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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Crypto VC funding hits $2.7B in Q2, Tron may be ‘most profitable blockchain’ — Finance Redefined
Crypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun.
Ether staking is too difficult, community members claim
Some are arguing that it would be healthy to admit that Ether staking is not for everyone yet. 158 Total views 4 Total shares After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some community members believe that the staking…
The secret of pitching to male VCs: Helping female crypto founders blast off
Bridget Greenwood is the founder of The Bigger Pie, a U.K.-based networking organization that supports women in blockchain globally. She says that even venture capitalists with the best intentions still end up funding male founders at disproportionate rates. “I stumbled over the appalling statistic that of all VC funding [in the U.K.], only 3% goes…
BitGo settles with US Treasury over sanctions violations in Iran, Syria and Cuba
The settlement repeats the Treasury's message that crypto companies will need to know their customers. 926 Total views 6 Total shares The U.S. Treasury has settled with BitGo over charges that it facilitated users in sanctioned areas to transact using its crypto wallet services between 2015 and 2019.BitGo, an institutional crypto custodian service and wallet…
Elon Musk impersonators make bank as crypto scammers’ profits surge
Scammers are impersonating Elon Musk and other prominent crypto figures to dupe naive investors out of their coins at an accelerated rate. 6000 Total views 18 Total shares The United States Federal Trade Commission has found that crypto scammers’ profits spiked in the last two months, noting a surge in fraudulent impersonators posing as prominent…
Law Decoded: Big Tech, Central Banks and the Hunt for Monopolies, July 24-31
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s noteThe concept of monopoly will reign in today’s Law Decoded. As a fundamental principle, blockchain technology is about distributing both inputs and outputs of information securely. In its still very young lifecycle, the technology has proven…
Can cryptocurrencies be frozen on a blockchain?
Frozen funds in crypto, explained Frozen funds typically mean access to such funds has been restricted or temporarily halted.Several factors, such as technological errors, security precautions, disagreements, investigations and regulatory compliance, can lead to such circumstances. So, can a crypto exchange freeze your account?If exchanges or financial institutions suspect fraudulent activity or money laundering related