TokenPost reporter
Mark Jason Alcala
Stories by Mark Jason Alcala
- MGM hackers demand Bitcoin (BTC) or Monero (XMR) for details of 142 million hotel guests
Hackers breached the MGM server in 2019 and stole the data of more than a hundred million guests of the hotel.
· Business
- Blockchain technology lets coffee lovers know which farm their favorite brew comes from
Folgers coffee brand is now letting coffee lovers know the origins of their beans via blockchain.
· Business
- Tampered cryptocurrency trading apps are installing malware into devices using macOS
Cybercriminals have created fake cryptocurrency trading apps that are bundled with malware.
· Technology
- Mastercard sees maturing cryptocurrency market, expands crypto program for card issuers
Mastercard is making it easier for fintech firms and emerging brands to become partners for its crypto program.
· Business
- Crypto exchange Coinsquare accused of wash trading by Canadian regulator OSC
Coinsquare is accused of misleading its clients by artificially inflating its trading volumes by wash trading.
· Regulation
- PayPal - Paxos cryptocurrency deal could be announced this week
Sources say that PayPal already chose Paxos as its supplier for digital assets.
· Business
- South Korea crypto exchanges gradually losing foreign clientele due to regulatory uncertainty
Crypto exchanges in Korea are losing international traders due to lack of regulatory clarity.
· Business
- Stablecoins supply doubled since March’s COVID-19 induced crash
Due to strong demand, world supply of stablecoins have doubled since March 12.
· Investing
- Lambda256 joins South Korea project to develop technology that could track illegal dark web transactions
South Korea is launching a project to help the nation combat the use of cryptocurrency in cybercrimes.
· Technology
- DoD and US Army plans to acquire cloud, web-based app for tracking cryptocurrency transactions
The Department of Defence and the U.S. Army want to augment investigative capabilities by acquiring an app that can track cryptocurrency transactions.
· Technology
- Wealthsimple about to launch app-based cryptocurrency trading service
Canadians will soon be able to trade in BTC and ETH using Wealthsimple Crypto.
· Investing
- Samsung Blockchain Keystore adds support for Stellar
Samsung users can now store the private keys for their Stellar crypto wallets on their Galaxy phones.
· Technology
- Diamonds have arrived on the Ethereum blockchain
A new company now offers non-fungible token representing diamonds.
· Business
- Cryptocurrency scammer hacks Apple, Bill Gates, Joe Biden, Elon Musk’s Twitter accounts
A hacker used the Twitter accounts of high-profile personalities to post a cryptocurrency scam.
· Technology
- Chinese court uses a blockchain-based system to record hearings
Known for its smart court system, blockchain is now being used in one of China's regular courts as well.
· Technology
- PayPal’s letter seems to confirm cryptocurrency rumors
Previous speculations said that PayPayl might soon be offering cryptocurrencies to its users.
· Business
- LINK outperforms BTC, ETH as token’s price soars over 1000% in 12 months
Chainlink's native cryptocurrency LINK soared to more than 1,000 percent as big businesses are flocking to the network.
· Investing
- How blockchain can help combat corruption in governments
The World Economic Forum published a report discussing how blockchain technology can help tackle government corruption.
· Technology
- Fidelity International bets big on cryptocurrency mining, raises stake in Bitcoin miner Hut 8
Fidelity is bullish on cryptocurrency mining as it doubles its shares on a Bitcoin mining firm.
· Business
- Singapore’s blockchain-based payments system successfully completes its fifth and final phase
Project Ubin nears commercial launch after successfully proving its capabilities.
· Technology
- South Korea might soon impose a 20% cryptocurrency tax
A bill that will impose taxes on cryptocurrency profits is now being forwarded to the South Korean parliament.
· Regulation
- FBI says Nigerian scammer converted stolen funds into Bitcoin via the Gemini crypto exchange
The FBI filed charges of wire fraud conspiracy against a Nigerian national engaged in business email compromise schemes targeting U.S. firms.
· Investing
- After BTC, ETH, and XRP, Cardano (ADA) users now being targeted by YouTube scammers
A YouTube video used footage of Cardano founder Charles Hoskinson's keynote speech to scam ADA users.
· Investing
- 336 BTC stolen from cryptocurrency exchange Cashaa in suspected malware attack
Hackers stole more than 336 BTC from U.K.-based crypto exchange Cashaa.
· Business
- Tether freezes 40 addresses containing millions in USDT
Tether has blacklisted 24 Ethereum addresses in 2020.
· Business
- Chinese authorities uncover a cryptocurrency scam involving fake Huobi tokens
Chinese police arrested crypto scammers that ran a fake investment scheme since 2019.
· Investing
- BTC bull Mike Novogratz says cryptocurrency investors should own more gold than Bitcoin
Novogratz, who expects BTC to rise to $20K by year-end, believes that it is a wise move to invest in gold to manage the risk due to the volatility of Bitcoin's price.
· Investing
- Cryptocurrency address with $100,000 USDC frozen by Centre Consortium
Center Consortium, the issuer of the stablecoin USDC, blacklisted an Ethereum address effectively freezing its hunds.
· Business
- Sophisticated DDoS attack delays AVAX token sale
The AVAX token sale, which was aborted due to a DDoS attack, is postponed to July 15.
· Technology
- Only 23 percent of Bitcoin investors have a documented plan for their crypto assets in case they die
Cryptocurrency investors lack estate planning for their digital assets.
· Investing
- Crypto derivatives volume shrinks in June but institutional interest gaining momentum
A recent report revealed that crypto derivatives trading volume declined in June.
· Investing
- Hackers could exploit a known Bitcoin Lightning Network vulnerability to loot BTC says study
The Bitcoin Lightning Network is vulnerable to looting according to researchers.
· Technology
- Corporations hesitant to accept cryptocurrency but demand for crypto payment services is growing
Big businesses are still a bit hesitant to accept cryptocurrency payments but there is a growing demand for crypto payment services suggesting that they are slowly warming up to the idea.
· Business
- Kirobo lets users retrieve cryptocurrency sent to a wrong crypto wallet
Erroneously send cryptocurrency can now be retrieved via Kirobo's Retrievable Transfer feature.
· Technology
- Bitcoin scam leaks personal data of 250K cryptocurrency investors from 20 countries
A Bitcoin scam exposed the personal data of thousands of cryptocurrency investors.
· Investing
- Austrian cryptocurrency users can now pay using BTC, ETH, and DASH in over 2,500 merchants
Payment processor Salamantex partnered with A1 Payment to allow crypto users to pay using digital currencies.
· Business
- Japan explores universally accessible and resilient central bank digital currency system
Japan is studying technical issues that would face a central bank digital currency (CBDC).
· Technology
- Bitcoin mining revenue declines in June due to halving and low fees
The recent Bitcoin halving, as well as low transaction fees, negatively affected revenue for mining firms.
· Business
- OTC cryptocurrency traders under increased scrutiny by Chinese authorities
A prominent member of the Chinese crypto community is being held by the police as part of the investigations.
· Regulation
- Moscow’s blockchain-based polling system has a bug that can expose how people voted, claims research
Journalists revealed that there is a vulnerability in Moscow's new blockchain-based polling system.
· Technology