Crypto mining malware infects miners on 112,000 PCs
This cunning malware, which masquerades as legal desktop software, has infected thousands of computers across 11 countries, forcing people to unintentionally mine Monero (XMR). According to a recent study, crypto mining malware has been covertly infecting millions of machines worldwide since 2019 by disguising itself as trusted applications like Google Translate. The virus has been […]
IOG Funds $4.5M Blockchain Research Hub at Stanford University
IOG gave $500,000 to Stanford to help pay for research on scaling blockchains. Input Output Global (IOG), which is building the Cardano blockchain, has given $4.5 million to Stanford University to build a blockchain hub. This is the latest in a series of research hubs at universities around the world. IOG has opened research labs […]
Avalanche founder Dismisses Smear Campaign Allegation
Emin Gün Sirer, the founder of Avalanche, said that the claims, which caused the AVAX token to drop by about 11%, are “categorically false.” Emin Gün Sirer has said that recent claims that his company, Ava Labs, was involved in a campaign to smear competitors of Avalanche, the company’s $5 billion layer 1 blockchain, are […]
RedStone Set to Improve Connectivity Between Blockchains
With its new product suite, Redstone wants to make it easier and cheaper for blockchains and other data sources to work together. RedStone, a DeFi oracle platform, has raised almost $7 million to build a faster and cheaper cross-chain oracle for decentralized finance protocols. A press release from Monday said that Coinbase Ventures, Blockchain Capital, […]
Fireblocks Adds Support for Solana Blockchain’s DeFi, NFT, Gaming Apps
Fireblocks CEO Michael Shaulov said that the integration will also spread support for the WalletConnect2 protocol across the Solana ecosystem. The companies said on Tuesday that cryptocurrency custody company Fireblocks has started to help the Solana blockchain’s ecosystem of decentralized finance (DeFi) developers, non-fungible token (NFT) apps, and other Web3 activities. Even though crypto markets […]