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Decentralized Communication Startup New Vector Raises $8.5M

London-based decentralized communication startup New Vector has raised $8.5 million to drive adoption for Matrix, a major alternative messaging protocol.Slack rival Riot.IMThe Matrix protocol, which enables secure communication via end-to-end encrypted messaging applications such as Riot.IM, an alternative to WhatsApp, Telegram or Slack, will continue scaling and growing its

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Facebook Retains Lobbying Firm FS Vector to Promote the Libra Crypto Project

Facebook has hired the Washington-based public policy and business strategy advisory firm FS Vector that specializes in the fintech, cryptocurrency, blockchain and financial services markets to support it on issues related to crypto policy.The firm was hired by the social media giant amid regulatory pushback from U.S. lawmakers over the

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Ethereum (ETH) Founder Vitalik Buterin Denies Attack Vector

Ethereum (ETH)–Co-founder of Ethereum and cryptocurrency figurehead Vitalik Buterin has denied rumors that a proposed feature in the upcoming Constantinople hard fork will allow for an attack vector on the ETH currency. Buterin, speaking in an Ethereum core developer call held on Feb. 15 dismissed allegations and industry chatter that a

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Vitalik Buterin Dismisses Rumors New Constantinople Feature Allows Attack Vector

Ethereum (ETH) co-founder Vitalik Buterin and other core devs have dismissed allegations that a new smart contract creation feature set to be released in the forthcoming Constantinople hard fork will have negative security implications. The discussion was held during a Ethereum core developer call on Feb. 15.The feature in question

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Cryptojacking Increasingly Popular Attack Vector for Botnets

A new bulletin from Russian internet security company Kaspersky Labs published Nov. 28 states that crypto mining malware became increasingly popular among botnets in 2018.Stealth crypto mining attacks – also know as cryptojacking – work by installing malware that uses a computer’s processing power to mine for cryptocurrencies without the

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Cryptojacking Dethrones Ransomware as the Most Prevalent Cyber Attack Vector

Cryptojacking Dethrones Ransomware as the Most Prevalent Cyber Attack Vector October 13, 2018 by Akshay Makadiya A new threat report by American cybersecurity firm Webroot indicates that cryptojacking was a more prevalent form of cyber attack than ransomware in the first half of 2018. As an effort to combat cryptojacking, researchers

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