Chrome Browser Extension Ethereum Wallet Injects Malicious JavaScript To Steal Data

An Ethereum (ETH) wallet known as “Shitcoin Wallet” is reportedly injecting malicious javascript code from open browser windows to steal data from its users. On Dec. 30, cybersecurity and anti-phishing expert Harry Denley warned about the potential breach in a tweet: – Source Twitter According to Denley’s tweet, Chrome browser crypto wallet software Shitcoin Wallet is targeting Binance, MyEtherWallet and other well-known websites containing users’ passwords and private keys to cryptocurrency. The Shitcoin Wallet Chrome extension – ExtensionID: ckkgmccefffnbbalkmbbgebbojjogffn – works by downloading a number of javascript files from a remote…

Op Ed: Three Bitcoin Trends That Left Their Mark on 2019

It has been an eventful year for bitcoin. Digital Assets Data, which records, collates and analyzes cryptocurrency and blockchain transaction, value and popularity information, has identified a few essential trends as 2019 comes to an end. Here are three bitcoin trends that we’ve been following this year. Bitcoin as Digital Gold To begin with, anyone interested in bitcoin has, at one time or another, had to explain it to someone entirely unfamiliar with cryptocurrencies and digital assets; many of these explanations relate bitcoin to gold. The familiar comparison isn’t a…

Tom Shaughnessy and Jordan Clifford on Layer 1 Wars, Token Economics and a Shift to Applications

Tom Shaughnessy is a co-founder of Delphi Digital as well as the host of the Chain Reaction podcast. Jordan Clifford is managing director of Scalar Capital. In this end of year interview for The Breakdown, Tom argues that the big story of 2019 was actually the fact that it was all about “quiet” building. When it comes to 2020, however, watch out for fireworks. Tom predicts we’ll see a major increase in the Layer 1 smart contract platform wars, as well as growth in the perceived importance of token economic…

Vexed Tech Entrepreneur Turns Bitcoin Hacker, Steals €1M+ from Ex-Colleagues

A French tech entrepreneur has been nabbed for allegedly stealing over 1 million euros in Bitcoin (BTC) from his former colleagues in what is purported to have been an “act of revenge.” On Dec. 22, the unnamed man was indicted by a judge in Paris on charges of theft, money laundering and fraudulently accessing data processing systems, local newspaper Le Parisien reported on Dec. 28. “Washing away the humiliation” The suspect’s motivation for the theft — his spoils totaling 182 Bitcoin (BTC), worth ~$1.3 million by press time — is…

In Race for 2030 Currency Supremacy, the Dollar Is Its Own Worst Enemy

The U.S. dollar’s century-long reign of the world economy faces a threat over the coming decade – as China’s renminbi strives to become its successor, as some prominent central bankers call for a more sustainable global monetary regime and as cryptocurrencies pose a radically alternative model.  But as the 2020s begin, the dollar looks as strong as ever in global capital markets. As of Dec. 30, an index of the U.S. dollar’s value is up 24 percent over the past decade, even as the Federal Reserve pumped more than $2…

Inside the Osaka Conference Where Crypto Got Serious About FATF’s ‘Travel Rule’

This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Leah Callon-Butler is the director of Emfarsis, a consulting firm focused on the role of technology in advancing economic development in Asia. There he was, belting out Fats Waller jazz vibes like it was nobody’s business: Roger Wilkins, the former president of the Financial Action Task Force (FATF).  We’d just completed a practice run for the next day’s V20 Summit, and while the rest…

Bitcoin 2020 — Blockchain’s New Year Resolutions

Most of us believe in the “New Year — New Me” rhetoric: I’m going to lose weight, quit smoking, eat healthy, stop being lazy, spend more time with family and whatnot. Yet, losing weight usually only turns into losing motivation instead. But then, it doesn’t really make sense to laugh at our absurdities, as we humans have plenty of them. Not when it comes to New Year’s resolutions, at least. I mean, we can mostly agree that it’s just a hefty to-do list for the first week of January. Now,…

XRP Price Lost 66% Against BTC in 2019 — Will the Pain End in 2020?

Bitcoin (BTC) price has seen a significant increase in 2019 (by more than 100%), while altcoins are actually down significantly from the beginning of the year.  Moreover, most altcoin/BTC pairs have been hitting new lows, and many of the coins are still trending downwards, looking for potential support. Crypto market daily performance. Source: Coin360 One of these coins is XRP (XRP), which has seen a decrease of 50% over the year, going from $0.39 to $0.195. Will 2020 be a similar year for XRP and altcoins, or can we see…

Ethereum Network Overcame Intentional Attack Affecting Parity Nodes

The Ethereum (ETH) network was apparently the target of a coordinated attack, according to several analysts. Following reports that some Parity Ethereum nodes lost sync with the network, on Dec. 31, core blockchain infrastructure company Parity Technology said it believed there was an attack underway and subsequently released network upgrades to protect against it.  According to cryptocurrency security consultant Sergio Demian Lerner, the attack was implemented in a simple way, wherein “you send to a Parity node a block with invalid transactions, but valid header (borrowed from another block). The…