Ministry of Education (MOE), Malaysia has created a new consortium of universities to track blockchain technology to deal with the massive industry in fake certificates.

The Ministry of Education has published a press release regarding the new idea over the blockchain. A Twitter post says that six universities have introduced a blockchain-based system called e-Scroll for the issuance and verification of university degrees.

Even though Google has been cracking down on malicious cryptocurrency apps for years, it seems that another cryptocurrency app has been able to slip through the review process.
Once the malware is installed, it silently waits in the background for the opportunity to make its move. When the user opens an app like Binance, the malware creates an overlay that is placed on top of the legit app. As the user enters their credentials, the information is recorded and sent to the phishers.
The app has been removed from the Google Play store. Malwares like these are hard to spot as the app does work as advertised. Stefanko has said that users should check the rating and reliability of the app publisher and stick with apps that are verified to ensure security.

The cryptocurrency space has been a victim of various cryptocurrency hacking, cryptojacking, scams, and more. Recently Cybercriminals hacked StatCounter, one of the largest website traffic analytics platforms. The hackers transferred malicious code into more than 600,000 websites. The purpose was to gain access to Bitcoin held at the cryptocurrency exchange Gate.io.

Hackers had also tried to hide their tracks by using a various Bitcoin address for each new victim that falls prey to the malware. Users won’t see the change of address until it’s too late, as the malware is designed to trigger after the user clicks on the submit button to transfer funds.

Wissanu Krea-ngam, the Deputy Prime Minister of Thailand, has called for more regulations on cryptocurrencies.

Earlier this year Thailand introduced a regulatory framework for cryptocurrencies. Krea-ngam said that new measures must be introduced both domestically and internationally.

Krea-ngam was recently a part of the Counter-Terrorism Financing Summit. Meantime, he said that experts should not be satisfied with current security protocols so as not to shuffle behind criminals that would use digital currencies for funding terrorism or money laundering. Krea-ngam also added that the anonymous nature of some cryptocurrencies poses the security challenges.

Massive Floods in the Sichuan province of China have reportedly in extensive damage to a major cryptocurrency mining operation in the area. The news published on local blockchain and crypto information platform Golden Finance.

Ecns, the official English-language outlet of the China News Service (CNS), has published that Sichuan and four other provinces in China received heavy rainfall on 27 & 28 June resulting in floods.

Golden Finance asserted that a major digital currency mining operation in Sichuan had been massively affected, pointing to a loss of “tens of thousands” of mining devices. The miners seem “almost impossible” to repair, according to the site.

As press time it remains unclear what digital currencies were being mined on the devices and how they have been lost to the flood.

http://www.coindelite.com/news/heavy-flood-in-sichuan-china-has-destroyed-major-crypto-mining-operation/

In the last couple of months, more and more companies moved towards exploring blockchain technology. Presently, the report shows that South Korea’s state-owned telephone giant KT Corporation is starting its own blockchain-based commercial network. They have begun to create a blockchain system on top of the national telecommunication network. The expected benefits incorporate a more secure, and transparent network.

South Korea’s position towards cryptocurrencies and blockchain-based technologies has suddenly improved over the last months. The government is beginning to become more supportive of fintech projects is actively seeking regulations to create an innovation-friendly environment while maintaining the framework able to protect clients. These advancements, research endeavors showcase that Korea’s blockchain market is expected to increase by over 20 times before the end of 2022, from a value of $44 million this year to past $887 million four years from now.

McDonald announced on Sunday the unveiling of the MacCoin. The business world thought this to be the fast food giant’s venture into the world of cryptocurrency. It turns out that MacCoin is actually not an alternative to Bitcoin. Instead, it as a value coupon that can be redeemed for a free burger.

The token is being rolled out by the company at 14,000 restaurant locations that are spread across 50 countries. This coupon comes as a way to celebrate the 50th anniversary of the ever-popular Big Mac. McDonalds has announced that they will be issuing 5 designs for this coupon, one for each decade for the Big Mac’s existence.

Zuckerberg’s name is usually associated with Facebook and it’s subsidiaries. This time around, the Facebook founder’s sister is making headlines.

Randi Zuckerberg recently joined the advisory board at a major cryptocurrency exchange. The news came to light through a press release that announced that Huobi is assigning an expert advisory team for their exchange. The board also consists of Jihan Wu, the CEO of Bitmain, the crypto mining giant. Notably, Huobi is one of the largest cryptocurrency exchanges in the world.

Wu and Randi will focus on Huobi’s Public Chain system. In fact, the company has even organized a competition for the same. The project is geared towards providing individuals and organizations with a reliable financial protocol. This protocol includes fundraising, securities and more. Since this project is based on a decentralized P2P network, anyone can join and participate in the project.

Randi Zuckerberg is a Harvard graduate and has worked at Facebook for over six years. She has also founded Zuckerberg Media and is the Editor-in-Chief of Dot Complicated. She is also known for creating of Dot, an animated TV show. Among all her accolades, Randi has also been nominated for an Emmy and was among the “50 Digital Power Players” in a list by the Hollywood Reporter back in 2010.

Mark Zuckerberg, the founder, and CEO of Facebook has also expressed his interest in blockchain technology and cryptocurrencies. He had recently put up a Facebook post stating that he is looking to delve deep into the positive and negative aspects of cryptocurrencies. This would allow him to fix some prominent issues at Facebook.

West Bengal’s municipalities are launching an application on the blockchain. The Netherlands-based company named Lynked.world is developing the platform.

Durgapur and Bankura Municipal Corporation will use blockchain technology to handle administrative operations. These operations are used to make legal documents like birth certificates. It will also process requests and verify the legal identities.

