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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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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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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Bancor Begins Cross-Blockchain Token Trading Between Ethereum and EOS

BancorX DApp lets users convert between different blockchain tokens without an exchange or order matching. Decentralized liquidity network Bancor announced it had completed its partnership with EOS to provide cross-blockchain token swaps in a press release shared with Cointelegraph Nov. 5. Originally announced in September, Bancor has now expanded to the EOS blockchain, using its […]

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‘Creating DApps Can Be Simple’: Platform to Bring Decentralized Economy to Mass Adoption

sponsored A new project from Dubai, HetaChain, is developing a universal blockchain platform with “industrial scale computational capabilities.” The project is intended to make blockchain more easy-to-use and flexible for regular users and developers. HetaChain aims to help governmental services, businesses, and organizations create decentralized applications (DApps) and integrate them into different industries, such as […]

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