Month: February 2019

A new form of malware steals cookies from cryptocurrency exchanges and other data in an attempt to hack user accounts, cybersecurity research team Palo Alto Networks reported on Jan. 31. CookieMiner, a progression of OSX.DarthMiner, is a malware targets Mac users, stealing saved Google Chrome passwords, iPhone SMS messages and iTunes backups on tethered machines and more. Along with the cookies, the goal of the malware is to gain access to cryptocurrency exchange accounts. According to Palo Alto, the hackers Read more …

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. aXpire.io is proud to announce the launch of its AXPR Prime program, which is a loyalty program for HODLERS of at least 250,000 AXPR. Members of the program receive a number of benefits, including: Free entry into weekly 10,000 AXPR Prime contests. 1 Read more …

The New York State Department of Financial Services (NYDFS) has granted yet another Virtual Currency License (BitLicense) to one more NY-based bitcoin ATM company. Cottonwood Vending Gets the Green Light In a tweet on the official page of the NYDFS, the regulator announced that it has granted a BitLicense to Cottonwood Vending LLC, a Bitcoin ATM company in New York. DFS Grants Virtual Currency License to Cottonwood Vending LLC, Continues to Advance Responsible Innovation in New York’s Fintech Industry — Read more …

The Food and Drug Administration of the Chinese Chongqing Yuzhong District is going to apply blockchain technology to its operations, the official newspaper of the Chinese Communist Party, The People’s Daily, reports on Jan. 31. Blockchain will purportedly be applied by the agency to strengthen the supervision of food and drug quality assurance with better traceability of the product life cycle and anti-counterfeiting measures. Deng Ke, the CEO of PrimeNumber Chain Technology Chengdu Co., Ltd — the company that developed Read more …

In the last 24 hours, the crypto market has slightly declined by $2 billion in valuation as the Bitcoin price fell by one percent. The decline in the value of major crypto assets in the likes of Ripple (XRP) and Ethereum (ETH) which recorded drops in the range of three to five percent prevented the market from continue recovering. Source: CoinMarketCap.com From January 30 to January 31, the crypto market seemed to be rebounding as its valuation rose from $111 Read more …

B2C2, an electronic OTC trading firm and crypto liquidity provider, has just got the green light to offer crypto derivatives in the U.K. The London-based firm announced Thursday that its subsidiary B2C2 OTC Ltd. is now authorized and regulated by country’s financial watchdog, the Financial Conduct Authority (FCA), to arrange and deal in crypto contracts for difference (CFDs). Crypto CFDs allow traders to predict the future price change of specific cryptocurrencies, and in turn, provide an opportunity to make profit in Read more …

Crypto exchange Gemini has announced that it has completed its SOC 2 Type 1 examination, and plans to obtain more security credentials by the end of the year. SOC 2 reports are essentially certifications testifying to the processing integrity, security, and/or availability of a service, with a key focus on data confidentiality for end users. The exchange owned by billionaire crypto investment duo Cameron and Tyler Winklevoss is the first to have this level of security compliance on the cryptocurrency Read more …

One of largest Japanese trading companies has officially announced the start of a proof-of-concept (PoC) aimed to develop a blockchain traceability system, according to a press release published on Feb. 1. Itochu Corporation, a general trading company and one of the five largest companies in Japan, is developing a blockchain traceability system that will allow buyers and sellers to record the date, time, location and other transaction details on blockchain through a smartphone app. The PoC will use the Indonesian-based Read more …

Following the lowest month for over a year in December markets started to recover over the New Year. Progress continued steadily until January 10th by which time markets had recovered almost 40%. The bulls did not stay around for long though as a huge dump wiped out $16 billion in two days sending markets back down towards their lowest levels again. Over the month markets lost 8.6% ending at just over $115 billion total capitalization. Bitcoin hit a huge wall Read more …

Bitcoin storage startup Casa is open sourcing aspects of its lighting network-enabled bitcoin node the firm announced Friday. It’s also launching a browser extension allowing users to interact with their Casa Nodes – hardware devices that connect to and help validate the bitcoin blockchain – directly on any cryptocurrency website that boasts lightning network functionality. Lightning is a layer-two payments protocol running atop bitcoin to facilitate transactions at higher speeds and larger volumes. As such, certain web-based applications such as Read more …

Regulation The South Korean government has updated its stance on initial coin offerings (ICOs) as well as announced the results of its 3-month investigation of ICO activities carried out by Korean companies. The government found that many companies have bypassed its ICO ban and conducted token sales overseas. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations ICO Policy Update The South Korean government announced on Thursday the outcome of its investigation of ICO activities conducted by Read more …

PayPal’s co-founder Luke Nosek has said that his firm initially wanted to create a digital currency that would be independent from banks and governments, similar to crypto. The video of his comments was uploaded to crypto streaming service Bloxlive.Tv on Thursday, Jan. 31. At a panel at the World Economic Forum in Davos, Switzerland last week, Nosek was asked whether PayPal or WeChat Pay, an in-app payment system used by the major Chinese messenger, have already solved various problems related Read more …