Malware exploits weak passwords in PostgreSQL for cryptojacking

Up to 800,000 internet-connected databases could be vulnerable to crypto-mining malware that will use their computing capacity.

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Jack Dorseys Block sees Bitcoin revenue grow 9% to $2.6B

Blocks Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period.

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Will Bitcoin Eventually Replace The US Dollar? Yes, Tech Billionaire Jack Dorsey Says

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dYdX Domain Faces Repeated DNS Hijacking Incidents

dYdX's domain suffered multiple DNS hijacking attacks due to vulnerabilities in Squarespace's OAuth and account recovery protocols, highlighting broader security concerns. (Read More)

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SEC vs. Binance: Court rules BNB sales, cryptocurrencies not securities

In a major win for the crypto industry, a federal court ruled that cryptocurrency tokens themselves are not securities.

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Jack Dorseys Block to shutter UK operations for Cash App

The app, one of the products of payments firm Block, has been operating in the United Kingdom since 2018.

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Cash App to shut down in the UK, citing focus on US market

Cash App, a popular mobile payment platform, will cease operations in the United Kingdom by September 15. Block, the fintech company behind Cash App, announced the closure on Thursday. The decision to withdraw from the UK market comes as part of Block’s strategy to prioritize its focus on the United States and deprioritize global expansion.

The post Cash App to shut down in the UK, citing focus on US market appeared first on Crypto Briefing.

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Compound Finance site potentially breached ZachXBT

Crypto investigator ZachXBT has warned users to avoid the Compound Finance website, which appears to have been hijacked and may be redirecting visitors to a phishing site.

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Court allows most SEC claims to proceed in Binance suit

Judge Amy Berman Jackson, however, dismissed the SECs claim that BNB is traded illegally on secondary markets, citing the Ripple decision.

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Bitcoin Lightning App Strike Expands to UK with Global Transfers

Bitcoin lightning payments app Strike expanded into the UK, enabling residents to easily buy, sell, and transfer Bitcoin globally.

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Rapper 50 Cent claims X account was hacked to promote celeb memecoin

Rapper 50 Cent informed his 32.8 million Instagram followers that hackers used his X account to carry out a multimillion-dollar memecoin rug pull.

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Jack Dorseys Block to raise $1.5B in senior notes offering

Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.

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Jack Dorsey parts ways with Bluesky, leaves board of directors

As Jack Dorsey bids farewell to Blueskys board, the social network seeks new leadership aligned with its vision of user-driven experience.

The post Jack Dorsey parts ways with Bluesky, leaves board of directors appeared first on Crypto Briefing.

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Heres Why Jack Dorseys Block Will Invest 10% of Bitcoin Profits Into BTC Monthly

Dorsey explained that Bitcoin is the best and only candidate for a decentralized open protocol for transactions on the internet.

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Jack Dorsey-backed Bitcoin mining pool opens headquarters in El Salvador

Launched in late 2024, Ocean Mining has now established an international hub and headquarters in El Salvadors capital city, San Salvador.

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Blocks Bitcoin Integration Blueprint Revealed

Block, formerly known as Square, has embarked on an ambitious initiative to further integrate Bitcoin into its ecosystem, reinforcing its commitment to cryptocurrency and blockchain innovation. This strategic move is outlined in their recently released Bitcoin Blueprint, which details the company’s vision and efforts to leverage BTC to enhance financial systems globally. The blueprint showcases […]

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Former Consensys employee launches new stablecoin amid regulatory uncertainty

Former Consensys employee Jack Jia, co-founder of Stable.com, launches new stablecoin USD3 amid regulatory uncertainty and shifting stablecoin narratives.

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Jack Dorsey Backs Radical Bitcoin Overhaul: Why Your Satoshis Could Soon Become Bitcoins

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Jack Dorseys Block Scandal: 100 Pages of Secrets Exposed

In a shocking revelation, Jack Dorsey’s Block is facing serious compliance issues after a disgruntled former employee submitted about 100 pages of documents revealing alleged yearslong lapses in the companys major divisions, Square and Cash App. The documents also outlined details on how the lack of vigilance led to processing thousands of transactions involving countries […]

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Jack Dorseys Block doubles down on Bitcoin, commits 10% of product profit to monthly BTC purchases

Jack Dorsey's Block will allocate 10% of its Bitcoin product profits to monthly BTC purchases as part of its commitment to the flagship crypto.

The post Jack Dorseys Block doubles down on Bitcoin, commits 10% of product profit to monthly BTC purchases appeared first on Crypto Briefing.

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