Report: Swiss Financial Watchdog Recommends Banks Set Crypto Risk Coverage at 800%

The Swiss financial watchdog FINMA has reportedly advised the country’s financial institutions to set crypto asset risk coverage at 800 percent of their value. The Swiss Financial Market Supervisory Authority FINMA has advised banks and other financial institutions to estimate risk coverage for cryptocurrencies at 800 percent of current market value, Cointelegraph auf Deutsch reports […]

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Deloitte Partners with Startup For Gov’t-Level Blockchain Identity Management

Audit and consulting firm Deloitte and Attest Inc. will develop a blockchain-based digital identity solution to assist its government clients. “Big Four” accounting firm Deloitte has partnered with identity management company Attest Inc. to develop a blockchain-based digital identity system, according to a press release published Nov. 5. Chicago-based Attest is an identity management company […]

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Fake Elon Musk Accounts on Twitter Promote Bitcoin Scams, One Collects $170K

Scammers comprised several Twitter accounts today to masquerade as Tesla CEO Elon Musk and promote fraudulent Bitcoin scams. Several verified Twitter accounts have been hacked to impersonate Elon Musk today, Nov. 5, with one reportedly collecting almost $170,000. After compromising verified accounts, scammers changed the profile name and picture in order to pose as the […]

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Japan: Cybersecurity Experts Claim to Have Made Progress in Tracking Zaif Exchange Hackers

Cybersecurity experts from a subsidiary of bank holding giant Mitsubishi UFJ say they have found potentially incriminating evidence against Zaif exchange hackers. Cybersecurity experts say they have found potentially incriminating evidence against the hackers of Japanese crypto exchange Zaif, according to an official statement today, Nov. 5. The experts are from Japan Digital Design Co. […]

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After ‘Negligible’ Mining-Related Sales, AMD Launches 8 New ‘Blockchain Compute Solutions’

U.S.-based semiconductor manufacturer AMD has produced eight new crypto mining rigs, marketed as “blockchain compute solutions.” AMD, a California-based semiconductor manufacturer, has evidently partnered with seven major tech companies to produce eight new cryptocurrency mining rigs, according to AMD’s official website as of today, Nov. 5. As per the list of newly-released miners on AMD’s […]

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Ex-Fed. Prosecutor Turned Crypto VC Katie Haun: Crypto Is in the ‘Dial-up Days’

Nobel-winning economist and notorious Bitcoin critic Paul Krugman debates ex-U.S. federal prosecutor and crypto bull Kathryn Haun. Former U.S. federal prosecutor and current cryptocurrency VC executive Kathryn Haun recently took part in a debate on crypto with Nobel-prize winning economist Paul Krugman, posted on YouTube by crypto venture capital firm Andreessen Horowitz (a16z) Nov. 2. […]

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