Group IB exposes crypto fraud with up to 250,000 victims

Singapore-based security firm Group IB has identified a crypto fraud that has as many...

The post Group IB exposes crypto fraud with up to 250,000 victims appeared first on Coin Journal.

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Securitize Japan Joins Self-Regulatory Association, JSTOA, To Scale Market Opportunities

The Japan subsidiary of SEC approved digital token offering firm, Securitize, has joined the country's Security Token Offering Association (JSTOA). Securitize Japan debuts as the first international token issuer in the self-regulatory association as it seeks to expand its footprint in one of the most crypto advanced jurisdictions. This move comes months after the firm […]

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Securitize’s Japan Subsidiary Becomes First International Firm to Join Self-Regulatory Group

Securitize Japan joined the Japan Security Token Offering Association, becoming the first international firm to do so.

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Nomura-Backed Crypto Custody Venture Launches After 2 Years in the Works

CoinShares, Nomura Bank, and crypto security firm Ledger have formally launched a digital asset custody business targeting institutional investors.

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Ledger, CoinShares, and Nomura Join Forces to Launch Komainu, an Institutional Grade Bitcoin Custody Service

Komainu was first announced in May 2018. The companies which make up the joint venture include Ledger, a hardware wallet and crypto asset security firm, Coinshares, a crypto investment fund, and Nomura, a Japanese based global investment bank.

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Ex-CFTC Chairman Giancarlo Claims Ripple’s XRP Is Not A Security

The security status of Ripple’s cryptocurrency, XRP, has long been a grey area in the crypto space. The situation has been exacerbated by multiple class-action lawsuits filed against Ripple, alleging the blockchain payments firm sold unregistered XRP as an unregistered security.

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BlockFi Taps Defense Department, Microsoft Alum as Security Chief

BlockFi is adding a former Bakkt and Microsoft employee to their lineup to take charge of the firm's security.

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Ngrave Launches Physical Encrypted Private Key Backup

The crypto security firm has launched officially its new key backup for crypto hardware wallets, Ngrave Graphene.

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Securitize Issues First Dividend Payouts Via Blockchain for Lottery.com Security Token Holders

Securitize, an SEC-approved transfer agent built on blockchain has issued its first dividend payout. The firm distributed ‘royalty payment' on June 5 to stakeholders with Lottery. com security tokens.

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KuCoin Partners With Chainalysis to Strengthen Compliance and Security Mechanisms

Major cryptocurrency exchange KuCoin has partnered with blockchain analysis firm Chainalysis to further its commitment to business compliance and user security within the rapidly evolving crypto industry.

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Canadian Exchange Bitbuy to Offer 1:1 Bitcoin Deposit Insurance

Toronto-based cryptocurrency exchange teams up with a local security firm to offer full security against “the unthinkable”.

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ConsenSys Acquires Fluidity, the Firm Behind Peer-to-Peer AirSwap Trading Network

ConsenSys has acquired Fluidity, the firm behind peer-to-peer trading network Airswap. Airswap has been at the forefront of developing some of the industry's first of its kind decentralized technology such as tokenization of real estate and security tokenization.

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Overstock Files to Dismiss ‘Meritless’ Fraud Lawsuit Over Its Digital Dividend

The e-commerce firm is hoping to persuade a judge in the Utah District Court to throw out a class-action securities fraud lawsuit relating to the firm's security token dividend and its effect on short sellers.

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Overstock Wants Lawsuit Nixed Ahead of Security Token Distribution

Overstock is seeking the dismissal of a lawsuit accusing the firm of market manipulation and issuing misleading information regarding tZERO.

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German Security Token Platform to Develop a Custody Solution

German STO platform Black Manta joins digital asset custody firm Finoa to develop institutional security token custody.

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Fireblocks Hits $30B In Digital Asset Transfers; Expands into APAC With 2 New Offices

Leading crypto security startup, Fireblocks has announced it is opening new offices in Asia in Singapore as well as Hong Kong. On April 30, Fireblocks revealed that its platform has so far transferred digital assets worth $30 billion and at the moment conducts transactions worth more than $7 billion every month. The firm revealed that […]

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U.S. SEC Approves Blockchain-Based Security Token Trading System

North Capital Private Securities, a firm that provides financial planning, advisory services, and discretionary investment management to its clients, has gotten the go-ahead from the United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), to launch its alternative trading system (ATS) in the region.

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Thousands of Zoom Credentials Selling for Cheap on Dark Web: Report

The past few weeks have been a mixed bag for Zoom. While the firm has continued to see surging user numbers as a result of the coronavirus, its privacy and security flaws have also been highlighted.

