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Report: Cryptojacking Campaigns Up by 29%, Ransomware Attacks Up 118%

News Cybersecurity company McAfee Labs has released its August 2019 threat report, which notes an increase in cryptojacking campaigns and ransomware attacks in Q1 2019. Cryptojacking on the riseMcAfee Labs posted their report on the company’s website on Aug. 28. According to the report, crypto jac..

Startup Led by JPMorgan Veterans Brings Free BaaS Platform to Azure

News Hybrid blockchain solutions startup Kadena has updated its enterprise blockchain platform on the Microsoft Azure Marketplace. On Aug. 27, Kadena announced that its new product called Kadena Scalable Permissioned Blockchain is available on Azure Marketplace for free. Blockchain scalability amb..

Indian Firms Big on Blockchain But Gov’t Still Myopic on Crypto

It appears that the Indian government is mirroring China’s movements with regards to blockchain and cryptocurrency. A huge project by Indian mobile network operator, Reliance Jio, plans to roll out the country’s largest blockchain platform, yet lawmakers remain myopic about cryptocurrency. World’s ..

Researchers Discover New Cryptocurrency-Focused Trojan

News Computer analysts at cybersecurity firm Zscaler ThreatLabZ have found a new type of trojan that targets cryptocurrency users. In a blog post published on Aug. 8, the company reveals that it identified a new remote-access trojan (RAT) that is able to capture administrative control of the targe..

Truffle Announces Upcoming Dev Support for Corda, Hyperledger Fabric, Tezos

News Blockchain development company Truffle has unveiled plans to expand its fully managed developer suite to include support for the blockchain protocols Corda, Hyperledger Fabric and Tezos. Truffle founder and CEO Tim Coulter announced the company’s plans at TruffleCon 2019 — Truffle’s annual de..

Report: Coinbase VP of Engineering Tim Wagner Steps Down

News Tim Wagner, the vice president of engineering at major cryptocurrency platform Coinbase, is reportedly leaving the company. Wagner will purportedly leave Coinbase within the next two weeks, according to a report by CoinDesk on July 30. An unnamed spokesperson for the company is said to have c..

Bitcoin Would Be Amongst 50 Largest Companies In The World

The largest cryptocurrency by market cap wouldn’t make it to the top 10 most valuable companies in the world. Bitcoin is Huge, But 49 Companies Are Bigger than That As of July 30, Bitcoin’s total market cap is at $169 billion, according to Coinmarketcap data. The dominance level maintains above 64%..

Blockchain Startup Nets $2.4 Million in Public Funding to Fight Food Slavery

News Blockchain startup Lumachain has received $2.4 million in public funding from Main Sequence Ventures, a $165.6 million venture capital fund backed by the Australian government and the federal Commonwealth Scientific and Industrial Research Organisation. Lumachain’s newly-received funds will ..

KPGM to Work With Microsoft, Tomia and R3 on Blockchain Telecom Solutions

News Business advisory firm KPGM has partnered with tech companies Tomia, Microsoft and R3 to create a blockchain-based settlements solution for the telecom industry, in anticipation of 5G network services. KPMG announced the partnership and product plans in an official blog post on July 16. As pe..

Ex-Microsoft Employee Arrested for $10 Million Crypto Theft

News A former employee at Microsoft has been arrested for a scheme to steal $10 million in cryptocurrency, the Associated Press (AP) reported on July 17. Insider SchemesThe man — a 25-year old Ukrainian national, Volodymyr Kvashuk, allegedly used the ill-gotten proceeds to buy a $160,000 Tesla car..

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