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Crypto World News

Cryptocurrency Ban Rumors are FUD, Botnet Infects Half a Million Servers to Mine Thousands of Monero and more!

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Interview With India's Three Largest Exchanges: Cryptocurrency Ban Rumors are FUD

Earlier this week, many reports falsely suggested that the Indian government has banned cryptocurrency trading and the entire cryptocurrency market.

https://cointelegraph.com/news/interview-with-indias-three-largest-exchanges-cryptocurrency-ban-rumors-are-fud

 

Botnet Infects Half a Million Servers to Mine Thousands of Monero

More than half a million machines have been hijacked by a cryptocurrency miner botnet, forcing them to mine nearly 9,000 monero tokens (worth roughly $3.6 million), according to a new report.

https://www.coindesk.com/botnet-infects-half-million-servers-mine-thousands-monero/

 

Facebook Bans Cryptocurrency, ICO Ads Because Of ‘Deceptive Promotional Practices’

Facebook has updated its advertising policy, announcing in a blog post Tuesday, Jan. 30 that it prohibits ads that use “misleading or deceptive promotional practices,” which, according to the social media platform, includes ads of cryptocurrencies and Initial Coin Offerings (ICOs).

https://cointelegraph.com/news/facebook-bans-cryptocurrency-ico-ads-because-of-deceptive-promotional-practices

 

BitPay and Copay App Users Must Take Urgent Action to Protect Private Keys

BitPay announced today there is a critical encryption flaw affecting the spending password in some BitPay and Copay wallet apps. Though it has already patched the vulnerability itself, it said users must update their private keys to protect their funds.

https://www.bitsonline.com/bitpay-copay-urgent-private-keys/

 

South Korea Ends Anonymous Cryptocurrency Trading, Exchanges to Finally Add New Users

The false and premature cryptocurrency trading ban proposal introduced by the country’s Justice Minister was rushed and unnecessary.

https://cointelegraph.com/news/south-korea-ends-anonymous-cryptocurrency-trading-exchanges-to-finally-add-new-users

 

Samsung Is Now Building Bitcoin Mining Chips, Report Says

The news was reported by South Korean news outlet The Bell 30 January, citing unnamed Samsung officials as its source.

https://www.coindesk.com/samsung-is-now-building-bitcoin-mining-chips-report-says/

 

John McAfee Doubles Down on Bitcoin Bet to Cannibalize Himself

John McAfee caused both groans and excitement last July when he promised to, well, eat his own copulatory organ if the bitcoin price didn’t hit $1 million USD in 2020.

https://www.bitsonline.com/john-mcafee-bet-bitcoin/