Argentina’s Milei fires tax agency head over controversial tax on streamers
President Javier Milei has replaced the leadership of the country’s revenue agency following the introduction of a new tax regime targeting digital creators.
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Unknown Cybercrime Gang Holds Thousands of Databases For Ransom
MongoDB suffered a “Wiping & Ransom” attack that wiped around 22,900 unsecured databases. 1335 Total views 30 Total shares Cross-platform database company, MongoDB, is the latest victim of a cybercriminal attack. This attack has infiltrated 22,900 unsecured databases by wiping their contents. The gang behind the attack has since requested Bitcoin (BTC) payments in exchange…

Bank of China Partners With China UnionPay to Explore Blockchain for Payment Systems
The commercial, state-backed Bank of China (BOC) and financial services corporation China UnionPay (CUP) have entered into a partnership, according to an August 15 announcement. Per the terms of the agreement, the two parties will jointly explore blockchain technology applications for payment system development. The partnership comes in response to market demand and regulatory requirements,…

Lightning Labs CTO Confirms LN Vulnerabilities ‘Exploited in the Wild’
Following a recent warning on vulnerabilities on Bitcoin’s (BTC) Lightning Network (LN), a startup claims to have found instances of the vulnerability being exploited.Upgrade advised to avoid loss of fundsOlaoluwa Osuntokun, CTO at LN-focused startups Lightning Labs and ACINQ, revealed the news in a brief statement on Linux Foundation’s domain on Sept. 10, claiming that…

New York Times Trials Blockchain System to Combat Misleading Pictures
The New York Times has worked on a blockchain solution to combat misinformation, providing metadata on pictures found in social media. 680 Total views 27 Total shares The New York Times publication has revealed the successful completion of a trial for a new blockchain-based system to detect misinformation.According to a June 12 blog post, the…

Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel
Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.

Robinhood warns a crypto drop is coming amid IPO filing
According to the trading app, it expects its Q3 2021 revenue to be lower as a result of increased crypto trading in the first quarter, driven in part by Dogecoin. 1309 Total views 1 Total shares Stock and cryptocurrency trading app Robinhood is expecting its quarterly revenue to decrease based on significantly high trading volume…

From Ponzi Schemes to ICO Exits, Ethereum’s Blockchain Has Been the Platform of Choice for Scammers
According to a recent report from crypto analytics specialists Chainalysis, Ethereum (ETH) has become the crypto platform of choice for scam artists. Its research suggests that 2018 saw far more sophisticated, higher-earning scams carried out using ETH, although the actual number of these crimes dropped significantly year on year.The amount stolen through ETH-based scams doubled…

‘Only Fools are Choosing Bitcoin’ Says Gold Bug Peter Schiff
“Only fools are choosing Bitcoin” over gold, according to renowned gold proponent Peter Schiff.In a March 24 tweet, Schiff expressed his negative view of the intellectual capabilities of Bitcoin (BTC) investors. He wrote:“Only fools are choosing Bitcoin. So far this year gold is up over 7%, while Bitcoin is down 3%. Gold is only 2%…