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Archive for February 2020

Threat Alert: New Trojans Targeting Major Crypto Exchanges Apps Discovered

Threat Alert: New Trojans Targeting Major Crypto Exchanges Apps Discovered

ThreatFabric, an Amsterdam-based cybersecurity firm specializing in threats to the financial industry, has identified the “Cerberus” Trojan that steals 2-Factor Authentication (2FA) codes generated by the Google Authenticator app for internet banking, email accounts, and cryptocurrency exchanges. US-based cryptocurrency exchange Coinbase is one of the crypto platforms listed in Cerberus’ exhaustive list of targets —…

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New Malta Government Says It Still Wants to Run a ‘Blockchain Island’

New Malta Government Says It Still Wants to Run a ‘Blockchain Island’

Last week, the financial watchdog of Malta came forward with an unexpected statement. Apparently, Binance, a leading cryptocurrency exchange that had been enjoying a close relationship with local authorities, is not authorized “to operate in the crypto currency sphere,” as the regulator’s press release stressed.  While the Malta Financial Services Authority has yet to license…

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Bitcartcc's Merchant Solution: Developer Builds Self-Hosted Btcpay Alternative Supporting Bitcoin Cash – Bitcoin News

Bitcartcc's Merchant Solution: Developer Builds Self-Hosted Btcpay Alternative Supporting Bitcoin Cash - Bitcoin News

On February 28, Bitcoin Cash (BCH) proponents were introduced to a new platform called Bitcartcc. The project is a self-hosted open source payment processor that allows merchants to accept bitcoin cash easily. Bitcartcc was created because the developers behind the popular application Btcpay refuse to add support for BCH. Bitcartcc was built so anyone can…

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Jack Dorsey Should Be Replaced as Twitter CEO, Investor Proposes

Jack Dorsey Should Be Replaced as Twitter CEO, Investor Proposes

Billionaire investor, Paul Singer, is pushing for the removal of Jack Dorsey as CEO of Twitter. According to a CNBC article dated Feb. 28, the Elliott Management founder and activist investor is concerned about Dorsey’s time being split between two $5 billion-plus companies, and his desire to move to Africa. Singer questions Dorsey’s focus The…

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Wilshire Phoenix Slams SEC for Bitcoin ETF Rejection

Wilshire Phoenix Slams SEC for Bitcoin ETF Rejection

Wilshire Phoenix, a New York-based asset management firm, has responded to the United States Securities and Exchange Commission (SEC) rejecting its proposed Bitcoin (BTC) exchange-traded fund (ETF). The firm states it is “very disappointed” by the SEC’s ruling, emphasizing that it went to great lengths to ensure compliance with the SEC’s expectations: “We made every…

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Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin

Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin

Alex Liegl, CEO of Layer1 Technologies, a US-based Bitcoin (BTC) mining company that recently announced its intention to repatriate 30% of Bitcoin’s hash power by 2022, has described Texas as offering miners the “cheapest power in the world, at scale.” Less than two weeks ago, Layer1 commenced mining operations at its facility in western Texas,…

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‘Digileaker’ Claims to Have Stolen KYC Documents for 8,000 Digitex Users

‘Digileaker’ Claims to Have Stolen KYC Documents for 8,000 Digitex Users

An ex-employee of cryptocurrency derivatives exchange Digitex began leaking stolen Know-Your-Customer (KYC) on Telegram. The stolen data reportedly includes passport and driving license scans and other sensitive documentation pertaining to more than 8,000 Digitex customers.  The Seychelles-based exchange issued Cointelegraph a statement indicating that it is not currently able to comment on the incident and…

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