Li.Fi releases incident report following $11M hack

Venezuela will soon sell oil from reserves of a state-run oil and gas company for its national oil-pegged cryptocurrency, the Petro (PTR).Venezuelan President Nicolas Maduro has signed a decree to sell 4.5 million barrels of oil from the certified 30 million-barrel reserve maintained by Petroleum of Venezuela (PDVSA), the state-owned company officially announced on Jan.…

Due to the Coronavirus outbreak in China, the government has taken a series of measurements to keep the situation under control. Businesses are being affected across the nation. With the existing quarantine control, people are staying right at where they are and not be able to return to their work. A mining farm, in particular, is…

As many as 50,000 servers worldwide have allegedly been infected with an advanced cryptojacking malware that mines the privacy-focused open source cryptocurrency turtlecoin (TRTL). The news was revealed in an analysis by international hacker and cybersecurity expert group Guardicore Labs on May 29.As reported, cryptojacking is an industry term for stealth crypto mining attacks which…

The NFT sector took the world by storm in 2021 as crypto and corporate sector influencers, globally recognized companies and popular sports teams embraced the growing digital collectible trend. After a brief sector-wide pullback which coincided with the market-wide declines seen beginning in May, the NFT sector roared back to life as collectibles like CryptoPunks, Pudgy Penguins and…

Brad Garlinghouse, CEO of Ripple, said the company would be interested in companies owned by FTX that serve business customers. 571 Total views 6 Total shares Ripple CEO Brad Garlinghouse is reportedly interested in buying certain parts of collapsed crypto exchange FTX.On the sidelines of Ripple’s Swell conference in London — was held on Nov.…

Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event. 63 Total views 1 Total shares The United States Federal Reserve Bank vice chairman spoke at the Philadelphia Fed’s fintech event on Sept. 8 about the central bank's role in financial innovation. Research and

According to a senior advisor at consultancy firm McKinsey, John Straw, blockchain could make the City of London irrelevant in the near future. He made the claim at a Computing.co.uk Live Event on Oct. 24. Straw added that this could result in a breakdown of the United Kingdom’s tax system, and ultimately the demise of the…

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dYdX announces updates to its chain, including a master liquidity pool that will provide liquidity for all markets across its network.