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New Crypto-Stealing Malware Infected 80,000 Computers, Microsoft Says

Microsoft security analysts reveal that cryptocurrency-stealing malware “Dexphot” already infected 80,000 computers earlier this year. The Microsoft Defender ATP research team shares insights on a new cryptocurrency-stealing malware variant that has infected close to 80,000 computers. On Nov. 26, Microsoft security analysts revealed that the malware, called Dexphot, had already infected close to 80,000 devices…
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RIFT protocol: ILCoin does a successful fork, modernizes data storage

Disclaimer: The text below is a sponsored article. _________ On the 21st of November, the development team of ILCoin Blockchain project has announced the successful end of fork to introduce RIFT protocol. The new protocol is aimed at the scalability problem that’s been stalling the progress of the blockchain industry for years. The development of…
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Forrester: Firms Want Blockchains with Multi-cloud Compatibility

New research suggests that companies will not accept blockchain-as-a-service (BaaS) solutions that require them to use providers’ cloud servers exclusively – with firms instead looking to deploy on their cloud platforms of choice. Per a report on Distributed Ledger Technology (DLT) from Forrester Research, highlights of which were published by ZDNet, by 2020 “more than…
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Can Crypto Platforms Help Loyalty Schemes in Shops Make a Comeback?

Consumers are increasingly being turned off by the loyalty schemes offered by major retailers. Can crypto-based platforms help turn this around? Retailers have been offering loyalty schemes for decades — but ensuring they are attractive enough to generate repeat customers is easier said than done. Bond’s Loyalty Report, which surveyed 55,000 consumers in 2019, exposed…
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Gaming Might Spur Crypto Adoption, But People Need Fun Games First

While gaming might become another great way to spur crypto adoption, people won’t play games just because they come with crypto, says an investor. Arianna Simpson, the founder of an investment fund focused on cryptocurrencies and digital assets, Autonomous Partners, tweeted that games are much more than that today: they are virtual world with their…
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Japan Tells Tax Bodies to Stop Seizing Crypto + More Crypto News

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news The Japanese cabinet has ruled that local authorities may not seize cryptocurrency holdings in the case of individuals that default on their tax payments. The cabinet also says  Read…
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Red Cross Deploys Blockchain to Boost Communities’ Economic Resilience

Three national units of the Red Cross are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies. Three national units of the Red Cross — the largest humanitarian donor after the United Nations — are backing a blockchain-based currency scheme to enhance aid delivery and boost local economies. According to a…
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Bitmain-Backed Cryptocurrency Startup Matrixport to Open Zurich Office

Bitmain-backed Matrixport will extend its trading, lending and custody services in Switzerland through its new Zurich office. Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will expand its services from Asia to Europe through its new Zurich office. Registered under the name of Chaintech in Switzerland, Matrixport will begin offering its…
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Goldman Sachs Alumnus: China Will Eventually Legalize Crypto Exchanges

Before China legalizes cryptocurrency exchanges, crypto must become “a real asset class,” according to a co-founder of a Singapore based hedge fund, Spartan Capital. “There is nothing sinister or worrying about this round of crackdown, nor is this the first time it has happened in China,” but “if crypto evolves into a real asset class…
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South Korea Might Send Cryptocurrency Exchange AML Offenders to Jail

South Korean regulators and parliamentarians are rapidly building up a legal framework that will help them police cryptocurrency exchanges, with non-compliant exchange operators potentially facing jail time. Per news outlet Ilgan Today, the regulatory Korea Financial Intelligence Unit is seeking to amend the country’s key piece of anti-money laundering (AML)  Read more »Pay/Trade/Buy Bitcoin with…
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