Crypto

indian crypto

Indian crypto ban reports are ‘clickbait,’ says local source

The draconian bill introduced in 2019 by former finance secretary Subhash Chandra Garg to ban cryptocurrencies in India has haunted crypto enthusiasts and entrepreneurs in the country to this day. Reports on the further development of the bill and the possible introduction of it as law by Bloomberg. And the local news outlet Economic Times […]

cryptocurrencies

Suspended ePayments platform restarts without crypto

The online money transfer platform ePayments is restarting services after a seven-month suspension. And cryptocurrencies support is notably absent this time around. The ePayments is a global money transfer service with more than 1 million accounts and 75,000 debit cards issued. The company made profits of $US23.2 million in 2019 according to its regulator filings. […]

Microsoft warns digital currency owners about new malware

Microsoft warns digital currency owners about new malware

In a tweet, on August 27, Microsoft Security Intelligence (MSI) warned crypto-currency owners who are also Windows users that their funds in crypto wallets could be in danger due to new malware. The new malware, named Anubis, appears to be using Loki forked code. It robs these Windows users of crypto-wallet credentials, credit card details, […]

Ethereum vulnerable to frontrunners: Researcher

Ethereum vulnerable to frontrunners: Researcher

According to Dan Robinson, a research associate with crypto-asset investment company Paradigm, Ethereum may be vulnerable to frontrunners. Robinson said in a blog post that where the weakness lies in the architecture of Ethereum’s mempool. Or a collection of unconfirmed transactions. He said arbitrage bots track transactions pending in the Ethereum mempool and attempt to […]

Cryptocurrency

Three Crypto Trader Solutions When Markets Get Volatile

Bitcoin (BTC) is here again! And so is the rest of the market for cryptoassets. But their return has also heralded market volatility’s comeback. While experienced traders rejoiced at 5% to 15% intraday price movements, allowing them to make substantial daily gains, not everyone is happy. Sharp upswings in volatility can present more challenges than […]

Digital Yuan

China Extends Digital Yuan Trials to Beijing and Neighboring Provinces

China’s Ministry of Commerce today announced it would extend the trials of the nation’s digital currency central bank (CBDC) to include Beijing, as well as provinces Tianjin and Hebei. According to a Wall Street Journal article dated Aug 14, there is not yet a fixed time when the Chinese CBDC’s expanded pilot program will begin. Still, […]

The Number of Active Crypto Traders in Japan Decreased in March

Before the state of emergency was formally declared slowing the pandemic spread in Japan. Total crypto-exchange activity decreased as fiat deposits peaked. The number of active crypto accounts registered in the country decreased from 2.048.501 in February to 2.044.806 in March. According to data published by the Japan Virtual and Crypto Asset Exchange Association (JVCEA) […]

CWT Travel Management Company Pays $4.5M Bitcoin to Hackers

U.S.-based travel company CWT paid $4.5 million in a Bitcoin ransom to hackers who stole the company’s confidential data. According to Reuters’ July 31 report, CWT (formerly Carlson Wagonlit Travel) representatives paid 414 Bitcoin (BTC) ransomware hackers on July 27. About $4.5 million at the time — over two transactions. Blockchain data reveals that, within […]

North Korea’s Crypto-Extortion Efforts Have Expanded Considerably in 2020

North Korea’s Crypto-Extortion Efforts Have Expanded Considerably in 2020

A group of hackers linked to the North Korean regime kept their efforts at crypto-extortion alive in 2020. According to a report published by Chainalysis, a group of North Korean hackers operating under the name “Lazarus” targeted several crypto-exchanges last year. One of the attacks involved creating a fake trading bot that had been offered […]