Ant Financial Joins $10 Mln Series A, Partners With ZKP Blockchain Privacy Solutions Firm

Ant Financial has participated in a $10 million Series A round and partnered with QEDIT. Ant Financial, the financial affiliate of Chinese e-commerce giant Alibaba, has participated in a  $10 million Series A round for QEDIT, an Israeli blockchain privacy solutions firm that develops zero-knowledge proof (ZKP) technology. The news was reported by Israeli daily […]

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Tron Discloses Critical Vulnerability Which Could Have Crashed Its Blockchain

The Tron Foundation has disclosed a fixed critical vulnerability which could have rendered its blockchain unusable. The Tron Foundation disclosed a fixed critical vulnerability which could have crashed its blockchain on vulnerability disclosure platform HackerOne on May 2. The disclosure explains that with enough malicious requests, an attacker could have filled up all the available […]

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Coinbase Bans Personal Account of British Right-Wing Pundit Milo Yiannopoulos

U.S. major cryptocurrency exchange Coinbase has barred British right-wing pundit Milo Yiannopoulos from its platform. American major cryptocurrency exchange Coinbase has barred British right-wing pundit Milo Yiannopoulos from its platform, Yiannopoulos stated in a Gab post on May 3. Yiannopoulos is a well-known political commentator and public speaker, espousing controversial far-right views and describing himself […]

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Catch Me If You Can: Fighting Fraud With Blockchain

How blockchain could be used to tackle internal fraud. Fraud impacts organizations of all types and sizes across a wide range of industries and geographies. Consequences can be direct, through financial losses, or indirect, through fines and reputational fallout. In 2018, firms worldwide lost more than $7 billion to internal fraud schemes, according to a […]

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Swiss Exchange SIX Top Exec Reveals Plans to Launch Tokens on Blockchain-Powered Exchange

A top executive has revealed the company will look to issue its own digital tokens as part of its blockchain-powered digital exchange. A top executive at Switzerland‘s principal stock exchange, SIX Swiss Exchange, has revealed the company will look to issue its own digital tokens as part of its forthcoming blockchain-powered digital exchange. The development […]

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Malaysia’s Stock Exchange to Develop Blockchain PoC for Security Borrowing and Lending

Kuala Lumpur stock exchange Bursa Malaysia is working on a blockchain-enabled security borrowing and lending proof-of-concept. Kuala Lumpur-based Bursa Malaysia, the country’s stock exchange, is working on a blockchain-enabled security borrowing and lending proof-of-concept (PoC). English-language local media Bernama reported on the developments on May 6. Per the report, the initiative aims to develop greater […]

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Bitfinex’s Price for Bitcoin, $300 Higher than Market Rate, Excluded from CoinMarketCap

CoinMarketCap’s website explains that prices can be manually excluded from its bitcoin average if it “does not seem indicative of a free market price.” Market data resource CoinMarketCap (CMC) has excluded Bitfinex’s price for bitcoin (BTC) from its global average, its website showed on May 6. The embattled exchange’s BTC price was $5,986.60 at press time — almost […]

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