Symantec Thwarts Ransomware Attacks Against At Least 31 U.S. Corporations

Cybersecurity firm Symantec, a part of Broadcom, Inc., has claimed to have thwarted ransomware attacks against at least 31 U.S. corporations, including 11 listed companies, eight of which are Fortune 500 companies. It identified and alerted these customers about the attackers attempt to deploy the WastedLocker ransomware on their networks. Symantec identifies WastedLocker as a relatively new breed of targeted […]

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Cryptocurrency Bitcoin Halving Again

The world’s most popular cryptocurrency Bitcoin (BTC) is set to halve again for a third time. This means the reward given to Bitcoin miners for processing transactions is being cut by 50 percent. This also means that the rate at which new Bitcoins enter circulations are halved. Bitcoin has generally ended with higher prices after the completion of halving, as […]

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BitPay Adds Support For Binance Stablecoin For Global Payments

Bitcoin Payment Processor BitPay has now added support for the fourth US dollar-backed stablecoin to provide merchants and businesses more option to receive settlement for their payments. BitPay added support for major crypto exchange Binance’s stablecoin BUSD after the earlier addition of Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) to the platform. It also […]

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Successful Attacks By Ransomware Slowing Down In 2020 Amid COVID-19: Study

Early indicators in 2020 show that ransomware attack numbers would be similar to or worse than 2019, but the number of successful attacks reduced considerably now amid the coronavirus (COVID-19) crisis, according to cybersecurity firm Emsisoft Malware Lab. It is now at a level not seen in several years. Cybercriminals use software vulnerabilities to launch ransomware attacks on organizations and […]

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Crypto Lending Firm Blockfi Adds Support For Buying Cryptos With Cash

Cryptocurrency-backed lending startup Blockfi added support for buying cryptocurrencies such as Bitcoin with cash on the platform. The purchase can be made by sending cash through wire transfer. Blockfi said the customer can send US Dollar wires to the platform to purchase stablecoin in the form of Gemini Dollars (GUSD), and begin earning up to 8.6 percent on USD-denominated assets. […]

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What Bitcoin Breaking $11,000 Means for the Crypto Market's Future

Bitcoin, which collapsed to a low of $3,100 in December, smashed through the $11,000 mark on Sunday after breaking through the critical $10,000 level. Both levels were considered highly unlikely only a few weeks ago. At a price just under $11,000 on Monday evening, the world’s largest digital coin by market capitalization recovered over half its historic increase during the […]

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Binance Partners Paxful To Enable BTC Purchases In 167 Fiat Currencies

Cryptocurrency exchange Binance teamed up with peer-to-peer Bitcoin marketplace Paxful to provide an additional option to its users to buy cryptocurrencies such as Bitcoin using multiple fiat currencies. The partnership will see Paxful’s web-based Virtual Bitcoin Kiosk being integrated and directly available on the Binance platform for new and existing users. This will enable Binance users to use Paxful’s P2P […]

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Bitcoin value slips into danger zone

On the back of an already poor week for BTC where it suffered a 6 percent fall across seven days, there had been hope among traders for a bounceback away from the $8,600 to $8,400 that threatened to drag it down into a dogfight over the $8,000 line and the potential for a death cross. A death cross (a chart […]

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Further bloodshed on the cards for bitcoin?

Instead, the widely-anticipated slip to sub $7.5k was waiting to catch the fall where it is currently settled – albeit quite uncomfortably – at around $7,400. Many observers had anticipated Mark Zuckerberg’s appearance before US Congress yesterday afternoon would have been the narrative that the BTC markets would follow. However, bitcoin didn’t even have the courtesy to wait for the Facebook […]

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