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Korea’s Cube Systems Rolls Out New Blockchain eCommerce Platform

Blockchain research and development platform Cube System is rolling out its new Cube Chain based public blockchain mainnet, WAVE 1.0 today – July 3, 2019. Kim, Dong-oh, CEO of Cube System, said:  advertisement “Cube Chain is a blockchain platform. By focusing on ecommerce, Cube Chain can be applied to various industries and with our multiple security systems and

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Trend Micro Detects Major Uptick in New Strain of XMR Malware Targeting China-Based Systems

Cybersecurity firm Trend Micro has detected a major uptick in monero (XMR) cryptojacking malware targeting China-based systems this spring. The news was revealed in an official Trend Micro announcement on June 5.As previously reported, cryptojacking is an industry term for stealth crypto mining attacks that work by installing malware

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Russian State-Owned Holding Giant Proposes to Apply DLT in All Gov’t Data Systems

Russian state-owned holding conglomerate Rostec proposed a roadmap on applying blockchain in all the governmental data systems, local financial newspaper Kommersant reports on May 24.An institution under Rostec has reportedly developed a blockchain roadmap worth up to 85 billion rubles ($1.3 billion) that claims to provide an economic impact

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Yacht Owners Offered Crypto for Geo-Data as Company Tries to Improve Navigation Systems

A crypto company that bills itself as “the future of yachting navigation” says its technology enables sailors to mine tokens as they sail.BoatPilot offers a free marine navigation service that is geared toward private and commercial yachting markets. The firm describes itself as a blend of Google Maps and

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Research Warns ‘Familiar’ Monero Mining Malware Is Infecting Windows Systems

A new hacking tool is propagating throughout the online community in an attempt to install cryptocurrency mining malware, researchers at security intelligence firm Trend Micro confirmed in a blog post on Feb. 20.Detected at the end of January, the tool is a combination of extant threats which previously targeted Microsoft

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Bitcoin Unable to Solve Problems of Traditional Payment Systems

An official from Spain’s central bank, the Bank of Spain (BDE) believes that Bitcoin (BTC) is unable to resolve the problems faced by major payment systems. BDE’s Deputy General Director for financial innovations and market infrastructure, Carlos Colesa, gave his opinion on the leading cryptocurrency in a report published on

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Institute of Decentralized Economics Launches in UK to Study Blockchain Economic Systems

The Institute of Decentralized Economics (IDE) has opened in London, the United Kingdom on Feb. 14, according to a press release shared with Cointelegraph.The think tank, which is dedicated to the study of blockchain-based economic systems and their impact on existing institutions, is backed by fintech company Sweetbridge. It is

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