Phishing attackers target Phantom wallet users with fake update pop-ups
Scammers have been connecting to Phantom wallets in an attempt to lure users with a fake update extension signature request.
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IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments
In addition to eco-friendly components, the IMF recommended central banks to include other features in the CBDCs, such as compliance, higher resilience and offline capabilities. 134 Total views 4 Total shares An International Monetary Fund (IMF) study on energy consumption revealed the importance of design choices within the crypto ecosystem to build an environmentally friendly…

Mt. Gox Bitcoin Stays Put: Claims Deadline Pushed Back to Spring 2020
The trustee in charge of refunding users who lost money in the implosion of Bitcoin (BTC) exchange Mt. Gox has again extended the submission deadline for claims. New claims deadline March 31, 2020In a statement released on Oct. 28, Nobuaki Kobayashi said that the high volume of problematic requests for money meant that a five-month extension…

UK gov't proposes crypto rules in response to scams
The notice from HM Treasury suggested the policies were in response to increasing crypto ownership in the UK and the risk from scams and bad actors. The United Kingdom’s Treasury and Chancellor of the Exchequer, Rachel Reeves, have proposed new crypto rules aimed at “support[ing] innovation while cracking down on fraudsters.” In an April 29

Tether onboards head of government affairs from PayPal
Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.

Massive Cyberattack on Australia Uses Cryptojacking Exploits
A report from the Australian Cyber Security Centre highlights a vulnerability related to attacks using cryptojacking malware. 1280 Total views 34 Total shares The Australian Cyber Security Centre said a group of “state actors” hacked Australian networks on June 19 and one of the vulnerabilities they exploited is related to cryptojacking malware attacks. According to the…

Binance CEO sues Bloomberg subsidiary alleging defamation
A Bloomberg article was republished by its Chinese subsidiary using the title “Zhao Changpeng’s Ponzi Scheme.” 274 Total views 27 Total shares Binance chief executive Changpeng Zhao is suing Bloomberg Businessweek in Hong Kong, accusing the outlet of defamation.On July 25, the Binance CEO, known by the crypto community as “CZ,” sued Bloomberg Businessweek’s Hong…

VC Roundup: Web3 dev, EVM sharding and crypto banking headline blockchain funding deals
Web3 dominance within crypto funding rounds has been well documented by Cointelegraph Research. In addition to the Web3 mega funds announced recently, venture capital has also been making smaller, more targeted investments in the sector. In this week’s Venture Capital (VC) Roundup, we chronicle the latest Web3 funding initiatives and draw attention to a sharding…

Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It
Currently facing multiple lawsuits, cryptocurrency stablecoin issuer Tether (USDT) received a request from prosecutors asking for consolidation, combining three lawsuits into one, which Tether has not denied.“We did not oppose the plaintiffs’ requests to combine these frivolous claims, originally filed, respectively, in October in New York, in November in Washington and in January in New…