Author: Thomas_Prendergast

Report: Samsung Planning New Blockchain Mainnet Featuring Samsung Coin

Report: Samsung Planning New Blockchain Mainnet Featuring Samsung Coin               South Korean electronics giant Samsung may end up developing a public-private blockchain complete with its own cryptocurrency token, an anonymous source told crypto industry news outlet CoinDesk Korea on April 24. The project, part of an undertaking by the company’s dedicated blockchain division, would see […]

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21-Year-old Jailed for 10 Years After Stealing 77M in Crypto By Hacking Cell Phones

21-Year-old Jailed for 10 Years After Stealing $7.7M in Crypto By Hacking Cell Phones               A 21-year-old man has been sentenced to 10 years in prison after becoming one of the first people in the United States to be convicted of stealing cryptocurrency by hacking into cell phones. Prosecutors in Santa Clara announced the jail sentence […]

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Everything But Crypto Or How the ‘Crypto’ Movie Does Not Live Up to Its Name

Everything But Crypto, Or How the 'Crypto' Movie Does Not Live Up to Its Name             The best news for crypto enthusiasts about the movie “Crypto” is that “Crypto” has very little to do with crypto. It is mainly concerned with Russian mafiosi, money laundering and a main character who plods through the heavy plot […]

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South Korea’s Largest Car Supplier Hyundai to Use DLT in Smartphone-EV Pairing Tool

      South Korea's Largest Car Supplier Hyundai to Use DLT in Smartphone-EV Pairing Tool             South Korea’s largest car manufacturer, Hyundai Motor Group, will use blockchain in its new tech for pairing electric vehicles (EVs) with smartphones. Sustainable mobility-focused news agency Green Car Congress reported on the development on April 22. Hyundai […]

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Microsoft Korea: Country Faces Growing Threat From Stealth Crypto Mining Attacks

Microsoft Korea: Country Faces Growing Threat From Stealth Crypto Mining Attacks Microsoft Korea has claimed the country is facing an increase in cryptojacking incidents, according to a report from local English-language daily The Korea Times, published on April 22. The findings were announced by Microsoft security program manager Kim Gwi-ryun during a press conference in […]

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El Toro Blockchain Division Launches Crypto Exchange for Pro Traders Issues 8 Stablecoins

El Toro Blockchain Division Launches Crypto Exchange for Pro Traders, Issues 8 Stablecoins              The blockchain division of global social trading platform eToro has launched a cryptocurrency exchange for pro traders, a press release shared with Cointelegraph on Tuesday, April 16, states. EToroX claims to be a secure a secure and fully regulated trading venue. […]

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Fundstrat’s Tom Lee: Current Bitcoin Misery Index Never Been Reported in Bear Market

Fundstrat's Tom Lee: Current Bitcoin Misery Index Never Been Reported in Bear Market. Fundstrat Global Advisors founder Tom Lee pointed out that the value currently reported by his company’s bitcoin (BTC) sentiment indicator Bitcoin Misery Index (BMI) has never been seen in a bear market. Lee made his comments during an interview with Cointelegraph published […]

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Crypto Developer Raises 4 Mln From Samsung Others to Launch Wallet Without Private Keys

Crypto Developer Raises $4 Mln From Samsung, Others to Launch Wallet Without Private Keys                                   Israeli cryptocurrency developer KZen has raised $4 million from backers including South Korean electronics giant Samsung, industry news outlet The Block reported on April 17. The company’s product, smartphone wallet app ZenGo — currently in beta phase testing — aims […]

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Bitcoin Accounts for 98 of Crypto-Denominated Ransomware Payments Study

Bitcoin Accounts for 98% of Crypto-Denominated Ransomware Payments, Study                                  Bitcoin (BTC) continues to account for the lion’s share of crypto-denominated ransomware payments, according to Coveware’s Q1 2019 Global Ransomware Marketplace report, published on April 15. The report — reportedly based upon aggregated ransomware data from cases tackled by Coveware’s Incident Response Team — indicates […]

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Local Media: Afghanistani Tunisian Central Banks Consider Issuing Bitcoin Bonds

Local Media: Afghanistani, Tunisian Central Banks Consider Issuing Bitcoin Bonds                                   Afghanistan and Tunisia’s central banks are looking to issue a bitcoin (BTC) bond, Hong Kong-based news outlet Asia Times reports on April 17. Per the report, the governors of the two country’s central banks spoke at the annual Spring Meetings of the Boards of Governors […]

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