Personal Data of 250,000 People From 20 Countries Leaked by Bitcoin Scam

A global bitcoin scam has reportedly leaked personal data of about 250,000 people from more than 20 countries. The majority of the compromised data were of people in the U.K., Australia, South Africa, and the U.S. This bitcoin scam operates under several different names. Investors’ Personal Data Leaked A global threat hunting and intelligence company, Group IB, revealed this week that it has “discovered thousands of personal records of users from over 20 countries of the world exposed in a targeted multi-stage bitcoin scam.” The Singapore-based company said that it…

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DeFi Offers Potential Investment Opportunities said HyperChain Capital

HyperChain Capital CEO says DeFi provides potential growth and investment opportunities for the digital assets management firm. Decentralized finance, or DeFi, offers potential growth opportunities said the chief executive of digital assets management company HyperChain Capital. HyperChain CEO Stelian Balta said DeFi “has a huge opportunity to grow” and that digital currencies and blockchains are something the company continues to look on with interest.  “I believe DeFi space has a huge opportunity to grow and one of the leaders in DeFi space, Kyber Network, just crossed $1 billion dollars in…

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Casa Releases Results on Server Implementation Test

Casa finds ElectrumX to be the “best bang for the buck” for server implementations after test. Crypto custody firm Casa released results from its test to find a new way to connect to the Bitcoin network and found ElectrumX had the best bang for the buck. Casa founder and cypherpunk Jameson Lopp noted the custody firm recently rewrote its backend infrastructure to support Electrum based on the tests. The company chose three different server implementations for the test: ElectrumX, Electra and Esplora Electrs. It discounted three other servers, Electrum-Server, Electrum…

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Germany Takes Over FATF Presidency With New Guidance to Help Countries Apply Crypto Standards

The Financial Action Task Force (FATF) has a new president as Germany took over the presidency from China. The intergovernmental organization also highlighted the need for more guidance on cryptocurrencies as many countries have not yet fully implemented its revised crypto standards. Another review has also been announced. Germany Now Leads FATF The FATF has a new president, Dr. Marcus Pleyer of Germany, who succeeded Xiangmin Liu of China. Pleyer serves as Deputy Director General in Germany’s Ministry of Finance. His two-year term as the president of the anti-money laundering…

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Renowned Cryptographer Says His Patent Was an Obstacle for Hal Finney

Okamoto explains why his “electronic cash” patent may have presented obstacles to Hal Finney’s plans to make his own electronic currency. Tatsuaki Okamoto explains why his “electronic cash” patent might have presented an obstacle to Hal Finney in his ambition to create his own electronic currency. Six key patents Sometime before Dec. 6, 2004, Hal Finney did a search in a patent database on “blind-signature based cash systems”. On his site he posted a list of six such patents: “This might be useful for those considering implementing electronic cash.” Four…

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Dalio Says Capital Markets Are ‘Not Free‘ as Central Banks Drive Economy

Bridgewater CIO Ray Dalio claims capital markets are no longer free as central banks drive more of the economy. Ray Dalio, the billionaire hedge fund manager and founder and chief investment officer of Bridgewater Associates, believes capital markets are no longer free. Speaking to Bloomberg, Dalio said markets have changed a lot so central banks like the Federal Reserve no longer act within the confines of the traditional economic system. “There are markets that are driven by central banks not only their actions but their desire to be an owner…

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Over 2,500 Austrian Merchants Can Now Accept Cryptocurrency Payments

More than 2,500 merchants in Austria can accept three types of cryptocurrencies via the payment processor Salamantex. The company explained that the system was tested with a number of select A1 5Gi network shops. Since the Covid-19 outbreak, contactless payments have been trending more so than they ever were before. There are a number of traditional services that remove cash from the equation, but cryptocurrencies also provide the same ends except the means are decentralized. This week the Austrian payment processor Salamantex announced that 2,500 merchants in the country will…

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Building Blockchains Secretly in South America

NULS core developer “Berzeck” speaks on the state of blockchain technology in Latin America. Blockchain could bring technological revolution in Latin America said Mario Blacutt, NULS core developer and Nerve Network founder, in an exclusive interview with Cointelegraph. Blacutt revealed his thoughts on the region’s blockchain environment and the hurdles he faced after former Bolivian President Evo Morales banned cryptocurrencies in 2014. Blacutt, who recently revealed his real name to the public after having hidden under the pseudonym “Berzeck” for several years,” said blockchain technology will “undoubtedly” spark another decade…

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‘Everything Will Move to Confidential DeFi‘ Beam’s CEO Says

In the time of DeFi boom, how will Beam’s confidential DeFi stand different from others? Beam CEO Alexander Zaidelson spoke to Cointelegraph. On June 29th, major privacy cryptocurrency Beam underwent a hard fork to enable “Confidential DeFi” on Beam. In the time of the DeFi boom, how will Beam’s confidential DeFi be different from other DeFi such as COMP and MakerDao? Alexander Zaidelson, the CEO of Beam, spoke to Cointelegraph about its prospects. The Beam hard fork activated the support of confidential assets, or Beam CA, which enabled independent tokens…

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Bored With Bitcoin? This BTC Price Level Is Key for a Big Breakout

The price of Bitcoin is consolidating below $9,300 but this isn’t necessarily bearish as a major breakout may be in the works. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has been ranging between $8,600 and $10,500 since the halving. During the two-months’ sideways action, the market started to heat up and altcoins entered the spotlight. Additionally, traders and investors are constantly debating whether BTC price is still in bull or bear territory. Let’s take a closer look at the charts to where Bitcoin may be headed…

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