Chainalysis, a blockchain analytics firm, has released a report regarding malware targeting the crypto sector. The report noted that cybercriminals were using ‘less sophisticated malware to attack individuals. Different types of malware are used to conduct unauthorized activity on a victim’s phone or computer. The Chainalysis report did not include ransomware, a type of malware …
Continue reading “Chainalysis exposes simple malware stealing millions in crypto”
A senior executive at the tech firm building the Avalanche smart contract platform is optimistic that the crypto industry will continue to enjoy growth and adoption. Ava Labs president John Wu says in a Fox Business interview that cryptocurrency adoption is growing despite a recent report by payment processor BitPay revealing that the Bitcoin (BTC) …
Bloomberg senior commodity strategist Mike McGlone says that crypto assets will likely see a correction along with an imminent pullback in the stock market. In a new interview with The Wolf of all streets host Scott Melker, McGlone says that cryptocurrencies are risky assets, but he expects Bitcoin (BTC) and Ethereum (ETH) to come out …
The 1inch Network announced on Wednesday its plans to deploy the 1inch Aggregation Protocol on Avalanche and the 1inch Limit Order Protocol on Gnosis Chain, formerly known as the xDai Chain. In a statement shared with Cointelegraph, the 1inch Network expressed its aim to further expand its capabilities within the decentralized finance, or DeFi, industry. 1/ …
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In a report published on Thursday, the Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining. The report titled “Cryptocurrencies: Trends, risks, measures” compares cryptocurrencies to a Ponzi scheme and calls for a complete ban on their use throughout Russia. The authors claim that cryptocurrencies are highly volatile …
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Multinational tech conglomerate Meta is reportedly diving into nonfungible tokens (NFTs) by integrating a feature that will let users show off their NFTs on their Facebook and Instagram profiles. According to the report, Meta is currently working on prototypes that will allow users to mint collectible tokens. Meta is also discussing potentially launching a marketplace …
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The competition among the computing networks is warming up, with decentralized players coming into the stage with backing from the crypto ecosystem. Decentralized storage and computing network Aleph.im completed a $10 million funding round led by Stratos Technologies. Zeeprime, NOIA Capital, Theia, Bitfwd Capital, Token Ventures and Seven Capital have contributed to the funding, among …
Continue reading “Aleph.im raises $10M to develop censorship-resistant data storage”
BTC Price Faces Rejection at $42.7k as Bitcoin Risks $39.6k Low– January 20, 2022 Bitcoin’s (BTC) price is in a downward correction and it is below the moving averages as Bitcoin risks $39.6k Low. At the bottom of the chart, the bulls are attempting to keep the BTC price above $43,000 high but could not …
Non-fungible tokens (NFTs) have grown in leaps and bounds since the beginning of 2021. Despite breaking into the blockchain limelight just a year ago, NFTs have recorded over $15 billion in total recorded sales, pointing to a bright future. In the multitude of digital assets on offer, identifying top NFT cryptocurrency to invest in can …
Continue reading “5 Top NFT Cryptocurrency to Invest in Now – January 2022”
The US Securities and Exchange Commission (SEC) has been vigilant in regulating the cryptocurrency sector. A recent report shows that since 2013, the commission has issued around $2.35 billion worth of penalties against players in the digital asset sector. The report released by Cornerstone research on January 19 is titled “SEC Cryptocurrency Enforcement: 2021 Update.” …
Continue reading “SEC charged crypto-related penalties worth $2.4B between 2013 and 2021”
UnionBank, one of the largest banking institutions in the Philippines, is launching crypto services. The bank has become the latest client of Metaco, an enterprise crypto platform that offers several digital asset services, including security, trading, issuance and management. UnionBank was founded in 1982, and it currently has around $15 billion in assets under management …
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El Salvador is going even more bullish on Bitcoin. With Bitcoin already being accepted as legal tender in the country, the government is exploring more ways where Bitcoin can be implemented into the financial system. The advisor to the Salvadoran government, Monica Taher, was speaking in a Facebook Live Audio session, with the discussion revolving …
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With the exponential surge in the demand for cryptocurrencies, globally-acclaimed multinational firms have started venturing into the space with product expansion focused on crypto projects. The latest to join the league is one of the world’s biggest software companies, Google is all set to explore crypto with its online payment channel, Google Pay. With a …
Continue reading “Google Pay recruits PayPal to carry crypto payments venture”
A company’s foundation and principles outline managing business activities in an organizational structure. Small business owners are usually in charge of developing the company’s organisational structure, which is often a reflection of the owner’s personality, management style, and characteristics. There are two sorts of organizational structures to choose from: decentralized vs. centralized. For business …
Continue reading “Decentralized Vs. Centralized: A Detailed Comparison”
Well, in the times when cryptocurrencies are widely considered to be a risky investment, getting lucky with a Super Jackpot victory is undoubtedly the most rewarding feeling ever. On January 17, 2022, an individual Ether miner got lucky as they managed to mine an entire block when operating on the 2miners Ethereum SOLO pool. The …
Continue reading “Ether miner hits jackpot earns $540K block reward”
