Month: December 2019

Chrome Browser Extension Ethereum Wallet Injects Malicious JavaScript To Steal Data

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An Ethereum (ETH) wallet known as “Shitcoin Wallet” is reportedly injecting malicious javascript code from open browser windows to steal data from its users. On Dec. 30, cybersecurity and anti-phishing expert Harry Denley warned about the potential breach in a tweet: – Source Twitter According to Denley’s tweet, Chrome browser crypto wallet software Shitcoin Wallet is targeting Binance, MyEtherWallet and other well-known websites containing users’ passwords and private keys to cryptocurrency. The Shitcoin Wallet Chrome extension – ExtensionID: ckkgmccefffnbbalkmbbgebbojjogffn – works by downloading a number of javascript files from a remote…

Tom Shaughnessy and Jordan Clifford on Layer 1 Wars, Token Economics and a Shift to Applications

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Tom Shaughnessy is a co-founder of Delphi Digital as well as the host of the Chain Reaction podcast. Jordan Clifford is managing director of Scalar Capital. In this end of year interview for The Breakdown, Tom argues that the big story of 2019 was actually the fact that it was all about “quiet” building. When it comes to 2020, however, watch out for fireworks. Tom predicts we’ll see a major increase in the Layer 1 smart contract platform wars, as well as growth in the perceived importance of token economic…

A Tor-Integrated Cashfusion Build for Bitcoin Cash Is Coming

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On Monday, Electron Cash developer Jonald Fyookball updated the Bitcoin Cash (BCH) community in regards to the Cashfusion protocol. Fyookball revealed that Tor integration is currently in the works. The Tor-integrated Cashfusion build is “the big piece” the development team needs to get from alpha to beta stage, Fyookball detailed. Also read: Privacy-Enhancing BCH Tool Cashfusion Begins Working Behind the Scenes Tor + Cashfusion Bitcoin Cash proponents are excited to hear that developers are relentlessly working on the Cashfusion protocol. A number of BCH users already utilize the Cashshuffle protocol,…

Ethereum’s Hard Fork is Scheduled for Tomorrow

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2019 has been a bit of a rollercoaster ride for those in the crypto sphere, and one thing that is on the mind of many is the upcoming Ethereum fork in January. As everyone knows, a hard fork is one of the most crucial events in the lifetime of any cryptocurrency, and when it happens to be the world’s second-biggest cryptocurrency, then there is going to be a lot of anticipation. Key Details The reason behind choosing to do a hard fork on January 1 is a bit ignominious for…

Vexed Tech Entrepreneur Turns Bitcoin Hacker, Steals €1M+ from Ex-Colleagues

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A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin (BTC) from his former colleagues in what is purported to have been an “act of revenge.” On Dec. 22, the unnamed man was indicted by a judge in Paris on charges of theft, money laundering and fraudulently accessing data processing systems, local newspaper Le Parisien reported on Dec. 28. “Washing away the humiliation” The suspect’s motivation for the theft — his spoils totaling 182 Bitcoin (BTC), worth ~$1.3 million by press time — is…

In Race for 2030 Currency Supremacy, the Dollar Is Its Own Worst Enemy

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The U.S. dollar’s century-long reign of the world economy faces a threat over the coming decade – as China’s renminbi strives to become its successor, as some prominent central bankers call for a more sustainable global monetary regime and as cryptocurrencies pose a radically alternative model.  But as the 2020s begin, the dollar looks as strong as ever in global capital markets. As of Dec. 30, an index of the U.S. dollar’s value is up 24 percent over the past decade, even as the Federal Reserve pumped more than $2…

Inside the Osaka Conference Where Crypto Got Serious About FATF’s ‘Travel Rule’

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This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Leah Callon-Butler is the director of Emfarsis, a consulting firm focused on the role of technology in advancing economic development in Asia. There he was, belting out Fats Waller jazz vibes like it was nobody’s business: Roger Wilkins, the former president of the Financial Action Task Force (FATF).  We’d just completed a practice run for the next day’s V20 Summit, and while the rest…

Inside the Osaka Conference Where Crypto Got Serious About FATF’s ‘Travel Rule’

boss

This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Leah Callon-Butler is the director of Emfarsis, a consulting firm focused on the role of technology in advancing economic development in Asia. There he was, belting out Fats Waller jazz vibes like it was nobody’s business: Roger Wilkins, the former president of the Financial Action Task Force (FATF).  We’d just completed a practice run for the next day’s V20 Summit, and while the rest…

Bitcoin 2020 — Blockchain’s New Year Resolutions

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Most of us believe in the “New Year — New Me” rhetoric: I’m going to lose weight, quit smoking, eat healthy, stop being lazy, spend more time with family and whatnot. Yet, losing weight usually only turns into losing motivation instead. But then, it doesn’t really make sense to laugh at our absurdities, as we humans have plenty of them. Not when it comes to New Year’s resolutions, at least. I mean, we can mostly agree that it’s just a hefty to-do list for the first week of January. Now,…