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Bitstamp Integrates Fireblocks to Scale and Secure Institutional Grade Transactions

Bitstamp has joined the likes of Galaxy Digital, Celsius Network, and Genesis by integrating the services of crypto security firm Fireblocks to offer better security and faster transactions to its institutional clients.

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Slush Pool Creators Improving Bitcoin Mining Security with New Software

Braiins, the creators of Slush Pool, has integrated new software into its BOSminer software suite, which is the first working implementation of the Stratum V2 protocol. The firm says the new software will improve the security and efficiency of mining pools, according to reports on April 6, 2020.

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Investors File Amended Lawsuit Claiming Ripple’s XRP May Not Be A Security

Some investors have filed an amended complaint in their lawsuit against the Blockchain firm, Ripple. The refiled two-year class action now includes new allegations that add weight to the investors’ claim of fraudulent practices by Ripple and its CEO, Brad Garlinghouse.

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Amended Lawsuit Alleges Ripple’s Garlinghouse Sold Millions Of XRP Despite Claiming To Be A HODLer

A lawsuit filed by XRP investors against Ripple Labs has been going on for almost two years now. The plaintiffs, led by Bradley Sostack claimed that the San Francisco-based blockchain firm sold them XRP as an unregistered security.

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Futurex and R3 bringing HSM-backed security to Corda blockchain

Futurex, a leader in hardened, enterprise-class data security solutions, today announced that it is partnering with R3, the enterprise blockchain software firm, to deliver a secure foundation for the Corda Enterprise platform, with integrated Futurex hardware security modules (HSMs).

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Thieves Swindle $2M From Coronavirus Preppers With Hand Sanitizer, Face Mask Scams

Scammers purporting to sell face masks, hand sanitizer and medication have stolen at least $2 million in cryptocurrency from panicking consumers, claims blockchain security firm AnChain.AI.

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Bitcoin derivatives exchange LedgerX selects BitGo for multi-sig wallet and custody services

LedgerX, the first U. S. federally regulated bitcoin derivatives exchange, announced today it has selected digital asset security and service firm BitGo, to provide multi-signature wallet services for its users.

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tZero-Affiliated Firm Hopes SEC Will Pass Updated Proposal for Security Token Platform

The Boston Options Exchange modified its plan to launch a security token exchange, increasing its required market makers and bringing its listing standards closer to the NYSE's.

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Increased Safeguards Is Needed For Crypto Growth As Nearly $10B Has Been Stolen: KPMG

Ever since 2017, hackers have stolen over $9.8 billion in digital assets due to poorly written code or lax security, according to a KPMG report from Monday. Furthermore, the accounting firm added that the adoption of cryptocurrencies like Bitcoin (BTC) and Ether (ETH) by institutional investors has increased competition amongst investors seeking to occupy a […]

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Plus 500 Review – Pros & Cons, Fees, Features, Security

Plus500 is an international financial brokerage firm which provides online trading services in contracts for difference (CFDs) across more than 2,000 securities and multiple asset classes including commodities, options, ETFs, forex, shares, and cryptocurrency.

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Blockstation Builds Disclosure Tool for Security Token Issuers on Jamaica Stock Exchange

Blockstation, a digital asset trading systems firm, has built a streamlined disclosures filing tool for companies seeking an STO with the Jamaican Stock Exchange.

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BitGo Acquires Security Token Platform Harbor to Expand Its Services

Coinspeaker BitGo Acquires Security Token Platform Harbor to Expand Its ServicesWith the Harbor acquisition, BitGo becomes the first firm in the crypto space wherein a single company holds broker-dealer, transfer agent, and qualified custodian licenses.

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Cybersecurity firm Sophos introduces “Xstream” version of XG Firewall

Sophos, a global leader in next-generation cybersecurity, today introduced a new “Xstream” architecture for Sophos XG Firewall with high-performance Transport Layer Security (TLS) traffic decryption capabilities that eliminate significant security risk associated with encrypted network traffic, which is often overlooked by security teams due to performance and complexity concerns.

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Crypto wallet imToken launches TokenCore bug bounty program

The team of imToken, a cryptocurrency wallet ecosystem, has announced the launch of a new bug bounty program for recently open-sourced, TokenCoreX. This bug bounty is s being managed in conjunction with blockchain security firm SlowMist.

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Blockchain analytics firm AnChain.AI gets $4.3 million in seed funding

AnChain. AI, an AI powered blockchain security and analytics platform, announced it has successfully raised a pre-A round, totaling $4. 3 million. Funding was co-led by Amino Capital and Susquehanna International Group, an early investor in the world’s most valuable Internet startup ByteDance.

