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Report: Blockchain is poised to overhaul global payment systems
According to a Binance report, blockchain technology is set to transform the global payments landscape by addressing inefficiencies in traditional financial systems. The Binance research report highlights that while current payment methods, such as Visa and Mastercard, offer the convenience… дальше »
2024-8-31 20:10 | |
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Crypto malware Angel Drainer shuts down following developer identification: report
Malware software-as-a-service Angel Drainer, linked to over $25 million in thefts, has reportedly shut down after its developers were potentially identified. Angel Drainer, a drainer-as-a-service program, has allegedly suspended its operations just two hours after cybersecurity researchers at Match Systems… дальше »
2024-7-17 10:14 | |
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As Bitcoin Thrives, Bank Of America Says $2 Trillion Crypto Market Is ‘Too Large To Ignore’
Digital assets are fast becoming an integral part of financial systems worldwide, a fact that can no longer be overlooked. This is according to a new report dubbed “Digital Assets Primer: Only the first inning” released by the Bank of America (BofA). дальше »
2021-10-7 12:28 | |
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America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths
A CNN report has revealed that the US government is stepping up activities to better protect its systems as it is now looking to offer a crypto-assets rewards system to hackers who help them uncover state-backed actors and potential terrorists on the dark web. дальше »
2021-8-18 19:00 | |
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US financial regulators voice concerns over Tether and Facebook’s Diem
Tether (USDT/USD) and Facebook’s Diem, formerly Libra, were the main topic in a recent private meeting that discussed the risks stablecoins pose to financial systems. A report citing people familiar with the matter disclosed this news on July 27, noting that the US Treasury Secretary, Janet Yellen, led the meeting, which comprised the President’s Working […] The post US financial regulators voice concerns over Tether and Facebook’s Diem appeared first on Invezz. дальше »
2021-7-29 16:34 | |
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Vietnam’s PM directs the state bank to run a trial on digital currencies
Phạm Minh Chính, Vietnam’s Prime Minister, has instructed the State Bank of Vietnam to study and trial digital currencies. A report unveiled this news on July 3, noting that unlike the central bank digital currencies (CBDCs) of other countries, which run on centralized systems, Vietnam’s will be blockchain-based. дальше »
2021-7-6 16:45 | |
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FBI Bolstering Tactics Against Illicit Cryptocurrency Transactions and Cybercrimes
The Federal Bureau of Investigation has been bolstering its systems and using stronger tactics to tackle cybercrime and the nefarious use of cryptocurrency, according to a Bloomberg report. The post FBI Bolstering Tactics Against Illicit Cryptocurrency Transactions and Cybercrimes appeared first on BeInCrypto. дальше »
2021-7-1 10:55 | |
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ECB Warns of Stability Risks of Not Issuing A CBDC, It Matters for ‘International Currency Status’
“Issuing a CBDC would help to maintain the autonomy of domestic payment systems and the international use of a currency in a digital world,” says ECB’s report. The post ECB Warns of Stability Risks of Not Issuing A CBDC, It Matters for ‘International Currency Status’ first appeared on BitcoinExchangeGuide. дальше »
2021-6-3 19:24 | |
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State-backed digital currencies can disrupt financial systems: Report
While CBDCs could help central banks address the decline in cash payments, some risk factors remain.
дальше »2021-5-19 11:12 | |
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Gen X Investors Overtake Millennials in Crypto Adoption: Wirex & Stellar Report
Nearly 75% of consumers view digital assets and stablecoins as an alternative to traditional money transfer services. High fees, slower transaction times, and hectic cross-border transfers are some of the reasons leading consumers to digital asset payment systems, joint research from Wirex and Stellar Development Foundation (SDF) states. дальше »
2021-1-22 21:03 | |
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Latest IRS draft shows how to file taxes on your cryptocurrency transactions
IRS Tax forms have a new filing method for cryptocurrency transactions, and they announced it a few days ago. The internal revenue service tax forms are used by organizations, individuals, and other taxpayers to report their financial information’s in the traditional finance systems. дальше »
2020-10-31 11:14 | |
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Travel Giant CWT Just Paid $4.5 Million Worth Of Bitcoin To Hackers Who Compromised Its Systems
Prominent US travel management agency CWT has paid 414 BTC amounting to $4.5 million to hackers who claimed to have compromised 30,000 computers and stolen sensitive corporate data from the firm. The report by Reuters said that according to data from the ransom negotiations, the cybercriminals attacked the firm’s systems using the Ragnar Locker ransomware […] дальше »
2020-8-1 16:06 | |
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Fear of Libra’s Stablecoin Replacing Domestic Currencies Is Greatly “Overstated:” Fed Reserve
Federal Reserve economists disclose that project Libra’s ability to disrupt economies may have significantly been “overestimated” and overstated by policymakers. The report released on Monday shut down the extremist's statements that the earlier version of one Libra stablecoin could replace the global economic systems as we know them today. The report arose from a prototype […] дальше »
2020-6-23 21:36 | |
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“Very Healthy and Active Ecosystem” – New Report Claims Tron Isn’t A Scam
Tron is one of the major and popular blockchain-based systems in the industry that have backed up their existence with a digital asset. However, the network has faced some backlash, with some people accusing it of plagiarizing its White Paper. дальше »
2020-6-22 12:20 | |
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U.S. Authorities Tap Blockchain for Air Traffic and Drones Management
The Volpe Center of the United States Department of Transportation is now leveraging distributed ledger technology (DLT), the building blocks of bitcoin (BTC) and other digital assets, for air traffic management and unmanned aircraft systems (UAS) also known as drones, according to a Ledger Insights report on April 28, 2020. дальше »
2020-4-29 19:00 | |
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World Bank Report Illustrates The Potential of Blockchain In Bid For Financial Inclusion
Emerging technologies like Blockchain have sent Financial Institutions into a frenzy to try and adopt them lest they get left behind. These same entities have tried to integrate their legacy-ridden payment systems in a bid to achieve seamless operations. дальше »
2020-4-16 00:16 | |
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Did The Chinese Govt Use Alipay, WeChat Payment Systems to Track Coronavirus Victims?
