Here's the recent articles submitted by business cbw
Articles By business cbw
Defi Protocol Badgerdao Suffers A Huge Loss Of $120m In A Front-end Attack
Submitted as: Greg C. Ryan
BadgerDAO, a decentralized autonomous organization (DAO) dealing with carrying Bitcoin to decentralized finance (DeFi), has allegedly succumbed to a hacking attack perhaps bringing about losses of more than $120 million.
Initial reports proposed the measure of user funds guided out of the protocol was $10 million, nonetheless, information from security organization PeckShield shows that the genuine losses are significantly higher.(read
entire article)
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Category : Business
Google Warns 'malicious Actors' Performing Crypto Mining Using Compromised Cloud Accounts
Submitted as: Greg C. Ryan
On Wednesday software giant Google issued latest cloud threat Intelligence report titled “Threat Horizons” report raising awareness among users and intelligence regarding security weaknesses in its platform.
As per Google around 86% of 50 recently compromised accounts are being used for malicious activity purpose. It also refers about malicious actors using compromised Google Cloud accounts for mining cryptocurrencies Chia, which use storage space as a mining resource. In the most of studied cases within 22 seconds of the account being compromised, cryptocurrency mining software was being downloaded.(read
entire article)
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Category : Beauty
U.s. Investment Firm Invesco Launches Spot Bitcoin Etp In Europe
Submitted as: Greg C. Ryan
Investment firm Invesco has partnered with crypto index provider CoinShares to offer its first ETP backed by physical Bitcoin in the European Union. The asset manager, which manages $1.3 trillion in assets has launched a spot-based offering in Europe after withdrawing a futures-based one in the U.S.(read
entire article)
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Category : Business
Leading Esports And Gaming Organization Team Vitality Announced Partnership With Tezos
Submitted as: Greg C. Ryan
The Leading Esports and gaming organization Team Vitality announced its partnership with Tezos and They will represent Tezos on the biggest stages in Esports. This three-year technical partnership is the largest in team Vitality's history.(read
entire article)
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Category : Business
Canaan Announced Partnerships With Leading Multiple Crypto Mining Firms In Kazakhstan
Submitted as: Greg C. Ryan
Leading Bitcoin mining hardware manufacturer Canaan announced its partnerships with leading multiple crypto mining firms in Kazakhstan as part of its expansion plan and to support the joint mining business in the region.(read
entire article)
View : 128 Times
Category : Business
U.s. Senators Introduced Bill Urging State Department To Review El Salvador's Bitcoin Law Policy
Submitted as: Greg C. Ryan
U.S. senators Jim Risch, Bob Menendez, and Bill Cassidy ranking member and chairman of the Senate Foreign Relations Committee, proposed the Accountability for Cryptocurrency in El Salvador (ACES) Act which would require the State Department to analyze and work on a report on El Salvador's Bitcoin Law allowing the adoption of Bitcoin as legal tender and propose a way to reduce risks to the U.S. financial system.
In a press release, senators say the legislation they proposed, gives the State Department 60 days to produce the report on the Central American country's adoption of Bitcoin, should the bill pass. According to the law, businesses that have technological means can accept payment in Bitcoin. To assist the citizens to start using cryptocurrency, the government gave $30-worth of the cryptocurrency for free to citizens in their wallets called Chivo.(read
entire article)
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Category : Business
Robinhood Announced To Approach A Worldwide Expansion Will Be ‘crypto First'
Submitted as: Greg C. Ryan
In an interview with CNBC on February 9, Steve Quirk, Robinhood's chief brokerage officer, has announced that the Popular exchanging app Robinhood's worldwide expansion will be "crypto first," as the organization hoped that from the regulatory standpoint, crypto is likely the easiest way to approach worldwide.(read
entire article)
View : 130 Times
Category : Business
Google Cloud Google Has Announced New Security To Detect Crypto-mining Malware On Virtual Machines
Submitted as: Greg C. Ryan
In a blog posted on February 8, Google has announced a new security include named Virtual Machine Threat Detection (VMTD) for Google Cloud users in its Security Command Center (SCC) area that is intended to recognize and block crypto-mining malware attacks or “cryptojacking” that might be occurring behind the owners' backs.
Google said this new feature is an agentless system that ceaselessly examines the memory of virtual machines sent in Google Cloud environments for indications of expanded CPU or GPU utilization- specific to crypto mining operations.
To keep away from false-positive detections, the element has been left disabled as a matter of course; in any case, any client can enable it for their GCP VMs. They can do this by going to the Settings page of their Security Command Center and looking under the Manage Settings segment.(read
entire article)
View : 132 Times
Category : Business
Crypto Settlement Startup Zebec Raised $15 Million Financing Round Led By Solana Ventures
Submitted as: Greg C. Ryan
Recently, programmable cash startup Zebec disclosed that the company has raised $15 million from investors. Solana Ventures and Distributed Global were leading the new Zebec financing round. Zebec is the startup that created a continuous and programmable cash stream protocol that uses the Solana network.
As per the press announcement, other members who participated in the round and injected capital into Zebec includes Lightspeed Venture Partners, Circle, Coinbase, Alameda Research, OKX Blockdream Ventures, DST Global Partners, Road Ventures, Global Founders Capital, BECO Capital, Greenoaks, GoldenTree Asset Management, and 500 Startups.(read
entire article)
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Category : Business
Jac Dorsey Led Block's Bitcoin Profits From Cash App Hit Nearly $2b
Submitted as: Greg C. Ryan
Cash App, the well-known mobile payment service created by Block, said it produced $46 million of bitcoin net revenue during the final quarter of 2021, 14% year over year.
Block, formerly named Square, the parent company of Cash App, Spiral, TIDAL, and TBD, revealed Cash App's Q4 2021 outcomes, which show how giving Bitcoin brokerage services may be a decent business tactic.
During Q4 2021, Cash App produced $1.96 billion in bitcoin income and $46 million of bitcoin net benefit, up 12% and 14% year-over-year (YoY), separately. The building yearly development rate (CAGR) for Cash App's bitcoin income and net benefit became 232% and 285% YoY, separately. As of December 31, the fair evaluation of the organization's bitcoin property was $371 million.(read
entire article)
View : 136 Times
Category : Business
