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Vulnerability found in Ledger wallet leading to write-off of BTC instead of altcoins

Vulnerability found in Ledger wallet leading to write-off of BTC instead of altcoins

Posted by  on  06/08/2020
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Liquality developer Mohammed Nokhbeh has discovered a vulnerability in the Ledger hardware wallet that leads to the withdrawal of bitcoins instead of altcoins. The developers presented a report that described how the attack works. The attacker creates an imaginary transaction with any altcoins, during which bitcoins are debited from users. For example, a trader may have the impression that he is sending 0.01 LTC, but in fact 0.01 BTC will be sent from his wallet.
MonolithosDAO announces the start of the second stage of the MDT token sale and the listing of the token on Uniswap

MonolithosDAO announces the start of the second stage of the MDT token sale and the listing of the token on Uniswap

Posted by  on  05/08/2020
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The developer of the decentralized crypto-ruble DeFi platform MonolithosDAO announced that on Monday, August 3, the second stage of the MDT token sale – a token for managing the Monolithos network – has started. At this stage, the liquid MDT / ETH pair is added to the listing of the Uniswap decentralized exchanger. Monolithos is allocating 500K MDT for sale on Uniswap and providing them with Ether. The initial token price was $ 0.42 and
Cryptocurrency hedge fund Neural Capital closes with a loss of over 50%

Cryptocurrency hedge fund Neural Capital closes with a loss of over 50%

Posted by  on  05/08/2020
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Cryptocurrency hedge fund Neural Capital announced it would close after losing half of its capital. The fund was launched in 2017. According to local media reports, the crypto assets of the Neural Capital fund were liquidated back in December, and some of the cash is still kept in escrow accounts, which violates the previously agreed storage periods for several months. However, the fund is already returning the remaining funds to investors. By 2019, Neural Capital
Bitcoin Core version 0.20.1 Released

Bitcoin Core version 0.20.1 Released

Posted by  on  04/08/2020
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Bitcoin developers have released an updated version of the main software client Bitcoin Core 0.20.1 with a mechanism to limit the “misbehavior” of peers. The Bitcoin Core client update contains only minor changes and improvements, unlike the previous version of Bitcoin Core 0.20, which was presented in early June. Version 0.20 was mainly aimed at moving away from the OpenSSL cryptographic library, which caused bugs, crashes and network problems. According to the accompanying documentation, the
Monero and Tari Labs Prepare Guidelines for Listing Anonymous Cryptocurrencies on Exchanges

Monero and Tari Labs Prepare Guidelines for Listing Anonymous Cryptocurrencies on Exchanges

Posted by  on  04/08/2020
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Monero and Tari Labs will present a guide for cryptocurrency exchanges to place cryptoassets with increased privacy. The document will be released under the title “The Fundamentals and Regulation of Privacy-Enabling Cryptocurrencies”. It will be published by the law firm Perkins Coie. The developers explained that the guide will be a “white paper” detailing how the improved tools can reduce the risks associated with anonymous cryptocurrencies. Marketplaces will receive instructions on how to place XMR
Billions of dollars in losses. All about cryptocurrency pyramids.

Billions of dollars in losses. All about cryptocurrency pyramids.

Posted by  on  03/08/2020
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The biggest damage in the blockchain industry comes from Ponzi schemes. They are especially popular with scammers who deceive hundreds of thousands of people every year. 1. How do financial pyramids work? The organizer of the pyramid scheme invites investors, promising them high profits in the future. There are two conditions: the victims must contribute money and invite new members. Those are given a similar task and so on along the chain. All the profits
Bank of England Updates RTGS Payment Network to Support Government Cryptocurrency

Bank of England Updates RTGS Payment Network to Support Government Cryptocurrency

Posted by  on  03/08/2020
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The UK central bank is updating the RTGS payment and settlement system so that it can support the operation of the government cryptocurrency in the future if it is released. The Bank of England wants the updated Real Time Gross Settlement System (RTGS) – the payment network used by UK financial institutions – to be directly compatible with the government’s cryptocurrency. The new settlement system is being developed so that the Central Bank can use
Glassnode: 93% of all BTC addresses contain profitable bitcoins

Glassnode: 93% of all BTC addresses contain “profitable” bitcoins

Posted by  on  31/07/2020
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According to analyst firm Glassnode, about 93% of all BTC addresses contain “profitable” bitcoins after the price of the cryptocurrency exceeded $ 11,000. According to Glassnode, these addresses contain bitcoins, which have increased in value since they were transferred to the wallet. Now the number of such addresses has exceeded 93% of all BTC addresses. Moreover, on July 20, there were no more than 72% of such addresses. The last time over 90% of addresses
Iran allows bitcoin mining at local power plants

Iran allows bitcoin mining at local power plants

Posted by  on  31/07/2020
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Iran has allowed large-scale BTC mining operations at power plants. Interested businesses will have to follow certain rules, some of them have already applied for mining. According to local Irna News, Iran has allowed the country’s largest power plant operators to deploy and operate Bitcoin mining farms subject to certain rules. Mostafa Rajabi Mashhadi, deputy head of Iran’s national electricity council, Tavanir, said power plants can mine BTC if they comply with regulatory requirements, obtain
Tether releases USDT for another $ 540 million amid bitcoin growth

Tether releases USDT for another $ 540 million amid bitcoin growth

Posted by  on  30/07/2020
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Over the past three days, Tether has issued USDT stablecoins totaling $ 540 million on the Tron and Ethereum blockchains, according to Whale Alert. According to the analytical service Whale Alert, on July 29, USDT worth $ 300 million was issued on the Tron blockchain. In addition, on July 22 and 23, the service recorded two more operations to issue USDT stablecoins on the Ethereum blockchain. Each of them was the equivalent of $ 120