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Researchers Say 50,000 Servers Worldwide Infected With Privacy Coin Cryptojacking Malware
As many as 50,000 servers worldwide have allegedly been infected with an advanced cryptojacking malware that mines the privacy-focused open source cryptocurrency turtlecoin.
A UK University Is 'Fingerprinting' National Archives With Blockchain
The U.K.'s University of Surrey has announced that it's securing digital government records of national video archives around the world against tampering using blockchain tech and artificial intelligence.
President of Germany's Central Bank Warns of Serious Outcomes of Digital Currencies
The president of Germany's central bank, the Deutsche Bundesbank, has warned central banks about the potential risks of introducing digital currencies, Reuters reports on May 29.
Russian Police Arrest Alleged Creator of Large Crypto Pyramid Scheme From Kazakhstan
Police in Russia have arrested an alleged creator of a crypto pyramid scheme from Kazakhstan who was facing an international arrest warrant, Russia's Ministry of Internal Affairs officially reported on May 28.
Bitfury, Tech Firm Mphasis Plan Blockchain Disruption in Trade Finance
IT firm Mphasis, which is owned by private equity multinational Blackstone, has partnered with blockchain tech firm Bitfury with the aim of disrupting trade finance.
Compliant Token Startup Standard Tokenization Protocol Secures $7 Million in Funding
Compliant tokenization startup Standard Tokenization Protocol announced that it secured $7 million in funding in a press release shared with Cointelegraph on May 29.
US Congress Think Tank Claims Bitcoin Is Used Mostly as 'Investment Vehicle'
Bitcoin and cryptocurrencies are used as a speculative investment tool and not money, a report by United States think tank the Congressional Research Service claimed on May 10.
Barclays Leads $5.5 Million Round for Blockchain Business Payments Startup
Barclays Bank has backed a $5.5 million Series A funding round for blockchain-based B2B payments startup Crowdz.
Regular Users Feeling the Heat
The use of cryptocurrency to bypass international sanctions became more evident as reports surfaced that Iran and Russia were looking into the possibility of facilitating bilateral trade with the use of cryptocurrencies.
IOTA Rolls Out Decentralized Transaction Validation to Replace Centralized Version
Internet of Things blockchain network Iota has completed preparations to further decentralize its transaction validation, Cointelegraph Auf Deutsch reported on May 28.
Bitcoin and US Stock Market Both See Minor Losses
Wednesday, May 29 - most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin still holds over the $8,000 mark, with minor gains on the day.
Bitcoin Price Eyes Longest Monthly Winning Run Since 2017
View With 63 percent month-to-date gains, BTC looks set to register its longest monthly winning run since August 2017.
Rakuten Brings in Compliance Partner for New Crypto Exchange
Japanese e-commerce giant Rakuten, has partnered with blockchain analytics firm CipherTrace to help ensure compliance for its soon-to-go-live cryptocurrency exchange.
Rakuten Wallet Partners With CipherTrace to Assure Safety of Its Upcoming Crypto Exchange
A subsidiary of Japanese e-commerce giant Rakuten, Rakuten Wallet, has partnered with blockchain security firm CipherTrace to assure Anti-Money Laundering compliance for the company's upcoming crypto exchange.
Bitbond Plans to Raise $3.9 Million in Germany's 'First' Regulated STO
Blockchain-based lending platform Bitbond is launching a security token offering that it says is the first to be approved by a regulator in Germany.
BitPay CCO Believes Big Business Will Push Bitcoin's Price Even Higher
A senior executive at cryptocurrency payments processor BitPay told Bloomberg on May 29 that bitcoin will only expand higher from its current price.
MakerDAO: Proposal to Lower DAI Stability Fee by 2% Executed
The decision to lower the so-called stability fee for MakerDAO's Ethereum blockchain-based decentralized stablecoin DAI by 2% has been executed on May 28.
U.K. Exchange Coinfloor Is Getting Paid to Help Crypto Firms Access Banking
Coinfloor, the U.K.'s longest-running crypto exchange, has teamed up with electronic money institution Enumis to deliver bank-like accounts to crypto firms, a perennial pain-point across the industry.
US LocalBitcoins Trader Who Offered Fake Real Estate Gets 21-Month Jail Term
United States authorities have brought criminal charges against a LocalBitcoins trader in connection with operating an unlicensed money transmission business, a government press release confirmed on May 28.
Major Bitcoin Accumulation Was Underway by Big Money During Crypto Winter, Analysts Say
The number of wallets holding between 1,000 and 10,000 bitcoin has seen a sharp increase since the crypto market bottomed this winter, indicating significant accumulation during the price dip.
US dollar has lost 99.99% of its value against Bitcoin
The price of the world's largest cryptocurrency increased by almost 170,000 percent in the past seven years, which caused the United States dollar to lose nearly 99.99 percent of its value against BTC. The trend is surprisingly similar to the behavior of Germany's Papermark during 1920s hyperinflation.
Bitcoin's 'Toxic' Twitter 'Culture War' Explained
This text from a bitcoin enthusiast friend aptly described the confusion on social media platform Twitter in recent days, when leading members of the bitcoin developer and startup ecosystem have been fighting over bitcoin's "Culture" and whether it needs to be changed or improved.
Barclays Leads $5.5 Million Funding Round for Blockchain-Based Invoice Exchange
United Kingdom-based international bank Barclays and technology investment firm Bold Capital Partners have led a $5.5 million funding round for fintech firm Crowdz's blockchain-based global invoice exchange, according to a press release on May 28.According to the report, the blockchain-based technology will purportedly make invoice processing more efficient by digitizing and automatizing what are traditionally manual processes.
Virtual Racing Car in Blockchain Game Sells for Over $110,000
An unknown user bought a virtual racing car for upcoming blockchain-based game F1 Delta Time for 415.9 ether or $110,600 at the time of sale, according to information on the game's website.
German Watchdog Warns Public About Alleged Hiring by Crypto Exchange CoinBene
The Federal Financial Supervisory Authority, Germany's financial regulator, has issued a public warning about cryptocurrency exchange CoinBene on May 28.The watchdog says that CoinBene has been recruiting freelance crypto traders who get paid on commission.
MakerDAO Finally Approves DAI Fee Decrease After 11-Day Deliberation
After nearly two weeks of continuous voting, MakerDAO token holders have officially activated a decrease to DAI stablecoin fees.
South Korea's Bitcoin Trading Volumes on LocalBitcoins Reach New Record Levels
Bitcoin trading volumes in South Korea have recently reached new levels on peer-to-peer exchange LocalBitcoins, according to charts on BTC statistics service Coin Dance.
Report: Circulation of Facebook's Crypto Could Face Demographic Challenges
Facebook's payment-focused cryptocurrency Globalcoin will face demographic challenges, according to recent research by cryptocurrency analysis firm Diar published on May 28.
IOTA launches major network upgrade Coordicide, removes centralized network coordinator
The IOTA Foundation announced the launch of Coordicide, a planned protocol upgrade which removes the network's centralized coordinator.
Car-Racing Crypto Collectable Sells for Over $100,000 In Ether Tokens
A pseudonymous blockchain bidder named "09E282" has apparently paid over $113,000 worth of the cryptocurrency wrapped ether for a token tied to a virtual Formula 1 race car.
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