Budget proposals have revealed the existence of a ‘Cryptocurrency Intelligence Program’ within the US Immigration and Customs Enforcement agency. The United States Immigration and Customs Enforcement (ICE) has revealed the existence of a Cryptocurrency Intelligence Program (CIP) in the agency’s 2021 budget proposal. The proposal states that the CIP seeks to identify unlicensed capital flows…
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Test Test text article Read more »Pay, Trade, Buy Bitcoin with Credit Card
Source: iStock/Ja’Crispy Litecoin (LTC), the cryptocurrency created by Charlie Lee to be the “silver to Bitcoin’s gold” back in 2011, may be about to see more real-world use as more than 13,000 ATMs in South Korea enable LTC withdrawals directly to Korean won (KRW). The Litecoin Foundation said it has teamed up with the South…
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The encryption process generates cryptographic keys that are used to lock (encrypt) and unlock (decrypt) data. There are two forms of encryption keys: symmetric and asymmetric. Key management providers, examples While many exchanges or custodians still operate a multisig cold wallet approach, there are now several key management providers on the market. Unbound Tech is…
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Source: iStock/Ivan-balvan Chinese organizations are looking to implement blockchain solutions in a range of industries as part of a concerted attempt to fight the coronavirus and reduce its economic effect on the country. Per ZDNet, which quotes news reports in China, as well as the Shandong University of Finance, a number of private and public…
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Russian cybersecurity firm Kaspersky Lab has launched a prototype for its Polys voting machine, a device that it says will enable people to cast votes on an online blockchain-based voting platform. The development could pave the way for the platform’s use in public and private organizations. However, controversies surrounding the safety of blockchain voting and…
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With the broader crypto market still in consolidation mode after a sell-off that has rattled the market over the past two weeks, the decentralized oracle service Chainlink (LINK) is already rebounding from the slump. As of press time on Friday (11:17 UTC), LINK is trading at USD 3.0, up 4% over the past 24 hours.…
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Traders are overwhelmingly betting on a dramatic short-term rate cut this year, which could beat Bitcoin’s sub-2% inflation rate. The United States Federal Reserve will cut its interest rate target to compete with Bitcoin (BTC) post-halving, traders believe. As Reuters reported on Feb. 28, Wall Street traders already consider the likelihood of the Fed cutting…
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Denial of service attacks are hitting both Bitfinex and OKEx, crippling the exchanges for short periods of time as Bitfinex CTO calls the attacks highly sophisticated. Cryptocurrency exchanges OKEx and Bitfinex are suffering multiple denial of service attacks. It is unclear as of now if the attacks are connected, though OKEx CEO blamed competitors on…
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The presumably failed Chinese FCoin exchange has announced its return to the crypto scene, with a goal to let the community take charge of it, but that community may not be interested. Ever since FCoin announced the loss of funds and the founder published a detailed letter of what allegedly led to the exchange’s failure,…
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