Cryptocurrency Analysis and News Portal
Microsoft’s Bitcoin-based decentralized identity tool, ION, went live with a beta version on mainnet Wednesday as one of many efforts by members of the Decentralized Identity Foundation (DIF) to fast-track tools anyone can use for COVID-19 crisis response programs. Microsoft and ConsenSys’s uPort project are both leading DIF members. Separately, Microsoft
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Nuggets, a digital identity and payments platform, has developed a way to accept deliveries without needing a physical signature to combat a spike in fraud and chargebacks during the COVID-19 pandemic. Using biometrically verified contactless delivery technology secured with blockchain technology, the London-based firm wants to equip consumers with the means
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After proving to be massively unpopular, id software has removed Denuvo-Anti Cheat from Doom Eternal. The reversing of the decision comes after a massive backlash and review bombing campaign. Hopefully, this will deter companies from using Denuvo Anti-Cheat, or just Denuvo in general. Almost a week ago, CCN.com reported
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Cryptocurrency network TemTum is partnering with identity verification service Shufti Pro to provide Anti-Money Laundering (AML) and Know Your Customer (KYC) screening services for its customers.As part of the partnership announced on April 7, Shufti Pro will verify TemTum clients' KYC data including date of birth, addresses, names, document
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The Swiss Financial Market Supervisory Authority (FINMA) passed an anti-money laundering provision on Feb. 7. Citing additional risk, the threshold for unidentified crypto exchange transactions is lowered from 5,000 CHF to 1,000 CHF (approximately $1,020 USD).The provision comes following the enactment of the new Financial Services Act and Financial
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News on crypto and blockchain technology is coming in abundance from China. This became especially true in late October 2019, when the Chinese President Xi Jinping called for accelerating the use of blockchain technology in the country.President Xi identified dozens of use cases that should be promoted: loans, health
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The Republic of Azerbaijan is planning to complete a project of blockchain-based digital identification system by the end of 2019. Farid Osmanov, director of the information technology department at the Central Bank of Azerbaijan (CBA), says that the new system will be adopted in the first quarter of 2020,
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In the aftermath of the recent BitMEX data leak, lawyer and general counsel at decentralized finance startup Compound Finance Jake Chervinsky raised the question of whether exposing the public to data risks that Know Your Client (KYC) requirements entail is worth it.It is about time we reconsider KYCIn a
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In a recent Q&A YouTube Session with Wired magazine, the billionaire investor Mark Cuban expressed his opinion on Bitcoin(BTC)trade, digital currency and blockchain technology. He unstintingly went on the offensive against Bitcoin and cryptocurrency by comparing the most popular digital currency to baseball cards and bananas.In the interview, Cuban was
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Identity theft has been a serious issue in today’s digital world. Worldwide groups of hackers are breaching systems on a regular basis. Not just people’s individual identities are at stake, but as data are collected from these hacking attempts, they are also misused for further fraudulent acts. Blockchain has been
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