HackBoss: Alleged hacking tool steals bitcoins: The authors of a cryptocurrency-stealing malware are distributing it over Telegram to aspiring cybercriminals under the guise of free malicious applications. Researchers have named the malware HackBoss and say that its operators likely stole more than $500,000 from wannabe hackers that fell for the trick. Although there is nothing sophisticated about HackBoss, the scheme proves to be effective as it tempts victims with the prospect of getting hacking tools, mostly for brute-forcing passwords for banking, dating, and social media accounts.
Bitcoin price falls to three-week low: Bitcoin nosedived to three-week lows early Sunday. The biggest cryptocurrency by market value dropped from roughly $60,000 to $52,148 in 15 minutes during the Asian session, liquidating almost $4 billion worth of positions in the derivatives market, according to Messari’s Ryan Watkins. While the exact reason for the sudden crash is unknown, the market mood may have soured due to rumors the US Treasury is planning to charge several financial institutions with money laundering using cryptocurrencies.
Coinbase shares can no longer be traded on German stock exchanges: The Deutsche Boerse Group has said it will delist Coinbase’s stock listing on its Xetra digital stock exchange as well as the Frankfurt Stock Exchange. According to Reuters, Deutsche Boerse said it would delist Coinbase Global from the two exchanges due to „missing reference data“ for the shares. The group said someone involved in listing the Coinbase shares used an incorrect Legal Entity Identifier, or LEI, code. The code is a regulatory requirement for any companies participating in financial transactions.
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Expansion: GameStop seems to want to participate in blockchain, crypto and NFTs fool.de
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Investment: Tremendous performance with blockchain power deraktionaer.de
Cryptocurrency for end users: Deutsche Telekom invests in the blockchain network Celo channelpartner.de
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Blockchain technologies are currently only used by three percent of medium-sized and family businesses.
PayPal’s crypto strategy: Venmo has added support for cryptocurrencies, making it possible for its more than 70 million customers to buy, sell and hold digital currencies for as little as $1. Crypto support on Venmo is being made possible by a strategic partnership between PayPal and Paxos Trust Company. PayPal is the first payment company to secure a first-of-its-kind conditional Bitlicense that allows it to enable the buying and selling of cryptocurrencies on the Venmo app.
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Stuttgart stock exchange has its own crypto app „Bison“: The Stuttgart stock exchange has launched its own cryptocurrency app called „Bison“. It’s an extremely profitable project that just two years after its development was able to generate 400,000 users and more than ten million euros in sales. Bitcoin, Litecoin and Ethereum can be traded. The mix of a new market (the crypto market) and a trustworthy brand (the Stuttgart Stock Exchange, founded in 1861) could be the decisive advantage for attracting new customers who want to try their hand at this segment.
„With our investment in Celo in combination with the infrastructure operated by T-Systems, we are pursuing a strategic approach for participation in the public blockchain network. We support the Celo network both financially and with our own cloud infrastructure.“
Adel Al-Saleh, Member of the Management Board of Deutsche Telekom AG and CEO of T-Systems on the reasons for the cooperation between Celo and Telekom.
Entrepreneur plans blockchain city in Nevada: A radical experiment is being considered in the US state of Nevada. It would allow new local governments to be formed on land owned by tech firms. Jeffrey Berns, the cryptocurrency millionaire who proposed the idea, is convinced of its revolutionary potential. The challenge now is changing the minds of sceptics who are not.