Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia

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Crypto means risk. To UK company Elliptic it also means business. The startup has just closed a $23M Series B to step up growth for a crypto risk-management play that involves selling tech and services to help others navigate the … Continued

The Great Hack: Netflix doc unpacks Cambridge Analytica, Trump, Brexit and democracys death

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It’s perhaps not for nothing that The Great Hack — the new Netflix documentary about the connections between Cambridge Analytica, the U.S. election and Brexit, out on July 23 — opens with a scene from Burning Man. There, Brittany Kaiser, … Continued

The G-7 Will Be a Seminar in Anger Management

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Welcome to Bloomberg Opinion Today, an afternoon roundup of our opinions on business, politics, markets, technology and more. New subscribers can weed. Alone again, naturally. Trump won’t be president forever (right?). And just as tantrums eventually pass, the inexorable, tectonic movement toward ever-freer … Continued

UK accuses Russia of 2017s NotPetya ransomware attacks

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The UK government has directly accused Russia of being behind the so called NotPetya ransomware attack last year — which quickly spread around the globe, including affecting businesses in Spain, France and India, demanding payment in Bitcoin to unlock infected machines. … Continued

Cryptojacking attack hits ~4,000 websites, including UKs data watchdog

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At first glance a CoinHive crypto miner being served by a website whose URL contains the string ‘ICO’ might not seem so strange. But when you know that ICO in this case stands for the UK’s Information Commissioner’s Office — … Continued

China Escalates Crackdown on Cryptocurrency Trading

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China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter. While authorities banned cryptocurrency exchanges last year, they’ve recently noted an uptick in activity on … Continued

Second-Tier Crypto Coins Are Starting to Catch Up to Bitcoin

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Bitcoin alternatives are closing the gap with the market leader after names like stellar and cardano became red hot as 2017 was closing. The biggest cryptocurrency’s share of market value has fallen to a record 36 percent from 56 percent … Continued