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Hackers Used Microsoft Email Accounts To Steal Users’ Cryptocurrency, Report

Hackers Used Microsoft Email Accounts to Steal Users’ Cryptocurrency, Report

In worsening news for users of Microsoft’s email services like Outlook, Hotmail and MSN, several cryptocurrency holders affected by a recent hack allege that the hackers responsible stole their crypto, as reported by Vice’s Motherboard on April 29.  One victim claimed on a Dutch tech forum to have lost just over 1 bitcoin (BTC), or almost…
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FedEx Executive Advocates For Industry Blockchain Standards

FedEx Executive Advocates for Industry Blockchain Standards

Rob Carter, the chief information officer of American delivery services company FedEx, has called for uniform standards in the blockchain industry, tech-focused media outlet Computerworld reported on April 25.Speaking at the Blockchain Global Revolution Conference, Carter argued that mandated standards would help create uniformity for blockchains used in supply chains. He also noted the technology’s…
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‘Cryptokicks’: What We Know About Nike’s Potential Gateway Into Crypto

‘Cryptokicks’: What We Know About Nike’s Potential Gateway Into Crypto

Nike, the United States footwear and clothing behemoth, has recently joined the ranks of mainstream corporations that are considering entering the field of cryptocurrencies, currently spearheaded by the likes of Facebook and Starbucks.A document filed with the U.S. Patent and Trademark Office (USPTO) surfaced online earlier this week, revealing Nike’s intention to launch “cryptokicks” —…
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Canadian Regulator Introduces New Rules For Crypto Mining

Canadian Regulator Introduces New Rules for Crypto Mining

Régie de l’énergie, the energy regulator of the Canadian province of Quebec, has released new rules for cryptocurrency miners. The development was announced by major Canadian electricity provider Hydro-Quebec on April 29.Under the new regulations, the Régie de l’énergie has ordered power producer Hydro-Quebec to allocate 300 megawatts (MW) to the blockchain industry. “This 300…
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Number Of Infected Electrum Bitcoin Wallets Reaches 152,000

Number of Infected Electrum Bitcoin Wallets Reaches 152,000

The number of infected Electrum bitcoin (BTC) wallets has reached 152,000 following an ongoing Denial-of-Service (DoS) attack on its servers. The development was reported by anti-malware software firm Malwarebytes in a blog post on April 29.Malwarebytes discovered that the number of infected machines in the botnet has amounted to as high as 152,000, with the…
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Fundstrat’s Tom Lee Predicts New All-Time Highs For Crypto By 2020

Fundstrat’s Tom Lee Predicts New All-Time Highs for Crypto by 2020

Fundstrat Global Advisors founder Tom Lee has predicted that cryptocurrency prices will hit new historic highs by 2020. Lee delivered his comments during an interview with CNBC on April 28.In the interview, Lee forecasted that bitcoin (BTC) has not completed its upward movement and will likely reach new all-time highs around 2020 based on “11…
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Report: Australians Lost Over $4 Million To Crypto Scams In 2018

Report: Australians Lost Over $4 Million to Crypto Scams in 2018

The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6.1 million AUD ($4.3 million USD) lost to crypto criminals. This marks a substantial rise from the $2.1 million AUD ($1.48…
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Novogratz’s Galaxy Digital Crypto Fund Lost $272.7 Million In 2018

Novogratz’s Galaxy Digital Crypto Fund Lost $272.7 Million in 2018

news Galaxy Digital Holdings, the crypto merchant bank founded by former hedge fund manager Michael Novogratz, lost $97 million in the fourth quarter, according to financials disclosed Monday. The net loss widened from $76.7 million in the third quarter and from about $100,000 a year earlier, according to the filing with Canadian securities regulators. (Last…
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