As investments in cryptocurrency have grown in popularity, and value, security breaches have increased in parallel, with millions of dollars in Bitcoin and other digital currencies stolen from digital currency wallets around the world. In a fintech environment, there are numerous standards that are followed to maintain a level of data security to protect people’s assets. […]
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The computing giant IBM is becoming an established label in blockchain innovation, with numerous projects in action well beyond the experimentation phase. Just in the last month, the firm launched TradeLens with shipping behemoth Maersk – offering a shipment-tracking network across 20 port and terminal operators and 235 marine gateways globally. That’s as well as […]
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The U.S. Patent and Trademark Office awards IBM a patent for a blockchain-based security system that effectively helps to reveal breaches. The U.S. Patent and Trademark Office (USPTO) has recently awarded a patent for a blockchain-based secure system to U.S. tech conglomerate IBM, according to a patent filing published on USPTO’s website Tuesday, October 2. […]
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The EEA and Hyperledger will seek more active cooperation to advance the enterprise blockchain sphere. The Enterprise Ethereum Alliance (EEA) and Hyperledger announced October 1 they would join each other’s organizations as “Associate Members” in order to support enterprise blockchain adoption. The EEA, an enterprise blockchain organization created in March 2017 by Santander, JPMorgan, and […]
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What would you say about a computer geek who said he could protect your online identity, and while doing do would make a bold move against the likes of Facebook and Google? What would you say if that person happened to be the inventor of the World Wide Web? As consumers become more cautious — […]
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Mining malware in 2018: growth, Macs, the NSA and amateur cryptojackers 2017 was a big year for cryptojacking. It increased by 8,500 percent, according to figures published by Symantec in March. And it would seem that 2018 has so far been an even bigger year for mining malware, as the Cyber Threat Alliance September report […]
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Japanese self-regulatory group of crypto exchanges plans to limit the amount of crypto assets that can be stored by its members online. The self-regulatory Japan Virtual Currency Exchange Association (JVCEA) plans to stricten its customer asset management measures. The Japan Times outlet reported this news Sunday, September 30, citing “informed sources.” JVCEA is a self-regulatory […]
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Russia’s government has continuously gone back and forth on crypto regulation, with final legislation tentatively set to be finalized this fall. Russia has been trying to pass cryptocurrency legislation since the beginning of January 2018, with no success as of yet. The government’s main bill, “On Digital Technologies,” which was expected to be passed by […]
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More than a dozen congressmen have sent a letter to the SEC asking the agency to provide more clear regulation regarding cryptocurrencies. A group of lawmakers from the U.S. Congress has sent a letter to Securities and Exchange Commission (SEC) Chairman Jay Clayton, calling for regulatory clarity regarding cryptocurrencies, CNBC reported September 28. According to […]
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After coming across a breach earlier in the week, Facebook said on Friday (Sept. 28) that roughly 50 million of its users had their data exposed through an attack on its network. Facebook found that attackers were able to take control of user accounts through a function within the platform’s code, The New York Times reported. […]
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