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Android Malware Attack Crying Bug Green Red

Hackers Planting Cryptocurrency Mining Malware on Android Smartphones

June 24, 2019 by Ogwu Osaemezu Emmanuel at Cybersecurity, News

Hackers have found a way to exploit loopholes in open Android Debug Bridge (ADB) ports, a client-server program used in the development of Android applications, to mine blockchain-based digital assets. Once a device gets infected, the bad actors can spread the malware to connected devices via Secure Socket Shell (SSH),...

Computer with a Red Skull and Crossbones

Florida’s Riviera Beach Authorities Set to Pay Hackers over $650,000 in Bitcoin

June 22, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Riviera Beach, a tiny city of roughly 35,000 people located just north of West Palm Beach in Miami, Florida, has been crippled by a deadly ransomware attack and the leaders of the city have agreed to cough out a whopping 65 bitcoin (over $650,000 at press time) to regain their...

Malaysia Launches Visa Project to Attract Blockchain Talents

June 21, 2019 by Ogwu Osaemezu Emmanuel at Adoption, News

The Malaysia Digital Economy Corporation (MDEC), has joined forces with the NEM Foundation and Jobbatical, an Estonian cross-border job marketplace to organize a new work visa programme for tech and distributed ledger technology (DLT) talents, in a bid to enrich the nation’s technology sector, according to a report by The...

Facebook to Testify Before U.S Authorities on July 16

June 21, 2019 by Ogwu Osaemezu Emmanuel at News, Regulation

The United States Senate Banking Committee has announced a July 16, 2019 hearing date for Facebook’s Libra cryptocurrency project according to a MarketWatch report on June 19, 2019 More Clarity Required On June 18, 2019, reports emerged that Rep. Maxine Water, chairwoman of the House Financial Services Committee had requested...

Phillippines Department of Trade and Industry Ink MOU with American Blockchain Firm

June 21, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

The Philippines’ Department of Trade and Industry (DTI), has signed a memorandum of understanding (MOU) with Monsoon Blockchain Storage Inc., a U.S.-based firm that specializes in cloud data storage optimization. The two are aiming at enhancing capacity building and institutional development on the effective use of the distributed ledger technology...

YouNow Live Video Streaming Startup Launches Native Cryptocurrency

June 20, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

YouNow, a U.S.-based live video streaming company with more than 47 million registered users, has completed a Regulation A+ filing with the United States Securities and Exchange Commission (SEC) to enable it to distribute its newly launched Props token to users of the platform, according to a Reuters report on...

Japan's Financial Regulator Discussing Caps on Crypto Margin Trading

Japan’s FSA Set to Approve Line’s BitMax Crypto Exchange

June 20, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Line Corporation, the firm in charge of Japan’s largest messaging app, Line Messenger, is set to be approved for its BitMax bitcoin exchange from the Financial Services Agency (FSA), reports Bloomberg on June 20, 2019. Line’s BitMax Awaits FSA Nod Per sources close to the matter, Line Corp is on...

EOS Block Producer Purchases Voice.com Domain for $30 Million

June 20, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

As part of its broader plans to make its decentralized social media platform Voice hugely successful, EOS block producer, Block.one has purchased the Voice.com domain name from MicroStrategy for a whopping $30 million, according to a filing published by the United States Securities and Exchange Commission (SEC) on June 18,...

Russian Hackers May Be Responsible for Coincheck Heist

June 20, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

Investigators looking into the more than half a billion dollar Coincheck heist of 2018 have revealed that Russian hackers may have been responsible for the attack. Reports indicate that two malicious malware written in Russian, “mokes and “netwire,” have been discovered in the previously hacked Coincheck employee’s computer. This, according...

generic us cryptocurrency crypto regulation illo

FINRA and SEC Frustrating U.S Crypto Startups

June 19, 2019 by Ogwu Osaemezu Emmanuel at News, Regulation

The Financial Industry Regulatory Authority (FINRA), a non-governmental and self-regulatory organization (SRO) in charge of regulating member brokerage firms, has been reluctant to approve the application of nearly 40 firms looking to offer crypto-related services in the region. Some insider sources have revealed that FINRA’s inaction stems from the fact...

IBM and UBS Partner with German Car Producer to Develop Blockchain-Based Payment Solutions

IBM Upgrades Blockchain Network to Support Multi-Cloud

June 19, 2019 by Ogwu Osaemezu Emmanuel at Blockchain, News

Technology giant, IBM has announced the launch of its distributed ledger technology (DLT) platform called Multicloud. The firm says its platform is designed to run on other cloud platforms including Azure and Amazon Web Services (AWS), according to a report by Ledger Insights on June 18, 2019. IBM Multicloud Now...

Hyperledger Adds Microsoft and Salesforce to Consortium

June 19, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Hyperledger, a leading open source distributed ledger technology (DLT) project focused on advancing cross-industry blockchain technologies, has announced the addition of eight new members to its growing consortium, including Microsoft, the Ethereum Foundation, Nornickel, and Salesforce among others, according to a press release on June 18, 2019. Hyperledger Expands As...

Boxes with dApps Connected by Blockchains

Dapps Inc Ally with Chainlink to Offer Salesforce Users Accurate Data Feeds

June 19, 2019 by Ogwu Osaemezu Emmanuel at Blockchain

Dapps Inc., an American firm focused on developing innovative enterprise-grade blockchain computing solutions, has joined forces with Chainlink (LINK), a distributed ledger technology (DLT) project whose primary objective is to connect smart contracts with real-world applications. The partnership will enable the former's Salesforce users to have access to real-time, accurate...

BitTorrent’s Bram Cohen Now CEO of Chia Network

June 18, 2019 by Ogwu Osaemezu Emmanuel at Business, News

Chia Network, a distributed ledger technology (DLT) that claims to be focused on creating a “green” cryptocurrency that is less wasteful and more decentralized, has announced Bram Cohen, the creator of TRON’s (TRX) BitTorrent as its new chief executive, according to reports by The Block on June 17, 2019. A...

Parity Launches the First Alternative Zcash Client

June 18, 2019 by Ogwu Osaemezu Emmanuel at Development, News

Zcash (ZEC), the privacy-centric distributed ledger technology (DLT) based digital asset created by Zooko Wilcox in 2016, has announced the release of Zebra, the first Zcash client written entirely in the Rust programming language. Rust is developed by Parity Technologies and will function as an alternative to Zcash, allowing developers...

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