Over $20M Worth of ETH Stolen from Misconfigured Wallets

Chinese cybersecurity firm Qihoo 360 Netlab discovered that hackers have been targeting Ethereum wallets configured with open port 8545, with one attacker pillaging over US$20 million from various victims. The attack vector used by the perpetrators exists as a feature of most Ethereum wallets in which the software has been configured to expose the RPC … Read more

Bitcoin Is Now Accepted at a 550-Year-Old Istanbul Market

Earlier this week, a member of an online Bitcoin community revealed that a 550-year-old market in Istanbul contains merchants accepting Bitcoin. The photograph which the individual posted featured a big Bitcoin logo in a crowded part of the market that is widely acknowledged as a popular tourist destination. Positive Sign Located inside the market at … Read more

Blockchain Can Turn the Finance Industry Upside Down: Germany’s Finance Chief

Felix Hufeld, chief of the German Financial Supervisory Authority (BaFin), the government’s main financial agency, stated in a speech at a conference held in Berlin that blockchain technology has the potential to turn the traditional finance industry upside down. Optimistic Long-Term Vision Despite the recent correction of the cryptocurrency market and the drop in the … Read more

Bitcoin in Brief: Halting 51% Attacks and Where Now for Ripple?

The last 24 hours have been action-packed for the cryptocurrency markets, with digital assets rising off the SEC’s pronouncement that ethereum is not a security. But while most hodlers were toasting the agency’s announcement, one top five coin that failed to respond favorably was ripple. In today’s Bitcoin in Brief we consider where the SEC’s … Read more

Top 5 Platforms Where World Cup 2018 Meets Cryptocurrency

World Cup 2018 is here! For sports enthusiasts within the cryptocurrency space, there are a number of opportunities to combine both their passions. As blockchain technology enables individuals to connect with one another and events throughout the world in ways never before seen, there are a number of exciting opportunities to enjoy this year’s World … Read more

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