Tag: Cryptocurrency

  • Police Arrest Hackers Suspected of Stealing $87 Million in Crypto

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    Chinese police from multiple cities have arrested three individuals who allegedly stole bitcoins and other cryptocurrencies worth around $87 million. Chinese news agency Xinhua reported on Saturday that the three were busted on Aug. 15 in the provinces of Hunan and Changchun and the country’s capital Beijing after a months-long investigation launched by the police. […]

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  • Hawaiian Electric Utility Scam Threatens Disconnection Unless Bitcoin Bill is Paid

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    It’s a case of an old scam in a new wineskin. Customers of electric utility companies in the state of Hawaii are being targeted by scammers who are relying on the relative anonymity offered by cryptocurrencies. The fraudsters are calling the customers of power firms that include Hawaii Electric Light, Maui Electric and Hawaiian Electric claiming that […]

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  • Capital One Wants to Authenticate Users on a Blockchain

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    Blockchain adoption continues to rise in the banking sector, with the news that Capital One has applied for a patent to potentially develop a blockchain system that authenticates new users in a secure manner. Capital One is a bank holding company specializing in credit cards and bank loans, making security a primary concern. According to documents […]

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  • Inside the Vegas nightclub that launched its own cryptocurrency

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    It’s 11:15 p.m. on a Friday night and a man in a white button-down shirt named Joey just ordered me a shot of Fireball. It’s a little hard to hear him over the music blasting from the other side of the velvet ropes, but the club’s director of services leans in close to make sure […]

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  • Digital signage for Travel and Tourism

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    By Gulaiym Agbal The travel industry is one among the many to have jumped onto the digital signage bandwagon. Digital signage offers clear benefits to businesses in this sector, to travelers, and tourists. Digital signage enables tourists to explore destinations. It generates business for all involved in this sector. Wayfinding Wayfinding is easily the most […]

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  • US Senate to Examine Energy Efficiency of Blockchain

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    The U.S. Senate is set to take another look at blockchain technology next week. The Committee on Energy and Natural Resources will host a hearing on “Energy Efficiency of Blockchain and Similar Technologies” on August 21, in an effort to better understand how blockchain technology might impact electricity prices and what benefits it can provide, […]

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  • Korea’s Crypto Industry Condemns Exclusion Plan from Venture Firms List

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    Crypto exchanges and blockchain startups in South Korea are protesting against a recent legislative proposal by the government to exclude the industry from recognized venture businesses. In a proposal outlined by South Korea’s Ministry of SMEs and Startups this week, the government body revealed its intention to exclude the blockchain industry, including cryptocurrency exchanges, from the government’s […]

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  • What Intel’s Foreshadow Flaw Means for the Future of Cryptocurrency

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    Yet another dire security flaw was unveiled Tuesday with potential ripple effects across the tech world, including for cryptocurrency projects seeking to leverage certain hardware devices. Following a pair of bugs unveiled earlier this year, the Foreshadow vulnerability impacts all Intel’s Software Guard Extensions (SGX) enclaves, a special, supposedly extra-secure region of chip often used for storing sensitive […]

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  • Another Top-5 Cryptocurrency Exchange Plots Move to Malta’s ‘Blockchain Island’

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    Another day passes by and although August is a traditionally slow month in the business and finance circles, Malta does not seem to be resting on its laurels at all. After several announcements regarding cryptocurrency exchanges and crypto banks, we now have the announcement coming that ZB.com, the world’s fith-largest cryptocurrency exchange by daily trading volume, […]

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  • Bad Trip: Pot Company High Times Backtracks on Accepting Bitcoin in IPO

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    High Times Holding Corp, a New York-based media group advocating for cannabis usage, has decided against accepting bitcoin in its initial public offering (IPO), according to a filing with the Securities and Exchange Commission (SEC) dated Aug. 13. The SEC filing states that the initial announcement made two weeks ago, in which the company had said it would accept […]

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