Ars Technica: Get ready for a Facebook-sponsored cryptocurrency

Ars Technica: Get ready for a Facebook-sponsored cryptocurrency. “Facebook is preparing to launch a cryptocurrency, the The New York Times reports. The new cryptocurrency would be integrated with Facebook’s WhatsApp messaging platform, allowing ordinary WhatsApp users to send electronic cash to friends and family across international borders. The Times says it talked to five anonymous sources who have been briefed on the project.”

Navigating Bitcoin, Ethereum, XRP: How Google Is Quietly Making Blockchains Searchable (Forbes Africa)

Forbes Africa: Navigating Bitcoin, Ethereum, XRP: How Google Is Quietly Making Blockchains Searchable. “It’s a balmy 80 degrees on a mid-December day in Singapore, and something is puzzling Allen Day, a 41-year-old data scientist. Using the tools he has developed at Google, he can see a mysterious concerted usage of artificial intelligence on the blockchain for Ethereum. Ether is the world’s third-largest cryptocurrency (after bitcoin and XRP), and it still sports a market cap of some $11 billion despite losing 83% of its value in 2018. Peering into its blockchain—the distributed database of transactions underpinning the cryptocurrency—Day detects a ‘whole bunch’ of ‘autonomous agents’ moving funds around ‘in an automated fashion.'”

Ars Technica: Google Play caught hosting an app that steals users’ cryptocurrency

Ars Technica: Google Play caught hosting an app that steals users’ cryptocurrency. “The malware, which masqueraded as a legitimate cryptocurrency app, worked by replacing wallet addresses copied into the Android clipboard with one belonging to attackers, a researcher with Eset said in a blog post. As a result, people who intended to use the app to transfer digital coins into a wallet of their choosing would instead deposit the funds into a wallet belonging to the attackers.”

Cointelegraph: Researchers Find Thousands of Crypto Pump-and-Dump Groups on Messaging Apps

Cointelegraph: Researchers Find Thousands of Crypto Pump-and-Dump Groups on Messaging Apps. “There are thousands of pump-and-dump groups on popular messaging apps, a study conducted by the Social Science Research Network (SSRN) revealed Dec. 18. Pump-and-dump is the fraudulent practice of perpetrators encouraging unwitting investors to buy an asset to inflate its price artificially, and then selling it when the price gets high enough.”

Ars Technica: Widely used open source software contained bitcoin-stealing backdoor

Ars Technica: Widely used open source software contained bitcoin-stealing backdoor. “A hacker or hackers sneaked a backdoor into a widely used open source code library with the aim of surreptitiously stealing funds stored in bitcoin wallets, software developers said Monday. The malicious code was inserted in two stages into event-stream, a code library with 2 million downloads that’s used by Fortune 500 companies and small startups alike.”