Urban, Author at 2100 NEWS

Malware Targeting Bitcoin ATMs Goes on Sale for $25,000

September 7, 2018 0 0

Regular bank ATMs have long been a target for criminals but now bad actors are turning their sights on Bitcoin ATMs as cryptocurrencies gain acceptance. According to Trend Micro security researchers, a malware targeting Bitcoin ATMs has been discovered in the underground markets. The Bitcoin ATM malware which is being sold at a price of US$25,000 takes […]

Crypto Exchange ShapeShift Sees Criticism for Mandating Memberships with KYC Norms

September 7, 2018 0 0

Often lauded as a bastion of anonymity, financial independence and personal security, ShapeShift exchange has made a controversial move in the eyes of some users by introducing KYC (know your customer) guidelines which will require their users to register their real identities to use the service. CEO Eric Vorhees published an announcement which was posted on Twitter […]

Bitcoin Mining Giant Bitfury Trims Cooling Demands by 95% with ‘Magic’ Liquid

September 6, 2018 0 0

With cryptocurrency markets struggling, Bitfury Group has immersed its mining equipment in a non-conducive liquid to reduce costs at its 40-megawatt mining plant in Tbilisi, Georgia, as it races to mine the remaining 21 million mineable bitcoins. The company’s investment in cooling technology signals the extent cryptocurrency miners are going to chill their energy-intensive computers, according to Bloomberg. […]

‘A Huge Step Forward’: Bahrain Minister Hails Blockchain Technology, Urges Adoption

September 6, 2018 0 0

Bahrain Minister of Electricity and Water Affairs, Dr. Abdulhussain Mirza has called blockchain technology a “true mark of progress” as he urges companies to take full advantage of its benefits. Speaking at the SmartSec Cyber Security and Blockchain Conference 2018, Mirza said the blockchain technology is an “important advancement” that helps us find a secure way to […]

‘World Wire’: IBM Launches Stellar-Based Blockchain Payments Platform

September 6, 2018 0 0

Computing giant IBM has launched a blockchain-based financial solution that it says has the potential to completely upend the existing status quo in global payments and remittances. The new solution called ‘IBM Blockchain World Wire‘ combines the Stellar blockchain with digital assets to make instant money transfers possible of a guaranteed value possible. In July, CCN reported that […]

Colorado Authority Investigates 3 Cryptocurrency Firms Behind Unregistered ICOs

September 5, 2018 1 0

Colorado’s Department of Regulatory Agencies (DORA) has revealed plans to asses three crypto-based firms offering “unregistered Initial Coin Offerings” in the state as part of an ongoing investigation into a practice being used by fraudulent companies to defraud members of the public. The investigation is being carried out by members of the Division of Securities, part of […]

A Million Accounts: Payments Blockchain Stellar Hits Milestone

September 5, 2018 0 0

Stellar, the open source, community-owned cross-asset payment framework has achieved the milestone of 1,000,000 accounts on its network. This was revealed in a tweet posted by OrbitLens posted on Monday, August 27. Stellar’s Growing Success Initially modelled and based and Ripple, Stellar has the goal of disrupting finance in three different ways simultaneously. It offers cross-asset transfer […]

$24 Million Thai Bitcoin Fraud: Defrauded Finn Withdraws Complaint Against 2 Suspects

September 5, 2018 0 0

The 22-year-old Finnish investor who was defrauded of 5,564 bitcoins in Thailand has agreed to withdraw his complaint against two key suspects. According to the deputy commander of Thailand’s Crime Suppression Division, Chakrit Sawasdee, a complaint against prominent Stock Exchange of Thailand trader, Prasit Srisuwan, and a majority shareholder of tech firm Expay Software Co, Chakris […]

Kraken, Okex, Huobi and major Asian crypto funds go to Blockchain Life 2018

September 4, 2018 0 0

The list of speakers of the key forum on blockchain, cryptocurrencies, ICO and mining – Blockchain Life 2018 – was replenished by owners and top managers of the biggest Chinese cryptocurrency funds and international exchanges. The forum will be held on November 7-8 in St. Petersburg, Russia. Among the speakers: Maximilian Marenbach (Kraken Exchange), Wu […]

Over US$8 Million Lost by 2,600 Investors in South Korea’s ‘Treasure Ship’ ICO

September 4, 2018 0 0

Millions of dollars are estimated to have been sunk by investors seeking a piece of the ‘Russian treasure ship’ ICO fronted by a South Korean ‘treasure-hunting’ firm. According to South Korean police, it has been tentatively concluded that about 2,600 people invested around 9 billion won or slightly over US$8 million in Shinil Group which claimed to […]