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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The crypto compliance lie: Sacrificing privacy does not make us safer
In the last month, we’ve seen the United States Federal Reserve come after BitMEX for failing to identify customers, crypto intelligence firm CipherTrace report that most crypto exchanges are not collecting enough user info, and the so-called “FinCEN Files” demonstrate that even large banks that collect and report vast troves of suspicious transactions are not…
Most Music Listeners Would Pay for Music with Crypto to Help Artists
The survey revealed that 65% of eMusic customers would use cryptocurrency to allow artists to receive a larger music revenue split. 548 Total views 1 Total shares A survey conducted by pioneering digital music store eMusic revealed that most of their service’s users were open to paying with crypto if it allowed artists to earn…
Yearn.finance pleads arb traders to return funds after $1.4M multisig mishap
A Yearn contributor said the value lost came from “strictly protocol owned liquidity” in the protocol’s treasury and that customer funds weren’t impacted. Decentralized finance protocol Yearn.finance is hoping arbitrage traders will return $1.4 million in funds after a multisignature scripting error, resulting in a large amount of the protocol’s treasury being drained.“A faulty multisig
Norwegian Bitcoin Millionaire Jumps From Balcony to Flee Armed Burglar
The case of an attempted robbery that ended with a cryptocurrency multimillionaire jumping from his second-floor balcony will be heard in Norwegian courts next month.Local broadcaster TV 2 reported on Sept. 8 that the victim was an individual in his 40s who had been in the public spotlight for having made his 100 million NOK…
How Zero Interest Rates in the US Will Impact Stablecoin Adoption
We are living through interesting times. At the time of writing, roughly half of the world’s population is on lockdown, with 90 countries in various forms of confinement and the pandemic crashing global stock markets.Although we’ve seen some relief in certain parts of the world, the pandemic is far from over, and there is a…
Greenpeace: Bitcoin energy problem speaks to wider challenge for internet’s future
Greenpeace USA spoke to Cointelegraph about the organization's perspective on cryptocurrency and recent decision to scrap its Bitcoin donations channel. 8160 Total views 7 Total shares With the hindsight of today's perspective on Bitcoin's (BTC) exorbitant energy consumption, it might come as something of a surprise to learn that the international non-governmental environmental organization Greenpeace was…
Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’
According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not financially impacted” by recent events. 1784 Total views 7 Total shares In one of his first public statements since rumors and concerns about FTX’s insolvency flooded the crypto market, CEO Sam Bankman-Fried, or SBF, has…
Swedish Foreign Minister Urges Ukraine to Investigate $70 Million Bitcoin Fraud
The Swedish government is reacting to an alleged Bitcoin fraud scheme that targeted vulnerable people in Sweden, Australia, New Zealand and the U.K.Ukrainian officials were informed of the allegations in a meeting on March 2, according to an Organized Crime and Corruption Reporting report published on March 3.Foreign policy consequences of the fraudSwedish Minister of…