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Showing posts from March, 2019

Malicious Ad Runs By YouTube Reportedly for Bitcoin Wallet Electrum by Accident

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According to the Reddit publication released on March 26, the YouTube Video Platform has misconstrued malicious advertising for the Bitcoin (BTC) Electrum portfolio. Advertisers who are interested in advertising are diverted to a malicious link using a common snippet method called typosquatting or URL hijacking. In a Reddit article, a user with the name mrsxeplatypus warned the public about the malware promotion of Electrum and described how false advertising is: "Malicious ad is concealed to look like a real Electrum ad [...] Even tells you that you're going to the correct link (electrum.org) in the video, but when you click on the ad, upload the file The malicious EXE starts right away. see in the picture; the URL sent to me by elecktrum.org and not electrum.org. " The Next Web news technology page has announced that Google, the YouTube owner, has since commenced the appropriate anti-advertising campaign. In February, users of cryptocurrency portals Electrum and

Payment Service Square is Hiring Cryptocurrency Engineers, Offers Salaries in Bitcoin

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The American Canvas Platform Trg employs Crypto Currency Engineers and offers them payment in the digital currency, writes Twitter and Square CEO Dorchester on March 20. In the tweet, Dorsey announces that "Square hires 3 to 4 crypto of engineers and designers who will work full time on the contributions of the open code Bitcoin/crypto ecosystem. Work from anywhere, sign up directly to me and we can even pay you for Bitcoin! " Dorsey added that the decision to pay employees in digital currency is based on the intent of "increasing the crypto ecosystem," thus contributing to the Bitcoin community (BTC). Dorsey also pointed out that this would be the first open source initiative independent of their business goals since potentially engaging engineers would fully focus on "what is best for a cryptographic community and individual economic empowerment rather than Square's business interests." As we reported earlier, Square achieved $ 166 million

Swiss Federal Assembly Passes Instructions on Cryptocurrency Regulation

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The Federal Assembly, the legislative body of the Swiss government, approved a motion requesting the Federal Council to adjust the existing legislation on the regulation of the cryptocurrencies. Coitelegraph auf Deutsch reported on the event's development on March 20th. The intention of the motion brought by Liberal representative Giovanni Merlini is to instruct the Federal Council to adjust the existing provisions on the procedural instruments of judicial and administrative bodies so that they can also be applied to cryptocurrency. The Council approved a motion with 99 to 83 votes for and ten abstentions. The aim of this initiative is to fill the identified shortcomings in protecting the cryptovalue of users of illegal activities such as extortion and money laundering. Legislation must define how to squeeze the risks associated with cryptocurrency and determine whether entities managing crypto-trading platforms should be aligned with financial intermediaries and therefore s

Cryptocurrency Heralds Something Greater Than Facebook Winklevoss Twins

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Tyler and Cameron Winklevoss, Bitcoin (BTC) bulls and founders of the Gemini crypto exchange, say that while Facebook's secret crypto project is positive for the industry, ultimately crypto will bring in something greater than the social networking era. The Twins made their remarks during an interview with British Broadsheet The Telegraph on March 17. The Winklevoss twins have a famously antagonistic history with Facebook's founder Mark Zuckerberg, has sued him for allegedly stealing the idea for the social network from them during the trio's student days at Harvard. The case was finally settled, with twins receiving $ 20 million and 1.2 million Facebook shares (worth over $ 199.2 million to press time). Years after the Winklevoss twins' first entry into Bitcoin, Zuckerberg is now seemingly entering the crypto space with Facebook's own highly secretive project to integrate crypto stablecoin payments into an overarching messaging service for WhatsApp, Facebook

United Arab Emirates’ Financial Authorities Host Cryptocurrency Asset and Fintech Forum

