An exploit of MailChimp’s newsletter database has resulted in Trezor users being targeted by a malicious phishing scam. The compromise was allegedly perpetrated by a MailChimp “insider,” Trezor reported. Trezor is a hardware crypto wallet provider, meaning anyone can use Trezor to put their crypto into “cold storage.” Putting crypto in cold storage takes it offline; usually, this is to…
Non-profit organization Cardano Foundation has announced a three-year collaboration with the Blockchain Center of the University of Zurich (UZH BCC) to further research initiatives and explore blockchain education development. Through the partnership, the foundation will work with the Blockchain and Distributed Ledger Technologies (BDLT) Group at the University of Zurich to explore research topics like the efficacy of consensus protocols…
The Ecuadorian Police and the prosecution of Ecuador have raided several locations linked to Fortunario Digital Assets, a company that was allegedly making illegal collections of money related to forex and cryptocurrency business. The operation also encompassed the seizure of more than $7 million from the accounts of the Ecuadorian company. Ecuadorian Police Raid Fortunario Digital Assets The…
In brief Hivemapper, a decentralized digital mapping network, has raised a $18M Series A. The network rewards users with Solana-based crypto tokens for capturing dashcam data. The digital mapping industry is dominated by centralized giants like Google, TomTom, and Apple, but blockchain startup Hivemapper sees significant potential in a decentralized, open-source alternative that is built by a wide network of…
Get the full book now in Bitcoin Magazine’s store. This article is part of a series of adapted excerpts from “Bitcoin Is Venice” by Allen Farrington and Sacha Meyers, which is available for purchase on Bitcoin Magazine’s store now. You can find the other articles in the series here. Modern academic economics is beholden to mathematics so complex, so obscure,…
Jamie Dimon, CEO of investment banking giant JPMorgan, has praised blockchain technology and decentralized finance (DeFi) in a letter to shareholders published yesterday. “Decentralized finance and blockchain are real, new technologies that can be deployed in both public and private fashion, permissioned or not,” Dimon said, before adding that JPMorgan is “at the forefront” of these innovations. “We use a…
Whenever Elon Musk does something on Twitter, the crypto market moves in response. Publishing a tweet, changing his profile picture or adding “#Bitcoin” on his bio affects the markets — the latter even more so, sending Bitcoin (BTC) price up by 20%. This is why the community lies in anticipation of what Musk‘s Twitter investment could mean for the crypto…
FTX.US, the U.S. arm of Sam Bankman-Fried’s cryptocurrency exchange FTX, has agreed to make a strategic investment in the group that operates the IEX Exchange. FTX and IEX said that the strategic partnership would include working together to build a venue for trading digital asset securities. “What shape that takes will ultimately depend on what regulations require. The focus in…
sponsored EverRise, the blockchain technology company that brought the buyback to crypto, has upgraded to a new smart contract that supports VeNomics (vote escrowed token model) and on-chain utility NFTs. The upgraded EverRise protocol introduces increased security features and an innovative staking platform built with on-chain utility NFTs. The RISE token is available on Ethereum, BNB Chain, Polygon, Fantom, and…
Sam Bankman-Fried’s cryptocurrency exchange FTX continues aggressively investing in traditional finance, with the United States-based affiliate FTX US investing in Investors Exchange (IEX), a U.S. national stock exchange. FTX US has signed an agreement to make a strategic investment in the IEX’s operator IEX Group to jointly establish a market structure for buying, selling and trading digital asset securities, the…
