Telegram bot Banana Gun’s users drained of over $1.9M
So far, at least 36 victims suffered losses amounting to nearly $2 million worth of Ether.
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Europe’s Top Miners Share Local Industry Insights
A report compiled by non-profit research institute, dGen, has found that European crypto miners believe that the region’s higher electricity prices when compared to China and Russia are offset by political stability, robust regulation, and strong protections.The study also found that many miners based in Europe feel prepared for the Bitcoin (BTC) block reward halving,…
Chilean Peso stablecoin goes live on Stellar Network
Chilean Peso-pegged stablecoin CLPX launched on Stellar this week, and is hoping to gain traction in the remittance and copper markets. 1314 Total views 5 Total shares A new stablecoin pegged to the value of the Chilean Peso is now live on the open-source Stellar payments network — but is yet to prove popular with…
Hackers have started using AI to churn out malware
Researchers at HP found a malware program written by generative AI “in the wild” while investigating a suspicious email.
XRP price rallies 91% in a month due to 3 fundamental factors
In the past month, the price of XRP rallied 91% as the digital asset at last found some spark and is now playing catch up with Bitcoin (BTC) and Ether (ETH). The likely catalysts for the XRP rally are the rise in unique addresses, buybacks from Ripple, and the possibility of a new product realease.XRP/USD weekly…
Malaysia: Domestic Finance Watchdog Seeks Public Feedback on ICO Regulatory Framework
The Securities Commission Malaysia (SC) has issued two consultation papers seeking public feedback on the regulatory frameworks for initial coin offerings (ICOs) and property crowdfunding. The request was noted in a press release published on the SC’s website Wednesday, March 6.The Malaysian SC, a statutory body responsible for the regulating and systematic developing of the…
Redditor Claims Miner Controls 50% BCH Hash Rate, Asks to De-List BCH
An unknown Bitcoin Cash (BCH) miner was apparently in control of more than 50% of the token’s hash rate for 24 hours.The miner seemed to mine 73 blocks from 10 am Oct. 24 to 10 am Oct. 25, to which Twitter user Notgrubles responded that this is the reason why “BCH is a security risk…
China’s National Crypto Similar to Libra, Central Bank Official Says
A top official at China’s central bank has confirmed that the country’s forthcoming digital currency will bear similarities to Facebook’s Libra token.The English-language website of the Hong Kong Economic Journal reported the news on Sept. 6, citing prior coverage by Shanghai Securities News, which is owned by the official Chinese state-run Xinhua News Agency.“We need…
Crypto.com secures regulatory approvals from Maltese authorities
The MFSA is finally issuing the first licenses formed under the crypto laws introduced in 2018. 361 Total views 1 Total shares Cryptocurrency exchange and debit card provider Crypto.com has scored major regulatory approvals from the Maltese government.According to a Nov. 24 announcement, the Malta Financial Services Authority, or MFSA, has granted Crypto.com two financial…