Supersonic is a trustless zero-knowledge proof system that could help DeFi platforms, as third-party trust isn’t required to ensure privacy. In an interview with Cointelegraph at the Stanford Blockchain Conference on Feb. 19, Stanford University cryptography Ph.D. student Ben Fisch described Supersonic as a trustless zero-knowledge proof system, also referred to as a zk-SNARK. Fisch […]
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A federal judge has backed multiple claims against telecom giant AT&T for failing to secure the data of the victim of a $24 million cryptocurrency theft. On Feb. 24, a California federal judge ruled that cryptocurrency investor Michael Terpin can proceed with his lawsuit against telecom corporation AT&T over a $24 million SIM hacking incident. […]
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The Malta Financial Services Authority has industry released feedback on the definition of security tokens and the challenges such assets face in Maltese markets. The Malta Financial Services Authority (MFSA) has released feedback on the definition of security tokens and challenges such assets face in Maltese markets. In a paper published on Feb. 25, the […]
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Binance founder and CEO Changpeng Zhao told Cointelegraph why he thinks that Bitcoin SV founder and self-proclaimed Bitcoin creator Craig Wright is a fraud. In a recent tweet, Binance CEO Changpeng Zhao has made it clear that he thinks Craig Wright, the Bitcoin SV (BSV) founder and self-proclaimed Bitcoin (BTC) creator, is a fraud. Indeed, […]
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Recent price drops appear to reinforce Schiff’s skepticism as he claims that Bitcoin as a safe haven asset is nothing but “nonsense.” Bitcoin (BTC) naysayer Peter Schiff has taken the opportunity to pour scorn on cryptocurrency investors after fresh price losses this week. In a series of tweets beginning Feb. 25, Schiff, well known as […]
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Chinese authorities have postponed research on the digital yuan as the coronavirus continues to spread globally. Research on a central bank digital currency (CBDC) in China has been delayed as the coronavirus epidemic continues. Global Times reported on Feb. 25 that the epidemic’s impact on staff has resulted in significant setbacks. A source familiar with […]
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Moody’s ratings agency has said that the proposed blockchain-based KYC consortium in the United Arab Emirates is credit positive for the nation’s lenders. Moody’s Corporation has said that a new blockchain-based Know Your Customer (KYC) platform in the United Arab Emirates is credit positive for the nation’s lenders. According to a report by local media […]
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The UFC has partnered with CryptoKitties creator Dapper Labs to launch blockchain-based collectibles on the forthcoming Flow platform. Dapper Labs, the company behind CryptoKitties, has announced a partnership with leading mixed martial arts promotion Ultimate Fighting Championship (UFC). According to a press release on Feb. 25, the partnership will see the development of “a new […]
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A former employee at Microsoft has been found guilty of 18 federal felonies in connection with a complex scheme to embezzle $10 million using cryptocurrency. A former employee at Microsoft has been found guilty of 18 federal felonies in connection with a complex scheme to embezzle $10 million using cryptocurrency. The man — a 25-year […]
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An Australian minister has slammed the government for failing to prioritize ransomware amid increasing attacks. On Feb. 24, Tim Watts, Australia’s Shadow Assistant Minister for Cybersecurity, has published an article in the Financial Review on Feb. 24, criticizing the country’s government for its response to the 2019 “ransomware epidemic.” Watts states that Australia was not […]
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