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Recent Drupal Exploit Is Being Used to Illegally Mine Cryptocurrencies
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Recent Drupal Exploit Is Being Used to Illegally Mine Cryptocurrencies

Cybercriminals often target known and unknown exploits found in operating systems and web architectures. Evidently, someone took advantage of a recent Drupal exploit to mine cryptocurrencies in an illegal manner. Although the exploit was patched in late March,...
Data Firm at Center of Facebook Controversy Planned $30 Million ICO: Report
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Data Firm at Center of Facebook Controversy Planned $30 Million ICO: Report

Cambridge Analytica, a British data analytics firm, was planning to raise as much as $30 million by issuing a new cryptocurrency through an ICO before it got swept up in a scandal surrounding the misuse of Facebook Inc. personal data, sources familiar with the...
Lithuanian Central Bank Initiates Dialogue On Crypto Between Banks, Regulators, Traders
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Lithuanian Central Bank Initiates Dialogue On Crypto Between Banks, Regulators, Traders

The Bank of Lithuania has reportedly begun looking into cryptocurrencies, initiating a dialogue between commercial banks, government regulators, and crypto traders, local news outlet The Baltic Times reports today, April 15. The central bank had invited rep...
Malta Regulator Seeks Feedback On Proposed Crypto Financial Instrument Test
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Malta Regulator Seeks Feedback On Proposed Crypto Financial Instrument Test

The Malta Financial Services Authority (MFSA) has released a consultation paper on the possible introduction of a “Financial Instrument Test” that would legally define virtual tokens, according to an April 13 announcement on their site. The Financial Instru...
China’s Bitmain Gets Approval for US Bitcoin Mining Operation
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China’s Bitmain Gets Approval for US Bitcoin Mining Operation

Bitmain, Chinese cryptocurrency mining company, has been given a green light to set up a blockchain facility in Western Walla Walla County, a county in the U.S. state of Washington. Local newspaper Union-Bulletin wrote that the decision was in complete agreeme...
After Launching Massive ICO, Telegram Is Now Banned in Russia
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After Launching Massive ICO, Telegram Is Now Banned in Russia

Just weeks after launching one of the most successful ICOs ever, Telegram is to be banned in Russia. The ruling came after the company refused to yield encryption keys to the Russian authorities and Moscow has now ordered telecommunications companies to block ...
Bermuda Outlines Cryptocurrency Regulations to Attract Entrepreneurs
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Bermuda Outlines Cryptocurrency Regulations to Attract Entrepreneurs

Bermuda is moving forward on virtual currency legislation as it seeks to attract fintech entrepreneurs, the country’s Minister of National Security noted during an overview of its proposed fintech regulatory framework at the Bermuda Underwater Exploration Inst...
Still Thinking of Investing in ICOs? Here Are 5 More Red Flags to Look Out For
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Still Thinking of Investing in ICOs? Here Are 5 More Red Flags to Look Out For

When statistics show that 81% of ICOs end up becoming scams, alarm bells should ring far and wide when it comes to investing in them. The market is flooded with unscrupulous individuals looking to secure as much funding as possible and leaving investors out of...
Chinese Police Shut Down Crypto Conference
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Chinese Police Shut Down Crypto Conference

Police in China shut down a blockchain conference on Thursday, citing security risks, in a move that was contested by the organizers of the conference. The 2nd Global Fintech and Blockchain China Expo 2018 (GFBC) was brought to a halt by the authorities, repor...
Kenya’s Central Bank Warns Against Cryptocurrency
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Kenya’s Central Bank Warns Against Cryptocurrency

As the regulatory debate continues mainly between government agencies and cryptocurrency protagonists, the Central Bank of Kenya (CBK), through its Governor, Patrick Njoroge joins in the campaign towards slowing down the propagation of Bitcoin and cryptocurren...