Presenting itself as an app to help players cheat at the online battle royale game Fortnite, Syrk encrypts files on a user’s hard drive and demands a ransom paid in crypto. If the ransom is not paid, the malicious software begins deleting files one by one.
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Data firm Nomics has announced the launch of its transparent volume service, which calculates the percentage of real volume traded on crypto exchanges to push back against the trend of faked trading volume.
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With the launch of Panvala's mainnet, developers in the Ethereum community can essentially pitch their projects aimed at resolving some of the network's lingering issues, and members of the Panvala community can vote to fund the project with Panvala’s own Ethereum-based token, PAN.
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Through a partnership with the HackerOne bug bounty platform, the Libra Association is inviting the public to report vulnerabilities in the Libra network code, offering a max reward of $10,000.
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Westwood, California, resident Kunal Kalra has pleaded guilty to running an unlicensed bitcoin exchange and ATM. Kalra allegedly took part in $25 million worth of trading without obtaining a money-remitting business license or implementing any anti-money laundering processes.
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With at least 40% of all issued Tether stablecoins running on the Ethereum network, the controversial but popular coin has begun testing the blockchain's capacity, making it tough for developers to work on the network.
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The Central Bank of Brazil has adopted the International Monetary Fund's crypto classification guidelines, meaning traded cryptocurrencies within the country will be classified as non-financial products and, as such, will be counted as goods on the central bank’s balance sheet.
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Last Thursday, former Overstock CEO Patrick Byrne announced his resignation as both the head of the online retail giant and a member of its board. With a change in leadership, Jonathan Johnson has taken over as the new CEO, affirming that the company's blockchain-based efforts will continue…
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Switzerland’s Financial Market Supervisory Authority has released updated know-your-customer (KYC) and anti-money laundering guidelines, requiring blockchain service providers to conduct KYC checks and notify the Money Laundering Reporting Office Switzerland should they identify suspicious activity on their platforms.
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Crypto startup Crown Sterling has filed a lawsuit against security conference Black Hat USA for reportedly being booed and heckled while the startup gave a presentation. To be fair to the hecklers, Crown Sterling's presentation was on the discovery of "quasi-prime numbers" and featured the startup's announcement…
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