Top 5 news of the blockchain industry

Do you want to know what is being discussed today in the blockchain industry? Then read our new selection!

In today’s selection 5 the most discussed news of the crypto and blockchain world. Don’t miss it!

China seeks to block access to 124 foreign crypto exchanges

Chinese regulators are moving to block more than 100 overseas crypto exchanges from offering trading services to domestic investors.

The China National Fintech Risk Rectification Office has so far identified 124 trading platforms with overseas IP addresses but that are still available in the country. The office now plans to step up its efforts in monitoring commercial use of cryptocurrency and to block internet access to these trading platforms.

Currently, internet access to several major exchanges such as Binance, OKEx, and Bitfinex appears to be unavailable in China.

Fake Ethereum App Scams Google Play Users

A copycat Ethereum application on Google Play came under scrutiny earlier this week–scamming users under the pretext of selling them 1 ether, without selling any actual ether. Several users were tricked into buying the non-existent token, according to Hard Fork.

Interestingly, the application was offered by a fake company called “Google Commerce,” which signifies the attackers took elaborate steps to cover their tracks and get the fraudulent app listed.

SEC rejects applications for 9 bitcoin ETFs

Nine applications to list and trade different Bitcoin ETFs were rejected by the SEC.

The regulatory agency rejected five proposed ETFs from Direxion, two from Proshares, and two from GraniteShares. The SEC cited concerns over fraud and manipulation as the main reasons for the rejection.

Kaspersky Lab: North Korea hacks cryptocurrency exchange with ‘first’ macOS malware

North Korean hackers have infected a cryptocurrency exchange with malware for both Windows and macOS for reportedly the first time.

The fact that they developed malware to infect macOS users in addition to Windows users and – most likely – even created an entirely fake software company and software product in order to be able to deliver this malware undetected by security solutions, means that they see potentially big profits in the whole operation.

Canadian government launches Ethereum block explorer

The National Research Council of Canada (NRC) has launched a blockchain explorer built on Ethereum. The organization said the blockchain explorer application, dubbed Catena, was developed by Bitaccess and will be hosted by its Industrial Research Assistance Program on the InterPlanetary File System (IPFS).

This makes the hosted data always accessible and immutable, as it’s not organized in one location, which could subject it to site failure or access issues. The explorer application is similar to a search engine, and it allows users to instantly “search the Ethereum blockchain” for “published grants and contribution data” stored on the network through Catena.

Using the IPFS function, users will be afforded a “peer-to-peer method of storing and sharing data” in a distributed method that makes them “unalterable” and preserved “far into the future” long after the original web host has gone offline.

Thank you for attention! Stay tuned.

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