In Switzerland, the World Stablecoin Association (WSA) has been established to support existing stablecoins and help develop new stable cryptocurrencies. The association was founded by the VirgoX cryptocurrency exchange and the commercial bank Global Digital Assets (GDA Capital), which operates in the field of blockchain and digital assets. The WSA is headquartered in Geneva. VirgoX CEO Adam Cai said that it is planned to attract all major projects that have issued their own stablecoins to

The largest investors have moved 700,000 ETH, equivalent to $ 182 million, to cryptocurrency exchanges in the past three days. Analysts believe that the whales are preparing for the upward movement in the price of ETH. According to analytical resource Santiment, the transfers of 700,000 ETH in the amount of $ 182.7 million coincided with a decrease in the total balance of OTC wallets by about the same figure. This suggests that the “whales” can

Cisco Talos discovered a botnet that has been active for several months and infected more than 5,000 computers to secretly mine the confidential Monero cryptocurrency. In a report, cybersecurity analyst firm Cisco Talos, part of tech giant Cisco Systems, said it had discovered a botnet called Prometei that has been active for several months. A botnet can disable security controls, copy sensitive files, and disguise itself as other programs to set up hidden mining operations

According to researchers, nearly 50% of OKEx’s internet traffic comes from advertising sites that pay for clicks in cryptocurrencies. CoinGecko analysts argue that cryptocurrency exchanges can distort the amount of internet traffic to their sites. In particular, the report says that in the second quarter of 2020, the trading volume on the OKEx cryptocurrency exchange decreased, but the volume of Internet traffic increased by 239%. This is odd, because internet traffic metrics tend to correlate

Ethereum developer Danny Ryan invited “white hackers” to hack Ethereum 2.0 testnets. The reward for discovered vulnerabilities will be $ 5,000. Danny Ryan posted on Twitter a call to look for vulnerabilities in Ethereum 2.0 testnets with a link to the Github page for more details and conditions. The targets of the “white hackers” are the codebases of mini-networks from Lighthouse and Prysm clients, designed to access the new version of the blockchain. Unlike Ethereum

BTC and securities of Elon Musk’s company first appeared on trading floors in July 2010. Which of the assets to consider for buying and the price of which may collapse the day after tomorrow? Elon Max’s company Tesla in the crypto community began to be called the bitcoin of the stock market. The reason for this lies in the explosive rise in value. The electric car maker was first listed on the stock exchange in

The South Korean cryptocurrency exchange Upbit will prohibit the trading of fiat currencies to foreign traders and will focus on serving local users due to regulatory uncertainty. Upbit, a South Korean exchange, is concerned that the marketplace is having difficulties in bringing digital and fiat currency trading to international users. The key problem is the impossibility of securing uncontrolled trading in fiat currencies using verified bank accounts. Upbit announced that it has entered into a

Despite the decrease in energy consumption of BTC miners shortly after the halving, when inefficient AISC miners began to disconnect from the network, this figure has now started to rise again. After bitcoin halving in May, when the reward for mining a block for miners fell from 12.5 BTC to 6.25 BTC, many unprofitable and inefficient ASIC miners left the network. Then it was reported that the energy consumption of Bitcoin miners decreased by 24%,

Binance wants to consolidate more hashrate of the Bitcoin network from Russia and Central Asia in its pool by deploying a physical server node at the BitRiver mining site in Bratsk. As reported by Binance and BitRiver, the initiative will allow BitRiver ASIC miners who decide to switch to Binance to get a better connection and direct routing to the mining pool. In turn, Binance will have access to clients who manage devices hosted on

ESET specialists discovered the GMERA Trojan, which steals cryptocurrencies from traders. The software is distributed under the guise of crypto asset trading applications on Apple MacOS. ESET, a cybersecurity company, said malware has been integrated into fake cryptocurrency trading applications. After installing these extensions, it begins to steal digital assets from user wallets. Attackers impersonate the Kattana trading platform. They copied the site of the service and promote their software under the guise of four