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The United Arab Emirates (UBF) and the global market of Abu Dhabi (ADGM) have organized a joint forum on cryptographic tools and financial technologies, the UAE Emirates News official news conference reported. Agency, March 17. According to the report, the event was held in ADGM in co-operation with the UBF Compliance Committee and aims to bring industry experts together to discuss the challenges and opportunities associated with the fintech and crypto property. At the beginning of the meeting, ADGM also shared its regulatory goals and main features of its cryptographic property policy and tracking tools. Also, all the topics discussed at the forum ranged from ADGM regulations to regulation and prudential approaches that banks and financial regulators can jointly develop processes and procedures to mitigate the risks associated with cryptographic asset regulation. The report also states that UBF President Abdul Aziz Al-Ghurair said: "Given the rapid emergence of new fin

Hacker Involved in 15 Mln Yen Cryptocurrency Theft Referred to Prosecutors in Japan

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Prosecutors have dismissed an 18-year-old hacker in the Japanese city of Utsunomiya due to the theft of cryptocurrencies, March 14 local newspaper Japan Today reported. An online criminal allegedly hunted Monappy, a digital wallet that could be installed on a smartphone, and stole 15 million yen ($ 134,196) in a cryptocurrency between August 14 and September 1 last year. Piracy has allegedly affected more than 7,700 users. Hacker would use Tor software to allow users to anonymize web traffic. However, the police identified the hacker by analyzing the communications records stored on the site server. According to Japan Today, the hacker has admitted these charges. The attacker has sent several requests to transfer the cryptocurrency to his account, which overwhelmed the system and allowed him to direct more funds into his account. After that, he transferred the coins to another cryptocurrency operator, earned dividends and spent money. As Cointelegraph Japan previously pointe

Over 40 Bugs in Blockchain including Cryptocurrency Platforms Detected Over Past 30 Days

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White hackers in the past 30 days have discovered more than 40 bugs on block and cryptocurrency platforms, The Next Web (TNW) reported on March 14. According to a survey conducted by TNW, the 13 companies involved in blockchain and cryptocurrency were affected by a total of 43 vulnerability reports from 13 February to 13 March. In the area of ​​the blockchain, the e-sports platform Unikrn allegedly received the largest number of vulnerability reports, 12 mistakes. The unicorn was followed by OmiseGo, Omise, who received six error reports. The third place is EOS, with five reports of vulnerabilities. The consensus and peer-to-peer network protocol (P2P) algorithm Tendermint has got four bugs. Tendermint follows the Decade Decentralization Markets Market Charter and Tezos Smart Deal Platform, with three. Anonymous cryptocurrencies Monero, ICON, and MyEtherWallet reportedly reported two vulnerability reports. Coinbase, the leading US encryption center, and blockchain developer,

US State of Colorado Passes Cryptocurrency Exemptions Bill Into Law

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Colorado State Governor Jared S. Polis issued the Digital Colorado Tokens Act, according to a document published March 6. The law - originally proposed in January and sponsored by Republican Jack Tate and Democrat Steve Fenberg - provides for limited exemptions for securities registration and retailers, as well as licensing requirements for vendors for digital chip enthusiasts. Invoice means a "digital token" as a "digital unit with certain characteristics, secured by a master book or a decentralized database that can be exchanged for goods or services, interchangeable or portable between a person without a broker or a custodian." A previous account that edited blocks for blockchain declined the state Senate in Colorado last May. The bill defines the "open block of characters" and excludes the definition of some open chain chains. Some private sector members were disappointed with the result. David Gold, venture capital investor, and preferred inv

Overstock’s Blockchain Subsidiary Procures Stake in Blockchain Banking Platform

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Medici Ventures, Distribution Distributor, Overstock.com, Inc. took over the share in the Bankorous banking platform, according to a statement released on March 11. Medici Ventures bought a 5.1 percent stake in Bankorus, a blockchain banking platform that allows individuals and institutions to purchase, sell, borrow and store digital assets. Jonathan Johnson, President of Medici Ventures, said: "Adding Bankorusa to the Medici Ventures portfolio will strengthen our work to create the foundation for blockchain technology." Financial aspects of the purchase are not yet known. Medici Ventures has invested heavily in blockchain projects. Last December, the company bought $ 2.5 million, or 10% of its capital, in the GrainChain agricultural project, a blockchain-based system, and which supply chain actors can track the crop distribution process. , The acquisition is expected to increase GrainChain's market share in Central and South America. Recently, Bitt, Medici's

