A security researcher has discovered another 22 Google Chrome web browser extensions built to steal their user’s cryptocurrencies. Cybersecurity news outlet, Naked Security, reported on May 8 that Harry Denley, a security researcher specializing in cryptocurrencies, discovered 22 more malicious Google Chrome extensions. The extensions he discovered impersonated well-known crypto firms like Ledger, KeepKey, MetaMask, and Jaxx. Their purpose is to trick users into giving away the credentials needed to access their wallets. Most of the phishing extensions have already been taken down as of press time. Per the report,…
Day: May 8, 2020
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Binance Doesn’t Have a Headquarters Because Bitcoin Doesn’t, Says CEO
Binance CEO Changpeng “CZ” Zhao really doesn’t want to tell you where his firm’s headquarters is located. To kick off ConsenSys’ Ethereal Summit on Thursday, Unchained Podcast host Laura Shin held a cozy fireside chat with Zhao who, to mark the occasion, was wearing a personalized football shirt emblazoned with the Binance brand. Scheduled for 45 minutes, Zhao spent most of it explaining how libra and China’s digital yuan were unlikely to be competitors to existing stablecoin providers; how Binance’s smart chain wouldn’t tread on Ethereum’s toes – “that depends…
Algorand Partnership Offers Integrated Accounting to Token Holders
Crypto tax provider Verady has announced a partnership with Algorand (ALGO) to offer integrated accounting to ALGO holders. Verady also revealed that its technology is being used by Algorand and Blockchain.com for their internal accounting and auditing. Verady integrates ALGO into tax platform Speaking to Cointelegraph, Verady’s co-founder and chief executive, Kell Canty, stated that the new partnerships are the product of several months of discussions between the firms. The agreement with Algorand has seen Verady integrate ALGO into its software. Canty stated that “ALGO Holders will be able to associate multiple…
Popular Hedge Fund Manager Paul Tudor Jones: ‘Bitcoin Reminds Me of Gold Back in 1976’
Hedge fund manager and investor, Paul Tudor Jones, discussed his opinion in regard to the crypto asset bitcoin on Thursday, saying that it reminds him of the part gold played back in the ‘70s. Jones also disclosed that his fund Tudor BVI has a percentage of Bitcoin futures products as well, and he believes the cryptocurrency is a hedge against inflation. Bitcoin: The Fastest Horse In the Stable This week in a note to investors, the well known hedge fund manager Paul Tudor Jones discussed bitcoin. Jones detailed that he…
Ethereum Price Pumps Along with Bitcoin as BTC Halving 3 Days Away
Bitcoin price is moving up as the halving is just 3 days away. But will Ethereum follow the trend and rise along with Bitcoin? Bitcoin’s third halving is only four days away. Unsurprisingly, the price of Bitcoin has been climbing and is expected to explode after the event. Usually, Bitcoin carries the rest of the crypto market on its shoulder and pulls other assets up as it rises. Ethereum seems to be following Bitcoin’s trajectory and is also on the rise. As a result, many are currently wondering whether or…
Bitcoin News Roundup for May 8, 2020
Bitcoin bumps against six figures while a cancelled crypto event draws legal ire. It’s CoinDesk’s Markets Daily podcast. Original
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Belgium Losing $3.2M to Crypto Fraud in 2019 Is ‘Tip of the Iceberg’
Global losses from cryptocurrency fraud and theft surged massively in 2019, doubling from 2018. Despite multiple efforts to tackle fraudulent crypto schemes, countries like Belgium continued to suffer losses to crypto fraudsters. According to a May 8 report by Belgian newspaper De Tijd, Belgium’s economic inspectorate reported 2.94 million euros ($3.2 million) in losses due to cryptocurrency fraud in 2019. Figures continue to grow, but real numbers are apparently unreported The recent figures show that the number of crypto fraud cases in Belgium has been growing in recent years. In…