Day: June 20, 2019

Recent Firefox’s Zero-Day Flaw Was Used in Attacks Against Coinbase’s Employees

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The recent Firefox’s zero-day security flaw was used in attacks against major crypto exchange and wallet service Coinbase, according to a tweet from Coinbase security researcher Philip Martin posted on June 20. As Martin found, the reported critical zero-day vulnerability in Mozilla’s Firefox web browser, which was announced on June 18, has actually emerged along with another zero-day flaw that targeted Coinbase employees, meaning that there were two separate Firefox zero-day attacks. The Coinbase security expert tweeted: “On Monday, Coinbase detected & blocked an attempt by an attacker to leverage…

Nasdaq-Listed Firm’s Vision for the Future of Advertising

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A Nasdaq-listed company says it is creating a blockchain-enabled platform designed to decentralize data and empower consumers — all while giving brands an alternative to Facebook and Google in the quest to reach the public. Phunware says it is leveraging 10 years of mobile technology experience to enable brands to deliver relevant content to a highly targeted audience, increasing engagement and resulting in a more memorable experience. Customers who share their data with a brand or build loyalty by engaging in profitable behavior, receive incentives, the team adds. Businesses can…

Facebook’s Libra Coin: Initial Reactions Mixed

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Facebook has released its much anticipated white paper for the cryptocurrency Libra. The initial reviews of the highly secretive mega-project are mixed, to say the least. Before taking a look at responses across the cryptosphere, let’s have a quick recap of the Facebook proposal. The Libra coin proposal Libra is designed to be a global currency that aims to simplify cross-border micropayments and remittances enabled by its own blockchain, the Libra Blockchain. As excerpt from the white paper reads: “Just as people can use their phones to message friends anywhere…

Cryptos Will Not Receive Wide Acceptance in the Near Future

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Cryptocurrencies will not receive wide use in Australia as long as the local financial system is efficiently working, the Reserve Bank of Australia (RBA) stated in an official document issued on June 20. According to the notice authored by analysts from RBA’s payments policy department, there is “little likelihood of a material take-up of cryptocurrencies for retail payments in Australia in the foreseeable future” due to a number of reasons. In the document, authors outlined the so-called “scalability trilemma,” which means that crypto can at best solve only two out…

Twitter User Withdraws His Accusations, Claims TradingView’s Fibonacci Tool Is Not Broken

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The CTO of TradingView, a popular chart analysis service, has told Cointelegraph in an email on June 18 that the previous reports of a bug in their Fibonacci retracement technical analysis tool were inaccurate. As Cointelegraph reported earlier this week, a tweet by self-proclaimed certified Elliott wave analyst, Twitter user Cryptoteddybear, had claimed that TradingView’s Fibonacci retracement technical analysis tool was broken. On June 13, Cryptoteddybear had written about the Fibonacci tool provided by the company, noting that “nobody in crypto twitter seems to give a s*** or to understand…

Facebook Has Not Applied for RBI Approval to Operate Libra in India: Report

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Facebook’s newly announced cryptocurrency, libra, may not be available in India due to the current ban of blockchain-based currency transactions, as stated in a report by local publication The Economic Times on June 20. Citing people familiar with the matter, the report says that the social media giant has not applied for approval with the Reserve Bank of India (RBI) to operate its digital currency in the country. As Cointelegraph reported yesterday, a Facebook spokesperson has underlined that Facebook’s digital wallet, Calibra, “won’t be available in U.S.-sanctioned countries or countries…

Feel Lost When Finding Crypto Strategies? One Trading Platform Wants to Change That

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An internationally focused trading platform says it is offering a social element to finance that has never been seen before — bringing together a strong community who can talk strategy and collaborate to achieve strong results. As well as enabling users to trade some of the world’s top stocks — Netflix, Microsoft, Amazon and Apple among them — eToro also provides access to a wide range of cryptocurrencies. Consumers can buy and sell the likes of bitcoin, ether, bitcoin cash, XRP and litecoin with ease, and receive instant updates when…

Crypto Investor Claims Federal Reserve Outlet is “Brazenly Bullish” For Bitcoin

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On Wednesday, the Federal Reserve’s Jerome Powell was asked about his latest thoughts on Bitcoin (BTC), crypto assets, and Libra. True to his nature as an integral piece of traditional finance, the chairman of one of the world’s most powerful institutions didn’t express fear. In fact, echoing a quip he made in 2018, he claimed that cryptocurrencies, even Libra, aren’t big enough to pose a threat to Wall Street yet. Powell even lauded this budding sector, expressing that there is innovation in blockchain and digital assets that should be looked…

Crypto Investor Claims Federal Reserve Outlet is “Brazenly Bullish” For Bitcoin

boss

On Wednesday, the Federal Reserve’s Jerome Powell was asked about his latest thoughts on Bitcoin (BTC), crypto assets, and Libra. True to his nature as an integral piece of traditional finance, the chairman of one of the world’s most powerful institutions didn’t express fear. In fact, echoing a quip he made in 2018, he claimed that cryptocurrencies, even Libra, aren’t big enough to pose a threat to Wall Street yet. Powell even lauded this budding sector, expressing that there is innovation in blockchain and digital assets that should be looked…

Japan’s Line Reportedly Close to Obtaining FSA License for Japanese Crypto Exchange

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LVC Corporation, the digital asset- and blockchain-focused arm of Japanese messaging giant Line, is allegedly close to obtaining a crypto exchange operating license from Japan’s financial regulator. The news was reported by Cointelegraph Japan on June 20. According to the report, Japan’s Financial Services Agency (FSA) could issue the company with an exchange license as early as this month. The trading service, to be dubbed BitMax, would enable Line’s 80 million users in Japan to buy and sell multiple major cryptocurrencies, as well as Line’s native token Link, CT Japan…