New Ethereum Proposal Aims to Supercharge Smart Contracts

New Ethereum Proposal Aims to Supercharge Smart Contracts Newly released research shows that top-layer networks, usually trumpeted as the future of bitcoin and ethereum scaling, might actually be capable of more than boosting blockchain transaction volume. The proposals, while relevant for any blockchain, however, are uniquely relevant for ethereum, the second-largest public blockchain. Touted as a ‘world…

Malta’s PM: The Rise of Cryptocurrencies ‘Cannot Be Stopped’

Malta’s PM: The Rise of Cryptocurrencies ‘Cannot Be Stopped’   European regulators should embrace cryptocurrencies like bitcoin, the prime minister of Malta argued in a speech yesterday. Speaking at the CEPS Ideas Lab in Brussels on 23rd February, Prime Minister Joseph Muscat argued that governments in the European Union should “double down” on the tech,…

Cybercriminals offer ‘customer support’ to help victims pay ransomware

Cybercriminals offer ‘customer support’ to help victims pay ransomware Dive Brief: Security vendor F-Secure released transcripts this week from the group chat used by the creators of the Spora ransomware family, showcasing enterprising cybercriminals help “customers” with issues related to Bitcoin, Computerworld reports.  The transcripts reveal how criminals offered “customer service” help to their victims, directing…

Venezuela’s Biggest Bitcoin Exchange Looks to Resume Operations After Bank Blockade

Venezuela’s Biggest Bitcoin Exchange Looks to Resume Operations After Bank Blockade SurBitcoin, a Venezuelan bitcoin exchange, announced that it expects to resume banking operations in a week after suspending activity on Feb. 3 when Banesco bank closed its account. The exchange advised customers to use LocalBitcoins after Banesco closed its bank account. SurBitcoin advised customers…