An Australian minister has slammed the government for failing to prioritize ransomware amid increasing attacks. On Feb. 24, Tim Watts, Australia’s Shadow Assistant Minister for Cybersecurity, has published an article in the Financial Review on Feb. 24, criticizing the country’s government for its response to the 2019 “ransomware epidemic.” Watts states that Australia was not […]
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New Zealand’s tax authority has issued new proposals on taxation of crypto and is seeking public feedback on the issue. New Zealand’s tax authority has issued new proposals on the Goods and Services tax (GST)-related policy in regard to cryptocurrencies and is seeking public feedback on the issue. On Feb. 24, New Zealand’s Inland Revenue […]
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Partnerships, deanonymization and transaction pattern analysis: What else do international police use to detect crypto cybercriminals? 2019 demonstrated that cyber-attacks are getting more numerous in the cryptocurrency industry, while hardware remains vulnerable and high-profile data leaks are becoming more common. Even worse, the trend is a continuing one. Way back in June 2018, Kaspersky Lab […]
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Binance’s debit and credit card partner Simplex is now offering 15 more fiat currencies that are supported for purchasing Bitcoin, Ether and others. Binance has added 15 additional fiat currency options for Visa and Mastercard purchases on its platform. Since Feb. 14, the exchange’s partner Simplex can be used to buy crypto across many countries […]
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The general partnership is an almost forgotten business form. Could it be a suitable model for doing international commerce and startups? Adopted in England in 1890, general partnerships have become a near-forgotten practice in favor of other forms of doing business, but with the appearance of e-commerce, cryptocurrencies, tokenomics and global crowdsourcing, they may experience […]
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Payments behemoth Visa has acquired financial technology firm Plaid for $5.3 billion to better connect with fintech applications. Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13. Per the release, Plaid has developed a network that allows users to easily connect their financial accounts […]
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Crypto Santa has done his rounds for Christmas after checking his naughty and nice list. But which crypto players got coal this year, and which got presents? On Christmas Eve, Crypto Claus did his rounds after checking the list to see who was naughty and nice. But who got some lovely presents after making a […]
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There were 12 major cryptocurrency exchange hacks in 2019. In total, over $292 million and over 500,000 pieces of customer data were stolen. Twelve major cryptocurrency exchange hacks occurred in 2019. Of these, 11 hacks resulted in the theft of cryptocurrency while one only involved stolen customer data. In total, $292,665,886 worth of cryptocurrency and […]
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‘Shitcoin Wallet,’ an Ethereum wallet available as a Chrome Browser extension, is injecting malicious javascript to steal user’s data. An Ethereum (ETH) wallet known as “Shitcoin Wallet” is reportedly injecting malicious javascript code from open browser windows to steal data from its users. On Dec. 30, cybersecurity and anti-phishing expert Harry Denley warned about the […]
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Amid the constantly changing nature of crypto regulation, five countries had record-breaking success in processing digital assets in 2019. One of the impediments to the adoption of blockchain and crypto technologies in the world are the regulations governing their introduction into the world of business. The constantly changing nature of the legal framework and the […]
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