Tag Archives: News

The world’s fifth-largest technology company by revenue Alphabet has recently appointed a new CEO. One of the world’s most valuable companies welcomed Google CEO Sundar Pichai. As we reported earlier, Pichai replaced Larry Page and Sergey Brin, Alphabet founders who decided to step down. Soon after promotion, Pichai got a new surprise: the Alphabet board announced awarding Pichai a hefty raise in salary. Now, Sundar’s earnings will make up $2 million per year starting from January, 1....

The United States Securities and Exchange Commission (SEC) has decided to postpone the Wilshire Phoenix’s Bitcoin ETF proposal. According to a document released by the commission, they will continue putting the proposal under review. By February 26th, 2020, the SEC will approve or disapprove the rule changes that will determine the status of the ETF. This decision essentially puts in limbo the status of the ETF. It also indicates the cold feet that the SEC has towards new Bitcoin and other...

Another case of SIM-swapping is in the books. This time, the culprit is allegedly a 19-year-old man based in Brooklyn, New York, who may have stolen as much as $1 million in assorted crypto funds from various individuals.SIM-Swapping Is Becoming More CommonThe thief – named Yousef Selassie – is presently charged with grand larceny, identity theft and computer trespass among other things. He will face trial and judgement in a Manhattan district court.SIM-swapping is growing in popularity...

People seem to love celebrities. Even cryptocurrency hackers have a thing for famous individuals as recently witnessed in a case of one hacker utilizing an image of famed pop singer Taylor Swift to hide malicious code.Taylor Swift Is Hiding a BotnetTaylor Swift is widely renowned for her capabilities as a musician, actress and marketer. Now, it appears she was unknowingly part of a cryptocurrency botnet that sought to hide crypto malware on infected computers. The botnet is known as MyKingz,...

The news recently got a splash because of the Twitter user reporting transaction censorship. Binance Singapore froze his money because he was sending them to a Wasabi Wallet.CZ Answers on Espionage Allegations by Twitter CrowdsChangpeng pointed out that there are lots of comments on Twitter under the post about a frozen payment. It shows that people still do not understand how the exchange regulation works, while its a broad topic. In terms of AML procedures, the exchange is obliged to...

Well, here’s a bit of good news for us all to enjoy. It looks like maybe bitcoin isn’t doomed to end on such a low note after all.Bitcoin Is Showing Promise Once AgainYes, the currency is nowhere near its peak price of $13,600 which occurred over the summer, but we can all take comfort in the fact that perhaps the number one cryptocurrency by market cap isn’t going to end 2019 below $7,000.After several days of traversing the $6,000 range, it appears the currency is walking a path of...

Most exchanges offer a centralized trading environment – where they store your crypto on their wallets and let you trade via their order book. Centralized exchanges pose a threat of security, lower liquidity, and market manipulation.Decentralized exchanges, on the other hand, are more secure but tend to be limited to a particular blockchain. A decentralized exchange based on Ethereum, for example, cannot trade any Tron-based tokens. Interplanetary Crypto Token Exchange or ICTE has opened up...

A group of hackers used sim swapping to steal BTC. He and his anonymous friends used sim swapping technology since 2016 to target cryptocurrency users. Anthony Faulk got access to the funds of numerous victims, using sim-related credentials. Many of the cryptocurrency teachers travel around the U.S. It is easy for someone with a bad attitude to find out the telephone number of some crypto celebrities. Then, hackers create a copy of a sim-card and send the coins from associated accounts to...

Disney claims that Tron Foundation leader Justin Sun makes use of their TRON trademark. The movie studio has restricted him from achieving the trademarks on certain brand names.Judge rejected three applications including the one concerning the “TRON” trademark on November 6, 2019. Disney’s representation of the situation is that Chinese billionaire Sun is using dirty tricks to promote his coin. Specifically, he paid the designers to make the TRON cryptocurrency logo to look similar to the one...

Just.Game, set to launch on December 22, is the name and domain of the new venture from the wizards behind last year’s blockchain melting FOMO 3D. At its peak, the runaway success of the FOMO 3D dApp slowed the Ethereum network to a crawl and sparked serious FOMO from players intent on scooping its ever-growing jackpot.Just.Game promises to pick up where its predecessor left off, only this time around, TRON will carry the strain. Team Just selected TRON on account of its better scalability...