Student May Have Tried to Hack West Virginia’s Blockchain Voting App

A University of Michigan student may have attempted to hack West Virginia’s blockchain voting app as part of a course on election security. The Federal Bureau of Investigation (FBI) is investigating whether a student at the University of Michigan attempted to hack the West Virginia’s voting app. “Not one single vote was changed”  On Oct. 5, according to CNN, the United States Attorney for the Southern District of West Virginia, Mike Stuart, wrote that the FBI is investigating the “unsuccessful attempted intrusion” by an outside party to gain access to…

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OmiseGo Joins Crypto Coalition Universal Protocol Alliance

OmiseGo, a finance-oriented scaling network for Ethereum, has become a member of Universal Protocol Alliance, a coalition of blockchain and cryptocurrency-focused firms. OmiseGo, a finance-oriented scaling network for Ethereum (ETH), has become a member of Universal Protocol Alliance, a coalition of blockchain and cryptocurrency-focused firms. Targeting financial services and tax collection In a press release shared with Cointelegraph on Oct. 8, the startup revealed that it will incorporate the Universal Protocol Platform UPT utility token into its payment processing technology. By doing so, OmiseGo intends to let stakeholders to use…

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Chainlink Blazing a Trail to All-Time High?

Chainlink (LINK) has been treading an uptrend toward its all-time high at $4.49. Will LINK lead the way for other altcoins to follow? Chainlink (LINK) has been on fire, blazing its own trail independent from the rest of the market. The digital asset appears to be in the beginning stages of a strong uptrend on the charts, backed by a devoted community and several significant news headlines this year.  Chainlink’s recent price action is notable because of its timing and independence from the rest of the crypto market. Sentiment around…

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Forbes Editor-in-Chief Believes Bitcoin Can Help Fight Authoritarian Govts

Chairman of Forbes Steve Forbes says that Bitcoin performs an important role in helping people in distressed situations around the world. Forbes chairman and editor-in-chief Steve Forbes has described Bitcoin (BTC) as a “high-tech cry for help” driven by a lack of trust in traditional currencies. Speaking to Ark Invest CEO Cathie Wood on her company’s podcast, he said Bitcoin’s challenge now is becoming a coin as trustworthy as gold — an assert that has earned its status the hard way over thousands of years. Although Forbes starts out by saying that Bitcoin prices…

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Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex

A common attack against Tether in the crypto ecosystem is that the stablecoin isn’t really backed one-to-one by the U.S. dollar. We might soon get to know if these concerns are substantial, as the matter is now going to court. A new lawsuit against the operators of USDT accuses them of creating the largest bubble in human history, and causing well over a trillion dollars in damages. Also Read: Banking Giant HSBC Set to Fire 10,000 More Employees Tether Accused of Fraud and Market Manipulation A class action lawsuit against…

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Veteran Crypto and Stocks Trader Shares 6 Ways to Invest and Get Rich

Do you want to be rich? This is the proper way to invest your money so it grows while you sleep. Two of the most frequent questions that I get from people in the crypto community are: what do you invest in and what are the best investing strategies? As a general rule, the best investment strategy focuses on maximizing gains while minimizing risk.  Historically, the best assets that fit this profile have been stocks, bonds, and real estate. A well balanced portfolio should have an allocation of all three,…

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Nearly $10 Billion in BTC Is Held in Wallets of 8 Crypto Exchanges

Cryptocurrency exchange wallets are the biggest HODLers with more than 1.2 million coins in them, worth close to $10 billion. 6.7% of the entire circulating supply of Bitcoin (BTC) is held on the wallets of eight major cryptocurrency exchanges, according to Twitter account The Token Analyst. “Exchanges are the biggest HODLers” On Oct. 8, the Token Analyst, a Twitter account that provides real-time and historical blockchain data, wrote that throughout Bitcoin’s history, the amount of the world’s most popular crypto coins on exchange wallets has consistently been increasing.   According to…

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Crypto Exchange Binance Launches Eighth Phase of its Lending Product

Cryptocurrency exchange Binance announces the eighth phase of its lending product. Cryptocurrency exchange Binance has announced the launch of the eighth phase of its lending product on Oct. 7. In this phase, Binance will start offering 14-day fixed-term lending products. The subscribers will be accepted on a first-come, first-served basis. The subscription period begins on Oct. 10 and ends on Nov.10, while interest will be paid immediately after the term matures. An annualized percentage yield of 10% The digital assets included in the program are Binance Coin (BNB), Bitcoin (BTC),…

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Why Bitcoin Is Better Than Banks: Major Credit Card Breach Exposes 60M Accounts

Sberbank, the largest bank in Russia with a regional and global presence, has suffered a major data breach. Personal information belonging to millions of clients is now being sold on the black market. Initial analyses suggest the trove of data for sale is real, highlighting the risks associated with traditional banking. Also read: Turkish Government Freezes Over 3 Million Bank Accounts Personal Information Put Up for Sale The leak at Sberbank, a leading financial services provider with offices in 21 countries including other CIS members, the U.S., U.K., Central and…

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Blockchain in Crypto Trading: How Do Decentralized Instruments Work?

Decentralized trading services can help users conduct an impartial analysis, hedge risks and even trade without any experience. In cryptocurrency trading, everything is based on price movements, with market participants’ success depending on their ability to predict and quickly respond to this dynamic environment. Forecasting, however, is not always that easy, especially when it comes to high volatility. Even experienced analysts disagree in their assessments  —  while some of them predict that Bitcoin (BTC) will hit $100,000 in a year and a half, others say that it may drop to $3,000 or lower.…

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