Are traditional business enterprises ready to embrace a blockchain-based payments network? Maybe not, according to two research reports. The news that PayPal, the payments giant with 325 million active user accounts worldwide, was considering the direct sale of crypto assets — along with custodial services — had the crypto community buzzing last week, even if […]
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This South Korean company joined forces with Samsung to forward requests to insurance companies using Blockchain technology. South Korean telecommunications firm, SK Telecom, announced a blockchain-based document submission process for mobile phone insurance. This new protocol will do away with the company’s current antiquated paper processing methods. Before now, users had to visit a technical […]
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Bitcoin isn’t property under new Russian ruling while authorities in the U.S. and the EU challenge encrypted networks in this week’s Law Decoded. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The U.S. is preparing for its Independence Day tomorrow. New spikes […]
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As Russia draws up new strict cryptocurrency legislation, P2P Bitcoin exchanges and crypto trades in the country rise significantly. A branch of the Russian federal government has recently published a draft of new litigation called “On Digital Financial Assets,” which is focused on enforcing strict cryptocurrency laws in the country. The legislation has not been […]
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Thousands have their personal data leaked by a crypto-based phishing scam. Fraudulent websites successfully have stolen the personal records of a number of individuals from the U.K., Australia, South Africa, the U.S., Singapore, Malaysia, Spain, and more. The attack was executed as a targeted multi-stage Bitcoin (BTC) scam propagated by a number of fraudulent websites. […]
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New York, New York runs the show this week as the site of a host of developments and setbacks for crypto. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The largest city in the United States and the world’s financial capital for […]
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“Perhaps our children’s generation won’t own the roof over their heads, but they’ll own a wealth of digital assets instead.” Many of them, at least in the Western world, learned to swipe a screen before they learned to talk. They’ve seen their parents get rekt on the stock market, maybe more than once, and they […]
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Regions of the world with fast-growing economic potential and young populations, such as India and Africa, will become leaders in crypto adoption. Beyond rapidly changing how we create, store and transfer value, cryptocurrencies are accelerating financial inclusion in a way that traditional financial institutions have either been unwilling or unable to. Yet crypto’s possibilities go […]
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Police in Burnaby have noted a surge in Bitcoin-related scams across Vancouver. The Royal Canadian Mounted Police, or RCMP, in Burnaby, a district of Vancouver in British Columbia, reported a surge of Bitcoin (BTC) related scams across the city. This news comes amid recent reports of similar activity occurring across Canada. Authorities say scammers call […]
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Telegram’s built-in contact import feature was exploited to leak the personal data of millions of users onto the darknet. Telegram, a major privacy-focused messaging app, has suffered a data leak that exposed some personal data of its users on the darknet. A database containing the personal data of millions of Telegram users has been posted […]
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