ALTCOIN

Hacker Involved in 15 Mln Yen Crypto Theft Referred to Prosecutors

[ad_1] An 18-year-old hacker was referred to prosecutors in the Japanese city of Utsunomiya for stealing cryptocurrency, local news outlet Japan Today reported on March 14.The cybercriminal allegedly hacked Monappy, a digital wallet which can be installed on a smartphone, and stole 15 million yen ($134,196) of cryptocurrency between Aug. 14 and Sept. 1 of last year. The hack reportedly affected more than 7,700 users.The hacker reportedly used the Tor
BLOCKCHAIN

Consensus Algorithm Tendermint Raises $9 Mln in Series A Investment Round

[ad_1] Blockchain consensus algorithm and peer-to-peer (P2P) networking protocol Tendermint has raised $9 million in a Series A investment round, according to a blog post published on March 14.Tendermint has raised $9 million in the Series A investment round led by cryptocurrency investment company Paradigm, with contribution from Bain Capital and 1confirmation among other investors.Part of the funds will purportedly be allocated to support of further development of the Cosmos
BLOCKCHAIN

French Court Clerks to Use IBM Blockchain Platform for Corporate Registry

[ad_1] French commercial court clerks will use a blockchain-based platform to record changes in companies’ legal status within the country. The development was revealed in an official announcement on March 14.The blockchain network was jointly developed by IBM and the National Council of Clerks (NCC) and will reportedly be deployed starting in 2019 by the clerks operating in commercial courts across France. The blockchain platform is built on the Hyperledger
BLOCKCHAIN

Over 40 Bugs in Blockchain and Crypto Platforms Detected Over Past 30 Days

[ad_1] White hat hackers have detected over 40 bugs in blockchain and cryptocurrency platforms over the past 30 days, tech news outlet The Next Web (TNW) reported on March 14.According to an investigation conducted by TNW, 13 blockchain- and cryptocurrency-related companies were hit with a total of 43 vulnerability reports from Feb. 13–March 13.In the blockchain field, e-sports gambling platform Unikrn reportedly got the most vulnerability reports, amounting to 12
ALTCOIN

Some Altcoins Make Mild Gains, Crude Oil Futures See Four-Month High

[ad_1] Thursday, March 14 — cryptocurrency markets are trading sideways, with some major coins making minor gains on the day, according to data from Coin360.Market visualization from Coin360Bitcoin (BTC) is up less than one percent over the past 24 hours, and is trading at $3,921 at press time. The major cryptocurrency has seen small volatility over the day, having dipped to as low as $3,901, while the intraday high reached
BLOCKCHAIN

Republican Leader Claims Blockchain Can Make US Government More Efficient

[ad_1] Rep. Kevin McCarthy, the current Republican Minority Leader in the United States House of Representatives, said on Tuesday, March 12, that blockchain can make the U.S. Congress a more efficient and transparent place.Speaking to the Select Committee for Modernization of Congress, McCarthy said that blockchain technology has changed the paradigm of security in the financial world:“Blockchain is changing and revolutionizing the security of the financial industry. Why would we
BLOCKCHAIN

SEC Chairman Highlights Investor Protection in Regard to Bitcoin ETF

[ad_1] United States Securities and Exchanges Commission (SEC) Chairman Jay Clayton is still concerned about investor protection when it comes to the commission approving a Bitcoin (BTC) Exchange-Traded Fund (ETF). The SEC chairman spoke about crypto in an interview with FOX Business on March 14.In the interview, Clayton claimed to be neutral toward digital currencies, saying that he is not a spokesperson against the asset. The SEC chairman explained that
BLOCKCHAIN

Report Shows Cryptojacking Is Prime Example of Shift Towards Discreet Cyberattacks

[ad_1] Cybercriminals are reportedly favoring unhurried approaches in attacks made for financial gains, with cryptojacking as a prime example of this shift. IT news website ComputerWorld reported on this development on March 14.Data released by cybersecurity company Darktrace reveals that cryptojacking attempts increased by 78 percent in 2018, and, according to ComputerWorld, the company also said that this trend continued in 2019.The ComputerWorld article cites Max Heinemeyer, director of threat hunting
BLOCKCHAIN

German Firm Offers White-Label Products for Startups

[ad_1] A company says it is combining the power of IT and marketing to deliver high-security, functional and profitable pieces of software that not only work flawlessly, but also sell.CPI emphasizes its software is scalable and geared toward the finance and blockchain industries. The firm offers white-label products that allow businesses to achieve their financial goals by converting casual visitors into paying customers. Among its suite of products is a
BLOCKCHAIN

Cross-Platform Blockchain Project Cosmos Launches First Hub After $17 Million ICO

[ad_1] Blockchain platform Cosmos, which is set to work as a mediator between different blockchains, has officially launched the first hub of its ecosystem on Wednesday, Mar. 13. The Cosmos initial coin offering (ICO), held in April 2017, raised a little more than $17 million.The Cosmos Network, which describes itself as “The Internet of Blockchains,” was developed by California-based startup Tendermint Inc — a software development company that was appointed