Chinese Surveillance, Facebook Tracking, and More Security News This Week
3-D printed rifles, Iran missile hacking, and more of the week’s top security...
Court Reconsiders Ruling After SEC Proves Tokens Are Securities
After failing to convince a federal court regarding the nature of Blockvest tokens in the previous hearing, the U.S. Securities and Exchange Commission (SEC) has finally convinced the same judge that these tokens are securities. The agency alleges that the firm and its founder made several false claims regarding their token’s regulatory status. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval...
Orca Pool Mining Operation Aims to Defend Altcoins and Forks From Attacks
Last November the Bitcoin Cash (BCH) community witnessed a hash war that resulted in a bifurcation of the main chain. The spat saw one of the first examples of the alpha miner strategy and an attempt to truly test Nakamoto consensus. About a week before the fork, a new mining operation was announced called Shark Pool aimed at explicitly attacking weaker chains. However, a new type of mining organization revealed itself on Feb. 15...
Drug Dealer Fights to Prevent Canadian Police From Forfeiting His BTC
A Canadian online drug dealer, snared by an undercover police agent on the dark web, is pleading to be allowed to keep half of the 288 bitcoins that police seized from him as proceeds of crime. With prosecutors seeking a court order to forfeit the crypto stash, worth CAD$1.4 million (US$1.1 million), the 30 year-old dealer argues that not all of his bitcoin was used for criminal purposes. Also read: High Cost Slows Down Bitcoin...
Markets Update: Crypto Traders Still Uncertain After a Week of Consolidation
Cryptocurrency markets are once again riding a long period of consolidation as the last seven days has failed to show any meaningful moves. During our last markets update, digital asset values spiked considerably, gaining billions in one hour on Feb. 8. But a week later cryptocurrencies have offset those gains and most markets have been following a narrow range for more than a week. Also Read: Bitcoin’s Social Contract Must...