DeadLock Ransomware Uses Polygon Blockchain to Stealthily Rotate Proxy Servers

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Group-IB published its report on January 15, noting this technique could make defenders’ takedowns more difficult. The malware reads on-chain data, so victims do not pay gas fees. Researchers said Polygon is not vulnerable, but the tactic could spread. Ransomware groups typically rely on command-and-control (C2) servers to manage communications after compromising a system. Security … Read more

Swiss Financial Regulator Approves Cryptocurrency Licenses for Two Banks

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FINMA Approves Crypto Trading and Custody Licenses for Maerki Baumann and Incore Bank Switzerland’s financial markets regulator, FINMA, has recently authorized two banks to provide a range of cryptocurrency-related services. Maerki Baumann and Incore Bank announced the approvals independently last Friday. Zurich-based private bank Maerki Baumann, which already operates a dedicated crypto desk, confirmed it … Read more

Cosmos Seeks Support at $26 After 45% Drop in Two Weeks

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Cosmos fell 45% over the past two weeks. The price found support at the $26 level. Cosmos (ATOM/USD) is a project designed to address some of the biggest challenges facing blockchain technology. It aims to reduce the negative impacts associated with many blockchains, including environmental damage, high energy consumption and longer processing times for transactions … Read more

Weekly Report: Blockchain.com Explores Possible IPO Filing

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Several companies in the cryptocurrency sector have experienced massive growth in recent years and are now considering becoming publicly traded entities. Blockchain.com plans to go public within two years Blockchain.com, a leading provider of cryptocurrency trading platforms and wallets, has announced its intention to become a publicly traded company. Macrina Kgil, Chief Financial Officer of … Read more

Watching the Crypto Rally: 3 Coins That Surprised Us

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After a very poor start to 2022, cryptocurrencies are beginning to show signs of a meaningful recovery. In the final week of March most coins closed in the green, and this momentum could continue. Here are the main reasons prices are rising: The period of uncertainty around a Federal Reserve rate hike has eased. Many … Read more

Dogecoin Surges 37% After Elon Musk Tweets: Price Analysis

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The value of Dogecoin against the US dollar has risen nearly 37% and is now 65% higher than last week Dogecoin (DOGE) surged by almost 37% following a weekend of strong upward momentum across several cryptocurrencies. Leading digital asset Bitcoin reached a new milestone of $24,209 on December 20, while Bitcoin Cash (BCH), Bitcoin SV … Read more

Chancer: Blockchain Betting Startup Making Waves in 2023 and Beyond

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Chancer introduces blockchain-based betting built on a peer-to-peer (P2P) model. Chancer stands to benefit from the rapidly growing betting market, which was valued at $81.03 billion in 2022. Chancer’s price potential is significant, with forecasts suggesting gains could exceed 1,000% from 2024 onward. Have you considered the potential of blockchain-driven betting? The traditional global sports … Read more

BlackRock Plans Bitcoin ETF Launch in Europe

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BlackRock plans to launch a Bitcoin ETP in Switzerland. This move follows the success of BlackRock’s U.S. Bitcoin ETF. A Bitcoin ETP could boost crypto adoption as the EU implements MiCA rules. BlackRock Inc., the world’s largest asset manager, is preparing to introduce a Bitcoin Exchange-Traded Product (ETP) in Europe, marking another significant step in … Read more

SEC launches new unit to combat crypto fraud and cybercrime

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The SEC has renamed its Division of Enforcement unit from the Crypto Assets and Cyber Unit (CACU) to the Cyber and Emerging Technologies Unit (CETU). CETU will focus on combating crypto fraud and cybercrime among other responsibilities. The U.S. Securities and Exchange Commission has unveiled a new Division of Enforcement unit dedicated to tackling crypto-related … Read more

Where to Buy Elrond After Its 10% Price Jump

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Recently, Elrond Network completed several notable developments that have influenced the price of its cryptocurrency. Yesterday it was announced that the network acquired Capital Finance Services, part of the globally recognized Twispay brand, a company operating in the electronic money sector. Read on to learn what Elrond is, whether it might be worth buying, and … Read more