Black hat hacker group claims to have compromised an insurance giant with ransomware. Black hat hacker group, Maze, claims to have used ransomware to compromise the systems of insurance giant, Chubb. They also claim to have stolen the firm’s data. Brett Callow, threat analyst at cybersecurity firm, Emsisoft, told Cointelegraph on March 27 that Maze…
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In the wake of the coronavirus pandemic, a number of blockchain firms have stepped up their global relief efforts. With cases of the deadly coronavirus still popping up at an unprecedented rate around the world, many prominent members of the blockchain and crypto industries have heeded the global cry for help and have swiftly engaged…
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Having trouble finding the right crypto wallet? Here’s Cointelegraph’s list of software wallets and how they differ. Similar to a bank account for fiat currency, a crypto wallet is a personal interface for a cryptocurrency network that provides reliable storage and enables transactions. Whether a cryptocurrency is securely stored or not, much depends on the…
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Binance has chosen to delist its FTX leveraged token products. Major crypto exchange, Binance, has decided to remove leveraged FTX tokens from its exchange, explaining that customers don’t understand the product. “Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged…
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Check out this week’s Bad Crypto News. Bitcoin has continued its recovery. It’s up around 23 percent over the last week, even as the Bitcoin clock continues its countdown. We’re now entering the last 50 days of a 12.5 BTC reward. These are strange times for everyone but despite Bitcoin’s volatility, the digital coin seems…
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YouTuber Ivan on Tech recently explained how the video game RuneScape prepared him for crypto trading. The underlying premise of many video games might actually give people a core understanding of economics, especially in the crypto space. “As a kid, I played a lot of RuneScape,” crypto YouTuber and programmer Ivan on Tech said in…
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Venezuela faces clogged internet usage due to quarantine measures, which could make crypto usage difficult. The global coronavirus lockdown has put a strain on Venezuela’s internet, which could logically make crypto participation difficult. As much of the world hunkers down in quarantine, people logically turn to internet-based services for work, as well as a way…
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The industry is seeing a renaissance following India’s Supreme Court revoking the RBI’s crypto ban, but there is still a long way to go. Among industry participants and investors, India is emerging as a market to watch for following the overturn of a crypto ban that was placed by the Reserve Bank of India back…
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Russian police seized a bitcoin mining farm for the alleged theft of $200,000 in monthly electricity costs. Russian police have caught bitcoin miners who were stealing $200,000 worth of electricity each month in their efforts to mine cryptocurrency. According to a statement released by the Russian Interior Ministry, a Saint Petersburg suspect has been arrested,…
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Despite global recession in both crypto and traditional markets, many blockchain jobs continue to rise. Trillions of dollars have been injected into the global markets in an attempt to revitalize the world economy. The U.S. alone recently hit its highest unemployment rate in history. The whole world seems to be falling apart except for blockchain…
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