Clipper Malware Exploited the MetaMask App in Google Play Store

Clipper Malware Exploited the MetaMask App in Google Play Store

Cryptocurrency and its underlying technology, blockchain, are regarded by many as one of the most secure forms of storing wealth – and for good reasons. Blockchain could be used as a sophisticated tool that makes it difficult for cybercriminals to manipulate. Each crypto user is given a unique string of characters that make up a wallet address, and this system is designed in such a way that no two individuals in the block have the…

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American Lighting Wholesaler H&M Distributors Enables Cryptocurrency Payments

American Lighting Wholesaler H&M Distributors Enables Cryptocurrency Payments

The advent of cryptocurrency as a means of payment has been a new driver in the financial sector. Although cryptocurrency was met with skepticism, it is gradually gaining traction in the financial markets. As the popularity of cryptocurrency grows, retail stores across the globe are being compelled to join this new financial economy. Announced a few days back, America’s biggest lighting marketer, H&M Distributors Inc. (not to be confused with the clothing company), has decided…

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JP Morgan Analyst Reviews his Prediction of the Bearish Bitcoin Market and Advises to Renew Interest in Crypto

JP Morgan Analyst Reviews his Prediction of the Bearish Bitcoin Market and Advises to Renew Interest in Crypto

Since the inception of the ongoing crypto winter in 2018, many predictions have been made about the future of the crypto market, especially the Bitcoin market where the price of Bitcoin plunged over 80% from its all-time high recorded in 2017. Although some crypto enthusiasts and pioneers believe Bitcoin will regain its glory at some point in the future, a good number of crypto analysts maintain their stand that the Bitcoin peaks may be gone for good….

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‘Stateless’ Crypto-Anarchist on the Run Gunned Down in Mexico

‘Stateless’ Crypto-Anarchist on the Run Gunned Down in Mexico

John Galton, a crypto-anarchist and a self-proclaimed ‘stateless’ man who had been on the run, was reportedly shot dead by members of a drug cartel in Acapulco, Mexico. Galton and his girlfriend, Lily Forester, were fugitives for a few years now. They both had fled the United States in a bid to escape drug charges that were adding up to about 25 years behind bars. They found a new home in Mexico where Galton decided to embrace…

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Islamic Terrorist Organization Hamas Leverages Crypto Exchanges to Solicit Funds

Islamic Terrorist Organization Hamas Leverages Crypto Exchanges to Solicit Funds

Hamas, the ruling Islamic Palestinian terrorist organization in the Gaza Strip, has resolved to soliciting funds through Bitcoin after being cut off from other means of payments, recent report finds. The terrorist organization has been unrelentingly fighting against Israel, forcing Israel to cut ties with any part of the Gaza Strip, and this includes their means of receiving payments. Hamas also reportedly turned down the recent agreement it reached with Egypt and Israel. Qatar, which…

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Crypto Exchange QuadrigaCX in Double Mourning: Founder Dies, Funds Inaccessible

Crypto Exchange QuadrigaCX in Double Mourning: Founder Dies, Funds Inaccessible

Following the death of the sole director and founder of QuadrigaCX, Gerry Cotten, the Canada-based crypto exchange has been thrown into several chaotic situations arising from their inability to access the firm’s funds which are reportedly stored in a cold wallet. Running a crypto firm has never been a walk in the park. You are constantly working to meet the needs of customers while on the lookout for possible ways to protect your funds from…

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20-Year-Old College Student Sentenced to 10 Years in Prison for SIM Hacking and Stealing Bitcoin

20-Year-Old College Student Sentenced to 10 Years in Prison for SIM Hacking and Stealing Bitcoin

Over the past years, fraudulent activities through SIM swapping have been the rave. Phone numbers of unsuspecting victims are being hijacked through SIM swapping and used to access relevant and sensitive information in the victim’s phone; crypto wallets are a good target. Crypto wallets are designed to be protected by the device. Consequently, anyone who gains hold of the necessary details is considered the owner and allowed uninterrupted access to the wallets. This nefarious act…

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Crypto Wallet in Samsung Pay: Samsung Galaxy S10 may Come with a Crypto Wallet

Crypto Wallet in Samsung Pay: Samsung Galaxy S10 may Come with a Crypto Wallet

Over the years, Samsung has proven to be especially concerned with bringing innovative solutions to our fingertips. That’s right. And this time the company plans on taking their payment app, Samsung Pay, up a notch by equipping it with the ability to store cryptocurrencies. The tech giant filed for a crypto-related patent in 2018 and hopefully will be including a crypto wallet application – Samsung Blockchain Keystore – to the soon-to-be-released Samsung Galaxy S10. This…

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Fidelity Moves to Launch Bitcoin Custody Service as a First Crypto Product for Big Investors

Fidelity Moves to Launch Bitcoin Custody Service as a First Crypto Product for Big Investors

Demystifying the complexity of the crypto sphere has been one of the goals of crypto pioneers who look to garner more crowd to the space. While understanding cryptocurrencies and how they work may be a step forward, that doesn’t take away the fear of price volatility, manipulation and lack of a quintessential control mechanism. To this end, efforts have been made to get a Bitcoin ETF approved that would (to some extent at least) give…

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NVIDIA Revises Financial Expectations due to the Decline in Crypto Mining Business

NVIDIA Revises Financial Expectations due to the Decline in Crypto Mining Business

Since its breakthrough in the gaming industry in 1999, NVIDIA has been a force to reckon with in the graphics and chip making industry. Over the years, it has maintained its status as one of the largest graphics and chip making company in the world. But that didn’t shield NVIDIA from the ongoing crypto winter that started in 2018, and that cuts deeply through the sales of crypto mining equipment (and is similarly felt by…

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