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US Sanctions Russians Allegedly Using Cryptocurrency to Influence Presidential Election
12.9.2020
The U.S. has sanctioned several Russian nationals, a Ukrainian lawmaker, and their cryptocurrency addresses for interfering with the country’s electoral process. The Russians are allegedly employees of a troll factory that previously targeted presidential candidates. Operations to Interfere...
Huge ‘Bitcoin Tram’ Ad Campaign and 20 Billboards Flood Hong Kong’s Financial District
12.9.2020
A massive Bitcoin ad campaign has launched in the heart of Hong Kong’s financial district, featuring three Bitcoin trams and 20 matching billboards. It is a community initiative coordinated by the Bitcoin Association of Hong Kong, an organization with more than 5,000 members. The Bitcoin Tram...
Working in the Cryptocurrency Industry as a Woman
12.9.2020
It seems there is a lot of turmoil happening in the world, as the year 2020 keeps giving and giving. From natural disasters, a global pandemic, and race wars and riots, everyone is wondering what will happen next. However, something happened earlier this year that resonated with me personally,...
European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
12.9.2020
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing...
SLP Trading Platform Cryptophyl Plans to Change Into a Noncustodial Defi Exchange
12.9.2020
The U.K.-based Simple Ledger Protocol (SLP) exchange Cryptophyl is closing its doors in order to restructure into a decentralized finance (defi) platform. Cryptophyl has revealed the trading platform will officially go offline on September 21 and is asking customers to withdraw before that period....
Sushiswap Creator Returns $14 Million After Community Cries Exit Scam
11.9.2020
One week after the Sushiswap creator was accused of an exit scam, he has returned all of the coins he cashed out. The anonymous creator also apologizes to the community, including to Binance which came under fire for listing the sushi token. Sushiswap Creator Says ‘Sorry’ The creator...
‘North Korean’ Hackers Target Crypto Exchanges, Spread Viruses in Word Doc
11.9.2020
Pyongyang. North Korean hackers are “using fake job offer emails to dupe crypto exchange employees,” warned security experts – and Pyongyang-aligned cyber-terrorists are causing “damage” by circulating “malware-ridden MS Word documents” south of the 38th Parallel.
Gina Kim, an IT security...
The $700 Million Wallet Crack: Bitcoin’s 7th Largest Address Is Under Constant Attack
11.9.2020
During the last two years, hackers have been trying to crack the seventh-largest bitcoin wallet, an address that holds 69,370 BTC or $712 million using today’s exchange rate. According to the CTO of the cybercrime intelligence firm, Hudson Rock, the wallet is being publicized on hacking...
Hackers Set Sights on Over USD 700m Bitcoin Wallet That Might Also Be Empty
11.9.2020
Source: Adobe/wsf-f
Hackers from across the globe have stepped up their efforts to break into a bitcoin (BTC) wallet that is thought to hold more than USD 700 million worth of crypto.
The wallet could be the seventh most valuable in the world and holds BTC 69,370 (USD 714m), per BitInfoCharts data....
Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T
11.9.2020
A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after...
IRS to Pay $625K to Crack Monero, Crypto Proponents Scoff at Contract
11.9.2020
The U.S. Internal Revenue Service (IRS) wants to pay a contractor $625,000 if they can crack layer-two privacy schemes and the privacy-centric crypto asset monero (XMR). The tax agency says that the entity has “limited investigative resources” for tracing these types of cryptocurrency...
Bitcoin and Altcoins at a Potential Turning Point
11.9.2020
Bitcoin price failed to clear the USD 10,500 resistance and it retreated lower. BTC is currently (08:30 UTC) trading above the USD 10,200 support and it could bounce back in the near term. To start a convincing upward move, the price must gain bullish momentum above USD 10,500.
Similarly, most...
European Crypto Exchange Hacked for $5.4 Million in Bitcoin
11.9.2020
Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said. Hot wallets are active digital asset accounts connected...
Defi Project Yfdex.Finance Vanishes With $20M Investors’ Funds Just Two Days After Launch
11.9.2020
Yfdex.Finance (Yfdex), a new liquidity mining pool, has reportedly exit scammed, making off with up to $20 million of investors’ funds. The decentralized finance (Defi) project convinced people to hand over their life savings following just two days of aggressive marketing on social media...
Despite Warnings from Regulators, the Ethereum Fueled Pyramid Scheme Forsage Thrives
11.9.2020
While Ethereum has seen a number of benefits from the decentralized finance (defi) movement and initial coin offerings (ICOs), more recently individuals have been leveraging ether for pyramid schemes and matrix cycler programs. One particular scheme crypto enthusiasts are discussing these days...
New DeFi Project Xfinance(XFI) ILO Presale Will Start Today
10.9.2020
As the cryptocurrency world is experiencing rapid growth, decentralized finance (DeFi) platforms are also rising. In early 2019, there were only $275M of crypto collateral in the DeFi economy than the current $5 Billion+; this represents the massive adoption of this platform. XFI Presale Xfinance...
Mastercard Launches Digital Currency Testing Platform for Central Banks
10.9.2020
Mastercard has launched a digital currency testing platform aimed at helping central banks test their digital currencies. The system will also demonstrate how consumers can use central bank digital currencies to pay for goods and services wherever Mastercard is accepted worldwide....
Bitcoin News Roundup for Sept. 10, 2020
10.9.2020
With bitcoin lawsuits in the news and SushiSwap's migration completed, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
South African Crypto Exchange Luno Expanding Globally After Acquisition by Digital Currency Group
10.9.2020
Digital Currency Group has acquired South African cryptocurrency exchange Luno, which has more than five million customers in over 40 countries. The acquisition will help Luno expand globally, including across its existing markets in Africa, Europe, and Asia. DCG Committed to Helping Luno Expand...
Ticino Blockchain Technologies Association Has Been Established
10.9.2020
Lugano, 10 September 2020 – The Ticino Blockchain Technologies Association aims to promote research and support innovative companies active in the Blockchain sector, as well as to promote academic studies of this new technology, thanks to the participation of USI (University of Southern...