Month: June 2020

Fraudulent websites successfully have stolen the personal records of a number of individuals from the U.K., Australia, South Africa, the U.S., Singapore, Malaysia, Spain, and more. The attack was executed as a targeted multi-stage Bitcoin (BTC) scam propagated by a number of fraudulent websites. According to the Singapore-based intelligence company, Group-IB, the attack exposed personal
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Privacy blockchain Incognito has released Kyber Privacy (pKyber), a privacy feature for decentralized finance within the Kyber Network for users from both parties to trade anonymously. First announced on April 24, Incognito’s open-source technology enables anonymity for smart contract-based protocols, making it possible for any Ethereum-based decentralized app to integrate pKyber. Making DeFi private The
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The Spanish Civil Guard has taken down a dark web child porn ring that used cryptocurrency transactions to pay for content. Multiple individuals across the country were ultimately arrested. According to the Spanish Civil Guard, the “Jekyll” operation captured three people involved in the “Welcome 2 Video” platform, thanks in part to additional support from
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The world is being pushed into a new normal where simple, everyday tasks and functions, often taken for granted, are becoming increasingly cumbersome. This is in no short part due to the ongoing COVID-19 global pandemic, which continues to force many essential operations like finance and payments into the digital realm out of necessity. However,
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When blockchain technology began to expand beyond Bitcoin (BTC) and into more general-purpose applications, many within the industry saw an opportunity to remake key financial infrastructure using this technology. They soon came to realize that this novel technology with game-changing potential lacked the reliability and performance that would allow it to compete with industry stalwarts,
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On October 17, Bitcoin.com released a controversial statement which claimed that Bitcoin Cash is Bitcoin. In response, leading industry experts including Litecoin creator Charlie Lee offered harsh criticism. Bitcoin.com Claims Bitcoin Cash is Bitcoin, Angers Bitcoin Community In September, Bitcoin Cash was launched through a hard fork executed by a few major mining pools including
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Many of the builders and investors in the blockchain space believe that the most compelling route to attracting users to the burgeoning crypto-economy is not upending the global financial order but something with significantly lesser stakes: gaming. And this reasoning makes sense. Both video games and cryptocurrencies feature virtual economies running on a shared set
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