Home Crypto Weekly Roundup Weekly Roundup – July 10-16

Weekly Roundup – July 10-16

The bubble in the cryptocurrency market seems to finally be deflating. Last week, Ether and Bitcoin hit their lowest prices since May, according to data from coinmarketcap.com. Although the market showed significant growth on Wednesday, every other day of the week saw significant falls in market values. The total market capitalization of all cryptocurrencies is now around $60 billion, approximately half of what it was.

Swissquote, a Swiss bank, is allowing its customers to trade Bitcoin on its online banking platform, apparently becoming the first bank in the world to offer this service.

The popular password manager 1Password, received widespread criticism last week after it became clear that the software was pushing users’ data to their cloud, away from local storage.

In the corruption trial of Pakistani Prime Minister Nawaz Sharif, forged documents were revealed as forgeries, because they used a font released in 2007, while they claimed to be from 2006.

Wikileaks continue to release information from the Vault7 materials on CIA hacking. The latest releases detail HighRise, a piece of CIA malware targeting Android devices.

The U.S. government is moving away from cybersecurity services provided by Kaspersky, amidst fears of influence from Russian intelligence.

The Bangkok Post reported on July 12 that Alexander Cazes had been found dead in his cell after hanging himself. Mr Cazes was suspected of being the founder of Alphabay, until recently the darknet market, now apparently shut down by authorities.

Naked Security reported last week on Russian malware designed to hack the secure messaging app Telegram using SQL injection techniques.

Pornhub, the world’s biggest porn site, now requires Russian users to log in using social media accounts verified by their government, Vice reports. Pornhub hilariously offered Russian officials free premium accounts in return for lifting the restrictions.

The Australian government is moving against strong encryption. In response to objections from experts, Prime Minister Malcolm Turnbull declared that the laws of mathematics do not apply in Australia.

Golem, a project to build a distributed cloud computer, allowing users to share GPU power announced the release of their Alpha2 0.7 software.

Sia, which does for storage what Golem does for processing, announced that they have received a $400,000 grant from the Chinese fund INBlockchain.

Storj, a competitor to announced on July 12 that James Prestwich was leaving, after Gordon Hall quit six days earlier.

Diaspora, the open-source, privacy-focused social network released version on July 12.

Decentraland, an open-source virtual world (think Second Life with VR) with a cryptocurrency-based economy, released their whitepaper on July 12, and announced a bounty program on July 13.

A malicious fake version of TOR browser is redirecting gullible users to a fake darkweb market to scam them of their Bitcoin.

Picture from Pixabay.

The above is to be considered opinion and not investment advice in any way, as an unbiased media, no one interferes with the Editorial content of CryptoInsider.com, writers have freedom to choose their own direction, members of Crypto Insider do not participate in trades based on content.

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