Speaking to mainstream media, insiders said a reinvented “PayPal Mafia” had started working at the firm’s blockchain division. Social networking giant Facebook is hiring PayPal staff ahead of its alleged cryptocurrency launch, Bloomberg reported on May 8. Facebook, which has courted rumors over its planned entry into blockchain and payments for around a year, could […]
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More on Facebook’s potential expansion into crypto. Facebook’s potential expansion into crypto has been widely discussed in the past few months. Although the social media giant has not confirmed anything beyond having a blockchain department, new details about its digital token project continue to surface. Most recently, the Wall Street Journal (WSJ) reported that Facebook […]
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Crypto regulatory experts debate state vs. federal-level regulation at MIT’s Business of Blockchain event. Three cryptocurrency experts expressed diverging views towards United States crypto regulation at a panel during the Massachusetts Institute of Technology’s (MIT) Business of Blockchain event on May 2. Wyoming Blockchain Coalition president Caitlin Long argued that digital assets are property and […]
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ICE was reportedly using the “crypto winter” to purchase crypto assets at a discount for its institutional cryptocurrency trading platform Bakkt. Intercontinental Exchange Inc (ICE) purportedly took advantage of the “crypto winter” to purchase crypto assets at a discount for its institutional cryptocurrency trading platform Bakkt, Reuters reported on May 2. ICE’s chief executive officer […]
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Five Canadian banks will employ a blockchain-based user identification system developed by tech startup SecureKey Technologies. Five Canadian banks will be employing a blockchain-based user identification system developed by tech startup SecureKey Technologies, Bloomberg reports on May 1. Per the report, the Verified.Me digital identity system is now available to clients of the Royal Bank […]
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Hardware crypto wallet producer Ledger has named its president, Pascal Gauthier, as its new CEO. French hardware crypto wallet producer Ledger has named its president, Pascal Gauthier, as the new chief executive officer of the company. The news was announced in a press release published on April 24. Gauthier — a seed investor and board […]
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Texas-based cybersecurity company Forcepoint has been awarded a blockchain-related patent. Documents published by the United States Patent and Trademark Office (USPTO) on April 16 reveal that Texas-based cybersecurity company Forcepoint has been awarded a blockchain-related patent. Forcepoint is owned by U.S. defense contractor Raytheon and private equity firm Vista Equity Partners, and Crunchbase estimates its […]
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Bitcoin continues to account for the lion’s share of crypto-denominated ransomware payments — 98% as compared with just 2% for privacy coins like dash and monero. Bitcoin (BTC) continues to account for the lion’s share of crypto-denominated ransomware payments, according to Coveware’s Q1 2019 Global Ransomware Marketplace report, published on April 15. The report — […]
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PayPal was granted a cybersecurity patent to prevent crypto ransomware hackers from locking up users’ files. Digital payments giant PayPal has won a cybersecurity patent to protect users from crypto ransomware, according to a document from the United States Patent and Trademark Office (USPTO) published on April 16. The system described in the patent, entitled […]
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Intercontinental Exchange-lead institutional cryptocurrency trading platform Bakkt is reportedly considering acquiring a New York “BitLicense” to launch its bitcoin futures. Intercontinental Exchange (ICE)-lead institutional cryptocurrency trading platform Bakkt is considering acquiring a New York BitLicense to launch its bitcoin futures, Bloomberg reports on April 18. Bakkt has seen resistance from the United States Commodity Futures […]
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