Chinese Authorities Using Alipay and WeChat to Track Coronavirus Victims? Hubei, the Chinese province that’s the epicenter of the Coronavirus outbreak, had its government releasing a report on February 18th that gives details about the measures taken to combat the disease. дальше »
2020-2-19 00:17 | |
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Coronavirus: A Perfect Opportunity to Prove Blockchain’s Coming of Age
According to a report by Enterprise Talk, February 7, 2020, blockchain technology and artificial intelligence (AI) are aiding the Chinese government tackle the coronavirus epidemic by managing global donations and providing real-time data through air quality monitoring systems for tracking the virus. дальше »
2020-2-9 14:00 | |
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Ripple is less decentralized than BTC and ETH, but that’s not necessarily a bad thing
Grayscale, an institutional crypto asset management company, recently released a report analyzing XRP’s coin history, protocol, price, transaction speed and more. According to the report, the early developers of the XRP Ledger focused on creating a fast protocol that challenged established financial systems. дальше »
2019-12-25 05:38 | |
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North Korean hacking groups and copycats are going after financial institutions
State-sponsored and criminal actors are mounting a wide array of cyber attacks against the global finance industry with an aim to steal data and sabotage trading systems, according to new research. дальше »
2019-8-1 15:32 | |
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Senate Intelligence Committee: Russia targeted all 50 US states ahead of 2016 elections
In a heavily redacted report released by the Senate Intelligence Committee today says Russians targeted election systems in all 50 US states ahead of the 2016 elections. This shows a much larger impact than previous reports (which separately noted that 21 states, and then 39 states were affected) as targets of the Russian interference. дальше »
2019-7-26 09:50 | |
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India doesn’t want WhatsApp sharing your payment data with Facebook
Even as WhatsApp readies to launch its mobile payment service in India later this year, the government is concerned about its privacy and security ramifications. “Indian authorities are concerned that WhatsApp‘s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” according to a report from the Economic Times. дальше »
2019-7-26 09:40 | |
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Report: Regulated Digital Money will Boost Global Payments Systems
Supranational economic institutions have been studying the effects of cryptocurrency and blockchain. In a report released by the IMF, July 15, 2019, they highlight the potential for cryptocurrencies and traditional digital money to spark a new age of payments. дальше »
2019-7-17 19:00 | |
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Here’s why India wants to build its own WhatsApp and Gmail
The Indian government is reportedly planning to build its own WhatsApp-like chat platform to facilitate secure communications for government agencies, according to news outlet Economic Times. The move is meant to reduce the country’s reliance on US technology companies, and ensure that all communication and data transmitted over the service will be stored locally in the country. дальше »
2019-6-27 14:22 | |
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Congressional report: Bitcoin adoption ‘miniscule’ compared to traditional finance
Distributed ledger systems that underpin cryptocurrencies aren’t capable of processing the number of transactions required for mass adoption — but it doesn’t matter, they’re only really used for speculation. дальше »
2019-5-29 14:30 | |
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Hackers Seeding Ransomware via Bitcoin and Ether Giveaways
While the entire cryptospace is busy celebrating the return of the “bulls,” bad actors have formulated a new scheme aimed at stealing victims’ cryptos and injecting ransomware into their systems. These hackers are now using several websites to push their fake bitcoin (BTC) and ether (ETH) giveaway programs, according to a Bleeping Computer report onRead MoreRead More. дальше »
2019-5-28 13:00 | |
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Tron DApp Weekly Report: Gambling apps leads the surge in Tron DApp numbers
Tron, the eleventh largest cryptocurrency on CoinMarketCap, recently collaborated with Bitpie, a partnership that would help startups to bridge the gap in vulnerable financial systems. Tron’s token might be lagging in terms of performance in the market but, Tron DApps continued to surge. дальше »
2019-5-25 22:30 | |
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Facebook contract workers look at your private posts to help train its AI
A new report from Reuters has revealed how contract workers for Facebook and Instagram are looking at your private posts to help the social media platforms train their AI systems. Reuters suggests contractors are annotating the posts based on five “dimensions”: the content of the post (selfie, food, landmarks), the occasion of the post (life event, activity), expressive elements (opinion, feelings), author’s intent (to plan an event, making a joke, inspire others) and the post’s setting (home, school, work, outdoors). дальше »
