The Covid-19 Pandemic Reveals Ransomware's Long Game

Hackers laid the groundwork months ago for attacks. Now they’re flipping the...

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How Spies Snuck Malware Into the Google Play Store—Again and Again

Malicious Android apps from the so-called PhantomLance campaign targeted hundreds of users, and at least two slipped past Google’s defenses.

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1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining
Apr29

1 Cent per Kilowatt-Hour: China’s Sichuan Province Encourages Hydro-Powered Bitcoin Mining

The local government of Ya’an city, in China’s Sichuan province, has announced the region is encouraging bitcoin mining in Sichuan if operations leverage the local hydropower plants. The document released by Ya’an city officials is in stark contrast to how Sichuan lawmakers felt about mining in 2018. Back then the government and China’s central bank called the operation “wasteful” and discouraged...

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Chinese Court Declares Ethereum Legal Property With Economic Value
Apr29

Chinese Court Declares Ethereum Legal Property With Economic Value

A district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender in China, people can hold and transfer them like property. Court Ruling: ETH Is Legal Property in China The Shenzhen Futian District...

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Bitcoin Halving Theories: Whale Says Price Rise Is a ‘Nonsensical Narrative,’ Weiss Ratings Expects ‘Massive Crypto Superboom’
Apr29

Bitcoin Halving Theories: Whale Says Price Rise Is a ‘Nonsensical Narrative,’ Weiss Ratings Expects ‘Massive Crypto Superboom’

In less than two weeks, the Bitcoin block reward halving will take place and BTC miners will receive half the reward going forward after May 12. Since ‘Black Thursday’ (March 12), bitcoin prices have gained 103% since then rising from $3,800 to $7,750 per coin. With the halving fast approaching, many cryptocurrency proponents believe the event will create significant demand for the digital asset bringing the price back to...

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