Category Archives: Cryptocurrency News

The new version of the hidden mining program Monero Black-T learned to steal passwords

A new version of the Black-T Monero stealth mining malware can steal sensitive user data and disable other cryptojacking programs. According to a report from cybersecurity firm Unit 42, hackers have updated Black-T, a long-standing malware for stealthy Monero mining, which can now steal user credentials and disable any other mining software on the victim’s computer. Black-T is now capable of detecting sensitive information about a user residing on a computer and sending it to…

Sale of cryptocurrency derivatives to retail investors is prohibited in the UK

The UK Financial Conduct Authority (FCA) has published final rules prohibiting the sale of cryptocurrency derivatives to retail investors. These products are not suitable for retail investors due to the harm they cause, according to a statement on the UK regulator’s website. FCA believes that these products cannot be judged correctly by retail consumers for the following reasons: Inherent properties of underlying assets that do not allow them to be reliably measured The prevalence of…

Research: 43% of enterprise blockchains are deployed in finance

A Cambridge University report on enterprise blockchains found that 43% of projects in production are carried out in financial companies. The University of Cambridge published the results of the second enterprise blockchain comparative study, which collected data from surveys of more than 200 enterprises, startups, central banks and other public sector institutions in 59 countries from July 2018 to June 2019. One of the sections of the survey was devoted to corporate projects on the…

User lost $ 140,000 in UNI tokens while farming in the UniCats project

One of the users of the fraudulent project UniCats lost $ 140,000 in UNI tokens invested in it for farming. The UniCats developers have implemented a defect in the smart contract to control tokens even after their withdrawal. This was announced by Alex Manuskin, a researcher from the ZenGo cryptocurrency wallet team. To start using the UniCats platform, the user is required to have permission to spend an unlimited number of tokens. Considering that many…

How to buy cryptocurrency correctly and safely? 3 ways

You can buy bitcoin and altcoins through exchangers, on exchanges and from other people, these are the most popular options. We talk about each of them and about the risks that can lead to the loss of all money You can buy cryptocurrency in different ways. Exchanges, exchangers and other services are suitable for these purposes. But the market is changing, new opportunities appear for working with digital assets, and the risky sides of the…

Coinbase will share some customer data with UK Internal Revenue Service

Cryptocurrency exchange Coinbase will provide UK tax authorities with data on its customers who have received over £ 5,000 worth of crypto assets over the past year. According to an email from Coinbase, the exchange will transfer its UK customer data to the UK’s Royal Revenue Service (HMRC). In this case, information will be transferred only about those customers who have purchased or deposited cryptoassets worth more than £ 5,000 (about $ 6,474) into their…

SingularityNET Project Plans To Move From Ethereum To Cardano Blockchain

Ethereum-based SingularityNET AI platform developers are discussing with IOHK the possibility of moving to the Cardano blockchain. SingularityNET allows you to create, host and monetize services using artificial intelligence, while being scalable. In recent months, the load on the Ethereum blockchain has increased dramatically, resulting in higher fees. Therefore, the platform developers are seriously considering moving to the Cardano network. Moreover, according to the creators of SingularityNET, they do not have much confidence in Ethereum…

Ripple plans to achieve carbon neutrality by 2030

Ripple has created a tool called EW Zero that makes it easier for blockchain projects to use renewable energy sources. The XRP Ledger Foundation will be the first to use it. The EW Zero tool, developed in partnership with the non-profit Energy Web Foundation, will reduce the carbon footprint of any blockchain by purchasing renewable energy from local markets around the world. The XRP Ledger Foundation, the newly formed XRP cryptoasset developer fund, will be…

RUSI survey: regulators doubt the ability of self-government of the cryptocurrency industry

Regulators and banks are skeptical about the idea of ​​self-regulation of the cryptocurrency industry in the fight against money laundering and the financing of illegal activities. The survey results, released on Tuesday by the UK’s Royal United Defense Research Institute (RUSI), showed that banks, governments and cryptocurrency CEOs have conflicting views on the self-regulation of the cryptocurrency industry. RUSI is the UK’s oldest think tank on defense and security issues. According to the survey, 63%…

Ocean Protocol hard forked and thwarted the exchange of stolen KuCoin tokens

Ocean Protocol suspended an old smart contract on Ethereum and hardforked its blockchain to prevent KuCoin hackers from exchanging stolen OCEANs. On September 28 at 1:00 am ET, Ocean Protocol announced the suspension of the old smart contract and the transition to a new one in order to prevent hackers who hacked KuCoin from exchanging 21 million OCEAN tokens worth about $ 8.6 million. The Ocean Protocol team said: “At 16:00 GMT, a new contract…