Posts filtered by tags: Cryptocurrency[x]


Coinbase users can now withdraw Bitcoin SV following BCH fork

If you’re a Coinbase user, you may have seen some new tokens on your account. The Bitcoin Cash chain split into two different chains back in November. It means that if you held Bitcoin Cash on November 15, you became the lucky owner of Bitcoin SV and Bitcoin ABC. And Coinbase just started handing out Bitcoin SV to its users if you’re involved in the split. The split happened because Bitcoin Cash developers couldn’t agree on an upgrade. Some developers backed an upgrade to the code called B...
Tags: Abc, Tech, Bitcoin, Coinbase, Cryptocurrency, Blockchain, BCH, BSV, Distributed Ledger, Bitcoin Cash, Bitcoin ABC, Bitcoin SV, Bitcoin SV and Bitcoin ABC

Cryptocurrency influencers are even worse than normal influencers

Tech marketers have been using celebrity endorsements for decades – Microsoft and Apple have relied on this method to flock their goods to the masses since the ’80s – and the cryptocurrency industry, although nascent, is no different. In the beginning, one could argue the objective was to put a friendly, familiar face on a product to make it more relatable to the average consumer. Today, it’s much more about the cool factor and reinforcing the link created between the endorser, the product, and ...
Tags: Apple, Startups, Microsoft, Cryptocurrency, Hard Fork

WATCH: Understanding real estate tokenization

What is tokenized real estate? How can cryptocurrency transactions help offset the shifting market? Piper Moretti, founder and CEO of The Crypto Realty Group, gives an overview of how it works and how agents can benefit onstage at Inman Connect New York. 
Tags: Technology, Radio, Bitcoin, Cryptocurrency, Blockchain, Inman Connect New York, Markets & Economy, Select, ICNY, Piper Moretti, Crypto Realty Group, Inman Connect New York 2019, ICNY 2019, Icny 19, Connect Video, The Crypto Realty Group

First Android Clipboard Hijacking Crypto Malware Found On Google Play Store

A security researcher has discovered yet another cryptocurrency-stealing malware on the official Google Play Store that was designed to secretly steal bitcoin and cryptocurrency from unwitting users. The malware, described as a "Clipper," masqueraded as a legitimate cryptocurrency app and worked by replacing cryptocurrency wallet addresses copied into the Android clipboard with one belonging [Author: [email protected] (Swati Khandelwal)]
Tags: Google Play Store, Tech, Malware, Cyber Security, Android security, Cryptocurrency, Swati Khandelwal, How To Hack Android, Android Malware, Malware Protection Software, Clipboard Hijacking

Moonday Mornings: Google Play caught hosting cryptocurrency-stealing app

If you were to place a bet on what stories would be included in Moonday Mornings each week, what would you say? A dodgy cryptocurrency stealing app? A lawsuit? Maybe some new research that kills some hype? Or maybe even some news of government organizations joining the party? Well, you’d be right if that’s what you guessed. Here ‘s the low-down on what happened last weekend. 1. Google’s Play Store has been caught hosting a malicious app that poses as MetaMask and looks to steal users’ cryptocurr...
Tags: Google, Startups, Cryptocurrency, Blockchain, ESET, Hard Fork

The plot to revive Mt. Gox and repay victims’ Bitcoin

It was the Lehman Brothers of blockchain. 850,000 Bitcoin disappeared when cryptocurrency exchange Mt. Gox imploded in 2014 after a series of hacks. The incident cemented the industry’s reputation as frighteningly insecure. Now a controversial crypto celebrity named Brock Pierce is trying to get the Mt. Gox flameout’s 24,000 victims their money back and build a new company from the ashes. Pierce spoke to TechCrunch for the first interview about Gox Rising — his plan to reboot the Mt. Gox b...
Tags: Security, Startups, TC, Apps, Japan, Hbo, Lawsuit, Developer, China, US, Tech, Spain, Banking, Bitcoin, Tokyo, Silicon Valley

