Cybersecurity firm Banbreach reports that nearly 30,000 routers in India are infected with cryptojacking software. A recent report by security company Banbreach has found that in the past month, the number of routers compromised by cryptojacking software in India has doubled. The report indicates that hackers have cracked over 30,000 routers within the country, Hard […]
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At a recent event in Minneapolis, CFTC chairman Christopher Giancarlo noted increased enforcement actions last year, partly due to fraudulent crypto cases Christopher Giancarlo, the chairman of U.S. Commodity Futures Trading Commission (СFTC), said in an Oct. 2 speech that enforcement actions and fines increased significantly in the last fiscal year. Giancarlo presented at the […]
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Chilean MPs urge country’s parliament to adopt blockchain for public needs and conduct studies on its advantages. Two Chilean deputies have presented a resolution on blockchain adoption to the lower house of the country’s parliament (Camara de Diputados) on Thursday, October 4, local news website Fortin Mapocho reported. The proposed blockchain resolution project was first […]
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Consumers know what they want — and how they want to pay for it. They want to use the payment methods with which they’re accustomed. This puts pressure on small and medium-sized businesses (SMBs) to find ways to accept those methods in a mobile POS format or risk losing a sale. Businesses must also handle […]
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SkySparc is enhancing its data analytics solution designed for bank and corporate treasury and finance functions, according to a press release issued Thursday (Oct. 4). OmniFi, the data management and analytics solution developed by SkySparc, has been upgraded to heighten automated data exchange capabilities, with the solution able to move data regardless of its format, […]
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It may not be much of a surprise to see a store clerk accept payment via smartphone, but recently, mPOS solutions are seeing increased implementation, beyond their traditional use by brick-and-mortar businesses. The flexibility, portability and business management features have seemingly made mPOS solutions attractive to a variety of industries. As a result, mPOS solutions […]
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It’s not about the transaction. Not really. Any financial institution, retailer or service provider can (one hopes) give consumers efficient ways to manage, move and use their funds. Nah, these days it’s about engagement. Consumers don’t want to be coddled (well, not just). They want a memorable experience, not just a mere transaction. They want […]
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Hackers have minted 235 million fake tokens of the digital Pigeoncoin currency by taking advantage of a bitcoin bug, The Next Web reported. As a result, the hackers were able to circumvent the cryptocurrency’s set supply of 21 billion coins. The hackers have not sold or moved their Pigeoncoins, but the reported noted the attack […]
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A new report from cybersecurity experts at FireEye claims a North Korea-led cyber campaign has swindled banks of hundreds of millions of dollars since 2014, and continues to operate as an “active and dangerous” entity. Analysts estimate the group has attempted to steal more than $1.1 billion. According to Wednesday (Oct. 3) reports in the […]
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Two U.S. representatives have proposed a bill that would, through a working group, find a common definition for blockchain technology for forthcoming legislation. U.S. Reps. Doris Matsui and Brett Guthrie have recently proposed a bill dubbed the “Blockchain Promotional Act 2018” in the House of Representatives, according to an announcement on Matsui’s website Monday, Oct. […]
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