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Nalezeno "Q3 report": 5520

'Exclusive Mining' Can Be Used for Money Laundering & Tax Evasion - Report


Source: Adobe/Galina_lya Cryptoasset miners are incentivized to keep transactions secret, said a recent paper, warning that the type of mining called "exclusive" allows them to do so while it can also be used for tax evasion and money laundering. "The authors observe that blockchain...

Research: New Malware Employs Tor and Bittorrent To Steal Bitcoin and Ether


A new trojan called Krypto Cibule uses infested computers’ power to mine cryptocurrency, steal crypto wallet files, and redirect incoming digital assets to a hacker address. The malware rides on the Tor network and the Bittorrent protocol to perform attacks, according to an extensive report...

Privacy Options Underutilized in Cryptocurrency Usage: Report


Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s...

Biggest Darknet Market Allegedly Exit Scams USD 30M In Crypto - Report


Leading darknet market Empire Market has reportedly shut down its operations, exit scamming the site’s estimated 1.3 million users out of some bitcoin (BTC) 2,638, worth close to USD 30 million. Reported by dark.fail, a journalist specialized in covering the darknet, the development comes with...

Crypto Exchanges as Competitive as Google, JPMorgan, the Fed - Report


Business is booming for crypto exchanges, per a new report, which claims that the industry is becoming as competitive as tech giants, major banks – and even the American central bank. These were the findings of a paper from Coin Metrics, whose authors wrote, “The crypto industry, and exchanges...

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