LoopX, a cryptocurrency startup that raised millions of dollars through several initial coin offerings (ICOs), has disappeared with the funds in what appears to be the latest exit scam. LoopX, which promised “the most advanced trading-algorithm in the cryptocurrency market,” has suddenly vanished, shutting down its website and deleting its social media fingerprint. According to… Continue reading Crypto Startup LoopX Disappears After Raising Millions In Token Sales
Month: February 2018
Telegram Founder: Crypto Mining Malware Attack Isn’t Due to App Flaw
Telegram Founder: Crypto Mining Malware Attack Isn’t Due to App Flaw Russian cybersecurity firm Kaspersky Lab reported today that a vulnerability in Telegram’s messaging app had been exploited to turn desktop computers into unwitting crypto-miners – a claim that the firm’s founder is pushing back against. Full Article Take a look at the best antivirus,… Continue reading Telegram Founder: Crypto Mining Malware Attack Isn’t Due to App Flaw
Global Fund AlphaBit Backs Singapore Blockchain Startup BitCar
BitCar, a Singapore-based blockchain startup, has announced that AlphaBit, a fund launched last year, has purchased a “substantial number of BitCar tokens.” BitCar is currently conducting a token sale to fund the development of its blockchain platform, which intends to facilitate the pegging of cryptocurrency to scarce hard assets such as rare and exotic cards.… Continue reading Global Fund AlphaBit Backs Singapore Blockchain Startup BitCar
Academia Responds to Surging Interest in Digital Assets by Offering Crypto/Blockchain Courses
The success of cryptocurrencies depends in large part on their acceptance by established and trusted institutions, such as universities. These institutions add legitimacy to the crypto-economy and serve as a reliable source of information in a space where misconceptions run rife. Several top universities have begun offering cross-disciplinary courses that focus on crypto/blockchain technology. Carnegie… Continue reading Academia Responds to Surging Interest in Digital Assets by Offering Crypto/Blockchain Courses
Japan’s Financial Regulator Begins On-Site Inspections Of Cryptocurrency Exchanges
Japan’s financial regulator said on Friday that it has begun on-site inspections of cryptocurrency exchanges following the hack of Coincheck last month. After the late-January theft, the Financial Services Agency (FSA) requested cryptocurrency exchange operators in Japan, both licensed and those awaiting approval, to report to the authority on how they manage risks to protect… Continue reading Japan’s Financial Regulator Begins On-Site Inspections Of Cryptocurrency Exchanges
PoS Malware Steals Credit Card Data via DNS Requests
February 9th, 2018 By Catalin Cimpanu Malware hunters from US security firm Forcepoint have stumbled across a new strain of Point of Sale (PoS) malware, the second such type of PoS malware that hides stolen credit/debit card information inside DNS requests. The first PoS malware that was first seen employing this technique… Continue reading PoS Malware Steals Credit Card Data via DNS Requests
Everipedia Secures US$30M Investment For P2P Encyclopedia On The Blockchain
Everipedia, a wiki-based, online encyclopedia, has secured a US$30 million investment from a group of strategic investors led by Galaxy Digital’s EOS.IO Ecosystem Fund with participation from the Distributed Network Advisors (DNA) Fund and others. The startup said the funding will be used to launch Everipedia’s open source blockchain network, and grow its community on… Continue reading Everipedia Secures US$30M Investment For P2P Encyclopedia On The Blockchain
Blockchain Payments Platform BitPesa Acquires TransferZero
Online blockchain payment platform BitPesa is expanding its reach after announcing the acquisition of TransferZero, an international money transfer platform. Founded in 2013, BitPesa has become one of the largest blockchain payment platforms for Africa and Europe and has seen a 24 percent month-over-month growth for the last two years, according to Elizabeth Rossiello, founder… Continue reading Blockchain Payments Platform BitPesa Acquires TransferZero
Security Glue Between the Silos of Endpoint, Server, Cloud and Network Security Gets More Critical
February 8th, 2018 By Greg Young Endpoint and Host security techniques have diverged. There used to be considerable similarity between the techniques and tools used to secure desktops, servers, and even networks. Desktops evolved to become Endpoints, as mobile devices proliferated and they were assembled into a collective of being in the category of… Continue reading Security Glue Between the Silos of Endpoint, Server, Cloud and Network Security Gets More Critical
Japan Net Bank And Fujitsu Trial Blockchain With Mijin And Hyperledger
Japanese blockchain startup Tech Bureau has announced that Japan Net Bank and Fujitsu are testing blockchain technology integrations using Mijin, Tech Bureau’s private blockchain platform utilizing the NEM protocol, and the Hyperledger platform. The proof-of-concept project will focus on assessing the practicality of using blockchain technology for a paperless system for contract administration. It is… Continue reading Japan Net Bank And Fujitsu Trial Blockchain With Mijin And Hyperledger