Category: Technology

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Cointelegraph Talks Recap: Blockchain Giving Power to the LGBTQ+ People

July 1, 2020

Seven experts from different institutions and organizations discussed topics relating to diversity, inclusion, challenges and opportunities for LGBTQ+ with Cointelegraph. Yesterday, Cointelegraph hosted another episode of “CT Talks,” dedicated to Pride Month and addressing important questions on diversity, inclusion, stigmatization, acceptance, challenges and opportunities for the LGBTQ+ community in the crypto and blockchain space. For…
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Blockchain Service Bison Trails Announces Support for Ethereum 2.0

July 1, 2020

Libra Association member Bison Trails looks forward to moving from the Proof-of-Work consensus mechanism to Proof-of-Stake, launching Eth2 support. Blockchain infrastructure-as-a-service company, Bison Trails, has announced support for Ethereum 2.0 — an upgrade that will move the network from its proof-of-work consensus mechanism to proof-of-stake. Bison Trails offers a suite of enterprise products that allow…
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European Innovation Council Awards $5M to Six Blockchain Projects

July 1, 2020

A Dutch project fighting fake news with blockchain wins European Commission’s “Blockchains for Social Good” prize. A tech unit at the European Commission has awarded millions of dollars to several blockchain projects in an effort to support the use of blockchains in socially beneficial ways. The European Innovation Council, or EIC, has awarded 5 million…
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Investors Defrauded by South Korean Pyramid Scheme

June 30, 2020

An alleged crypto pyramid scheme stole hundreds of millions of dollars from investors. South Korean authorities are investigating a complaint filed by 950 investors who claim to be victims of a crypto-related ponzi scheme. According to TV Chosun, police are looking into reports that over 160 individuals are believed to have operated the alleged scam,…
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Tether: Challenging the USD’s Hegemony, Championing CBDC and Beyond

June 30, 2020

Exploring six major points regarding Tether’s impact on geopolitics and the future development of sovereign digital currency. In 2008, a momentous occasion took place with the release of the Bitcoin (BTC) white paper. With author Satoshi Nakamoto explicitly calling for the deconstruction of financial intermediaries, regulators around the world were put on alert, particularly as…
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Dfinity Opens Up the ‘Internet Computer’ to Third-Party Developers

June 30, 2020

Dfinity’s Internet Computer reached a major milestone as it opened applications from third-party developers to start using the platform. Dfinity announced the Tungsten release of its “Internet Computer” project on June 30, officially opening up the platform to third-party developers. To mark the occasion it demonstrated CanCan, an open alternative to TikTok built with under…
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California University Pays Million-Dollar Crypto Ransom

June 30, 2020

The University of California at San Francisco has paid a million-dollar ransom following unsuccessful negotiations with a ransomware hacker group. The University of California at San Francisco School of Medicine reportedly paid a $1.14 million ransom in cryptocurrencies to the hackers behind a ransomware attack on June 1. According to CBS San Francisco, the UCSF…
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Researchers Say Ransomware Attacks on the Rise as More People Work From Home

June 29, 2020

Proofpoint research shows that phishing-based ransomware attacks are on the rise amid the COVID-19 pandemic. A study published by cybersecurity firm, Proofpoint, shows an increase in email-based phishing attacks used to deliver ransomware over the last few months. According to the report, first-stage deployments of ransomware are reportedly on the rise and have mostly been…
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Qtum Preps for Mainnet Hard Fork With New Testnet Event

June 29, 2020

Qtum completed a testnet hard fork prior to launching its mainnet hard fork. Proof-of-Stake, or PoS, blockchain Qtum successfully completed a hard fork of its testnet in preparation for the launch of its mainnet hard fork. According to a statement sent to Cointelegraph, the upgrade went live on the testnet at block 625,000 on June…
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Massive Cyberattack on Australia Uses Cryptojacking Exploits

June 28, 2020

A report from the Australian Cyber Security Centre highlights a vulnerability related to attacks using cryptojacking malware. The Australian Cyber Security Centre said a group of “state actors” hacked Australian networks on June 19 and one of the vulnerabilities they exploited is related to cryptojacking malware attacks.  According to the 48-page report released on June…
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