Categories
Blockchain

Is Bitcoin Fundamentally Incapable of Mass Adoption? The Economist Thinks So

An article out today in the Economist lists several reasons why Bitcoin may never have a “long-lasting” recovery. The unnamed author writes, in part: “The bust has been correspondingly brutal. Those who bought near the top were left with one of the world’s worst-performing assets. Cryptocurrency startups fired employees; banks shelved their products. On March…Continue readingIs Bitcoin Fundamentally Incapable of Mass Adoption? The Economist Thinks So

Categories
Blockchain

Russian Mining Giant to Tokenize Palladium

Russian mineral mining giant Nornickel reportedly plans to issue palladium-backed tokens Read the original post: Russian Mining Giant to Tokenize PalladiumContinue readingRussian Mining Giant to Tokenize Palladium

Categories
Blockchain

Crypto-Stealing Gustuff Trojan Unmasks Alarming Banking Vulnerabilities

The darknet has a new soldier in the form Gustuff, a new Android trojan that has targeted over 125 cryptocurrency and banking apps. Gustuff has been in existence since April 2018 and stands with Anubis, Red Alert, and BankBot as one of the deadliest threats to the financial space. Cybersecurity firm Group-IB suggests that Gustuff…Continue readingCrypto-Stealing Gustuff Trojan Unmasks Alarming Banking Vulnerabilities

Categories
Blockchain

India to Use Blockchain to Improve Coffee Supply Chain

The Coffee Board of India has launched a blockchain-based e-marketplace for coffee producers in order to reduce intermediaries between coffee growers and buyers Read the original post: India to Use Blockchain to Improve Coffee Supply ChainContinue readingIndia to Use Blockchain to Improve Coffee Supply Chain

Categories
Blockchain

Digital Asset Trader AlphaPoint Upgrades Security Token Services for Institutions

Digital asset exchange AlphaPoint has upgraded its security token service, which allows institutional investors to tokenize their assets Read the original post: Digital Asset Trader AlphaPoint Upgrades Security Token Services for InstitutionsContinue readingDigital Asset Trader AlphaPoint Upgrades Security Token Services for Institutions

Categories
Blockchain

LocalBitcoins Under Supervision Soon in Blow to Bitcoin Trading Anonymity

International peer-to-peer crypto exchange platform LocalBitcoins has revealed that it will now be put under the supervision of the Financial Authority of Finland. This is a blow for users who have continued to use the exchange for its reliable presence in the industry and the ability to make anonymous trades. AML regulation and new features…Continue readingLocalBitcoins Under Supervision Soon in Blow to Bitcoin Trading Anonymity

Categories
Blockchain

Bitcoin Could Plunge to $3,000 Even if it Surges Above $4,200: Trader

In the past 48 hours, the valuation of the crypto market has increased by $6 billion from $136 billion to $142 billion, accompanied by the strengthening momentum of bitcoin. Tokens and low market cap crypto assets have continued to demonstrate strong gains against both bitcoin and the U.S. dollar, with Decentraland (MANA) recording a gain…Continue readingBitcoin Could Plunge to $3,000 Even if it Surges Above $4,200: Trader

Categories
Blockchain

Swiss President Says Regulation for Blockchain Firms Should be ‘Fast and Clear’

Swiss president and finance minister Ueli Maurer has stressed that regulation for the blockchain sector should be fast and clear Read the original post: Swiss President Says Regulation for Blockchain Firms Should be ‘Fast and Clear’Continue readingSwiss President Says Regulation for Blockchain Firms Should be ‘Fast and Clear’

Categories
Blockchain

Japanese Court Acquits Man Accused of Cryptojacking

A Japanese court has ruled to acquit a man who was illicitly mining crypto after embedding Coinhive on his website Read the original post: Japanese Court Acquits Man Accused of CryptojackingContinue readingJapanese Court Acquits Man Accused of Cryptojacking

Categories
Blockchain

North Korean Hackers Don’t Give a $#%! about Crypto Winter

The cryptocurrency sector may still be in a bearish phase, but the state-sponsored North Korean hacking group Lazarus remains absurdly bullish on the bitcoin industry – at least if its continued focus on the sector is anything to go by. For Lazarus, Crypto Exchanges are the Geese that lay Golden Eggs Per cybersecurity firm Kaspersky…Continue readingNorth Korean Hackers Don’t Give a $#%! about Crypto Winter