Six crypto exchanges have been hacked so far in 2019. How can cyber attacks be avoided and addressed in the future? Throughout the past six months, seven crypto exchanges have reportedly seen large-scale hacking attacks to the tune of tens of millions of dollars, with the most recent platform to suffer a security breach being […]
Continue Reading
Korean banks push for blockchain adoption as former high-level officials join the space. In recent weeks, major South Korean financial institutions have rolled out a number of services incorporating blockchain technology, especially in the areas of Know Your Customer (KYC) procedures and security. Fintech has become a buzzword for local banks trying to keep up […]
Continue Reading
Google Cloud has integrated Chainlink’s oracle middleware with its BigQuery enterprise cloud data warehouse. The Google Cloud team has integrated Chainlink’s oracle middleware with its BigQuery enterprise cloud data warehouse, allowing for an on-chain and cloud-based interaction with Ethereum decentralized applications and smart contracts. The news was revealed in a development report published on June […]
Continue Reading
The half a million traditional traders that use the Reuters and Bloomberg financial terminals will now have access to the index. The half a million traditional traders that use the Reuters and Bloomberg financial terminals will now have access to an index for the 100 strongest-performing cryptocurrencies and tokens. The terminals’ support of the “CIX100” […]
Continue Reading
Analysis company Coin Metrics acquired crypto index firm Bletchley Indexes and plans to launch cryptocurrency smart beta indexes. Cryptocurrency analytics company Coin Metrics announced that it has acquired digital asset index firm Bletchley Indexes and plans to launch crypto smart beta indexes. The announcement was made in a blog post published on June 7. Per […]
Continue Reading
Virtually all of the top cryptocurrencies are today seeing deep red in a market-wide correction. Tuesday, June 4 — virtually all of the top cryptocurrencies are today seeing deep red in a market-wide correction, with bitcoin (BTC) dropping back below the $8,000 price point, as Coin360 data shows. Market visualization courtesy of Coin360 Having bullishly […]
Continue Reading
Chainalysis claims that 64% of ransomware attack cash-out strategies involve the laundering of funds via crypto exchanges. United States-based blockchain intelligence firm Chainalysis claims that 64% of ransomware attack cash-out strategies involve the laundering of funds via cryptocurrency exchanges. The data was revealed in a Chainalysis webinar attended by Cointelegraph on May 30. A ransomware […]
Continue Reading
The head of innovation at Big Four audit firm Ernst & Young argued that blockchain disruptors should “go back to first principles.” 83% of decentralized applications (DApps) on the Ethereum network are “not in the most productive uses,” according to Ernst & Young’s (EY) head of innovation. Paul Brody, Global Innovation Leader for blockchain at […]
Continue Reading
Former Goldman Sachs exec Breanne Madigan to lead Global Institutional Markets at Ripple after serving at Blockchain.com for 14 months. Former Goldman Sachs exec Breanne Madigan has left her position at crypto wallet provider Blockchain.com to join Ripple, crypto media outlet The Block reported on May 28. Madigan, a Wall Street veteran with about 14 […]
Continue Reading
Global cloud computing firm Salesforce has announced the release of its blockchain-based platform Major United States-based cloud software firm Salesforce, has introduced its own blockchain platform, the firm said in a live stream on May 29. The new product, Salesforce Blockchain, is based on the firm’s own application builder Salesforce Lightning and open source blockchain […]
Continue Reading