2019-5-6 18:07 | |
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Report: Australians Lost Over $4 Million to Crypto Scams in 2018
The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6. дальше »
2019-4-30 20:07 | |
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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics
Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting. дальше »
2019-4-27 22:07 | |
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SEC, CFTC Issue Investment Warning on Crypto Scams
Sensing a rise in crypto-related scams and fraudulent investment schemes, the U. S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have issued a joint warning to investors, encouraging them to take a more thorough approach to verifying potential investments in the space. дальше »
2019-4-26 18:43 | |
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Following Expansions, Japanese Regulator Investigates Local Crypto Exchanges
Japan’s Financial Services Agency (FSA) is looking into two major cryptocurrency exchange platforms as part of an investigation. According to a report published by Reuters Japan on April 23, 2019, the investigation by the financial watchdog is connected to the legal compliance and customer protection standards of trading platforms Fisco Digital Asset Group (FDAG) and Huobi Japan, the Japanese subsidiary of Huobi Global. дальше »
2019-4-24 22:55 | |
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Indian Giant Tech Mahindra to Cooperate With Samsung SDS to Enter the Blockchain Market
According to a recent report released by The Korea Times, the Indian giant Tech Mahindra will be working with Samsung to enter the blockchain market. In order to do so, Samsung SDS will cooperate with the Indian tech firm. дальше »
2019-4-15 07:06 | |
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Ontology (ONT) Rleases March 2019 Report Showing Over 1.5 Million Transactions Completed
Ontology, a blockchain aiming to provide users with decentralized and trustless systems released the March 2019 report of the developments of the project. The blockchain has grown to 8 consensus nodes (validators) and a further 39 candidate nodes. дальше »
2019-4-5 20:54 | |
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Tesla Stock Drops after Chinese Hackers Expose Alarming Vulnerability
China hackers set their sights on Tesla to expose just how easy it was to manipulate the Model S. Not only were they able to trick the autopilot systems of the luxury vehicles, but they’ve been able to access them remotely. дальше »
2019-4-3 00:19 | |
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Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software
This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi. дальше »
2019-4-2 21:54 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC
The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities. дальше »
2019-3-28 18:00 | |
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Facebook’s reportedly been storing millions of user passwords in plain text since 2012
Last night, Facebook revealed that it found a flaw in January in its systems that stored user passwords in plain text, which meant that anyone who had access to them could read those passwords without having to decrypt them. дальше »
2019-3-22 09:05 | |
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Cardinal RAT Malware Goes After Israeli Fintech and Crypto Firms Per Unit 42 Research Report
Unit42, the cybersecurity department of Palo Alto Networks, has published a report on March 19, 2019, revealing that the Cardinal Remote Access Trojan (RAT) malware, a kind of malware that remotely takes control of its victim's computer, is now targeting the systems of Israeli cryptocurrency and financial technology (fintech) firms. A Deadly Malware According to […] дальше »
2019-3-20 06:47 | |
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Wall Street Trading Bots Fail as Fed Flip-Flops and Trump Tweets
The party may be over for automated trend-following trading strategies on Wall Street. As a recent report by Bloomberg highlights, the once legendarily profitable investment systems run on computers by hedge fund managers have lost their edge. дальше »
2019-3-4 18:53 | |
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Blockchain money transfer speeds put legacy systems to shame
A new report by BlockData says blockchain money transfers are 388x faster and 127x cheaper than legacy financial systems – shedding new light on how blockchain-based financial solutions are poised to disrupt the remittance system status quo. дальше »
2019-3-15 15:00 | |
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Report: Bitcoin Unable to Solve Problems of Traditional Payment Systems
An official from the Bank of Spain believes that Bitcoin is unable to solve the problems of traditional payments systems
дальше »2019-2-19 01:20 | |
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Coinbase handed out a $30K bounty for a critical bug in its systems
Another day, another bug. Cryptocurrency exchange desk Coinbase has handed out a massive $30,000 bug bounty for a critical vulnerability in its systems. The flaw was logged on February 12 via Coinbase‘s vulnerability disclosure program on HackerOne. дальше »
2019-2-13 17:33 | |
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