Cryptocurrency Is ‘a Big Deal’ But Needs Institutional Investment, Says KPMG Report

One of the world’s biggest auditors has put a newly bullish case for cryptocurrency’s ascent to a “full-fledged asset class.” Netherlands-based ‘Big Four’ auditor KPMG released a bullish report on cryptocurrency Nov. 15. The report argues that institutional investors must join the industry for it to “realize its potential.” The report, dubbed ‘Institutionalization of Cryptoassets,’ […]

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China’s IT Ministry Calls for ‘Acceleration’ of Blockchain Standardization

A document produced under the auspices of China’s IT Ministry has called on the country to “accelerate” the development of standards for the blockchain industry. A document published Nov. 12 on the official website of the Cyberspace Administration of China (CAC) calls on the country to “accelerate” the development of standards for the blockchain industry. […]

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Has a Platform Offering 40m TPS Found the Key to Blockchain’s Mainstream Adoption?

sponsored A blockchain network which can handle 40 million transactions per second is seeking to attract large enterprises – aiding mainstream adoption of the technology. A blockchain/DAG hybrid platform has unveiled bold plans to entice businesses to use its technology – and says its “unprecedented speed, scalability and security” has the potential to benefit enterprises […]

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Bitcoin Smart Contract Protocol Rootstock Acquired by Spin-off Project RIF Labs

Bitcoin smart contract protocol Rootstock will see new functionality added in development boost. Bitcoin-based smart contract protocol Rootstock (RSK) is integrating with spin-off project RIF OS to expand its scope of operations, the parties confirmed in two separate blog posts Nov. 18. As part of the deal, RIF Labs, the structure behind off-chain infrastructure layer […]

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SIM Swapping Becomes Increasingly Popular in California, Police Make It “High Priority”

Here is how crypto fraudsters’ new favorite scheme works. On November 7, a security news and investigation blog KrebsOnSecurity published an interview with REACT Task Force, a California-based law enforcement group dedicated to fighting cybercrime. As per the article, members of REACT consider “SIM swapping” one of its “highest priorities” in a bid to fight […]

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