Huobi Lira Onramp to Enable Crypto Trading for Turkish Users Singapore-based crypto exchange Huobi will launch a fiat gateway for the Turkish lira in late 2019.Huobi’s fiat onramp for lira will be the first fiat gateway launched by a global exchange, Huobi Global claimed during the opening event at the Eurasia Blockchain Summit on Oct.18.During the inaugural event hosted by Huobi Global, the company… Monero Cryptojacking Malware Targets Higher Education Guardicore Labs explains that FritzFrog uses a brute-force attack on millions of addresses to gain access to servers.According to a study published by Guardicore Labs, a malware botnet known as FritzFrog has been deployed to ten millions of IP addresses.The malware has largely targeted governmental offices, educational institutions, medical centers, banks, and telecommunication… Binance US CEO: Coronavirus Quarantine Drove “Volume Resurgence” in Asia Catherine Coley, the CEO of Binance US, revealed that the coronavirus quarantine in Asia drove a surge in trade volume during an interview with Bloomberg on March 16.On the subject of the recent correlation between Bitcoin (BTC) and the S&P 500, Coley asserts that both the traditional cryptocurrency markets are playing out a familiar long-term… BaFin Orders Gold-Backed Token Issuer and Alleged Ponzi Scheme to Cease-and-Desist The German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order to Karatbit Foundation to immediately stop unauthorized business in Germany.
BaFin alleges that Karatbit Foundation is issuing the KaratGoldCoin (KBC) without the necessary license, according to a Nov.11 announcement.Karatbit describes itself as a provider of a blockchain-based payment system that enables… Bitcoin Market Dominance Climbs to Over 60% – Highest in Over 2 Years Bitcoin’s (BTC) parabolic advance over $12,000 has taken its market dominance above 60% for the first time since April 2017, data from CoinMarketCap confirmed on June 26.Following its rapid appreciation in recent days, the bitcoin price reached levels not seen since immediately after the end of its 2017 bull run.The successes have come at the… ABB Launches Blockchain Pilot for Solar Energy Sector International electrical engineering company ABB has rolled out a blockchain pilot to explore how the technology could promote the role of solar energy in peer-to-peer (p2p) energy trading, technology-focused media outlet PV Tech reported on May 16.To implement the project, ABB collaborated with Italian energy aggregator Evolvere to deploy a blockchain it jointly developed with… Visa, EBay, Stripe and Mastercard Abandon Facebook’s Libra Project Visa, EBay, Stripe and Mastercard have all announced that they are dropping out of Facebook’s Libra Association and its associated stablecoin project.Four companies abandon shipOn Oct.
11, Bloomberg reported that Ebay, Stripe and Mastercard had decided to drop out of Facebook’s Libra cryptocurrency project.Within minutes, Visa said it had also decided not to join… Australian Record Scalability Blockchain: How Crypto Is Stepping Into the Land Down Under On Sept.26, Australia’s National Science Agency (CSIRO), an independent Australian federal government agency responsible for scientific research, developed a blockchain network called Red Belly with the University of Sydney.They successfully conducted a pilot test on the Amazon Web Services (AWS) global cloud infrastructure, processing more than 40,000 transactions per second.At 40,000 tx/second, Red… Sweden’s Central Bank to Partner with Accenture to Launch E-Krona Sweden’s central bank is planning plans to create a pilot platform for a digital currency known as the e-krona.While Switzerland took a negative stance towards a central bank digital currency (CBDC) earlier today, with its government claiming that it could do more harm than good, Sweden is starting to explore the potential benefits of e-krona,… .
