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Behind the scenes: Electrum hackers steal $4M with Bitcoin phishing attacks

Apr16
by on April 16, 2019 at 3:02 pm
Posted In: Around the Web, cryptocurrency, Hard Fork


Electrum Bitcoin wallet users have lost 771 BTC (approximately $4 million) since late December 2018, in an ongoing series of targeted phishing attacks. According to research released by Malwarebytes Labs, fraudsters were able to trick unsuspecting users into downloading a malicious version of the wallet by exploiting a weakness in the software. In February, the developers behind Electrum decided to exploit the same flaw in their own software to redirect users to download the latest patched version. Then, in March, things got worse and developers started exploiting another unknown vulnerability, essentially attacking vulnerable clients to keep them from connecting to bad nodes, which…

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Sirin Labs cuts 25% of its workforce as CEO faces $50M lawsuit

Apr16
by on April 16, 2019 at 2:41 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


Bitcoin‘s price might have risen lately, but blockchain startups are still reeling from the bite of the bear market. Sirin Labs, the firm behind the “world’s first blockchain phone” has confirmed 25 percent of its workforce has been let go. Sirin Labs, which released the $1,000 FINNEY smartphone last November, revealed 15 of its 60 employees have been laid off after sales failed to meet expectations, Globes reports. The firm also denied earlier rumors indicating Sirin Labs had trouble paying its employees, noting staff had now been reimbursed for March, and would be paid by “tomorrow” for April. The layoffs…

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Find your dream job at TNW2019

Apr16
by on April 16, 2019 at 2:36 pm
Posted In: Around the Web, Events, Insider, TNW2019


Job fairs are an effective way of getting your name out there and finding your next career challenge. But more often than not, it can feel a bit stiff or boring. At TNW2019, we’re shaking things up with the House of Talent, where you can sign up now to get a free expo ticket to our conference and find your dream job in a relaxed setting. We’ve joined forces with 20 of the best brands in tech, all looking to hire people like you. Meet recruiters working at Accenture, Booking.com, Nike, PwC, De Politie, ABN Amro, Startup Amsterdam, and Philips…

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eToro launches new ‘pro’ cryptocurrency exchange – and 8 stablecoins

Apr16
by on April 16, 2019 at 12:59 pm
Posted In: Around the Web, blockchain, cryptocurrency, Hard Fork


In an announcement today, eToroX – the specialized blockchain division of social trading platform eToro – revealed it is launching a new cryptocurrency-only exchange desk for pro traders. The new platform will support trading in six cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, and Dash. More notably, the exchange will also support trading in eight fiat-backed stablecoins, pegged to Euro, US dollar, New Zealand dollar,Canadian dollar, Australian dollar, Japanese yen, Swiss franc, and UK pound sterling. All stablecoins will be issued and managed by eToroX. eToro says there will be 37 different trading pairs – BTC-USD and XRP-GBP among others – between all cryptocurrencies and stablecoins offered.…

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