Critical Zcash Bug Could Have Allowed 'Infinite Counterfeit' Cryptocurrency

The developers behind the privacy-minded Zcash cryptocurrency have recently discovered and patched a highly dangerous vulnerability in the most secretive way that could have allowed an attacker to coin an infinite number of Zcash (ZEC). Yes, infinite… like a never-ending source of money. Launched in October 2016, Zcash is a privacy-oriented cryptocurrency that claims to be more anonymous [Author: [email protected] (Swati Khandelwal)]
Tags: Tech, Vulnerability, Cyber Security, Cryptocurrency, Make Money, Zcash, Swati Khandelwal, Cryptocurrency Exchange, Zcash ZEC, Zcash Miner

Cryptocurrency Firm Loses $145 Million After CEO Dies With Only Password

QuadrigaCX, the largest bitcoin exchange in Canada, has claimed to have lost CAD 190 million (nearly USD 145 million) worth of cryptocurrency after the exchange lost access to its cold (offline) storage wallets. Reason? Unfortunately, the only person with access to the company’s offline wallet, founder of the cryptocurrency exchange, is dead. Following the sudden death of Gerry Cotten, [Author: [email protected] (Mohit Kumar)]
Tags: Tech, Bitcoin, Canada, Cryptocurrency, Mohit Kumar, Cryptocurrency Mining, Cryptocurrency Exchange, Cryptocurrency Market, Exit scam, Cryptocurrency Scam, QuadrigaCX, Gerry Cotten

Crypto exchange Kraken acquires Crypto Facilities

Cryptocurrency exchange Kraken just closed its biggest acquisition to date. The company is buying Crypto Facilities in a nine-figure deal. Crypto Facilities is an exchange and index provider regulated by the Financial Conduct Authority in the U.K. In particular, Crypto Facilities lets you trade futures on multiple cryptocurrency pairs. Following this acquisition, some Kraken users can now access both spot and futures trading. The company also has an OTC service for large orders. Futures are limi...
Tags: Fundings & Exits, Startups, Tech, Financial Conduct Authority, Cryptocurrency, Blockchain, Kraken, Crypto Facilities, Coinsetter Cavirtex, Glidera, U S Kraken, EUR Fortune, SEC Kraken

Cryptocurrency Firm Losses $145 Million After CEO Dies With Only Password

QuadrigaCX, the largest bitcoin exchange in Canada, has claimed to have lost CAD 190 million (nearly USD 145 million) worth of cryptocurrency after the exchange lost access to its cold (offline) storage wallets. Reason? Unfortunately, the only person with access to the company’s offline wallet, founder of the cryptocurrency exchange, is dead. Following the sudden death of Gerry Cotten, [Author: [email protected] (Mohit Kumar)]
Tags: Tech, Bitcoin, Canada, Cryptocurrency, Mohit Kumar, Cryptocurrency Mining, Cryptocurrency Exchange, Cryptocurrency Market, Exit scam, Cryptocurrency Scam, QuadrigaCX, Gerry Cotten

First Hacker Convicted of 'SIM Swapping' Attack Gets 10 Years in Prison

A 20-year-old college student who stole cryptocurrency worth more than $5 million by hijacking victims' phone numbers has pleaded guilty and accepted a sentence of 10 years in prison. Ortiz was arrested last year on charges of siphoning millions of dollars in cryptocurrency from around 40 victims using a method commonly known as "SIM swapping," which typically involves fraudulently porting of [Author: [email protected] (Swati Khandelwal)]
Tags: Tech, Cyber Attack, Cryptocurrency, Ortiz, Swati Khandelwal, Cryptocurrency Exchange, Cryptocurrency Malware, Sim Swapping, Sim Card Cloning, Sim hacking, SIM Swapping Attacker, SIM Swapping Hacker

Crypto Exchange Says It Can't Repay $190 Million to Clients After Founder Dies With Only Password

Canadian crypto exchange QuadrigaCX says it cannot repay most of $190 million in client holdings after its 30-year-old founder Gerald Cotten, the only person who knew the passwords to its “cold storage,” unexpectedly died in India in December 2018, Coindesk reported on Friday.Read more...
Tags: Science, Technology, Passwords, India, Cybersecurity, Bitcoin, Crypto, Cryptocurrency, Crypto Exchanges, Gerald Cotten

