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Facebook hires lobbying firm to help sweet talk cryptocurrency regulators

Facebook‘s “cryptocurrency” Libra is facing an ever growing mountain of regulatory challenges. It seems it needs a helping hand, as it’s hired a specialist firm to lobby Washington directly. According to registration documents filed earlier this week, Facebook will be represented by Washington, DC-based FS Vector LLC, a firm that specializes in regulatory compliance and public policy. äàëüøå »

2019-8-27 14:31

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Cryptojacking malware found in 11 RubyGem language repositories

Malware designed to surreptitiously infect victims’ computer systems and mine cryptocurrency on behalf of hackers has been found in 11 code libraries on programming language manager RubyGems. Hackers exploited RubyGems – a package manager for the Ruby programming language that devs use to upload and distribute new versions of software – by downloading Ruby libraries, adding the malicious code, and re-uploading them under new names Decrypt reports. äàëüøå »

2019-8-22 10:20

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Vitalik Buterin: Using Ethereum is expensive, and its blockchain is ‘almost full’

Ethereum co-founder Vitalik Buterin has warned his blockchain is “almost full,” and says its lack of scalability persists as a bottleneck that’s keeping organizations from joining the network. In an interview with Canadian outlet The Star, Buterin also remarked that using Ethereum is already expensive, and that any entity that opts to use the network would only increase those costs. äàëüøå »

2019-8-19 14:58

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Software giant Oracle sues blockchain startup over similar name

Software giant Oracle is suing a blockchain venture capital startup for trademark infringement and “cybersquatting,” reports Computer Reseller News. Oracle, based in Redwood City, California, has alleged CryptoOracle LLC and its owner Louis Kerner purposefully sought to leverage Oracle‘s reputation as an “innovator and leader within the technology industry” when it selected its brand name. äàëüøå »

2019-8-16 14:53