πŸš€ The Largest Travel Firm have to pay 400+ BTC for Ransom

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πŸš€ The Largest Travel Firm have to pay 400+ BTC for Ransom

Also, have a great week ahead!

Hello Geckos!

How was your weekend?

Are you a Joe Rogan fan? Even if you're not, close to 10 Million people are indeed his fans.

In a recent episode of his, Rogan straight up encouraged his followers to "check out" Bitcoin in a sponsored ad about Cash App. While we never know if Cash App actually paid him to mention bitcoin in the ad, Rogan has in the past discussed bitcoin in his podcast. A few of his episode even features Bitcoin proponent such as Andreas Antonopoulous, who then proceeded to blow Rogan's mind in a very Joe Rogan way.

Also, DeFi has yet again hit another milestone. After hitting $1 billion USD in DEX volume during March and $2 Billion USD in June, it took less than a month for it to hit $3 billion and then 4 billion today.

(Editor: "Bubble"? or is the DeFi mean machine just getting started?)

Hope today's CoinGecko Newsletter start your crypto day off the right way!

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Crypto.com's MCO is undergoing swap to CRO till 2 Nov, 2020


Crypto.com is encouraging MCO holders to swap to CRO.


Crypto.com ecosystem will use one streamlined token (CRO) with the combined functionality, rather than two separate tokens.


All functions currently attributed to MCO will still exist and will be preserved, but will be enhanced and represented by CRO.


Crypto.com Blog

Coinbase Explores New Assets to be added to the exchange


Coinbase has announced that it is exploring the addition of 19 assets for listing.


The assets being explored includes Ampleforth, Band Protocol (BAND), Balancer (BAL), Blockstack (STX), Curve (yCurve), Fetch.ai (FET), Flexacoin (FXC), Helium (HNT) , Hedera Hashgraph (HBAR), Kava (KAVA), Melon (MLN), Ocean Protocol (OCEAN) , Paxos Gold (PAXG), Reserve Rights (RSR), tBTC (TBTC), The Graph, THETA (THETA), UMA (UMA), and Wrapped Bitcoin (WBTC).


While the aforementioned digital assets are being reviewed by Coinbase, this doesn't necessarily mean they'll be listed. 


DailyHodl

Ethereum Classic suffers Chain Reorganization


Ethereum Classic (ETC) suffered a 3,693-block chain reorganization which was initially thought to be a possible 51% attack.


However, it turns out that it was likely caused by rogue miner - having been cut off from the blockchain, joining back the network.


The reorganization caused all state-pruned nodes to stop syncing, and lasted for roughly 15.4 hours.

(Editor: This incident has undoubtedly caused tarnish on ETC, what's worse is that this is not caused by malice but negligence.)


CoinDesk

Travel Management Firm CWT, Pays 414 Bitcoin Ransom


CWT, one of the largest travel firm, has paid anonymous hackers 414 bitcoin (BTC) in ransom.


Using a ransomware technology called Ragnar, the hackers managed to encrypt some two terabytes of files, leaving them inaccessible to employees.


Originally demanding $10 million in bitcoin as ransom, CWT managed to bring the figure down to $4.5 million, citing the pandemic as reason to not have cash on hand.


Decrypt

Hashrate


Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time. It is used as a speed reference hash.


Learn about other Crypto terms here

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