CEOs of leading banks testified before the U.S. House Financial Services Committee about how the industry has transformed since the 2008 financial crisis. Chief executive officers of leading banks testified before the United States House of Representatives Financial Services Committee on April 10 on how the banking industry has transformed since the 2008 financial crisis. […]
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The U.S. subsidiary of major European crypto exchange Bitstamp has been granted a virtual currency BitLicense. The United States subsidiary of major European crypto exchange Bitstamp has been granted a virtual currency license from New York state’s financial regulator, according to an official press release from the New York Department of Financial Services (NYDFS) on […]
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Smart cities promise new horizons, but there are privacy concerns. The promise is great for so-called smart cities, which will deploy a network of interactive sensors to achieve efficiency and innovation. The smart city vision includes driverless cars, renewable energy to aid a city’s power consumption, energy-efficient buildings, and communications systems that work with the location’s […]
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Bitcoin wallet Electrum faces another hack that involves fake software versions stealing users’ money. Bitcoin (BTC) wallet service Electrum is facing an ongoing Denial-of-Service (DoS) attack on its servers, the company reported on Twitter on April 7. According to tech news website The Next Web, the new attack has caused users to lose estimatedly millions […]
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The World Economic Forum released a report about blockchain cybersecurity. The World Economic Forum (WEF) released a report about blockchain cybersecurity on April 5. The report points out that most data breaches do not result from the level of skill of the hackers, but instead happen because appropriate security measures often are not implemented. The […]
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An overview of one of the most controversial figures in the crypto community. Recently, it was revealed that Craig Steven Wright, one of the most controversial figures in the crypto community, had filed 114 blockchain patents since 2017. He also quit Twitter, where he would often publish his opinions on anonymity (bad), Bitcoin SV (the […]
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Dr. Olumuyiwa Benard Aliu said that blockchain technology could offer tremendous benefits across global aviation systems. The president of the United Nation’s specialized agency for aviation has said that blockchain technology could offer tremendous benefits across aviation systems globally, industry news source AirTrafficManagement.net reported on April 4. The president, Dr. Olumuyiwa Benard Aliu, made his […]
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Nouriel Roubini has argued that if and when they are adopted, central bank digital currencies (CBDCs) won’t be on the blockchain. American economist and notorious crypto critic Nouriel Roubini has argued that if and when central bank digital currencies (CBDCs) are adopted, they won’t be based on blockchain. Roubini — otherwise known as “Dr. Doom” […]
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A recent report by the WEF states that at least 40 central banks around the world are currently or soon will be experimenting with central bank digital currencies. Dozens of central banks around the world are currently or soon will be experimenting with central bank digital currencies (CBDCs), according to a recent report from the […]
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WISeKey has acquired a 22% interest in American data infrastructure firm Tarmin through a multi-million USD transaction. Switzerland-based blockchain, Internet of Things (IoT) and cybersecurity firm WISeKey has acquired a 22 percent interest in American data infrastructure firm Tarmin through a multi-million USD transaction, exact amount unspecified. The news was revealed in an official announcement […]
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