A Critical Flaw Is Affecting Thousands of WordPress Sites

Hackers have been exploiting the vulnerability, which is now patched: Users should update to File Manager version 6.9 ASAP. Powered by...

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Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint
Sep04

Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint

Chilean cryptocurrency exchange, Badu.com has denied allegations that it fraudulently transferred client funds without authorization. The fraud allegations are being reported by Itau bank and both parties are set to appear before the country’s Tribunal for the Defense of Free Competition (TDLC), which must rule on the case. The Itau Bank, which initially reported the complaint in February, reiterated its position on September 2...

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Privacy Options Underutilized in Cryptocurrency Usage: Report
Sep04

Privacy Options Underutilized in Cryptocurrency Usage: Report

Advances in cryptography have not met with user enthusiasm, suggesting a disconnect between the cryptocurrency community and its cypherpunk ancestors. According to Coin Metrics, transactions of privacy-focused cryptocurrencies zcash (ZEC), monero (XMR), and grin only add up to 6% of bitcoin’s transactions. Zcash’s privacy feature is significantly underutilized, with less than 2% of transactions fully shielded. Although the...

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Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY
Sep04

Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY

On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype has also caused the Maker DAO project to make a governance call in order to allow more DAI minting. The defi project Yearn Finance has been...

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$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July
Sep04

$16B Worth of Dollar-Pegged Cryptos: Stablecoins Add $100M a Day Since Mid-July

Stablecoins have been gathering a lot of steam and settling massive value in recent months. Moreover, on Thursday, Coin Metrics’ executive Nic Carter mentioned on Twitter that “stablecoins have been adding $100 [million per day] since mid-July. While a number of dollar-pegged stablecoins have seen demand, the longstanding tether is still capturing most of the economic activity. There’s been a lot of changes in the...

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