Monthly Archives: June 2020

Massive Cyberattack on Australia Uses Cryptojacking Exploits

A report from the Australian Cyber Security Centre highlights a vulnerability related to attacks using cryptojacking malware. The Australian Cyber Security Centre said a group of “state actorsâ€� hacked Australian networks on June 19 and one of the vulnerabilities they exploited is related to cryptojacking malware attacks.  According to the 48-page report released on June 24, the threat actors exploited four critical vulnerabilities in Telerik UI, including CVE-2019-18935, which was recently leveraged by the Blue Mockingbird malware gang to infect thousands of systems with XMRRig, a Monero […]

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Blockchain Can Provide the Right to Privacy That Everyone Deserves

Blockchain technology can help to build a self-sovereign financial system where privacy belongs to the people. Contrary to popular belief, privacy is not for those with something to hide but with everything to lose. Authoritarian governments across the globe are increasingly using surveillance to control their citizens at the expense of personal freedoms and civil liberties. The privacy of one’s financial transactions is intricately linked to one’s personal liberty. Without privacy (and financial means), true freedom is at risk. We are rendered powerless to resist oppression. The […]

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Bolstering Separation of Money and State Following the 244th Independence Day

With the fourth of July approaching, many Americans will have to contemplate whether or not the holiday is an empty affair. After the last thirteen weeks of Covid-19 lockdowns, business shutdowns, and police brutality, the lack of liberty and freedoms in the U.S. has never been more apparent. With ideas like bitcoin and concepts that bolster secession, the day is coming when money is completely removed from the state, just as the state was separated from the church centuries ago. Roughly six days prior to the empty […]

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New Bitcoin Price Model Suggests ‘Exponential’ Bull Run in One Month

On-chain analyst Willy Woo published a new Bitcoin price model showing a new BTC bull run could begin in 30 days. Earlier this week on-chain analyst Willy Woo released a new price model for Bitcoin (BTC). The model identifies the start of exponential Bitcoin bull runs based on historical data. According to the model, Bitcoin may be just one month away from an official bull market. Will a BTC bull market begin in July? The price of Bitcoin was hovering around $10,000 in February before the coronavirus […]

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Innovation Grant Worth $15 Million to Encourage Asian Blockchain Startups

Singaporean blockchain developers Building Cities Beyond creates an innovation grant to encourage development on its ecosystem. Building Cities Beyond (BCB) Blockchain, a Singapore based tech solution company for smart cities, has launched an innovation grant, worth $15 million, to encourage development on its ecosystem, according to Fintech News Singapore. This innovation grant comes as the company announced partnerships with leading accelerators in Asia to incubate selected projects. Targeting Asian projects The BCB Innovation Grant is said to target up to 1,000 projects within Asia. The $15 million […]

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Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, BCH, XLM, LINK

Altcoins corrected as Bitcoin price dropped below $9,000, but traders buying the BTC dip could provide room for altcoins to recover. Coronavirus cases across the globe topped 10 million today and the number of new cases in the U.S. has risen to new records in the past few days. This has put the economic revival in jeopardy as equities markets could face selling pressure. Meanwhile, safe haven assets like gold continue to perform well.  Crypto market data daily view. Source: Coin360 Earlier this week Bloomberg analyst Mike […]

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Tezos Likely Avoiding SEC Action With $25M Class-Action Lawsuit Settlement

The consolidated class-action lawsuit against the Tezos Foundation appears likely to end in a $25M settlement which might forestall further SEC action. The Tezos (XTZ) class-action lawsuit from law firm Block & Leviton will likely conclude in a $25-million settlement on August 27. Tezos, like many initial coin offerings (ICO) from 2017, has come under scrutiny from both investors and regulators alike alleging that its token sale constituted an illegal offering of securities. Indeed, the U.S. Securities and Exchange Commission (SEC) has come down hard on numerous 2017-era […]

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Crypto Derivatives Might Drive a New Cycle of Mass Adoption

The lack of progressive jurisdictions in which a particularly attractive regime for regulating derivatives exists keeps crypto in a gray area, and it has to be changed. Like every maturing industry, the cryptocurrency market is experiencing extensive developments on many fronts. The potential continues growing every year — from the emergence of initial coin offerings, the first blockchain-based projects and speculation on Bitcoin’s (BTC) price to decentralized finance and central bank digital currencies. Crypto has never run out of hot topics. Now, in 2020, the crypto asset […]

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PayPal Crypto Rumors, RIP Wirecard, Telegram Settles: Hodler’s Digest, June 22–28

You might be able to buy crypto on PayPal soon, but it’s unlikely that you’ll be getting anything from Wirecard. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week PayPal is hiring crypto engineers amid rumors of Bitcoin integration There have been a lot of rumors surrounding PayPal this week. A […]

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Beyond In-Game Assets: Blockchain Gaming, DAOs, Guilds, and Ragequitting

“If the “real world” economy is run by centralized authorities who can change and adapt monetary policy on a whim outside public opinion or scrutiny, current video game economies are a microcosm of this behavior.” Many of the builders and investors in the blockchain space believe that the most compelling route to attracting users to the burgeoning crypto-economy is not upending the global financial order but something with significantly lesser stakes: gaming. And this reasoning makes sense. Both video games and cryptocurrencies feature virtual economies running on […]

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