Cryptopia Hack / Symbiot / Bitcoin Criticism at Davos / Ransomware

Subscribe | View in browser $BTC (2:01 p.m. EST): $3,602.56 (-0.26%) // 90-day high: $6,860.85 // 90-day low: $3,286.14 / / More… $BCH ABC (2:01 p.m. EST): $134.61 (3.74%) // 90-day high: $632.22// 90-day low: $80.95 // More… $ETH (2:02 p.m. EST): $118.26 (-0.77%) // 90-day high: $229.12 // 90-day low: $85.11 // More… $LTC (2:02 p.m. EST): $32.31 (1.36%) // 90-day high: $54.64 // 90-day low: $22.09 // More… $XRP (2:02 p.m. EST): $0.31 (-0.37%) // 90-day high: $0.53 // 90-day low: $0.28 // More… Here are the 10 most important stories about bitcoin and cryptocurrencies today       1. A new report suggests $16 million in cryptocurrency was taken from the Cryptopia exchange. Since the hack occurred last week, Cryptopia has been largely silent on the details. The data company Elemtnus, though, has provided a more comprehensive rundown. It belies the full amount was made up of ERC20 tokens, including ether, dentacoin, oyster pearl, and Lisk ML. –ETHEREUM WORLD NEWS       2. Symbiot, an enterprise blockchain startup, has closed a $20 million Series B funding round led by Nasdaq. As part of the investment, the Nasdaq Financial Framework, a company owned by the exchange, will integrate Symbiont's Assembly smart contracts platform in hopes of finding new ways to use tokens. Symbiot raised a combined $15.4 million between its seed round in 2014 and Series A round in 2017. Investors in this latest round include Galaxy Digital, Citi, Raptor Group, and others. –COINDESK       Ad Lower your electric bill using clean energy solutions Utility bills can get astronomical in the summer and winter — you can reduce those costs and your carbon footprint by signing up for Arcadia Power. Accessible to anyone who pays an electric bill, this service monitors the energy market for you, giving customized clean solution recommendations that'll help you save money and go green — and you can track it all using the ultra-transparent dashboard. 3. A number of leading economic minds criticized bitcoin and the cryptocurrency market at the 2019 World Economic Forum currently being held in Davos, Switzerland. Dan Schulman, the CEO of PayPal, said there are currently few retailers that accept bitcoin, making the idea of mass merchant adoption seem far away. Like many others, he said crypto is not a currency, but a store of value that lacks a practical application. While it makes sense Schulman would be critical of digital currency, Jeff Schumacher, founder of BCG Digital Ventures, said he believes bitcoin will one day hit zero. "It is not based on anything." –CCN       4. A strain of ransomware has targeted bitcoin mining rigs in China. Named hAnt, the ransomware first appeared in August, but a new wave of infections began hitting mining farms earlier this month. The majority of the rigs use Antminer Sg and Tg devices, but there have also been reports of hAnt infecting Antminer L3 rigs, which mine litecoin, as well. Once hAnt infects a rig, it immediately locks the device and prevents it from mining any new currency until a ransom is paid. –ZDNET       Ad Intelligence is creating stronger connections. Today's world generates 2.5 quintillion bytes of data every day. Sifting through that much available information is hard. Micron is helping analyze that data to create stronger connections between AI, organizations, and most importantly, people.​​ Learn More. 5. The former Soviet Republic of Georgia wants to position itself as a landing spot for cryptocurrency miners as it hopes blockchain will spur economic activity. –THE NEW YORK TIMES 6. Ripple has teamed up with a university in China to launch a blockchain research program. –COINDESK 7.  In case you are new here: A complete guide to bitcoin. –BLOCKONOMI 8. Ethereum's on-chain transaction volume reached a record high in December. –COIN TELEGRAPH 9. Blockchain.com, the popular crypto wallet, launched limited support for Bitcoin SV. –COIN TELEGRAPH 10. Kadena, a new company started by a group of JP Morgan alums, has released a new version of blockchain. –FORTUNE       Written and curated by David Stegon. He has been a reporter for 15 years, the past 10 focused on technology. Follow him @davidstegon. Editing team: Lon Harris (editor-in-chief at Inside.com, game-master at Screen Junkies), Krystle Vermes (Breaking news editor at Inside, B2B marketing news reporter, host of the "All Day Paranormal" podcast), and Susmita Baral (editor at Inside, recent bylines in NatGeo, Teen Vogue, and Quartz. Runs the biggest mac and cheese account on Instagram).       Ad Owl Labs is the creator of the Meeting Owl, the first 360-degree smart conference camera. Learn more.

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