

A Korean blockchain game company has launched a native NFT marketplace for Korea’s multi-billion dollar game sector. Korean Blockchain gaming company PlayDapp has launched a marketplace for non-fungible tokens (NFTs), offering Korea’s multi-billion gaming industry a native gateway into digital assets. Announced on June 8, the new platform, ‘PlayDapp MarketPLAce,’ advertises itself as providing free support for coin-to-coin trading between NFT-based in-game items. Koh Kwang-Wook, a founding member and former CTO of Item Bay, an early online brokerage platform for in-game items, led the development of PlayDapp’s […]

More info

Law Enforcement Is Starting to Make Criminals Doubt the Dark Web

Trend Micro reveals dwindling confidence among darknet users in marketplaces due to security concerns. A new study revealed that the dark web marketplace users are starting to lose trust due to the authorities’ crackdown and “current volatility” within the landscape, which results in instability for the darknet sites to establish a fixed presence. According to cybersecurity company Trend Micro on June 7, crackdowns on marketplaces Dream Market, Wall Street Market, Valhalla and DeepDotweb have generated uncertainty among users regarding the unstable security infrastructure that dark web sites […]

More info

Set to Grow, India’s Crypto Industry Must First Toil Tough Ground

Several factors make India the hallmark country for crypto adoption. Experts, however, agree that several challenges still stand in the way. Over the past few months, India’s cryptocurrency market has continued to be in a constant state of flux. From crypto bans imposed by the country’s central bank to a historic ruling by its Supreme Court to lift that ban, for most onlookers it appears that India’s crypto market has experienced a rebirth. A recent industry report put together by exchange OKEx and research platform Coinpaprika indicates […]

More info
1 2 3 4