Day: October 17, 2019

Hackers Use Malicious Code in WAV Audio Files To Mine Cryptocurrencies

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Threat researchers have discovered malicious code in WAV audio files, code that hackers use to mine cryptocurrencies. Hackers earn thousand of dollars per month On Oct. 16, researchers at BlackBerry Cylance, a software company that develops anti-virus programs, reported the discovery of malicious code hidden within WAV audio files. This type of malware campaign, where hackers conceal malware codes in ordinary-looking files, is known as steganography. The analysis showed that some of the WAV files contained code to deploy malware for financial gain and establish remote access within the victim…

Cointelegraph Blocked in Russia | Cointelegraph

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Cointelegraph’s website has become widely inaccessible in Russia as authorities added the domain to a registry of blacklisted sites. The blacklist Although Cointelegraph has been publicly on a list of blocked sites since 2017, it was only yesterday, October 16, that the Russian Federal Service for Supervision of Communications, Information Technology and Mass Media, more commonly known as Roskomnadzor, implemented the block on a technical level.  The developer of a popular Russian anti-censorship browser extension, who wishes to remain anonymous for security reasons, confirmed the block to Cointelegraph. “The URL…

Bitcoin Price Hovers Above $8,000 While XRP Jumps 5% on the Day

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Thursday, Oct. 17 — Bitcoin (BTC) is hovering just above the $8,000 price mark, while XRP shows impressive gains on the day. Cryptocurrency market daily overview. Source: Coin360 For most of the day, the world’s largest cryptocurrency has been trading within a tight range between $8,000 and $8,100. BTC traded from an intraday low of around $8,010 up to $8,135 before hitting its current trading price of $8,062, showing a subtle gain of around 1% in the past 24 hours. Cointelegraph reported today that notorious crypto skeptic Nouriel Roubini had finally…

US Senator Finds Negative Reactions to Facebook’s Libra ‘Puzzling’

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United States Senator Mike Rounds expresses his support for Facebook’s Libra coin in a letter sent to Libra Association member Anchorage Trust company. United States payment systems in its infancy On Oct. 17, U.S. Senator Mike Rounds wrote to Nathan McCauley, president of crypto custodian company Anchorage Trust, where he expressed his concerns that other parts of the world are “dwarfing” the United States in innovative payment technologies.  The Senator points to the people’s Republic of China, where 80% of consumers used mobile payment systems last year, compared to only…

Bank of Canada Exploring Possibility of Launching a Digital Currency

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Bank of Canada, the Canadian central bank, is exploring the possibility of launching a digital currency that would replace cash and track how people spend their money. The aim of the proposed currency would be to mitigate the “direct threat” posed by cryptocurrencies to the economic sovereignty of governments and central banks, an issue that has featured prominently in the headlines recently amidst intense regulatory pushback on Facebook’s proposed coin, Libra. The proposal was pitched to Stephen Poloz, Governor of the Bank of Canada, and its board of directors in…

Buy BTC to Escape Negative Yield Bonds

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Bitcoin (BTC) bull and co-founder of Gemini crypto exchange Cameron Winklevoss has noted that the volume of negative interest bonds accounts for $17 trillion and has urged the public to buy Bitcoin. In an Oct. 17 tweet. Winklevoss wrote: “$17 trillion dollars are currently held in negative interest bonds. 17 trillion reasons why you should own bitcoin.” How to move such a volume to BTC? In a series of comments to the tweet, one of the users argued that “migrating this over to Bitcoin is a huge challenge,” to which…

Burj Khalifa Developer Emaar to Launch Tradeable Reward Token EMR

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Dubai-based real estate giant Emaar Properties has released its new blockchain token-based referral and loyalty platform. Real monetary value Emaar, which developed the world’s tallest building, the Burj Khalifa, as well as the Dubai Mall, is planning to launch the EMR token for rewarding its customers, local publication Arabian Business reports Oct. 17. Based on JPMorgan’s blockchain platform Quorum, EMR tokens will be redeemable not only within Emaar’s real estate network, including hotels, ecommerce operations and malls, but also can be traded with other users, the report says. According to…

SLP Token Ecosystem Built on Bitcoin Cash Continues to Blossom

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The Simple Ledger Protocol (SLP) has come a long way since its inception and more than 4,900 SLP tokens have been created to date. During the last few months, SLP usage has grown significantly with people constructing various types of unique ideas that create more use cases for these token concepts. Also read: SEC Commissioner Speaks Positively About Digital Assets Despite Recent Enforcement Flurry Close to 5,000 SLP Tokens Created and Dividend Payments Lots of individuals have been creating SLP tokens on the Bitcoin Cash (BCH) blockchain. Using the SLP…

The Next Big Derivative to Hit the Market?

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The United States Commodity Futures Trading Commission (CFTC) hasn’t come to bury Ether, it’s come to regulate it. That was the message drawn from Heath Tarbert’s remarks from the stage at Yahoo Finance’s All Markets Summit in New York City on Oct. 10, which could have important consequences for the crypto and blockchain industry. He went on: “It is my view as Chairman of the CFTC that Ether is a commodity, and therefore it will be regulated under the CEA. And my guess is that you will see in the…

Telegram Asks Court to Deny SEC’s Action, Says Gram Is Not a Security

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Telegram responded to the United States securities regulator, arguing that Gram, the native cryptocurrency for the Telegram Open Network (TON), is not a security. Telegram requests to deny SEC’s injunction In an Oct. 16 filing, Telegram urged the United States District Court for the Southern District of New York to deny the U.S. Securities and Exchange Commission’s (SEC) request for a preliminary injunction. Moreover, the firm asked the court to enter an order that maintains the status quo regarding the offer, sale or distribution of Grams. The filing is released…