New Mac Malware Targets Cookies to Steal From Cryptocurrency Wallets

Mac users need to beware of a newly discovered piece of malware that steals their web browser cookies and credentials in an attempt to withdraw funds from their cryptocurrency exchange accounts. Dubbed CookieMiner due to its capability of stealing cookies-related to cryptocurrency exchanges, the malware has specifically been designed to target Mac users and is believed to be based on [Author: [email protected] (Mohit Kumar)]
Tags: Tech, Malware, Cyber Attack, Cryptocurrency, Apple Mac Malware, Mohit Kumar, Mac Malware, Cryptocurrency Mining, Cryptocurrency Wallets

Binance now lets users buy crypto with a credit card

Binance, the world’s largest crypto exchange based on trading volume, will now let you spend money you don’t have after it added support for credit cards from Visa and Mastercard. Credit card usage in crypto is controversial. Aside from the risk — ask anyone who bought crypto last year… — top exchanges have gone back and forth on support. Coinbase, for example, stopped allowing credit card purchases a year ago but, when it still allowed them, customers were found to have incurred additiona...
Tags: TC, Note, Money, Washington, Tech, Ceo, Author, Economy, Uganda, Bitcoin, Credit Card, Cryptocurrencies, Coinbase, Cryptocurrency, Blockchain, TechCrunch

Investing, Real Estate, In-Game Ads: Sputnik ATX’s Third Accelerator

Austin—Startup accelerator Sputnik ATX has a picked five startup companies for its newest program, the third Sputnik has run. That includes software makers and entrepreneurs focused on investing, commercial real estate, advertising for gaming, and building websites.Founded in 2017, Sputnik ATX runs two programs annually, selecting a group of five startups that are seeking help with product development, mentorship, sales, and more. The accelerator gives each selected startup $100,000 to particip...
Tags: Startups, Accelerator, Texas, Technology, College, Retirement, Finance, Advertising, Employment, Sales, Trends, Startup, Tech, Investment, Website, App

Report: Just Two Groups May Be Behind $1 Billion in Cryptocurrency Hacks

Just two groups of “highly sophisticated cyber criminals” may be behind an estimated $1 billion in cryptocurrency thefts, the Wall Street Journal reported on Monday.Read more...
Tags: Science, Technology, Cybersecurity, Cybercrime, Bitcoin, Hacking, Crypto, Hackers, Wall Street Journal, Cryptocurrency

Healthcare Technology Bubble Concerns Are Likely Overblown

By nearly every measure, 2018 was a banner year for the venture capital industry, particularly in the healthcare technology sector.Over $130 billion of venture capital was invested across all sectors in the U.S., easily eclipsing the prior high-water mark in 2000 and nearly 4.8 times what was invested a decade ago.While certain sectors may now be demonstrating bubble-like tendencies, the data also reflect the activity of SoftBank’s ~$100 billion Vision Fund and other late start cross-over invest...
Tags: Amazon, Startups, Boston, Softbank, Trends, Tech, Debt, Vc, Software, Bitcoin, Healthcare, Treasury, Cryptocurrencies, Cleantech, Bubble, Cryptocurrency

Crypto wallet BRD raises $15M for Asian expansion

Mobile cryptocurrency wallet BRD is announcing that it’s raised $15 million in Series B funding. The funding comes from SBI Crypto Investment, a subsidiary of Japanese financial services company SBI Holdings (formerly a subsidiary of SoftBank). BRD said the funding will allow it to grow its product and engineering teams, and to expand in Japan and across Asia. “SBI Group’s investment in BRD allows us to firmly cement ourselves in the Asian market,” said BRD co-founder and CEO Adam Traidman in...
Tags: Startups, Mobile, Asia, Japan, Tech, Bitcoin, North America, Cryptocurrency, Chen, SBI, SBI Holdings, SBI Group, Spencer Chen, BRD, SBI Crypto Investment, SoftBank BRD

