Binance Cryptocurrency Exchange Testing British Pound Stablecoin - 0 views
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John Kiff on 04 Jun 19Major cryptocurrency exchange Binance is apparently testing a British pound stablecoin on its native blockchain, Binance Chain.
Google: Here's what caused Sunday's big outage - 0 views
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The root cause of last Sunday's Google outage was a configuration change for a small group of servers in one region being wrongly applied to a larger number of servers across several neighboring regions.
Brazilian Banks to Implement New HyperLedger-Powered Digital ID Platform - 0 views
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Brazilian banks will be implementing a new standardized blockchain identity solution co-developed by IBM and the central bank, CIP. It is reportedly to be integrated into the Brazilian Payment System.
Innovation transforms central banking - 0 views
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Central bank digital currencies could bring profound changes to the financial system, potentially crowding out commercial banks. They could also change the way monetary policy operates. The implications for monetary and financial stability need careful consideration.
Digital Custody Becomes Even More Complicated - 0 views
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US Crypto exchanges that plan to attain the status of alternative trading systems via becoming, partnering with, or purchasing broker-dealers could have to forgo their digital custody business due to the Securities Investor Protection Act.
Hackers Infect 50,000 Servers With Sophisticated Crypto Mining Malware - 0 views
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Hackers have breached over 50,000 servers across the world to mine cryptocurrency using unusually sophisticated tools, according to Guardicore Labs. The large-scale "Nansh0u campaign" malware effort has been ongoing since February, mostly targeting firms in the healthcare, telecoms, media and IT sectors.
Breaking down the most funded stablecoin projects as of May 2019 - 0 views
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2019 looks to be the year of the stablecoin. Since the beginning of 2017, 122 stablecoin projects have been announced but are still in development. We took a look at the projects with a stablecoin that have received the most outside funding.
Inwara Initial Exchange Offering report - 0 views
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Blockchain and crypto projects have raised $2.65B during May 2019. ~$1.2B, was raised through Initial Exchange Offerings.
Utility Settlement Coin Completes £50m Funding Round - 0 views
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The founding shareholders of Fnality comprise: Banco Santander, BNY Mellon, Barclays, CIBC, Commerzbank, Credit Suisse, ING, KBC Group, Lloyds Banking Group, MUFG Bank, Nasdaq, Sumitomo Mitsui Banking Corporation, State Street Corporation, and UBS. Clearmatics continues in its role as the technology partner to Fnality.
Top banks push ahead with digital coins for 2020 - 0 views
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Thirteen of the world's biggest banks are preparing to launch digital versions of major global currencies in 2020 after years of research convinced them that the technology underpinning cryptocurrencies could be used to make trading less risky and cheaper.
Understanding Capture and Validate KYC Processes - 0 views
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Whilst governments can take different approaches to implementing SIM registration, we have asserted that 'Capture and Validate' (C&V) processes give the highest level of confidence that the person registering a SIM 'is who they claim to be'. This is because C&V enables mobile network operators (MNOs) to validate their customers' ID against a central government database, usually in real time. Globally, only 16 countries follow this approach.
SEC's 'CryptoMom' fights for controversial ETF innovation - 0 views
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Hester Pierce, aka the US SEC's "CryptoMom", has called on fellow supervisors to abandon their cautious approach to approving controversial new exchange traded funds (ETFs) and allow innovation to flourish.
Major Utility Settlement Coin Project Raises $63 Mln for Commercial Realization - 0 views
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The Utility Settlement Coin (USC) project - led by some of the world's largest banks - has announced the creation of a new firm (Fnality International) and closure of an accompanying £50 million Series A financing round.
Wave of SIM swapping attacks hit US cryptocurrency users - 0 views
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SIM swapping, also known as SIM jacking, is a type of ATO (account take over) attack during which a malicious threat actor uses various techniques (usually social engineering) to transfers a victim's phone number to their own SIM card.
Facebook in talks with US regulator over digital currency - 0 views
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Facebook has begun talks with the top US derivatives regulator over its plans for a digital currency, in a sign of how the world's largest social media platform is laying the groundwork for an ambitious push in to payments.
Prometheus and Epimetheus in the Digital Age | German Bundesbank - 0 views
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The President of Germany's central bank, Jens Weidmann, has warned that implementing central bank digital currencies (CBDCs) could lead to the destabilization of global financial systems, especially during times of fiscal crisis.
Bandwidth-Efficient Transaction Relay for Bitcoin - 0 views
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A newly-proposed relay protocol called Erlay could reduce the transaction bandwidth used up by bitcoin nodes by up to 75%. The proposed protocol alters the way transactions are relayed, for example, by sending transaction announcements directly only over a small subset of connections. The authors include Greg Maxwell and Pieter Wuille.
Local startups to be at forefront of utilizing the Bahamas new central bank digital cur... - 0 views
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The CEO of NZIA, the tech firm behind the Central Bank of the Bahamas Project Sand Dollar, has said the key to making it a reality is by engaging with local banks, SMEs and entrepreneurs to create new products and solutions around the new digital currency.
Why money laundering risk is very real with crypto cards - 0 views
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PIN numbers and contactless cards have greatly eased the ability of mules to share their crypto-backed debit cards with those they are working for. And that is why crypto cards pose such a risk.
Eggs in One Basket: Security and Convenience of Digital Currencies - 0 views
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Digital currencies store balances using anonymous addresses. This Bank of Canada paper analyzes the cost, safety and convenience trade-offs between aggregating balances versus safeguarding a large number of passwords of many small accounts.
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