Malware exploits weak passwords in PostgreSQL for cryptojacking
Up to 800,000 internet-connected databases could be vulnerable to crypto-mining malware that will use their computing capacity.
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Balaji pays out his crazy $1M Bitcoin bet, 97% under price target
The former Coinbase exec settled the high profile wager 45 days ahead of time but remains convinced that a “fiat crisis” is inevitable. 3416 Total views 12 Total shares Own this piece of history Collect this article as an NFTA $1 million Bitcoin (BTC) price bet has been closed out 97% under its target price,…
Korea’s LG Launches Blockchain Supply Chain Platform For School Lunches
LG CNS, a subsidiary of South Korean multinational conglomerate LG Corp., will apply blockchain to foster supply chain transparency for school cafeteria lunches. The news was reported by business technology site ZDNet on July 9.The new system — created in collaboration with local IT service provider SayIT — will be based on LG’s proprietary blockchain…
Rothschild Investment Corp snaps up quarter of a million shares in Grayscale ETH Trust
Rothschild Investment Corp, has acquired more than 250,000 shares in Grayscale’s ETH trust, and added 8000 shares to its BTC trust holdings — however the firm holds zero ties to the famed Rothschild family dynasty. 538 Total views 12 Total shares Chicago-based financial institution Rothschild Investment Corp, has acquired 265,302 shares in Grayscale’s ETH trust,…
Cryptocurrency Loans Company Genesis Processes $550 Million in First Six Months
Institutional cryptocurrency over-the-counter (OTC) broker Genesis Global Trading revealed its loans spin-off processed over half a billion dollars in its first six months in a new report Thursday, Oct. 18.Genesis, which began its digital asset lending activities in March, revealed its current order book consists of $130 million in outstanding loans, a figure which has…
‘It’s happening’ — 5 Ethereum ETF bidders amend SEC filings
Five U.S. asset managers bidding for an Ether ETF have amended their 19b-4 filings with the SEC.
Signature Bank failed to understand risks associated with crypto: FDIC chair
A related report penned down by FDIC Chief Risk Officer cited poor management as “the root cause of Signature Bank’s failure.” 52 Total views 1 Total shares Investigations around the collapse of Signature Bank point toward illiquidity circumstances and poor management. However, the Federal Deposit Insurance Corporation (FDIC) chairman, Martin J. Gruenberg, believes that the…
Winklevoss’ Gemini Cryptocurrency Exchange Scores Another Security Qualification
The Winklevoss brothers' Gemini cryptocurrency custodian and exchange has obtained a new security qualification, SOC 1 Type 1. 1322 Total views 47 Total shares The Winklevoss brothers' Gemini cryptocurrency custodian and exchange has obtained a new security qualification, SOC 1 Type 1.According to an April 21 blog post by the company’s head of risk, Yusuf…
ETC Labs startups can now access automated transaction tracking
Regulatory compliance requirements are becoming increasingly important. Ethereum Classic Labs, the entity behind the Ethereum Classic (ETC) asset, and blockchain analysis outfit Chainalysis have joined forces.Aside from its work on ETC-related technology, ETC Labs also operates an accelerator wing for backing and helping startups in the crypto industry. Thanks to an alliance with Chainalysis, these…