Facebook data attack: 8 things you need to know

Facebook has revealed that 50m user accounts have been breached by an access token harvesting attack. It warns that another 40m may also have been compromised and in all 90m of its 2.2bn users will have to log in or reset their credentials. Facebook was already having a terrible year in terms of data security … [Read more…]

Africa in the news: South Africa launches stimulus plan and Somalia receives World Bank loan

By Mariama Sow South Africa announces $3.5 billion stimulus plan Last Friday, South African President Cyril Ramaphosa announced that the country would be launching a $3.5 billion stimulus and recovery plan in order to revive the economy and create jobs. President Ramaphosa added that his government would also launch a $28 billion medium-term infrastructure fund. … [Read more…]

US Lawmakers: SEC’s Stance on Crypto Is Hindering Innovation and Will Drive Business Elsewhere

More than a dozen US lawmakers just sent a landmark letter to the SEC, asking the agency to clarify its stance on cryptocurrency to ensure that the US remains a hub for technological innovation. “Current uncertainty surrounding the treatment of offers and sales of digital tokens is hindering innovation in the United States and will … [Read more…]

Ethos and Voyager, Opera and Android: The Evolving Face of Crypto Wallets

Cryptocurrency wallets are adapting to meet our increasing needs for mobility. Wallet creators are teaming up with various different tech companies to create hybrid wallets with more user functionality. Ethos, a blockchain platform specializing in cryptocurrency storage, just announced a partnership with Voyager, a crypto asset broker tailored to retail and institutional investors. Ethos can … [Read more…]

Bitcoin (BTC), Ethereum (ETH), VeChain (VET), Ripple and XRP, Wanchain (WAN), Zcash (ZEC): Crypto News Flash

From the increasing scrutiny of Bitcoin to a big countdown at Ripple, here’s a look at some of the stories breaking in the world of crypto. Bitcoin  Bitcoin bull Tim Draper says he didn’t predict the increased government scrutiny and regulation that hit BTC and crypto this year. “I did not anticipate that the regulators … [Read more…]

Tron (TRX) Unveils Major Update: Project Atlas, DApps, Gaming, Wallet and 97 Billion Token Burn

Tron just wrapped up an in-depth live stream update on the platform’s progress. Founder and CEO Justin Sun began by comparing Tron’s network activity to other blockchains, noting the Tron network now boasts more unique addresses than EOS. In addition, Sun says Tron gained more unique addresses in the first 95 days after its mainnet … [Read more…]

Ethereum dApp Flagged by Crypto Wallet MetaMask as ‘Active Scam’

Ethereum-based decentralized application 333ETH, one of the protocol’s most used dApp, has been labeled as an “active scam” by cryptocurrency wallet MetaMask, reported Hard Fork on Sept. 28. Accessing 333ETH via MetaMask throws up a caution message to visitors–stating the website is flagged for malicious reasons and may compromise user data. 333ETH is the most … [Read more…]

Banks Launder $2.7 Billion Every Day, Crypto Exchanges $9 Million in Two Years

Earlier this month, Danske Bank, the biggest bank in Denmark, faced its largest scandal to date for laundering more than $230 billion. Despite the billions of dollars banks launder on a daily basis, critics are still focused on crypto exchanges. On Sept. 28, Erik Voorhees, the CEO of popular cryptocurrency exchange ShapeShift, responded to the … [Read more…]