Tag: Security

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ING Bank Proposes Security and Privacy Trade-Off for Corda Blockchain

The Dutch bank ING found a solution to improve the security and privacy trade-off on R3’s Corda, an open-source blockchain platform. ING announced that researchers at the financial services firm have solved a security and privacy issue on blockchain software firm R3’s Corda blockchain. On Oct. 23, ING’s distributed ledger technology team presented its white…
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Germany Warns of Privacy Token Usage in Money Laundering and Terrorism

The German Federal Ministry of Finance has expressed concerns about using privacy tokens due to their association with criminal activities and difficulties to track them down. The German Federal Ministry of Finance has expressed concerns about rising use of privacy tokens due to their association with criminal activities and difficulties in tracking them. Published on…
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Indian University Students Create Blockchain-Based System for Online Voting

A group of students from an Indian university has created a blockchain-based voting system that enables the electorate to vote online. A group of students from an Indian university has created a blockchain-based voting system that enables voters to cast their ballots online. The voting system was developed by three students from Malla Reddy Engineering…
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California Man Sues AT&T Over Loss of $1.8M and Crypto Accounts

California resident files a lawsuit against AT&T alleging that its employees helped to perpetrate a SIM-swap resulting in the theft of over $1.8 million, including crypto. California resident Seth Shapiro has filed a lawsuit against wireless service giant AT&T alleging that its employees helped to perpetrate a SIM-swap which resulted in the theft of over…
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Blockchain Voting is Vulnerable to Hacking and Low-Quality Data: Research

Some major issues must be resolved before blockchain voting becomes trustworthy, according to a new study. Nir Kshetri, a professor of management at the University of North Carolina, has suggested that before blockchain-based voting can be considered safe and trustworthy, some major issues must be resolved. In an article published on Oct. 18, Kshetri claims…
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CipherTrace Expands Monitoring Platform to 700 Tokens

CipherTrace, a blockchain security firm and Malta’s crypto supervisor, has expanded its crypto intelligence platform to 700 tokens. United States-based blockchain security firm CipherTrace has expanded its crypto intelligence platform to 700 tokens. Tracing hundreds of ERC-20 tokens With the expanded platform launched on Oct. 15, CipherTrace now allows clients to trace more than 87%…
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TZero-Backed Startup Wants to Launch Security Token Market

Boston Security Token Exchange, a platform jointly owned by BOX Digital Markets and tZERO, seeks the U.S. SEC’s approval to launch a market for security tokens. Boston Security Token Exchange (BSTX), a platform jointly owned by BOX Digital Markets and Overstock’s blockchain arm tZERO, has filed an application with the United States Securities and Exchange…
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BitGo to Provide Custody for Crypto Assets Under Bitstamp Management

Digital asset financial services firm BitGo will offer secure storage for digital assets under the management of crypto exchange Bitstamp. Digital asset financial services firm BitGo will provide secure storage for crypto assets under management at major cryptocurrency exchange Bitstamp. $100 million insurance policy In a press release on Oct. 9, the Luxembourg-based cryptocurrency exchange…
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SEC: If Bitcoin Was a Security, It Would ‘Raise Substantial Issues’

Bitcoin is not a security, says the United States Securities and Exchange Commission in a letter to Cipher Technologies Bitcoin Fund. The United States Securities and Exchange Commission (SEC) has yet again officially stated that Bitcoin (BTC) is not a security. In a letter to Cipher Technologies Bitcoin Fund dated Oct. 1 the SEC declined…
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Algorand’s Venture Arm Loses up to $2M in Hot Wallet Breach: Report

An investment arm of United States-based blockchain firm Algorand loses up to $2 million in crypto after its CTO’s phone was hacked. Algo Capital, an investment arm of United States-based blockchain firm Algorand, has lost roughly $1–2 million in Tether (USDT) stablecoins and Algorand (ALGO) tokens after its CTO Pablo Yabo’s mobile phone was compromised.…
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