Steemit, crypto’s answer to Reddit, gets a new boss to rebuild after widespread layoffs

Steemit, an early blockchain startup that’s developing an alternative to Reddit, has a new chief less than two months after laying off most of its staff as part of cost-cutting measures. Celebrated as an early success story in the crypto world, the company shed 70 percent of its employees back in November on account of the ‘crypto winter’ which has seen the price of Bitcoin, Ethereum and other cryptocurrencies plummet by 90 percent or so. Steemit is far from the only blockchain startup forced to...
Tags: Media, Tech, Ceo, Economy, Computing, Reddit, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Blockchain, Decentralization, Powell, Elizabeth Powell, Joseph Lubin, Steemit

Google’s head of account security has fix for cryptocurrency SIM-swapping

SIM-swapping has plagued cryptocurrency holders for close to a year, and now Google’s head of account security has had enough. He wants to put a stop to it with a clever gadget the size of a flash drive. This new form of identity fraud hinges on tricking telecom staff into rerouting a victim’s telephone number to a SIM card housed in a device under the control of an attacker. Its effect was demonstrated recently when a victim filed a $224 million lawsuit against his cell phone provider, AT&T, al...
Tags: Google, Startups, Cryptocurrency, Blockchain, AT T, Hard Fork

The social layer is ironically key to Bitcoin’s security

A funny thing happened in the second half of 2018. At some moment, all the people active in crypto looked around and realized there weren’t very many of us. The friends we’d convinced during the last holiday season were no longer speaking to us. They had stopped checking their Coinbase accounts. The tide had gone out from the beach. Tokens and blockchains were supposed to change the world; how come nobody was using them? In most cases, still, nobody is using them. In this respect, many crypto pr...
Tags: Security, Tech, Bitcoin, Minecraft, Ethereum, Cryptocurrency, Blockchain, Satoshi Nakamoto, Bitcoin Core, Emin Gün Sirer, DAO Ethereum

Coinstar machines will start selling Bitcoin at the grocery store

You know those machines at the grocery store that transform your gallon jugs worth of change into more usable currency? They’re about to start selling Bitcoin . To make this impulse shopping dream come true, Coinstar, the company behind those ubiquitous change-counting kiosks, has partnered with Coinme, a startup that operates a small network of cryptocurrency-dispensing ATMs around the country. “Coinstar is always looking for new ways to offer value to our consumers when they visit our kio...
Tags: TC, California, Tech, Bitcoin, Cryptocurrencies, Cryptocurrency, Digital Currencies, Texas Washington, Bitcoin ATM, Coinstar, Coinme, Jim Gaherity

Coinbase acquihires San Francisco startup Blockspring

Coinbase is continuing its push to suck up talent after the $8 billion-valued crypto business snapped up Blockspring, a San Francisco-based startup that enables developers to collect and process data from APIs. The undisclosed deal was announced by Blockspring on its blog, and confirmed to TechCrunch by a Coinbase representative. Coinbase declined to comment further. Blockspring started out as a serverless data business, but it pivoted into a service that lets companies use API data. That inc...
Tags: Fundings & Exits, TC, Y Combinator, Technology, Funding, San Francisco, Tech, Ceo, Author, Information Technology, Aol, Andreessen Horowitz, Api, Cryptocurrencies, Coinbase, Cryptocurrency

Crypto mining giant Bitmain is reportedly getting a new CEO as its IPO plan stalls

Bitmain, the Chinese crypto miner maker, looks like it has reached an interesting point in its pathway to going public. There’s been little heard since the company filed to go public in Hong Kong in September, but now it appears that a new CEO has been hired and its two founders are leaving. That’s according to a report from SCMP which — citing two sources — said Wang Haichao, Bitmain’s director of product engineering, has assumed CEO duties following a transition that began in December. Foun...
Tags: Asia, Hong Kong, Money, Finance, China, Ipo, Tech, Ceo, Author, Economy, Bitcoin, Mining, Cryptocurrencies, Cryptocurrency, Blockchain, Digital Currencies

