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Investigation: crypto companies accused of fraud were able to receive payments from US budget
Several crypto companies involved in fraud cases initiated by the SEC have received support under the government's $660 billion Paycheck Protection Program. Experts note that participation in the assistance program does not provide for a thorough check.
Malevolent insiders and software errors: researchers revealed main hacking attack vectors on exchanges
At the Black Hat Security Conference, researchers detailed potential attack points that could be exploited by attackers to steal cryptocurrencies. Among the examples given were real cases that affected the operation of existing cryptocurrency exchanges.
Number of daily active bitcoin wallets reaches one million
Bitcoin wallets, which are used for daily transactions, reached a two-year high. Their number exceeded one million.
Research: altcoins account for a third of total electricity mining consumption
Scientists at the Technical University of Munich examined the energy consumption data of the 20 largest cryptocurrencies by market capitalization and concluded that altcoin mining also has a significant impact on the environment.
Largest Russian commercial bank thinks about issuing digital ruble in 2021
Sberbank may issue a digital token pegged to the Russian ruble for settlements on transactions with digital financial assets. The decision will be made closer to 2021, when the cryptocurrency legislation will come into force in Russia.
17-year-old hacker suspect of Twitter attack arrested in USA
American law enforcement agencies claim they managed to find cybercriminals who hacked celebrity Twitter accounts. The main defendant is a 17-year-old Florida resident.
Opinion: not buying bitcoins now is worse than not investing in Apple in the 2000s
Cameron Winklevoss, a billionaire and co-founder of Gemini cryptocurrency exchange, believes that, currently, not buying bitcoins is even worse than not investing in Amazon and Apple in the early 2000s.