Arun Kumar, CEO, Lynked.wolrd seemed to be excited about the partnership. He explained the reason for launching such platform. The new platform would help reducing time while verifying our legal documents.

The CEO revealed that the platform is ready to launch. Durgapur and Bankura Municipalities will issue birth certificates and other legal documents starting from September 2018. Over one million certificates are expected to be issued using blockchain by the end of the year.

On Tuesday the HM Land Registry announced that it is starting with the second phase of its ongoing blockchain research work. The announcement says that the agency is collaborating with blockchain company R3. The plan is to develop a platform which can store land registration information and streamline the process for buying and selling of properties. The new project will be built on R3’s Corda framework.

While speaking about the collaboration between governments and companies, recently Australian Government also partnered with IBM to create national blockchain. The Commonwealth Scientific and Industrial Research Organization (CSIRO) also published a report regarding the new initiative. The platform is called the Australian National Blockchain (ANB).

The first company which became a part of this collaboration was none other that Walmart. Walmart utilized this platform in 2016 to recall food that received customer complaints.

The technology has already been adopted by some of the biggest names in the food industry including the French retail giant Carrefour, cooperatives Topco Associates and Wakefern and also BeefChain, Dennick Fruit Source and Smithfield.

IBM’s original plan with the Food Trust network was focused on food safety. It has now encapsulated food wastage, efficiency, and analytics. This is done with the help of big data, automation and the Internet of Things (IoT).

It was recently revealed that hackers have found yet another way to mine cryptocurrencies. Reportedly, they are employing fake Adobe Flash updates to install cryptocurrency mining malware on networks and user’s computers. This results in severe losses, a significant drop in system performance and increased electricity bills for the affected users.

While Adobe Flash has long been a popular method for pushing malware onto computers. It used to be easy to identify. Hackers have since come up with innovations that allow them to silently download cryptocurrency miners on Windows computers.

The Australian government agency has planned to make the country’s IT operations more efficient. The agency has also called the blockchain ‘interesting’ and said that technology companies are over-hyping it.

Australia seems to become the blockchain hub. Because there are so many reports which prove that the government has taken blockchain as a way to make things better. Not only companies but various government agencies in Australia are also using blockchain technology for a different cause. Recently, Australia’s New South Wales (NSW) government announced that it is using the blockchain technology for a driving license scheme.

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A week ago, India was graced by the country’s first cryptocurrency ATM. This ATM was installed in Kempfort Mall, Bengaluru. Within the week, the Cyber Crime Police in the city registered a case against Unocoin and its founders for installing the ATM without any prior permission. The co-founder of the company, Harish BN was also arrested by the police.

Even though the Reserve Bank of India had banned banks and other financial outlets from dealing in cryptocurrencies, Unocoin went ahead and installed the ATM. Notably, RBI is the main regulatory financial body in India.

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A 23-year-old woman was arrested by the police over the theft of $450,000 in ripple, the cryptocurrency. This incident took place in New South Wales, Australia.

The victim reached out to the investigators saying that his account had been hacked the month before. He said that his account was inaccessible for a couple of days back in January.

When the man checked his account after re-gaining access, he found that his cryptocurrency account was also compromised, leaving almost zero balance in the account.

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Cryptojacking has become one of the major issues in the cryptocurrency space. Individuals, crypto exchanges, companies have been losing their funds due to these issues. Google has recently announced that it is going to protect Chrome users from Cryptojacking. The search engine has made stricter rules for Chrome extension developers. The move is taken to decrease the risk of crypto hacks and mining malware.

Google published a blog on Monday announcing its move towards protecting its users from Cryptojacking. The technology company has planned some changes to the way Chrome handles extensions that require extensive permissions. The search engine is tightening the rules for developers distributing extensions via the Chrome Web Store.

One of the Spanish hardware hackers has addressed the concern about Bitcoin’s hurdle and its adoption. According to the hacker, Bitcoin’s mass adoption as a payment system is due to its usability and instant micropayments. The hacker has built a vending machine that uses Bitcoin as a payment system using Lightning Network in order to dispense the drink.

This is an example of how the lightning network can be used into thousands of different services. It also acts as a demonstration of the open source nature of the blockchain technology. The slight existence of the blockchain technology helps make things possible.

http://coindelite.com/news/buy-coke-with-bitcoin-using-the-lightning-network/

Cryptocurrencies are rapidly being adopted across the globe. Even though several countries have enforced laws and regulations to discourage the use of cryptocurrencies, other countries have embraced it as the future of money. Yet, it has not stopped from people to invest and trade in crypto tokens.

Netcoins ATMs are offering purchase and trade in the following cryptocurrencies:

• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Ripple (XRP)
• Bitcoin Cash (BCH)
• Bitcoin Cash (BCH)
• EOS
• Stellar (XLM)

As cryptocurrency ATMs gain user support, there is also an increasing number of crypto-based debit cards in the market. In fact, Revolut released their Revolut Metal debit card in U.K last month. This card allows customers to carry out transactions in cryptocurrencies. Furthermore, users are being offered an additional 1 percent cash back in cryptocurrency or fiat money when purchases are conducted outside of Europe.

Thailand is going against the grain when it comes to embracing cryptocurrencies and blockchain technology. The country is on its way to launch the world’s first Central Bank Digital Currencies (CBDC). Thailand has legalized the use of major cryptocurrencies in the country.

Although multiple nations have shown a positive stance towards cryptocurrencies and blockchain technology, Thailand leads the pack when it comes to the acceptance of cryptocurrency.

Currencies such as Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, Ripple, and Stellar are legal for use and trading in Thailand. The country is also working to establish a regulatory process for upcoming ICOs.
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