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The U.S. Department of State is paying an additional $5 million to anyone who can provide information leading to the arrest or conviction of any individual in any country “conspiring to participate in or attempting to participate in a DarkSide variant ransomware incident.” The U.S. Department of State is offering a whopping $10 million reward […]
THORChain tweeted that “The hacker deliberately limited their impact, seemingly a whitehat.” There is a second data breach in THORChain’s security system. For your information, THORChain is a cross-chain DeFi protocol that was hacked last week for the first time and suffered a loss of $8.3 million. Now it has been hacked again, and this […]
The original DarkSide ransomware gang had quit its operation last month after the attack on Colonial Pipeline. In May 2021, the DarkSide ransomware group targeted Colonial Pipeline, the largest fuel pipeline in the United States. The attack was so severe that it shut down 5,500 miles of pipeline along the East Coast. As a repercussion, […]
Cryptocurrencies such as Bitcoin have been gaining more and more public attention over recent years. Now, the digital currency industry has hit Hollywood with the upcoming crime thriller “Crypto.” While this is not the first cryptocurrency movie ever made, it is the first movie that will be making a debut in the Hollywood scene and […]
Many investors that want to enter the cryptocurrency market have never traded any form of a financial instrument before. Most of them, however, have some form of knowledge of the stock market. Using lessons learned from the stock market and applying them on the cryptocurrency market is not necessarily a smart move though. This blog […]
Author: Marshall Taylor Blockchains and their cryptocurrencies are energetically following a path similar to other major leaps in technology that have come before it. Like automobiles, electricity, or the world wide web, the technology and communities behind blockchain tech are growing and innovating far ahead of existing regulations or social safety nets. On one hand, […]
Author: David Hamilton The banking system is inefficient in its current state as it requires the use of multiple third-party verifications and transferring services in order to complete a transaction. Blockchain can alleviate the need for these organizations and provide the world with a viable solution to the inherent problems facing the banking community. Blockchain is transforming the way […]
Author: Cole Gibson Before it became intertwined in the controversy surrounding Facebook’s misuse of data, Cambridge Analytica was planning to raise funds for a new digital currency. According to sources at Reuters, the firm was looking to raise as much as $30 million for their cryptocurrency project. Brittany Kaiser, former employee of Cambridge Analytica, stated […]
Interview: Aragon’s Luis Cuende on Blockchain Governance & Digital Jurisdictions Author: Bennett Garner Bennett Garner: You’ve said “humans enforce contracts by giving away freedom.” Could you explain what you mean by that in the context of Aragon? Luis Cuende: Basically when you enter a social contract, you are agreeing to give away some of your […]
Author: Colin Harper If you’ve ever dealt in Bitcoin, you may have suffered through hour-long (or at worst, day-long) transaction times. It’s becoming commonplace for Bitcoin to have backlogs of 150k+ unconfirmed transactions at times of high transaction volume, and when we couple this with its exorbitant fees, it’s a wonder how you’re ever gonna […]
Author: Colin Harper Litepay, a Litecoin-specific payment processor, is closing up shop–until it finds a buyer, that is. According to a blog post released today by the Litecoin Foundation, Litepay CEO Kenneth Asare is ceasing all operations in preparation to sell the company. The post continues to convey that, prior to the company’s closure, Asare […]
Author: Alex Moskov What is Litecoin? Litecoin (LTC) is a decentralized peer-to-peer cryptocurrency that was released on October 7th, 2011 and went live on October 13th, 2011. The silver to Bitcoin’s gold. Bitcoin’s little brother that doesn’t get out much. These are just a few of the things you might hear being tossed around when […]
Bitcoin is breaking every record—after gaining 20% jump last week, Bitcoin price just crossed the $14,800 mark in less than 24 hours—and there can be no better reason for hackers to put all of their efforts to steal skyrocketing cryptocurrency. NiceHash, the largest Bitcoin mining marketplace, has been hacked, which resulted in the theft of […]
A newly discovered Trojan called “CryptoShuffler” stole around $140,000 from cryptocurrency wallets by replacing the Original Wallet address with another and transfer into attacker wallet. Once CryptoShuffler spots the address of a cryptocurrency wallet, it will intrude the victim’s wallet at the time of transaction and replace the attacker wallet address. as a result, the […]
In a tale as old as time, the United States and Russia are at it again. Alexander Vinnik, the founder of a cryptocurrency exchange website called BTC-e, was recently ordered to be extradited to the U.S. at their government’s request. However, Vinnik, who is a citizen of Russia, chose to fight against the extradition request […]