Technology

Reginald Fowler, an alleged operator behind payment processor Crypto Capital, was charged with wire fraud Friday, on top of existing charges of bank fraud, operation of an unlicensed money transmission business and conspiracy. According to an indictment filed Friday, Fowler allegedly created a scheme to obtain money “by means of false and fraudulent pretenses” and
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Digital commerce platform Shopify has joined the Libra Association. The company announced the move in a blog post Friday, becoming the latest member of the Facebook-founded stablecoin developer. Shopify joins roughly a month after Vodafone pulled out of the organization to focus on its own digital payments system. This is the first new member of
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Bitcoin’s lightning network is growing “increasingly centralized,” making it more susceptible to attacks, asserts a new paper by security researchers. Seen as a potential solution bitcoin’s scaling headaches, lightning is a payment network allowing for speedier and cheaper transactions. Partly to make lightning more robust, developers and researchers have been trying to spot holes in
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Samsung Electronics’ newly launched Galaxy smartphone will come with the same crypto storage facilities found on previous models. Unveiling the Samsung Galaxy S20 range recently, the Korean tech giant said the phone’s security system includes a new “secure processor dedicated to protecting your PIN, password, pattern and Blockchain Private Key.” Although Samsung gave much more
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Are two recent attacks taking advantage of “flashloans,” low liquidity and price oracle issues the first of more to come? Part of what makes decentralized finance, or DeFi, interesting to people is how it takes advantage of open-source protocols to enable types of transactions never before available. The problem, however, is financial structures mean new
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The Central Bank of Russia (CBR) has formally proposed a legal framework for tokenization, but also plans to label cryptocurrency transactions as suspicious activity, it said in a press release Monday. The CBR announced it had successfully piloted a platform that allows users to tokenize assets, including equities and currencies, and issue them to investors.
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CoinDesk reporter Leigh Cuen is joined by the Human Rights Foundation’s Alex Gladstein and Syrian entrepreneur Moe Ghashim to discuss how cultural context shapes the way people view bitcoin, including stories from the Middle East. Many bitcoiners see cryptocurrency as a cypherpunk tool that enhances personal freedoms, with cypherpunk meaning “using privacy tech to promote
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The Cardano blockchain’s lead development firm has established a new research center at the University of Wyoming (UW), after making a $500,000 donation in the ADA cryptocurrency. IOHK announced Friday that its new research and authentication center would form part of UW’s Blockchain Research and Development Lab and would promote the company’s academic approach to
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