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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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Monero Mining Strikes Again: Drupal Systems at Risk
On July 23, 2018, cybersecurity website Security Intelligence reported that several companies and software users remain susceptible to the infamous “Drupalgeddon virus,” despite Drupal Security Labs releasing a software patch in March 2018 to fight the vulnerability. дальше »
2018-7-25 06:00 | |
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Supposed laundering of cryptocurrency money has London police taking actions
Earlier this year, Europol officials arrested 11 individuals and identified 137 others allegedly involved in a large-scale network for laundering drug money with cryptocurrencies as a part of its Tulipan Blanca operation. дальше »
2018-7-24 11:36 | |
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G20: Cryptocurrencies are okay, blockchains are great, and money laundering is still a problem
G20 – an international economic consortium with 20 member states including China, France, Germany, Argentina, and Canada – has announced it believes cryptocurrencies pose no significant risk to global financial stability… but they could lead to a series of money laundering violations. дальше »
2018-7-23 19:57 | |
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Japan May Play Leading Role in G20’s Crypto Regulatory Stance
Despite gaining legitimacy in the eyes of many more individuals across the world, cryptocurrencies are still a contested topic within regulatory circles, especially with the regulatory bodies of developed countries. дальше »
2018-7-23 12:30 | |
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FSB Want To Monitor Crypto Risks
The Financial Stability Board (FSB), which is accountable for regulation of the G20, and the Committee on Payments and Market Infrastructure (CPMI) have collectively created a structure that assesses how risks from crypto markets could extend to other area of the financial system. дальше »
2018-7-18 13:00 | |
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Global Financial Watchdog May Restrict Bank Exposure to Crypto
The Financial Securities Board (FSB) has released its report covering crypto assets for the G20 and is considering lowering the exposure of banks to cryptocurrencies. This would be to increase transparency and reduce the risk of financial instability, even though the report said crypto assets do not pose a material threat. дальше »
2018-7-17 17:56 | |
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Firms That Mention Trade Secrets In SEC Filings Increase Risk Of Being Cyber-Attacked, Study Suggests
Firms that refer in annual reports to their trade secrets + markedly increase risk of cyber-attacks, study suggests “The threat is incredibly serious,” the FBI warns in a report this May on cyber-crime. дальше »
2018-7-17 14:28 | |
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Cryptos Pose ‘Insignificant Risk’ to Financial Markets: Bank of Korea
One week after the Financial Services Commission (FSC) of South Korea said that it is “not opposed” to digital currencies, a Bank of Korea report claimed that cryptocurrencies do not pose a significant risk to the country’s financial system. дальше »
2018-7-10 16:19 | |
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European Banking Regulator Reports on Institutional Opportunities and Risks of Enforcing DLT
The European Banking Authority (EBA) has published a report, which analyzes the opportunities and risks emerging for financial institutions in using distributed ledger technology (DLT). The report says that DLT and smart contracts provide a range of opportunities, the most promising of which are the potential efficiency gains, conservative management of costs, and lower risk дальше »
2018-7-5 04:15 | |
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Report Finds That URL Shorteners May Be Enabling Crypto Jacking
A new report has found that URL shorteners could be being used to enable malicious cryptocurrency mining. If you don’t know what a URL shortener is, then you’re probably not at risk of this, however just for clarity; a URL shortener is a website that allows you to shorten a URL, this is useful for social media and emails for example. дальше »
2018-7-4 15:30 | |
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U.K. Banks Warned to Be Careful With Cryptocurrencies
The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks. дальше »
2018-6-29 18:17 | |
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The Next South Korean Cryptocurrency Exchange Tangled In Security Drama
Is it me, or has ‘South Korea’ become a byword for ‘poor cryptocurrency exchange security’? It seems that of late, cryptocurrency exchanges in South Korea are surrounded by security issues that are seeing very large-scale hacks take place, hacks that have allowed for the theft of tens of millions of USD worth of crypto-assets. дальше »
2018-6-26 16:30 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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