Category: cryptocurrencies

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Anti-Human Trafficking Agency Traces Crypto to Fight Modern-Day Slavery

CipherTrace announced partnership with ATII to combat human trafficking by tracing crypto back to its source. Cryptocurrency could be a game-changer for combating crime, a notion illustrated by CipherTrace’s newly formed partnership with the Anti-Human Trafficking Intelligence Initiative (ATII). CipherTrace, a leader in blockchain security, has announced that it will join forces with ATII to…
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Hashpower Broker NiceHash Can’t Promise to Fully Reimburse Hack Losses

The hashpower rental marketplace NiceHash, which was hacked in Dec. 2017, says it may not be able to fulfill its pledge to fully reimburse affected users. The hashpower rental marketplace NiceHash, which was hacked in Dec. 2017, says it may not be able to fulfill its pledge to fully reimburse affected users. In a blog…
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Iran Wants to Create Crypto to Confront ‘Economic Hegemony’ of US

Iran’s President proposes creating a Muslim cryptocurrency as one of measures to confront the economic dominance of the United States. Iran’s President has proposed to create a Muslim cryptocurrency as one of a number of means to confront the economic dominance of the United States. Speaking at an Islamic conference in Malaysia on Dec. 19,…
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Largest South Korean Telecom Company Issues Blockchain-Based Local Currency in Busan

South Korea’s second-largest city Busan announces it is launching a blockchain-based digital currency in collaboration with telecom giant KT. South Korea’s biggest telecom company, KT, just announced the launch of a local blockchain-based currency for one of the country’s largest cities, which will reportedly go live on Dec. 30.  Local news outlet dongA reported on…
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Monero Malware Botnet Lurks Behind Taylor Swift JPEGs

Researchers have published a new report on what they say is a “relentless” crypto mining botnet that lurks behind seemingly innocuous content like JPEG images of Taylor Swift. Researchers have published a new report on what they deem to be a “relentless” crypto mining botnet that lurks behind seemingly innocuous content such as JPEG images…
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How Crypto Exchanges Are Tackling Poverty

What exactly are the significant steps emerging blockchain technology has made toward making the world a better place? Ongoing technological advancement in digital currencies is a phenomenon that can help developing countries both politically and economically. Cryptocurrencies can solve problems that are unique to these countries by providing access to a bank account, easy transfer…
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Upcoming Binance.US iOS Apps Are Now In Beta Testing Phase

Binance’s cryptocurrency trading platform for United States-based users, Binance.US, is asking its community to beta test the upcoming Binance.US iOS app. Binance’s cryptocurrency trading platform for United States-based users, Binance.US, is asking its customers to beta test the upcoming Binance.US iOS app. On Dec. 18, Binance.US took to Twitter to announce that the iOS app…
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Experts Claim Allegations on MakerDao Vulnerabilities Are Substantial

Even though Maker has refused to explicitly acknowledge the vulnerability claims put forth by Zoltu, experts see their validity. At the start of December, the Maker Foundation hosted a number of governance polls on its website to ease rising concerns following allegations put forth by developer Micah Zoltu in regards to how hackers with enough…
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Gaming Is Key to the Mass Adoption of Crypto

Gaming is claimed to be among the major contributors to the crypto economy, but how could the whole crypto industry benefit from gaming? A whole new exciting world of value is being coded into life right now by gamers. While it may be a far cry from the lofty ideals of banking the unbanked and…
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Binance Research: Non-Economical Reasons Motivate Bitcoin SV Miners

The motivation driving Bitcoin SV miners is non-economic in nature, according to a Binance report. The motivation driving Bitcoin SV (BSV) miners is non-economic in nature, according to a report released by major cryptocurrency exchange Binance on Dec. 18. Binance Research, the exchange’s research arm, has tried to estimate mining profitability for Bitcoin (BTC), Bitcoin…
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