NEWS Feed
Cybersecurity firm Sophos has alerted iOS users to the rise of victims of a new type of cryptocurrency scam, CryptoRom. Sophos experts report that a new type of scam is when attackers use a dating site to convince a user to install a fake cryptocurrency trading application, and then offer to invest money in various financial projects. In order for the victim to trust the scammers and invest large amounts, she is paid a small
The reputation of the Creature Toadz team suffered even before the launch of the platform due to a young cybercriminal who hacked the project’s Discord account. Before launch, the Creature Toadz project, which specializes in producing NFTs, was subjected to a cyber attack. The hacker hacked the team’s Discord account and tricked the project participants into sending over 88 ETH (about $ 340,000) to their wallet. The attacker introduced himself as a moderator and posted
Atomic swaps are a mechanism for enabling true P2P trading of cryptoassets directly through the blockchain. How do atomic swaps work and what is the future of this technology? Atomic swaps are automatic contracts for exchanging cryptoassets between blockchains. The mechanism of smart contracts completely eliminates the need for centralized third-party organizations (exchanges or exchangers) when making transactions and frees the counterparty from risk. This is one of the few truly decentralized methods of conducting
In El Salvador, speculators took advantage of the fact that the Chivo wallet was displaying the price of bitcoin in a non-real time to cash in on arbitrage. Therefore, the price freeze function was disabled. According to a post on Chivo’s official Twitter account, wallet users will not be able to see the recommended price for trades made using the price freeze function. Thanks to this feature, the user can save the bitcoin price for
In light of the US Securities and Exchange Commission (SEC) approval of the Bitcoin futures ETF, asset management firm Grayscale Investments is set to enter a new market. The CEO of Digital Currency Group, Grayscale’s parent company, Barry Silbert, said the company is considering transforming its Bitcoin Trust into an ETF for Bitcoin. When asked when the company plans to launch Bitcoin ETFs, Silbert evasively replied, “Stay tuned.” Investors in the Grayscale Bitcoin Trust, however,
The first bitcoin mixers appeared at the dawn of the industry. Who uses them today and how do coin mixing services keep privacy? It is generally accepted that Bitcoin is distinguished from fiat money by anonymity and decentralization. But this is not entirely correct. All transaction data is stored and displayed in the blockchain ledger, which makes it possible to track the path of each coin to its final storage location. In addition, there are
Cryptocurrency company Bakkt, which specializes in organizing Bitcoin futures trading, will list shares on the New York Stock Exchange on Monday. Bakkt Holdings announced in a press release that on Monday, October 18, it will list its shares on the New York Stock Exchange (NYSE). Thus, Bakkt will join the ranks of cryptocurrency companies whose securities are traded on traditional stock exchanges. Bakkt’s Class A shares and warrants will be listed on the New York
In different countries, more and more employees want to receive a salary in cryptocurrency. Strike, a developer of solutions for the governments of El Salvador and Tonga, has added the ability to convert salaries to bitcoins to the wallet. Cryptocurrency company Strike announced the launch of the Pay Me in Bitcoin service in its wallet, which will allow users to directly convert their salary or part of it into bitcoins. The owner of the wallet
International bank card operator Visa has announced a partnership with NFT’s creator, artist Mika Johnson, to launch a new social project to help NFT creators. According to the company’s press release, the collaboration aims to create a learning project that will help NFT creators better understand the non-fungible token industry and teach them how to use various public blockchain networks to develop and sell their digital works. Visa will provide a link between the creators
Cryptocurrency exchange Coinbase has proposed a new regulatory regime for the digital asset industry under the oversight of a single agency. Coinbase released a document called “Digital Asset Policy Proposal” urging Congress to create a new agency to oversee the cryptocurrency industry. Coinbase executives have expressed dissatisfaction with the “patchwork” of regulators that control cryptocurrencies. These include the Securities and Exchange Commission (SEC) and the United States Commodity Futures Trading Commission (CFTC). Coinbase believes that