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2022-04-25 01:49:02 Cryptomining botnet targeting Docker on Linux systems

LemonDuck, a well-known cryptomining botnet, is targeting Docker on Linux systems to coin digital money, CloudStrike has reported.

The vendor's threat research team revealed in a blog written by Manoj Ahuje that the botnet is leveraging Docker APIs exposed to the internet to run malicious containers on Linux systems.

Ratan Tipirneni, president and CEO of Tigera, a provider of security and observability for containers, Kubernetes, and cloud, added that while Docker provides a high degree of programmability, flexibility, and automation it has an unintended side effect of increasing the attack surface.

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2022-04-25 00:34:22 The Use of Cryptos Will Rise by 70% In the US, 3.6 million people are forecasted to pay for goods with cryptocurrencies this year

According to the survey by Insider Intelligence that was reported in the Street, 10.7% of US crypto owners will use their cryptocurrencies for payments.

The use of crypto payments in 2022 is expected to increase by 70%. Approximately 3.6 million people are forecasted to pay for goods and services with their cryptocurrencies in the upcoming year.

Nazmul Islam, analyst at Insider Intelligence said: "It is easier now to invest in cryptocurrency than ever before. In 2021, cryptos became easier to purchase within apps consumers were already using, and while major financial institutions embraced crypto investments."Add hype surrounding meme stocks like Dogecoin to this easier accessibility, and you have a huge spike in ownership rates.

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2022-04-24 23:59:52 Proposed New York Bill Looks to Criminalize Crypto Rug Pulls and Scams

New York State Senator Kevin Thomas has proposed a bill that'll criminalize rug pulls and other fraudulent activities within the crypto space.

The proposed bill also seeks an amendment to establish crimes related to virtual token distribution, hidden interest in crypto, and private key misuse as crimes under the New York law.

The bill titled Senate Bill S8839 seeks to define, penalize, and criminalize fraud and target developers and projects created to dupe crypto investors.

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2022-04-24 22:36:03 Twitter to Begin Cryptocurrency Payouts for Creators. This Week's Top Bitcoin and Crypto News

Stripe to begin cryptocurrency payments, starting with Twitter.

Twitter will draw on Stripe's cryptocurrency payments feature by offering it as an option to creators who sell premium content to their followers, such as those who receive earnings from Twitter's paid Ticketed Spaces and Super Follows features.

Cryptocurrency mining operations are incredibly energy-intensive, so electricity is a big part of miners' overhead. Buying enough electricity to mine cryptocurrency is expensive, and crypto miners need uninterrupted access to power around the clock.

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2022-04-24 16:03:25 https://twitter.com/unoreinsure/status/1517997387142344705 Open / Comment

2022-04-24 15:29:45 Binance Helped Russia With Alexi Navalny’s Donation Data

Binance provided Russia donation data of Alexi Navalny.

It's kind of official that Binance, the largest global crypto exchange in the world has indeed helped Russia by giving them the donation track details and data of Alexi Navalny.

Binance has officially started out on their blog that all sorts of news around Binance aiding and handing out donation data of Alexi Navalny to Russian authorities.

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2022-04-24 14:44:57 Cryptocurrency creeps into real estate: Miami mansion to be sold as an NFT

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2022-04-23 12:46:54 Saudi Arabia considering the implementation of blockchain technologies in government systems as well as allowing the use of cryptocurrencies

The Kingdom is considering the implementation of blockchain technologies in government systems as well as allowing the use of cryptocurrencies.

The use of crypto in the Kingdom of Saudi Arabia is something that is strongly considered by a Saudi government official.

The kingdom has been discussing Web3 and Blockchain technologies for their use in government systems.

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2022-04-23 01:33:55 Binance agreed to share data with Russian government agency: report

Binance reportedly agreed to share user information with a Russian agency that collects and analyzes information about financial transactions as the crypto exchange seeks to enjoy better relations with governments around the world.

Kostarev subsequently agreed to share client data and set up a local unit in Russia through which authorities can request access to data such as names and addresses to help them fight crime.

"Should we consider establishing a local entity in Russia in the future, Binance will never share data without a legitimate law enforcement request.," said Binance.

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2022-04-22 22:49:54 Ukraine Bans Bitcoin Purchases With National Currency Amid Martial Law

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