Recently Found Double Spending Vulnerability Is Not Tether’s Own, SlowMist Confirms

China-based cybersecurity firm SlowMist has confirmed that a recent double-spending vulnerability it found in Tether (USDT) is not inherent to the cryptocurrency itself. Instead, it is enabled by some crypto exchanges’ databases not strictly verifying the status of the “valid” parameter of incoming USDT transactions. SlowMist explained this in a comment to its own Tweet […]

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Ross Ulbricht Is Denied Prison Sentence Review by Supreme Court

The Supreme Court announced on June 28, 2018, that it will not reconsider the conviction or life sentence of Ross Ulbricht, the alleged mastermind behind the darknet site Silk Road. At press time, no reason has been provided for the Court’s decision. Ulbricht was first arrested in October 2013 at the Glen Park Branch Library […]

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Poland Bitcoin Community Files Complaint Against Bank Account ‘Denials’

Poland’s cryptocurrency industry lobby group the Polish Bitcoin Association (PBA) confirmed it has complained to regulators about banks’ denial of services to businesses June 27. Banks ‘Aim To Remove Virtual Currency’ In a statement sent to the Office of Competition and Consumer Protection (OCCP), the PBA cites financial institutions closing and denying bank accounts as […]

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Continued Success of Binance Sees First Crypto to Fiat Exchange in Uganda

Binance have announced their first cryptocurrency to fiat trading platform. It won’t be directly connected with their existing exchange platform, however. Instead, it’s being launched in the African nation of Uganda. Binance Uganda Launches with Promotions to Attract Users The new Ugandan wing of Binance will begin accepting registrations from today. However, trading itself is […]

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