A UK high court imposed a proprietary injunction on Bitcoin paid as ransom in a ransomware attack. A United Kingdom High Court ordered a proprietary injunction on Bitcoin (BTC) obtained through a ransomware attack on a Canadian insurance company. A proprietary injunction is an order which prevents a person from dealing with their own assets…
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If you’ve got high-level IT skills and fancy making a cool USD 250 thousand, one company wants to hear from you. All you need to do is break into their crypto wallet – and make away with thousands of dollars’ worth of Bitcoin. But the firm says the task won’t be an easy one, as…
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Some of South Korea’s leading crypto exchanges have apparently begun coin purges for low-volume tokens – but there could be a catch for the exchanges and the South Korean cryptocurrency industry as a whole, as a number of delisted tokens are Kakao Klaytn partners. Per a report from South Korean media outlet News Tomato, the…
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XRP, the digital token affiliated with the San Francisco-based fintech firm Ripple, has been rather disappointing for investors this past week, as it remains in the red for the week while most other coins are seeing gains. As of pixel time (13:04 UTC), XRP trades at c. USD 0.233 and is up by 1.2% in…
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Saudi Aramco has joined the already sizeable list of oil companies partnered with Vakt, the provider of a blockchain-based trading settlement platform for North Sea oil. Saudi Arabia’s state oil company, Saudi Aramco, has bought into the blockchain-based oil trading company Vakt, Reuters reports on Jan. 28. Saudi Aramco’s Energy Ventures branch has bought $5…
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Source: iStock/Ja’Crispy The business and property division of the British High Court has instructed crypto exchange Bitfinex to freeze a bitcoin (BTC) account containing funds worth USD 860,000 after hearing that its owner may have links to a ransomware scam. Per documentation released by the court, an unnamed “Canadian insurance company,” itself the client of…
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Any short-term gains to Bitcoin indirectly helped by the virus will reverse in time, a prominent trader warns, as the cryptocurrency hovers at $9,000. Bitcoin (BTC) may be gaining thanks to “economic fear” over coronavirus — but only up to a point, analysts are concluding as the disease spreads. The cryptocurrency hovered at around $9,000…
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Nimbus received a $650,000 grant from Ethereum Foundation to realize its vision of light Ethereum 2.0 clients running on smartphones and Raspberry Pi devices. The Ethereum Foundation awarded a $650,000 grant to Nimbus for continuing its work on light Ethereum 2.0 clients, a Jan. 28 press release announced. The project’s goal is to allow smartphones…
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Vays remains cool-headed despite markets clinching $9,000 for the second time this month, arguing higher levels must first endure. Bitcoin (BTC) rising above $9,000 has turned heads amid fresh uncertainty in China but has yet to convince one of its best-known traders. In the latest episode of his Trading Bitcoin YouTube series on Jan. 28,…
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The state-sponsored Russian technology firm Rostec aims to halve its blockchain research and development fund and now estimates smaller effects on the economy. The company stated that it plans to spend RUB 28.4 billion (USD 453.2 million) on blockchain technology by 2024, Kommersant reported, citing Rostec. This figure is a far cry from the May…
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