Electric Coin Company (ECC) plans to recycle the ZCash protocol. After modification, it will be able to process thousands and even millions of transactions per second. Also, the modification will help increase privacy.
While the Binance Exchange is preparing to launch a new margin trading function for mass users, for the first time, it was forced to liquidate the marginal position. “Today we had the first liquidation of the marginal position. And you know what? It was a bitcoin shortstop, ”wrote Binance CEO Changpen Zhao on his twitter account.
In a new report, the Bank for International Settlements (BIS) warns that the Libra cryptocurrency from Facebook could pose a real danger to banks. Libra threatens financial stability, data protection, and competition rules, the document says.
After the announcement of the Libra currency from Facebook among users, interest in confidential cryptocurrencies increased. Therefore, over the past 24 hours, the Beam rate has risen sharply by 55%, and over the past week the coin has risen by 160%.
The Maltese government is going to introduce a new lease law, according to which lease agreements can be registered on the blockchain. It is assumed that in this way it is possible to protect contracts from hacking.
In Israel, police detained two brothers who are suspected of hacking into Bitfinex and in several phishing attacks. According to authorities, the men kidnapped several tens of millions of dollars. According to the police, the brothers are also related to a major attack on Bitfinex in 2016.
New attacks of the extortioner virus Troldesh were noticed. Now he has learned to mine cryptocurrency. Malefactors send letters with a virus on behalf of large Russian firms, including from airlines and mass media.
The rise of Bitcoin has provoked the appearance on Twitter of fake accounts of Ilona Mask and other celebrities. Fraudsters offer users to participate in the draw of cryptocurrency, but this requires a "down payment" in the amount of 0.05 BTC or 0.05 ETH.