Banks failing to identify up to 90% of suspicious crypto transactions

CipherTrace believes financial institutions are failing to identify up to 90% of suspicious transactions related to crypto assets Financial institutions worldwide have reported 134,500 suspicious transactions concerning virtual currencies in the past two years — but that’s just the tip of the iceberg according to a report published by blockchain forensics firm CipherTrace. The report […]

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A new enterprise blockchain features private real-life identities, but not without controversy

Combining privacy and auditability requires unconventional solutions. A new enterprise-focused blockchain is trying to carve a spot in this competitive market by focusing on an integrated digital identity system. Called Concordium, the blockchain is among the first to use identity proofs as an integral part of its protocol. Cointelegraph spoke with Concordium’s chief marketing officer, […]

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