#NewsFridayDigiFinex 2020 Week 6

Get the latest crypto news of the week with #NewsFridayDigiFinex!

On this week:

Crypto Mining Botnet Found in Server Operated by U.S Department of Defense

[Photo: Unsplash]

Indian security researcher Nitesh Surana discovered a botnet inside a server of Amazon web services operated by the DOD while fixing a bug. He also discovered that the server was very prone to hackers, where one can easily install a permanent back door and take over the entire server. The server has apparently already been hacked before as there they were shocked to discover a mining malware operation installed.

[Source: ZDnet]

Twitter Adds #Bitcoin Emoji to Hashtag, All Thanks to Jack Dorsey!

[Photo: Unsplash]

All Twitter users can now use the new automatic Bitcoin emoji through the hashtag #bitcoin or #btc when talking about cryptocurrency! However as of now, the bitcoin hashtag does not work for the “$BTC” tag that is also popular among Twitter users.

[Source: Coindesk]

U.S Law Firms Hacked, Data Stolen. Hackers Demanded Bitcoin Ransom Worth 9.7M USD

[Photo: Unsplash]

Hacker group Maze hacked sensitive data from 5 US law firms and demanded 1000 BTC (approx. USD 9.7million) Bitcoins in total. They threatened to delete the stolen data and sell them if the sum was not delivered. According to cybersecurity firm Emsisoft, parts of the sensitive data stolen were already published over time as these law firms failed to pay in time. 

[Source: Cointelegraph]

Reggie Fowler, Former Football League Minnesota Vikings Businessman, Rejects Crypto Plea Deal

[Photo: Jeff Wheeler, Star Tribune]

Reggie Fowler, who ended his terms with an american football team in 2014, was allegedly charged with running a shadow bank. He was forced to surrender a plea deal of $371 million worth assets. He was said to have illegally opened accounts and processed millions of dollars through the U.S. financial system on behalf of cryptocurrency exchanges. 

[Source: Bloomberg]

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What Is NFT Real Estate and How Is It Changing the Real Estate Industry?

NFT real estate is virtual property you can purchase on a metaverse platform. 

There are many use cases for NFT real estate but it is most commonly used as a space to socialize, work, and game.

The value of NFT real estate can be affected by its utility, project, and demand. 

Thanks to blockchain technology, the tokenization of real-world assets (such as real estate) has made the industry’s processes more efficient, transparent, and secure.

Arbitrum Project Introduction

From 2020 to now, many public blockchains such BSC, Solana, Polkadot, and Avalanche raced to take over ETH’s users and market. Their advantages on low gas fee and quick transaction time made ETH eager to release effective Layer2 program to expand the capacity. Since Arbitrum was released, its ecosystem grew up rapidly and already owned many mature and popular featured projects on different race tracks.

Polkadot, the King of Cross-chain Explained

What is Polkadot? Polkadot is a heterogeneous blockchain founded by Gavin Wood, former CTO of Ethereum, is an impeccable blockchain project that is perfect in every sense. Its founder, Gavin Wood, is the author of the Ethereum White Paper and the person who knows the defects of Ethereum at heart. Polkadot was founded with the idea to solve Ethereum’s shortcomings and replace it as the “King of the Public Chain”. Read to find out more!

Fil Mooned Right Away After I Sold It. Am I One of the Weak Hands?

“Fil mooned right away after I sold it. I am the weakest hand in the crypto world.” said one of my friend who has been trading cryptocurrency for many years. He is a user during the public sale and bought FIL at the price of $2. After the FIL is unlocked, he sells coins wildly every day. But even so, he still hates the slow process of unlocking, so he directly sold all the publicly purchased Fil at the price of dozens of dollars.

What is EIP-1559? How will it affect Everyday Users? Will it Pump Up ETH Price?

What is EIP-1559? How will it affect Everyday Users? Will it Pump Up ETH Price? The EIP-1559 we will be talking about in this article is an example of Ethereum improvement proposal. This proposal was first put forward in November 2018 by Eric Conner, an ETH developer. It aims to reform the GAS fee bidding system of ETH, so to reduce the cost for users to transfer money on ETH.

DigiFinex Apollo IEO Project HGOLD Token Sale Announcement & Sponsoring Michael Madsen’s Imprint Ceremony in Hollywood

5 rounds of HollyGold Limited Token Sale came to an end smoothly last Friday, Nov 13rd, 2020. Not only was it a successful token sale, its’ results were indicating a positive growth in the project HollyGold. HollyGold has also sponsored Michael Madsen at his celebratory imprint ceremony in Hollywood recently.

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