Category Archives: Crypto Daily

15-Year-Old Security Researcher Shares Ledger Wallet Exploit

Hardware wallet manufacturer Ledger has published a firmware update to remedy several security flaws. The exploits were independently found by a trio of white hat security researchers, one of whom, Saleem Rashid, is a 15-year-old British boy. The attack vector he discovered is hardware based, and is not limited to Ledger devices, making it difficult to mitigate altogether via software alone. Also read: Ledger Addresses Man in the Middle Attack That Threatens Millions of Hardware Wallets Ledger at Loggerheads with Security Researcher Who Found Flaw On March […]

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Court Orders Telegram to Hand Russia Its Encryption Keys

Telegram has lost a court battle against handing its encryption keys to Russian security services. The messaging platform, which forms a pivotal network for the cryptocurrency community, has said it will appeal to the Supreme Court in a bid to prevent Russia obtaining the private data of millions of users. Also read: Some of Bitcoin’s Earliest Adopters Find it Difficult to ‘Cash Out’ Telegram Battles for User Privacy Supreme Court Judge Alla Nazarova today rejected an appeal filed by Telegram, objecting to Russia’s Federal Security Services (FSB) obtaining […]

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Op Ed: The Many Faces of Sharding for Blockchain Scalability

Any programmer who has ever sat down to build a DApp at one point has had to think about the limits of current public blockchains, the most important and obvious one being their limited throughput, i.e., the number of transactions processed per second. In order to run a DApp that can handle real-world throughput requirements, blockchains must become scalable. One answer to blockchain scaling is sharding. Sharding promises to increase the throughput by changing the way blocks get validated by the network. The key feature of sharding […]

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PR: WBF – ‘Blockchain Set to Heat up Dubai’

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. With less than a month to go, Blockchain enthusiasts move quickly to secure tickets to World Blockchain Forum Dubai, joining global crypto elite in the heart of the UAE. Final release begins April 1st. The Keynote team returns to Dubai for their […]

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Mark Carney: Cryptocurrencies Do Not Pose Serious Risks

When it comes to bitcoin and cryptocurrencies, Mark Carney, governor of the Bank of England and chairman of the Financial Stability Board (FSB), is known for being a harsh critic. Though Carney has praised the technology behind cryptocurrency in the past, he has often referred to digital money as a “bubble,” claiming it has failed users and is “no substitute for cash” or credit cards. “The time has come to hold the crypto-asset ecosystem to the same standards as the rest of the financial system,” Carney told […]

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Second Life Creator: High Fidelity’s HFC Is a Social Cryptocurrency for VR

In December 2017, High Fidelity announced the launch of Avatar Island, a Virtual Reality (VR) space where High Fidelity users can purchase items for their avatars, all contributed by digital artists from around the world, and pay with High Fidelity’s own blockchain-based cryptocurrency, the High Fidelity Coin(HFC). High Fidelity is a next-generation platform for Virtual Reality (VR) worlds developed by Philip Rosedale, the creator of the once very popular Second Life. Despite a very promising start, Rosedale’s previous creation never achieved mass popularity. But perhaps Second Life […]

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Bill “On Digital Assets” Filed in the Duma, Disagreements Resolved

The draft-law “On digital financial assets” aimed at regulating crypto-related matters in Russia has been officially filed in the State Duma on Tuesday. Disagreements between the Central Bank and the Ministry of Finance have been resolved, according to Deputy Finance Minister Alexei Moiseev. The CBR will have the final say in regards to the circulation of cryptos in the Russian Federation.   Also read: Lawsuit Challenges Google’s Ban on Crypto Ads in Russia The Law Regulates ICOs and Crypto Mining The bill expected to regulate cryptocurrencies, initial […]

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Mainstream Media Reports of “Blockchain Elections” in Sierra Leone Are All Fake News

The hype around so called applications of “blockchain technology” is nothing new, as many people have successfully used it to get free publicity for themselves, riding the coattails of Bitcoin’s success. But while it so far was limited mainly to promoting ICO tokens and inflating stock prices, now it seems to have crossed a border into political affairs. Today the people behind the election process in the African nation of Sierra Leone had to publicly come out to correct the record about “the world’s first blockchain elections.” […]

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No, ”Elon Musk” on Twitter Is Not Giving Away Any Cryptocurrency

A British news agency teamed with Chainalysis to uncover just how rampant cryptocurrency Twitter scams are and the methods employed. Using well-regarded tech personalities such as Elon Musk, tens of thousands of dollars have been swiped from unsuspecting admirers.   Also read: Bitcoiners Demand More Crypto CFDs and Spread-Betting in the UK No, Elon Musk Is Not Giving Away Crypto Senior developer at Chainalysis, Alvaro Sevilla, explained: “The differences in the way these funds are being handled, such as different withdrawal patterns and the use of different exchanges, […]

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What Big Tech’s Ban Might Mean for Cryptocurrency Advertising

Following Facebook’s lead, Google has announced it will ban all cryptocurrency advertising on its platforms by June 2018. This restriction applies to all Google-owned platforms including YouTube and any websites where Google sells digital ad space. On Sunday, March 18, 2018, Sky News reported Twitter will ban a range of cryptocurrency advertising by April 2018, including advertising for initial coin offerings, cryptocurrency wallets and some cryptocurrency exchanges. Twitter has not publicly communicated the ban nor has it denied the report. As Matthew Frankel with the Motley Fool […]

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