Security

ETC transaction charges hiked; investors cry foul

Ethereum Classic Blockchain has abruptly incurred a surged transaction cost on the network and investors are worried. This has raised eyebrows among users with pundits speculating a possible double spend attack cooking. In the wake of double spend attacks that…

‘Bulletproofs’ effect: Monero transaction charges drop to near zero in a single week

Monero, the 10th biggest cryptocurrency network has witnessed a steep drop in its transaction charges thanks to a successful system upgrade that took effect last Thursday. Reports from CoinMetrics show that the execution of the network’s hard fork scheduled for…

A UK Security service giant adopts crypto custody services to secure “investors’ digital assets”

G4S, a giant security firm based in the UK has for the first time adopted crypto custody services in an effort to secure investors’ digital assets. While broadcasting the move through a press release dated October 16th, the firm indicated…

Crypto Is Not Effective for Terrorism Financing

The US foundation for defense of Democracies (FDD) center of sanctions and illicit finance shows that crypto-currencies are ill-suited for financing terrorist groups as has been earlier alleged by various regulatory bodies. While delivering the report during his speech at…

Coinbase Will Soon Have Asset Education Pages after Successful Testing

Unless you have been living under a rock you have probably heard of cryptocurrencies. Crypto has been rocking the headlines the past two years or so with investors and enthusiasts raving about various crypto tokens. A lot of consumers though…

20 Year Old Charged with Stealing $5 Million worth of Crypto

California authorities have reportedly arrested a student who is suspected of stealing 5 million dollars’ worth of Bitcoin and also a few Altcoins through a scam technique known as “Sim jacking”. Tech news site Motherboard which reported the incident also…

The CBA Involved in Shipping of 17 Tons of Almonds Using the Block Chain

An announcement has been made about a successful trade made by the Commonwealth Bank of Australia through its newly created blockchain platform. As part of a blockchain experiment, the Commonwealth Bank of Australia together with five domestic and overseas supply…

Nearly 400 websites were infected with Coinhive code in the latest cryptojacking incident

Cryptojacking, i.e. hijacking unsuspecting users computers for surreptitious cryptocurrency mining, has become a persistent issue. In the latest such incident, nearly 400 websites were infected with a Coinhive crypto mining code. Cryptocurrency mining is a complex, resource-intensive, and competitive process.…

Crypto mining malware targets Monero !

‘Cryptojacking’, i.e. using unsuspecting users computing resources to mine cryptocurrencies surreptitiously, is becoming increasingly common. In the latest such incident, crypto mining malware designed to mine Monero (XMR) cryptocurrency was used to infect Linux server, taking advantage of five-year-old security…