BLOCKCHAIN

Report: E*Trade Prepares to Offer Crypto Trading

[ad_1] Online trading firm E*Trade Financial Group is preparing to offer cryptocurrency trading on its platform, sources familiar with the matter told Bloomberg on April 26.E*Trade will reportedly begin by offering bitcoin (BTC) and ether (ETH) after which it will add other cryptocurrencies.As one of the largest online trading platforms, E*Trade offering cryptocurrency trading could represent a significant step forward for cryptocurrency adoption. Per the firm’s annual report filed with
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Old Twitter Account Gives Away $10K in Bitcoin Cash in 48 Hours 

[ad_1] Over the last two days, Bitcoin Cash (BCH) supporters have noticed a Twitter handle called @Bitcoininfo tipping a bunch of random individuals and nonprofit organizations significant amounts of BCH. The Twitter profile with 107,000 followers revealed on April 26 that it gave away $10,000 in BCH using the tipping bot Tippr. Also read: Researchers Find Hundreds of Ethereum Wallets at Risk Due to Weak Key Pairs Dispersing $10K in
Business

Chinese Government Supports Development of ‘Blockchain City’ in Malaysia

[ad_1] The Chinese government is purportedly supporting the construction of a "blockchain  city" in the critical shipping lane of the Malaysian Malacca Strait. The development was announced in a press release shared with Cointelegraph on April 26.Construction and engineering company China Wuyi and investment network SWT International Sdn Bhd have jointly launched the Chinese government-backed project aimed at the development of the city of Malacca into a blockchain city called
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

[ad_1] The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings
BLOCKCHAIN

Austria Considers Establishment of Fintech Regulatory Sandbox

[ad_1] The Ministry of Finance in Austria is considering establishing a regulatory sandbox for the fintech industry, Cointelegraph auf Deutsch reports on April 26.The country’s Finance Minister Hartwig Loeger said that the FinTech Advisory Council — which was formed by the Ministry of Finance last year —  will aid in the development of relevant rules to steer the “young financial market around digitized financial services,” including initial coin offerings (ICOs)
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FedEx Calls To Mandate Blockchain For International Shipping

[ad_1] FedEx CIO, Rob Carter, believes that mandated blockchain standards for international shipping will lead to widespread adoption within the industry. This would also enable authorities to better track goods’ provenance, and help combat the trafficking of counterfeit or illegal goods. Digitizing The Paper Trail Carter was speaking during a panel discussion at the Blockchain Global Revolution Conference. Moving a package internationally requires an awful lot of documentation, he explained, some
BLOCKCHAIN

Marco Polo Onboards Three New Members to Its Trade Finance Network

[ad_1] Distributed ledger technology (DLT)-based trade finance network Marco Polo has onboarded three new members for piloting and evaluating purposes, according to an announcement published on April 25.Marco Polo Network is a joint undertaking with tech firm TradeIX, enterprise software company R3, and other 20 international financial institutions. The initiative provides a multi-asset class platform that offers broker dealer services, multi currency transactions, including equities, options, futures, and other related
Business

Crypto Wallet Startup Ledger Detects Phishing Malware Targeting Desktop App

[ad_1] Hardware cryptocurrency wallet manufacturer Ledger has detected malware targeting its desktop application, according to a tweet on April 25.Ledger warned its users that the malware locally replaces the Ledger Live desktop app with a malicious one, and advised to follow security practices published on its blog. The company’s Twitter announcement specifically reads:“WARNING: we’ve detected a malware that locally replaces the Ledger Live desktop application by a malicious one. Users
Business

KuCoin Exchange Blocks Crypto Wallet Allegedly Involved in RChain Token Scam

[ad_1] Singapore-based crypto exchange KuCoin has blocked a crypto wallet that is allegedly involved in a recent RChain (RHOC) token scam, RChain wrote in a blog post on April 26.RChain, the blockchain firm behind RHOC coin, informed its users that the company suffered a scam involving an escrow transaction containing counterfeit money.In the apparent deal, RChain was set to send 11 million RHOC tokens to its partners who expressed an
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics

[ad_1] Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. According to a report by cybersecurity analytics firm Symantec, cryptojacking incidents have plummeted 52 percent since January 2018, but the method of delivery, the execution and the targeting schemes have grown more sophisticated. Specifically, Symantec’s latest