CEO Says Paxos’ Precious Metal-Backed Crypto to Launch This Year

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Blochain Trust Paxos digital chips backed by noble metals will be launched "definitely this year," said Paxos CEO Chad Cascarilla in an interview with Fortune's Balancing the Ledger on March 11. During the conversation, Cascarilla asked Paxos if he worked on a gold coin. He replied that "this is something we will surely see this year." "We are excited about the concept that we can take the goods and think that noble metals are obvious materials and that gold is probably the most obvious and can mark it," Cascarilla added. To implement the concept, Paxos must ensure that its "real world" stock is the same as that recorded in the blockchain. Cascarilla explained: "To put something in a block-chain, you have to make sure you have the right amount of inventory in the real world compared to what's in the block-chain." The way you work with the golden sign is how much gold you have in the chest with the same number of gold ch

EU Digital Exchange DX Adds Tokenized ETFs Powered - Nasdaq

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The Estonian digital platform for trading DX.Exchange added its ETFs to its services, according to the Cointelegraph statement of March 6. This move includes the symbolization of popular ETFs, such as SPY, representing S & P 500, and QQQ, which supports Nasdaq Composite in a ratio of 1: 1. UWT (raw oil) and UDOW are among the other proposed ETFs. On the platform. Proposed ETFs can now also be purchased for cryptocurrencies and fiat during trading hours and after working hours. According to the press release, the introduction of ETFs in the form of chips on DX.Exchange is in line with the latest directives issued by the European Securities and Markets Authority and the EU Financial Market Instruments Directive II. DX.Exchange, Chief Operating Officer, Amedeo Moscato, said he believes the latest move by the company regulated by the EU opens the world of popular financial assets to cryptographic system owners. His statement reads as follows: Today, over $ 130 billion of cry

New Partnership Supports TrueUSD Traders to Audit The Coin’s Backing Assets

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A current partnership between Stablecoin TrueUSD (TUSD) and Armanino's accounting firm allowed marketers to undergo a current revision of the support. The news announced TrueUSD on the blog on March 5th. The dashboard developed by Armanino would allow traders to monitor the condition of the TrueUSD stock exchanges and guaranteed funds. "The Armanino is directly linked to blocked third-party accounts holding US dollars that guarantee TrueUSD tokens and launches their own ETH nodes to ensure the correct purchase of the TUSD tag," the message states. Rafael Cosman, co-founder, an engineer, and product manager at TrustToken said: "With real-time funding from one of the world's largest accounting firms, traders will know at any time that the true world of value supports their chips." Stable coins are cryptocurrencies supported by physical assets, fiduciary currencies, or even algorithms. Their value is usually more stable than other cryptographic tools.

Asia Pacific Conservative Union Begins Blockchain Ecosystem to Fight Authoritarianism

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The two leaders of the Asian-Pacific Conservative Union (APCU) have launched the Liberty Ecosystem, a blockchain-based network designed to combat authoritarianism, announced on March 2nd, Cointelegraph. Co-sponsors of the project are APCU President Jikido "Jay" Aeba and Executive Director of the organization and co-founder Yasu Kikuta. The press release explains the initiative as a "decentralized federation of local advocacy and economic development organizations seeking to counter the rise of authoritarianism in the Asia-Pacific region and around the world." According to the statement, the regime like China invests in foreign infrastructure projects to try to control the political sovereignty of other countries. Such use of economic power to carry out political control would begin to export an authoritarian model of government to other countries such as Sri Lanka, Indonesia, and Japan. The statement states that the blockchain project involves the use of so