A new study showed that only a quarter of the blockchain companies in South Korea generated revenue for 2018. This is much lower than the performance of companies operating in other technological areas. The study was conducted back in December 2018, but the report was released only now. However, it is clear that despite the…
The Binance dollar stablecoin under the ticker symbol BUSD (Binance USD) will be circulated on the Ethereum blockchain, but its migration to the Binance Chain is planned in the future. Paxos, the stablecoin operator Paxos Standard Token (PAX), is participating in the development of BUSD. According to the agreement, she will be engaged in the…
Sinochem Energy Technology, a subsidiary of the Chinese state oil and gas giant Sinochem Group, plans to launch a blockchain platform in conjunction with Shell and Macquarie. According to Reuters, citing “three Beijing sources in the industry,” Shell and Macquarie signed an agreement in July to develop a blockchain platform for crude oil operations. In…
According to a new study by TokenAnalyst, the number of users who send money to large cryptocurrency exchanges has been declining over the past few months. This indicator peaked in 2017, after which the number of unique addresses that are used to send funds to popular exchanges such as Binance and Bitfinex began to decline….
New York-based Paxos Launches Gold-Linked Stablecoin Pax Gold (PAXG). The company believes that such an instrument can attract new investors to the industry. It is reported that the stablecoin will be launched on the Ethereum blockchain. The company emphasized that each token will be provided with gold at the Brink vault in London. The cost…
Offchain Labs startup, which received a $ 3.7 million investment from Coinbase Labs in April, has launched an alpha version of the Arbitrum solution, designed to scale the Ethereum network. It is reported that, thanks to Arbitrum, each smart contract on the Ethereum blockchain will be able to process up to 500 transactions per second….
Copper, a custodian in London for digital assets, has announced that since launching the infrastructure in June, he has processed over $ 500 million in transactions, growing each month. The company offers digital asset protection for multiple funds and investors operating a full range of investment strategies. Currently, clients such as GSR, a large market…
Kaspersky Lab experts have discovered a malicious program for hidden cryptocurrency mining, which is distributed on sites hosting pirated versions of textbooks. Malicious software masquerades as a book or an abstract placed in an executable file that allows the hacker management and control system to send malware to the infected computer, including cryptocurrency miners and…
Many industry representatives call Bitcoin “digital gold”, but, according to the famous investor Mark Mobius, cryptocurrencies have not confirmed their status as a safe asset. In a CNBC Channel program, Squawk Box, in a conversation about emerging markets and safe assets, Mobius emphasized that cryptocurrencies, like fiat money, are based on people’s faith. They are…
Security software provider Kaspersky has identified a form of malware dedicated to cryptomining that is commonly found in hacked manuals. The delivery agent, WinLNK.Agent.gen, has been active since 2011, but lately it has started to expand again. The malware program masks itself as a book or an essay packaged in an executable file that allows…
