It has been a troubling time for crypto exchanges over this past month. This time, Coinmama, a crypto broker based in Isreal, has announced that 450k email and passwords have been stolen and are up for sale on the dark web. They are currently working with cyber security teams to understand the scope of the […]
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Litecoin (LTC), has provided a most welcome boost the to the crypto markets, breaking a very painful downward trend. Litecoin (LTC) rallied 30% following news that Beam, had been approached by the Litecoin Foundation, to implement a privacy protocol. The protocol called Mimblewimble would add extension blocks to Litcoin (LTC) that would lead to improvements […]
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Coinbase, one of the worlds largest crypto exchanges, has announced that you can now earn the Basic Attention Token (BAT) by learning about its Brave browser. The Brave browser has a mission to fix what it sees as a broken web, by making it more secure, faster and private by blocking advertisement content. BAT is […]
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A memorandum of understanding has been signed between the Mexican government and Overstock’s Land registration division on the 4th of February 2019. In an article published by Nasdaq details about the agreement includes reference to a digital platform that will be developed to collect land registration information. Once all the information has been collected Overstock’s […]
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Following the sudden death of the Chief Executive Officer (CEO) Gerry Cotten, the founder of crypto exchange QuadricaCX, approximately $190 million CAD (Canadian Dollars) has been lost in cryptocurrency. As of the 18th of January 2019, the following balances were recorded in cold wallets: The full report details that have been released by Nova Scotia […]
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The refugee crisis seems to know no end. Predominantly stretching from the Middle East, South America (Venezuelan crisis) and right though to the boarders of Mexico and USA, the numbers of displaced families are continuously increasing. An interesting article by Forbes has detailed five benefits that blockchain can provide in the refugee crisis: Digitalise identity […]
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A report by Elementus provides further insight into the losses from the recent Cryptopia hack. Losses are now thought to be in region of $16 million. The hack included the theft of Ethereum (ETH) and ERC20 tokens. As the hack was carried out over a long period of time, multiple accounts and laundered through various […]
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bitfudge news highlights from the past week. Good blockchain adoption and development in the corporate world, and, unfortunately more hacks. Take a read here: Cryptopia Hack: At Least $3.6 Million Lost IBM and Ford Pilot Blockchain for Cobalt Supply Chain HSBC settled $250B of Forex Trades with Blockchain in 2018 Bakkt Acquires Assets from Futures […]
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Cryptopia is the latest exchange to be hacked, losing at least $3.6 million in cryptocurrency on 14th January 2019. In a statement acknowledging the breach, Cryptopia staff have handed investigations over to the local authorities. In the meantime, the site has been taken offline, into maintenance mode. Understandably for some, this is a tense moment. […]
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bitfudge news highlights from the past week: Featured Article: 2018: the FUD Before the Fudge CoinFLEX: First Crypto Futures with Physical Delivery Announced Ethereum Classic Under 51% Attack, Possible Double Spends of $1.1M ShapeShift Lays Off Third Of Staff Bitwise Files Another ETF Application with the SEC Bitmain Owners Jihan Wu and Ketuan Zhan Step […]
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The San Francisco asset management firm Bitwise, has submitted another application to the Security Exchange Commission (SEC), for a Bitcoin (BTC) Exchange Traded Fund (ETF). The Bitwise Asset Management Bitcoin (BTC) ETF would track its own Bitcoin (BTC) Total Return Index, which would capture the total value of an investment in the decentralised asset, including […]
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Coinbase has released a story stating that Ethereum Classic (ETC) is under 51% attack and that blockchain reorganisation and double spending had taken place multiple times recently. Initially to the tune of $460K, the figure has now increased to a possible $1.1M of double-spent ETC. Ethereum Classic (ETC) initially responded with scepticism and at one point put […]
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ICO Rating’s Exchange Security Report v2.0 is now out, providing an updated list of cryptocurrency exchanges ranked by security. The updated report includes additional security checks not known to them on initial release. Exchanges are scored based on: User Security Domain & Registrar Security Web Security DoS Protection Top on the list is Kraken although […]
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Consensys have announced in a statement, that in collaboration with Halo Holdings and AMD, will look to create a solutions data centre, for emerging blockchain workloads. They will be supporting a variety of workloads and applications for governments, commercial enterprises, and decentralised applications. The data centre that the three institutions intend to develop will be […]
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