Financial institutions face rising threat from sophisticated AI fraud
Many financial institutions are struggling to keep up with the rising sophistication of AI-driven fraud, creating a critical need for enhanced detection and prevention methods.
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After 8 years dumping billions of XRP, Jed McCaleb’s stack runs out in weeks
Former Ripple Labs founder Jed McCaleb is nearing the end of his eight-year XRP dump marathon, with only 81.53 million XRP (worth $26.55 million), remaining in his wallet’s balance.According to Jed Balance, a website tracking his XRP holdings, McCaleb’s wallet name “tacostand” has been shedding an average of 4.06 million XRP over the last month…

IT Firm Helps Healthcare Providers Fight Crypto Ransomware Amid Coronavirus
As the novel coronavirus crisis continues, a cybersecurity firm has started offering free help to healthcare providers that fall victim to cryptocurrency-demanding ransomware.According to an announcement on March 18, cybersecurity firm Emsisoft partnered with incident response company Coveware to allow free access to ransomware-related services at no cost to healthcare providers.The initiative aims to get…

DASH, XLM, EOS: Top-3 Crypto Losers of the Week — Price Analysis
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by HitBTC.Cryptocurrency discussions in online forums are surging and about 85.5% of the conversations…

Report: Rwandan Central Bank Looks to Issue Official Digital Currency
Rwanda’s central bank, the National Bank of Rwanda, is researching how to offer an official digital currency.BNN Bloomberg reported the news on Aug. 22. The central bank is interested in offering digital currency as a means to increase transaction efficiency and foster economic growth, per the report. However, Financial Stability Director-General Peace Masozera Uwase remarked…

Bitcoin price corrects after hitting a wall at a multi-month descending trendline
On Aug. 15, Bitcoin (BTC) price and the wider market corrected while the S&P 500 and DOW looked to build on four-straight weeks of robust gains. Data from TradingView and CNBC show the Dow pushing through its 200-day moving average, a first since April 21 and perhaps a sign for bulls that the market has…

Blockstream Publishes Schnorr-Based Test Code for Bitcoin Blockchain Upgrade
The Schnorr-based multi-signature scheme MuSig, a test code for a potential upgrade to the Bitcoin (BTC) blockchain, has been released by blockchain tech firm Blockstream, according to an announcement published on Feb. 18.Last January, four Bitcoin developers released a paper outlining how Schnorr multi-signatures (‘multisig’) could help scale the Bitcoin blockchain, saying that the technology…

Bitcoin Lightning Network goes live on Cash App
Cash App mentions that the Lightning Network feature is not available to users located in New York. 1377 Total views 10 Total shares Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any…

Tone Vays: Bitcoin Must Hold $9K for 2-3 Days to Secure Bull Market
Bitcoin (BTC) rising above $9,000 has turned heads amid fresh uncertainty in China but has yet to convince one of its best-known traders.In the latest episode of his Trading Bitcoin YouTube series on Jan. 28, Tone Vays said that despite the past week’s upward price momentum, he was not yet bullish on Bitcoin. Vays: BTC has…