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Coinbase Custody Becomes First Custodian With SOC 1 and SOC 2 Security Evaluations

The crypto custody subsidiary of major US-based crypto exchange Coinbase has managed to obtain 2 new security evaluations. As per a press release from February 12, Coinbase Custody got a SOC 1 Type 2 and a SOC 2 Type 2 report from Grant Thornton, a major US-based accounting firm. This means Coinbase Custody is now […]

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Largest Cryptocurrency Liquidity Provider Taps Security Firm Fireblocks

Digital asset storage, transfer, and issuing platform Fireblocks has announced today that it is partnering with B2C2, the world’s largest cryptocurrency liquidity provider. Fireblocks Focuses on Institutional Clients  B2C2 will...The post Largest Cryptocurrency Liquidity Provider Taps Security Firm Fireblocks appeared first on Cryptocurrency News.

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Australia: Perth Mint Taps SMX Blockchain Technology for Gold Traceability 

Perth Mint, Australia’s official gold bullion mint established in 1899, is collaborating with Security Matters (SMX), an information technology firm listed on the Australian Securities Exchange (ASX), to launch a blockchain-based gold supply chain traceability project, reports ZDNet on February 5, 2020.

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Swiss-Based Overture To Become First Authorized IPO On Ethereum Blockchain

As firm in Switzerland, is now permitted to integrate a blockchain IPO that offers tokenized shares. In an announcement made Wednesday, Andriotto Financial Services says that Overture, the firm for which it offers financial advice, is going to provide something different than what other security offerings do: “The company has approved the first Swiss articles […]

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Security Token Issuer Vertalo Dumps Ethereum for Tezos Blockchain 

Vertalo, a distributed ledger technology (DLT) based security token issuance platform, broker and investor onboarding firm, has announced its migration away from the Ethereum (ETH) smart contracts blockchain to Tezos (XTZ).

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Blockchain security firm CertiK to help Liquid vet listings and IEO projects

Cryptocurrency exchange Liquid, today announced a new partnership with CertiK, a leading blockchain security firm. CertiK will provide its smart-contract audit platform to teams seeking potential listings and IEOs on the exchange.

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Japanese Bitcoin Exchange Goes Bust After a $700,000 Theft Coverup

As it announced a decision to close down last year Bitcoin firm CoinExchange expressly stated it wasn't caused by a security breach. The post Japanese Bitcoin Exchange Goes Bust After a $700,000 Theft Coverup appeared first on CCN.com

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China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year

On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $11.

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New evidence suggests that XRP could be deemed a security

A document resurfaced on the internet providing concise evidence that Ripple created XRP and that the firm is selling the token in excess of need for profit. The lawsuit against Ripple On Aug. 5, 2019, a new complaint was filed against Ripple.

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$80 Billion Asset Management Firm Files First Blockchain ETF With China’s Security Watchdog CSRC

The China Securities Regulatory Commission (CSRC) has received an exchange-traded fund (ETF) listing application for a project that tracks blockchain-based stocks as underlying assets. Called the Penghua Shenzhen Stocks Blockchain ETF, the application was accepted on December 24 by the CSRC and was filed by the Shenzhen headquartered asset management company Penghua Fund. What the […]

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CipherTrace to Tackle ‘Modern-Day Slavery’ With Crypto Analytics

The blockchain security firm has partnered with the Anti-Human Trafficking Intelligence Initiative (ATII) to fight human trafficking.

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Fidelity-Backed Startup Fireblocks Is Now Certified Secure by Ernst & Young

Digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young

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Digital Asset Security Firm Fireblock Backed By Fidelity Gets EY’s SOC 2 Type II Accreditation

Fidelity Digital Assets (FDAS) thinks that in the future, custodians will work from behind the scenes to store cryptocurrencies for clients from different firms. At the same time, its enterprise-based platform for crypto transactions, Fireblocks, has just passed an EY audit that confirms it complies with data security standards, which has led to talks with […]

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Former SEC Senior Counsel Joins US Security Token Platform As Chief Legal Officer

TokenSoft hired Alex C. Levine as its chief legal officer to work on the firm’s regulatory compliance

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Penta Security to provide MPC key management on Corda blockchain

Penta Security, a provider of IT and blockchain security solutions, and blockchain software firm R3, announced today a new strategic partnership for digital asset management and MPC (Multi-Party Computation) technology.

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VeChain: Blue Bite to Secure Fine Art with Blockchain Technology

In a blog post published on December 10, 2019, tech firm Blue Bite stated that it will be tapping VeChain’s (VET) supply chain-focused blockchain solutions to enable end-to-end transparency and security for fine art certificates.

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