Thailand issues its first licenses to 4 crypto exchanges

Thailand has joined Japan in regulating crypto exchanges after it issued its first licenses to four applicants. The four that were approved as licensed brokers and dealers of cryptocurrencies in the country are Bx, Bitkub, Coins and Satang Pro. One other exchange — Coin Asset — is under extended review after replacing its management team in a bid to win a license. But two that failed to win a license — Cash2Coins and Southeast Asia Digital Exchange — will shut down this month. They have until Ja...
Tags: Asia, Hong Kong, Japan, China, Singapore, Tech, Thailand, SEC, Vietnam, Cryptocurrency, Blockchain, Bangkok Post, Southeast Asia Japan, Southeast Asia Digital Exchange, Bitkub, Huboi

Google twists Samourai Wallet’s arm to disable privacy features

Samourai Wallet, a Bitcoin wallet provider, is temporarily disabling some of its privacy-related features following a request from Google. The company, founded in 2015 by privacy activists, said in a blog post that it would be disabling three key features (Stealth Mode, Remote SMS and SIM Switch Defense) “due to restrictive Google Play Store Policies.” “All three of these features have been included in Samourai Wallet since our first release in 2015 and have helped define our product as a unique...
Tags: Google, Startups, Cryptocurrency, Hard Fork, Samourai Wallet, SIM Switch Defense

Ethereum Classic (ETC) Hit by Double-Spend Attack Worth $1.1 Million

Popular cryptocurrency exchange Coinbase has suspended all transactions of Ethereum Classic (ETC)—the original unforked version of the Ethereum network—on their trading platforms, other products and services after detecting a potential attack on the cryptocurrency network that let someone spend the same digital coins twice. Why is this attack concerning? The heist resulted in the loss of $1.1 [Author: [email protected] (Swati Khandelwal)]
Tags: Tech, Hacking News, Cyber Attack, Ethereum, Coinbase, Cryptocurrency, Blockchain, Swati Khandelwal, Hacker News, Cryptocurrency Exchange, Double Spend Attack, Ethereum Classic, Double Spend Attack Worth

Coinbase freezes Ethereum Classic trading following attack

Coinbase is preparing to list a lot of new coins this year, but its first major piece of action in 2019 is to temporarily pause one of its existing portfolio. The exchange said it has stopped all trading on Ethereum Classic — a cryptocurrency it added back in August — after it detected an attack on the cryptocurrency’s network. Coinbase identified “a deep chain reorganization” of the Ethereum Classic blockchain which essentially means that someone controlling miners on the network had rewritten ...
Tags: Tech, Coinbase, Cryptocurrency, RTC, Ethereum Foundation, Cody Burns, Linzhi, ASICS Coinbase

Can Blockchain Technology Be a Music Industry Savior?

The advent of the internet in 1999 has drastically changed the mode of music production, distribution, and consumption all over the world. Disruptive technology such as the internet, mp3 file format, and so on have reigned supreme for the last decade in the music industry. Record labels have tried frantically to leapfrog the competition in a saturated market with new entrants popping up daily. Now, blockchain is the latest of such disruptive technology with promise to tackle the problem of decli...
Tags: Spotify, Technology, Sales, Kodak, Xerox, Btc, Cryptocurrency, Blockchain, Imogen Heap, Spotify and Tidal Initially Spotify, Credit Systems

From Alnylam to Zayner: Xconomy’s Top Innovation Stories of 2018

2018 was a year of ups and downs for the business and technology community. It was a year of big exits—both IPOs and acquisitions—for tech and life sciences companies. Venture funding remained strong, but more money went to fewer (and later-stage) companies overall. As the year winds down, we’re reflecting on the big innovation trends and developments that will carry over to next year.Storylines in various sectors helped shape the overall narrative in 2018. Cell and gene therapies, cancer immun...
Tags: Deals, Startups, Technology, Cloud Computing, Trends, Tech, IPOs, It, People, Cybersecurity, Analysis, Vc, Software, Bitcoin, Bill Gates, Innovation

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