Samsung has applied for a U.K. trademark for a cryptocurrency wallet, after denying rumors it would include a native wallet on the Galaxy S10 earlier this month. South Korean electronics giant Samsung is apparently seeking a trademark in the United Kingdom for a cryptocurrency wallet, according to a Dec. 27 filing with the U.K. Intellectual… Continue reading Samsung Seeks UK Trademark For Cryptocurrency Wallet
Month: December 2018
Japanese Financial Regulator Receives 190 Cryptocurrency Exchange License Applications
The Japanese Financial Services Agency has received 190 cryptocurrency exchange license applications. The Japanese Financial Services Agency (FSA) received 190 cryptocurrency exchange license applications, an unnamed FSA staff member told Cointelegraph Japan on Dec. 28. The FSA has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee… Continue reading Japanese Financial Regulator Receives 190 Cryptocurrency Exchange License Applications
Report: Bitcoin Conforms to Mainstream Markets, Strong Correlation with Gold
A recent report in the Wall Street Journal details how Bitcoin is becoming an increasingly mainstream asset and is starting to develop strong correlations with traditional assets, including Gold. The report cites the increase in institutional funding, increasing venture capitalist (VC) investments, and growing mainstream adoption as possible factors behind its increasing correlation with traditional markets. Despite… Continue reading Report: Bitcoin Conforms to Mainstream Markets, Strong Correlation with Gold
Bitcoin Artist Explains “Why Bitcoin Matters” Through New BTC Sculpture
A sculptor inspired by Bitcoin has created a beautiful piece of artwork commemorating the financial and technological innovation. Each element of the sculpture highlights an important quality of the decentralised digital currency. The piece has been created by cryptocurrency artist Simon Moratz (Twitter handle @mycryptoart. The all-natural, wooden and stone creation is currently on sale… Continue reading Bitcoin Artist Explains “Why Bitcoin Matters” Through New BTC Sculpture
First-Ever UEFI Rootkit Tied to Sednit APT
December 28th 2018, By Tom Spring Researcher at ESET outlines research on the first successful UEFI rootkit used in the wild. LEIPZIG, GERMANY – Researchers hunting cyber-espionage group Sednit (an APT also known as Sofacy, Fancy Bear and APT28) say they have discovered the first-ever instance of a rootkit targeting the Windows Unified… Continue reading First-Ever UEFI Rootkit Tied to Sednit APT
From “Obsolete” Blockchain to Bitcoin at $1 Mln: Predictions of 2018
The most noticeable 2018 predictions on cryptocurrency rates, blockchain adoption and a Bitcoin ETF, which either became a reality or failed. The world of cryptocurrencies is full of prophets and predictions of all ranges, just as any other financial market in the world. 2018 jumped right in with Bitcoin (BTC) hovering around $15,000 and investors… Continue reading From “Obsolete” Blockchain to Bitcoin at $1 Mln: Predictions of 2018
National Bank of Kuwait Launches Ripple-Based Cross-Border Payments Product
The National Bank of Kuwait has launched a remittance product for cross-border live payments based on RippleNet’s blockchain technology. The National Bank of Kuwait (NBK) has launched a cross-border remittance product based on RippleNet’s blockchain technology, according to an announcement published Dec. 27. Established in 1952, the NBK is the largest financial institution in terms… Continue reading National Bank of Kuwait Launches Ripple-Based Cross-Border Payments Product
Crypto Markets Trade Flat as Equities Markets Drop Following Yesterday’s Pump
Following the recent period of volatility in the cryptocurrency markets, Bitcoin has found support around $3,800, and has led the overall cryptocurrency markets to trade sideways. The crypto market’s stability over the past couple of days comes amidst major volatility in the traditional equities markets. At the time of writing, Bitcoin is trading up marginally at… Continue reading Crypto Markets Trade Flat as Equities Markets Drop Following Yesterday’s Pump
Bitcoin Wallet Comprise: Electrum Wallet Breach Costs Users Over $750,000
According to emerging reports, the popular Bitcoin wallet software Electrum has been attacked costing those affected over $750,000 worth of Bitcoin. The security breach involved hackers tricking the wallet into urging users to make a critical update. Those affected were then redirected to an unauthorised GitHub repository where an unofficial update was made to the… Continue reading Bitcoin Wallet Comprise: Electrum Wallet Breach Costs Users Over $750,000
The Year Cryptojacking Ate the Web
By Lily Hay Newman Cybersecurity can feel like a chaotic free-for-all sometimes, but it’s not every day that a whole new conceptual type of attack crops up. Over the last 15 months, though, cryptojacking has been exactly that. It’s officially everywhere, and it’s not going away. The concept of cryptojacking is pretty simple: An attacker finds… Continue reading The Year Cryptojacking Ate the Web