CoinDesk: news on page 460

Botnet Infects Half a Million Servers to Mine Thousands of Monero

A cryptocurrency miner botnet has infected more than half a million machines, hijacking them to mine as much as $3.6 million worth of monero.

Former Iced Tea Maker Cancels Purchase of Bitcoin Mining Rigs

Long Blockchain announced Friday that it was no longer pursuing a purchase of 1,000 AntMiners.

Copycat Twitter Accounts Seek to Scam Crypto Users

A new type of scam sees Twitter users copying cryptocurrency developers and companies and asking the public to send "donations."

Chinese Retail Giant Joins Blockchain in Transport Alliance

The logistics arm of Chinese retail and internet giant has joined the Blockchain in Transport Alliance.

Mnuchin Calls for Crypto Regulatory Talk At G20 Summit

U.S. Treasury Secretary Steven Mnuchin has indicated he is planning to raise the subject of cryptocurrency regulation during an upcoming G20 summit.

Red Tide: Double-Digit Losses Sweep Crypto Asset Market

The cryptocurrency markets are a sea of red today, with all the top 10 cryptocurrencies by market cap reporting double-digit percentage losses for the last 24 hours (at press time). Bitcoin (BTC) has

Texas Takes Aim at Overseas ICO with Cease-and-Desist

The Texas State Securities Board has ordered a cease-and-desist to an overseas ICO that allegedly solicited investors within its jurisdiction.

Bitcoin Slides Towards $8K Amid Market Slump

Bitcoin could be heading for its worst weekly loss since April 2013, but the charts indicate a defense may be in the offing.

Philippines Investigates Crypto Firm over Use of Politician's Name

The Philippines' Department of Justice has ordered an investigation over the alleged misrepresentation of the senate president by a crypto firm.

Regulators Probe Coincheck's Hack Compensation Claims

Japan's Financial Services Agency is conducting an on-site inspection at Coincheck to see if it can afford to compensate victims of its recent hack.

January's Top Large Cap Crypto? Not Bitcoin or Ether...

Which coins saw big price gains in January? Data shows it wasn't a great month for the more name-brand assets.

EU Launches Blockchain Observatory With Ethereum Startup

The European Union initiative launched Thursday will fund up to $425 million in blockchain projects and draw on ConsenSys' expertise and connections.

Tezos Has a New Board, But What About the Money?

Tezos may be embroiled in a back-room brawl, but what does this mean for the funds raised at ICO? The answer to that question isn't so clear.

US Commodities Regulator Beefs Up Bitcoin Futures Review

The Commodity Futures Trading Commission has issued a new checklist as part of the "heightened review process" it's developing for virtual currencies.

Bee Token ICO Stung by $1 Million Phishing Scam

Due to a phishing scam, investors in the Bee Token ICO have actually sent nearly $1 million to malicious actors instead.

UPS Might Be Making a Locker That Accepts Bitcoin

A new patent application filed by UPS indicates that bitcoin could be used as a payment system.

Crypto Cleanup? Law Group to Focus on Tech Messes

Stephen Palley's team will work on mediating disputes and what people in the traditional finance world call "workouts" – fixing distressed situations.

SPECTRE Creators Propose 'PHANTOM' Blockchain Protocol

The researchers behind the SPECTRE project have developed another blockchain scaling solution called the PHANTOM protocol.

2-Month Low: Bitcoin Price Drops Below $9K

The price of bitcoin has fallen below $9,000 for the first time in two months, representing a decline of roughly 11% on the day.

India's Finance Minister Strikes Stern Tone on Cryptos in Budget Speech

During his annual budget speech, Indian finance minister Arun Jaitley confirmed his position that cryptocurrencies are not legal tender.