Articles with tag: mining

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Bitcoin wealth more evenly spread with smaller accounts, report

17 Sep 2020 | Cryptocurrencies

Coin Metrics has released a report regarding Bitcoin (BTC) and its decentralisation process, which ‘encompasses a large number of loosely-coupled characteristics.’

Bitcoin, BTC, accounts, report, Bitcoin block, mining, control, wealth distribution, token, digital assets, decentralisation, crypto currency, hashpower, whales, digital currency network, Coin Metrics, crypto platforms, payments and savings

Russia implements new crypto rules, as banks adapt to new exchanges

10 Aug 2020 | Cryptocurrencies

Russia has introduced new rules regarding the use of cryptocurrency its borders, coming into effect in January 2021. 

Russia, crypto rules, cryptocurrency, banks, exchanges, Bitcoin, Ether, Vladimir Putin, Kremplin, cryptocurrency law, digital currency, Russian Federation, crypto exchanges, Bitcoin mining, blockchain

US Faster Payments Council publishes white paper focused on fraud prevention

31 Jul 2020 | Digital Identity, Security & Online Fraud

The US Faster Payments Council (FPC) has released its latest white paper, Examining Faster Payments Fraud Prevention. 

US Faster Payments Council, FPC, white paper, Examining Faster Payments Fraud Prevention, fraud schemes, identify theft, account takeover, synthetic identity, social engineering, Authorised Push Payment, faster payments environment, user experiences, cross-border payments

Bixin launches USD 66 mln Fund of Funds to assist crypto investments

08 May 2020 | Cryptocurrencies

Hong Kong-based cryptocurrency company Bixin Global has launched a Fund of Funds (FoF) worth USD 66 million.

Bixin Global, Fund of Funds, BTC, quant funds, arbitrage, CTA, trend analysis, BTC halving, mining management, cloud mining, mining fund sectors, bitcoin, cryptocurrency, OTC lending

Open source blogging platform Ghost affected by crypto mining malware

04 May 2020 | Cryptocurrencies

Ghost, an open source blogging platform, has had its servers compromised by crypto miners as part of an extensive ransomware campaign.

Ghost, open source platform, blog, crypto mining malware, ransomware, Salt software, cybercriminals, cryptojacking, cryptocurrency, Monero

Celonis launches AI-driven accounts payable software

29 Apr 2020 | E-invoicing, SCF & E-procurement

Celonis, a Germany-based tech company who makes process mining software, has debuted a new suite of operational software including for accounts payable.

AI, process mining software, accounts payable software, Celonis, supply chain finanace

Celonis raises USD 290 million for AI-powered process mining

25 Nov 2019 | E-invoicing, SCF & E-procurement

Germany-based intelligent business solution company Celonis has closed a USD 290 million series C round.

Celonis, process mining, funding round, series C funding, United States, B2B payments, accounting, intelligent business solutions, SAP, Oracle, Salesforce, United States, Germany

British Tax Authority releases crypto guidance for businesses and enterprises

05 Nov 2019 | Cryptocurrencies

Her Majesty’s Revenue & Customs (HMRC) has issued guidance for businesses and enterprises for crypto asset exchange tokens following up a year-old promise, according to CoinDesk.

HMRC, crypto asset exchange, tokens, mining, Bitcoin, tax laws, cryptocurrency

North Korea denies it hacked USD 2 bln worth of fiat and cryptocurrencies

03 Sep 2019 | Cryptocurrencies

North Korea has denied a recent U.N. report suggesting it was behind major hacks of banks and cryptocurrency exchanges that reaped around USD 2 billion.

North Korea, hacks, fiat, cryptocurrency, banks, exchanges, AML, fraud, financial institutions, mining

Crypto-mining malware campaigns still on the rise

02 Sep 2019 | Cryptocurrencies

Crypto-mining malware campaigns have climbed 29% from Q4 2018 to Q1 2019 according to McAfee Labs’ August 2019 Threats Report.

McAfee, crypto mining, malware, report, Monero, crypto jacking, PowerShel, vulnerabilities

Varonis researchers discover Monero mining malware

16 Aug 2019 | Cryptocurrencies

Cybersecurity company Varonis has discovered ‘Norman’, a new cryptojacking virus that aims to mine the cryptocurrency Monero (XMR) and evade detection.

Monero, mining, malware, cryptojacking, cryptocurrency, hackers, cybercriminals, fraud, dark web, digital assets, Varonisv

ABBYY acquires TimelinePI to establish role in digital transformation market

06 Aug 2019 | Payments General

ABBYY has completed the acquisition of TimelinePI, to establish ABBYY’s role in the digital transformation and mining market.

ABBYY, acquisition, TimelinePI, digital transformation, mining, digital intelligence, financial services, banking, onboarding, tax, IDs, compliance

Iran: Central Bank of Iran Governor to accept crypto mining

15 Jul 2019 | Cryptocurrencies

The governor of the Central Bank of Iran (CBI) has declared that Iranian authorities are planning to authorise cryptocurrency mining.

Iran, crypto mining, Central Bank of Iran, governor, digital assets, cryptocurrency, national currency, gold, Bitcoin, government

Lumi Wallet announces support for EOS blockchain

06 May 2019 | Cryptocurrencies

The development team of Lumi Wallet has broaden its ecosystem, introducing support for EOS blockchain.

Lumi Wallet, EOS, blockchain, DApps, tokens, wallet, currency rates, Ethereum, Tron, partnership, block producers, Minergate, mining pool, open account, security, BTC, ETH, BCH, ERC20, coins

Final Frontier, Bitfury roll out Bitcoin mining fund

24 Apr 2019 | Cryptocurrencies

Final Frontier, a Swiss investment company, and global blockchain technology provider, the Bitfury Group, have launched a regulated Bitcoin mining fund.

Final Frontier, Bitfury, Bitcoin, cryptocurrency, Bitcoin mining fund, blockchain, miners, funding, Switzerland, hardware

Big corporates invested over USD 850 million in crypto startups

22 Apr 2019 | Cryptocurrencies

Venture capital investments in crypto and blockchain startups that included funds from corporates have raced to USD 850 million in 2019, data compiled by PitchBook for Reuters shows.

blockchain, cryptocurrency, tokenisation, investment, VC, startups, supply chain, mining

Chinas state planner wants to ban Bitcoin mining

09 Apr 2019 | Cryptocurrencies

The growing Chinese government pressure on the cryptocurrency sector could lead to banning Bitcoin mining in the country, according to Reuters.

cryptocurrency mining, Bitcoin mining, China, cryptocurrency, hardware

Gold investment plans to be launched by Google Pay in India

25 Mar 2019 | Payments General

Digital transactions company Google Pay has planned to introduce gold-backed investment plans for its users.

Google Pay, launch, gold, India, digital transactions, New Delhi, mining, service provider, government, two-factor authentication, registration, KYC

Change in Ethereums ProgPoW mining to be considered for Istanbul upgrade

13 Mar 2019 | Cryptocurrencies

A mining algorithm has been considered to be included in Istanbul, the code designed to enact Ethereum’s next system-wide upgrade.

Ethereum, cryptocurrency, ProgPoW, mining, Istanbul, proof of work, blockchain, miners

MinerGate, Lumi Wallet partner to supporting EOS

12 Mar 2019 | Cryptocurrencies

MinerGate has planned to become an EOS block producer, partnering with Lumi Wallet so that its users will be able to vote in the EOS ecosystem.

MinerGate, Lumi Wallet, EOS, partnership, EOS, cryptocurrencies, mining, wallet, tokens