Attacker Installs Crypto Mining Malware on Over 170,000 Devices

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news View Bitcoin closed below $9,614 on Tuesday, confirming a bearish reversal on the daily chart. The invalidation of bullish higher-lows pattern is backed by bearish developments on the short-term charts. Prices risk falling to $9,097 (May 30 high) in the next 24 hours. A close below that would expose the 100-day moving average line,…

The new venture is expected to increase revenue and "optimize" its product offering structure. (Ebang)Feb 17, 2021 at 8:48 p.m. UTCUpdated Feb 17, 2021 at 9:03 p.m. UTCMining Machine Manufacturer Ebang to Start Mining Bitcoins for ItselfNasdaq-listed mining machine manufacturer Ebang (EBON) announced its plans to start mining bitcoins using its own machines. Per a…

news Tadge Dryja, who co-authored the original paper underpinning bitcoin’s experimental lightning payments network, has released a new research paper outlining a proposed scaling solution that he’s been working on for the past year. Released Monday, Utreexo would make the part of bitcoin full nodes called the “state” (also known as the “UTXO set”) smaller…

Dec 10, 2020 at 2:42 p.m. UTCUpdated Dec 10, 2020 at 3:02 p.m. UTCJPMorgan Completes Live Blockchain Repo Trade Ahead of New Product LaunchInvestment bank JPMorgan says it has completed a live intraday repo transaction using a blockchain solution that will soon see a commercial launch.The repo trade was carried out between JPMorgan’s broker-dealer and…

news Crypto custodian BitGo says it has passed an advanced security review by an outside monitor, claiming to be the first crypto startup to receive this level of certification. Specifically, the company got a SOC 2 Type 2 certification, a standard security audit performed by an outside monitor assuring that a company keeps its security…

May 12, 2020 at 23:52 UTCPhoto by Stephen Wheeler on UnsplashBlockchain Bites: Will Crypto See Any of the CBDC Action?Top ShelfThe world is growing more comfortable with the idea of digital assets, with several nations stepping forward today to discuss the designs of central bank digital currency (CBDC) programs. Speaking at Consensus: Distributed's Future of Fiat…

news New York City may begin testing blockchain technology for various use cases later this year. The New York City Economic Development Corporation’s (EDC) new Blockchain Center opened Thursday, and intends to begin testing the tech’s use cases next fall, Bloomberg reported Thursday. The center is part of a partnership with the venture capital fund FuturePerfect Ventures…

BlockFi CEO Zac Prince image via CoinDesk archivesCrypto lending startup BlockFi now supports litecoin and dollar-backed stablecoin USD Coin (USDC) on its platform, enabling users to earn interest on, trade and receive loans backed by the assets.The initial annual percentage yield on the assets will be 8.6 percent for USDC and 3.78 percent for litecoin. In…