The IBM–Maersk blockchain effort was doomed to fail from the start

Observers can learn a few things from the failed effort by IBM and Moller-Maersk to develop TradeLens, a blockchain-enabled global trading platform.

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Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain

Nobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for blockchain projects, including crypto. In a recent article published in the New York Times (NYT), the economist criticizes blockchain as a tech and its uses citing several signs that he believes precede this upcoming winter. Paul Krugman Compares Crypto Winter

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Blockchain-based supply chain platform canned by IBM and Maersk

Although the TradeLens platform will officially go offline in Q1 2023, Maersk said it's not given up its effort to digitize the supply chain industry.

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Cybercriminals Likely to Deviate From Cryptocurrencies, Says Kaspersky Report

The ability of cybercriminals to move money securely is predicted to be hindered as regulations and tracking technologies advance, making Bitcoin (BTC) a less alluring payment option. In a report released on Nov. 22 by the cybersecurity company Kaspersky, it was noted that the use of Bitcoin in ransomware negotiations and payments would decrease as […]

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Building Applications On Top Of The Bitcoin Protocol

It is possible to build on the Bitcoin blockchain using layer two technologies while leveraging the security and censorship-resistance it provides.For years, Ethereum has been the darling of the developer community. As decentralized applications (DApps) and non-fungible tokens (NFTs) exploded on the Ethereum network, Bitcoin struggled to match its popularity for this purpose. It’s easy… More

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Three Bold Predictions For Crypto Going Into 2022

Crypto Moves Fast, And Trends Even Faster. 2021 was the year of NFT’s, Play-To-Earn, Metaverse, and Meme Coins. Overlaying all of those trends was the obvious focus on Layer-1’s, which underpin the whole gambit. No one has a crystal ball, but some things are more obvious than others when you study and write about crypto […]

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BREAKING: First-Ever Blockchain Stock Exchange to Launch in Europe

An Entire European Stock Exchange Will Be Powered By Crypto and Blockchain Covered: Stock Exchange Acquired By Blockchain Firm Gibraltar’s Strong Stance On Crypto Endorsements/Partnerships Gibraltar Stock Exchange Acquired By Blockchain Firm Gibraltar is a British Territory on the South coast of Spain. While the small territory is a quiet place where those on holiday […]

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Crypto Business Advisor Shares How Not to Fail ICO Launch

Arturas Svirskis, Cryptexus CEO, names a number of critical factors that young crypto projects are not taking into account, which causes them to fail.

Continue reading Crypto Business Advisor Shares How Not to Fail ICO Launch at DailyCoin.com.

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Global Cybersecurity Firm Kaspersky Predicts Crypto Attacks Increase in 2022

Kaspersky correctly predicted 7-of-8 cyberthreats for 2021 and believes it has the inside track to foresee the cyber risks for next year as well.

Continue reading Global Cybersecurity Firm Kaspersky Predicts Crypto Attacks Increase in 2022 at DailyCoin.com.

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Building On Bitcoin In Latin America

Two Latin American developers discuss how their projects are building on the adoption of Bitcoin in the region.

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How Hackers Use Fake GitHub Projects to Steal Crypto, According to Kaspersky

Recently, hackers have been utilizing fake projects on GitHub to steal cryptocurrency from users, according to Kaspersky experts. These cybercriminals are taking advantage of the trust associated with the popular platform to deceive unsuspecting individuals. Fake projects have been created on GitHub repositories, luring users with promises of enticing features or financial gains. Once users [...]

The post How Hackers Use Fake GitHub Projects to Steal Crypto, According to Kaspersky appeared first on Crypto Breaking News.

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Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private Key

Kaspersky, the multinational cybersecurity and anti-virus provider, made a startling revelation on May 10th. According to their report, a victim of a crypto hack had unwittingly purchased a counterfeit Trezor Model T from a “trusted seller through a popular classifieds website.” The researchers at Kaspersky were able to extract the custom firmware that the hackers [...]

The post Kaspersky Uncovers Counterfeit Trezor Wallets That Jeopardize Crypto Assets With Pre-Knowledge of Private Key appeared first on Crypto Breaking News.

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Cryptocurrency Phishing Attacks Rise by 40% Year-on-Year in 2022

Kaspersky, a Russian cybersecurity and anti-virus provider, has reported a 40% year-on-year increase in cryptocurrency phishing attacks in 2022. The attacks involve reaching out to investors through fake websites and communication channels that mimic official companies, prompting users to share personal information such as private keys. Attackers are evolving their strategies to lure unwary crypto investors. Recently, hardware cryptocurrency wallet provider Trezor warned against attempts to steal users' crypto through fake Trezor sites. In a survey, one out of seven respondents admitted to being affected by cryptocurrency phishing. (Read More)

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Cryptocurrency Phishing Attacks Surge in 2022

Kaspersky reports a 40% YoY increase in cryptocurrency phishing attacks in 2022. These attacks involve fake websites and communication channels that mimic official companies to trick users into sharing private information such as private keys. Kaspersky warns that scammers continue to evolve their techniques and stories to lure in unsuspecting crypto investors. (Read More)

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Crypto phishing attacks up by 40% in one year: Kaspersky

Russian cybersecurity and anti-virus provider Kaspersky detected 5,040,520 crypto phishing attacks in the year as compared to 3,596,437 in 2021.

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Former Binance.US CEO Brian Brooks takes board seat at MicroStrategy

Michael Saylors MicroStrategy has added three new members to its board of directors, including former Binance.US CEO Brian Brooks, who was recently rumored as a contender for the SEC Chair position.

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Lazarus Group exploited Chrome vulnerability with fake NFT game

The North Koreans invested great effort in creating and promoting the game that apparently drained users wallets.

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Argentina Opens Probe Into Worldcoin Personal Data Treatment Procedures

The government of Argentina informed it had opened an investigation into the data collection activities that Worldcoin is executing in the country. The Public Information Access Agency (AAIP), the data comptroller in the country, sent a letter to the Worldcoin Foundation requesting information about how the personal data of Wordcoin users is treated. Argentina to [...]

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Massive supply chain attack targeting small number of crypto companies: Kaspersky

A supply chain attack installed a backdoor in computers around the world but has only been deployed in fewer than ten computers, cybersecurity company Kaspersky has reported. The deployments showed a particular interest in cyptocurrency companies, it added.  Cybersecurity company Crowdstrike reported on March 29 that it has identified malicious activity on the 3CX softphone [...]

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Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse

The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the possible repercussions this new failure might have on U.S. and international economies. While United States President Joe Biden has assured the public that the banking system remains safe, analysts are warning that this might not

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