“Under the hood”: social networks as a tool of influence

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Social networks have become a real bridge between users around the world. The publication of personal information, photographs and other materials has long been a part of creating communication. However, few people think about the negative consequences that social networks can carry.. Facebook and his «friends» The recent Facebook scandal, sparked by an interview with […]

UK financial regulator will not control bitcoins and ether

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The UK Financial Conduct Authority says digital currencies such as bitcoin and ether are outside its purview. The FCA has released an updated version of the cryptocurrency guide, which explains its policy regarding the new asset class. In the document, bitcoin, ether and other similar digital currencies are equated to decentralized exchange tokens, so the […]

Facebook may officially announce its cryptocurrency before the end of June

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Facebook will officially announce the development of its own cryptocurrency project by the end of this month, as reported The Information. According to the publication, the company plans to distribute control over the processing of transactions between third-party organizations, which will act as connection nodes, ensuring decentralization. For the possibility of partial control of the network, […]

Hackers hacked Binance and stole $ 41 million in bitcoins

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Binance, one of the largest cryptocurrency exchanges, reports 7000 bitcoins hacked and stolen. On May 7, the marketplace discovered a serious security breach that allowed attackers to gain access to user APIs, two-factor authentication codes, and other data. The hackers followed a well-designed plan and waited a certain amount of time before withdrawing funds using […]

JPMorgan Chase will start testing its cryptocurrency by the end of 2019

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JPMorgan Chase, one of the largest US financial holdings, will conduct closed testing of JPM Coin in conjunction with corporate clients. Umar Farouk, head of the bank’s digital treasury and blockchain department, said that tests of the digital currency should begin before the end of the year. JPMorgan expects stablecoin to help accelerate corporate payments, […]