Bitcoin mining colossus Bitmain has rejiggered its sales strategy to reverse a decline in market share following the return of co-founder Jihan Wu to the company’s helm. At a customer event hosted by Bitmain on Saturday in Chengdu, China, Wu appeared on stage for the first time as the sole chairman and CEO a month […]
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Japan-based startup Nayuta has released what it says is the first lightning network wallet with a built-in bitcoin “full node.” Lightning is the scaling technology trumpeted as the future of bitcoin payments. With the new Nayuta Android app, users can tap into the new payment system in one of two ways: by using the baked-in […]
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Telegram told investors it was using Wall Street megabanks BNY Mellon and Credit Suisse to move and store fiat currency raised in last year’s blockchain token sale, court filings show. On Monday, the Securities and Exchange Commission (SEC) filed a proposed order with the U.S. District Court for the Southern District of New York to […]
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BTSE, a Dubai-based cryptocurrency exchange, is looking to raise $50 million in one of the first token offerings on the Liquid Network, the parallel system to bitcoin created by startup Blockstream. BTSE is looking to sell 50 million tokens at $1 each. The target launch date is March 2020 and there will be a total […]
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So-called “fileless” malware is infecting Mac OS machines by hiding in memory and never touching files or drives. The malware, masquerading as a piece of crypto trading software called UnionCryptoTrader.dmg, is suspected to be the work of the North Korean hacking group, Lazurus APT. The malware infects Mac OS computers by injecting an executable file […]
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LedgerX CEO and COO Paul and Juthica Chou are no longer running the company they founded. A press release Monday announced that the couple had been “placed on administrative leave,” effective immediately, with Larry E. Thompson named as interim CEO and lead director of Ledger Holdings, the derivatives provider’s parent company. “The board composition is […]
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Two members of the prolific Romanian hacker gang Bayrob Group were sentenced to two decades in U.S. prison apiece after their malware mined crypto on 400,000 infected computers. Group leader Bogdan Nicolescu and co-conspirator Radu Miclaus were sentenced to 20 and 18 years respectively after being found guilty on 21 different counts of wire fraud, […]
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With today’s markets mostly down, we’re talking bitcoin’s first golden cross in more than three years, “Central Bank Digital Currencies”, and a behind the scenes look internal Telegram communications exposed by the SEC Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action in the markets, […]
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Chip making giant Nvidia has been making its case for why a court should throw out a lawsuit alleging it misled investors over cryptocurrency mining demand for its graphics cards. At a hearing over Nvidia’s motion to dismiss in Oakland, California, the firm said Friday that shareholders had “cherry-picked” some company statements in an attempt […]
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HBUS, the U.S. affiliate of the Huobi Group exchange, announced Monday it would cease operations in the coming weeks. The company said in a notice that it would shut down trading services on Dec. 15, 2019. Customers have until Jan. 31, 2020 to withdraw all of their assets. Any customers who have insufficient balances to […]
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