Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security – Technology Bitcoin News
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Security
Bitcoin security still a concern for some institutional investors
United Kingdom-based crypto fund Nickel Digital Asset Management released a survey of 100 wealth managers and global institutional investors to find out the biggest investor concerns associated with crypto. The survey features respondents from the United States, France, Germany, the United Arab Emirates and the United Kingdom, who collectively own $275
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Adam Back unveils Blockstream’s new Bitcoin mining security token
Canadian-based Blockchain tech company Blockstream announced the launch of a security token backed by the company's mining production on March 29. It offers an alternative to investing in Bitcoin mining stocks, with the company providing non-US qualified investors exposure to Bitcoin mining through the Blockstream Mining Note security token. BMN
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Japanese bank Sumitomo Mitsui launches the country’s first ‘a-1’ rated security token
Japan-based bank Sumitomo Mitsui Trust Bank, or SMTB, has launched its first asset-backed securities token in partnership with Securitize on March 29. The instrument is the first security token compliant with the Financial Instruments and Exchange Act (FIEA) to launch in the Japanese Market. The token has received an “a-1
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Microsoft deploys solution on Bitcoin due to its security
Senior Product Manager for Decentralized Identity at Microsoft, Daniel Buchner, has confirmed the release of ION. Deployed on the Bitcoin mainnet, this solution is a permissionless public network for Decentralized Identifiers (DIDs). Implemented on Bitcoin’s blockchain, it operates as a second-layer solution to support a DIDs/DPKI (Decentralized Public Key Infrastructure) at
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Amber Group Hires a New Blockchain Security Specialist as It Continues to Scale New Heights
Amber Group, a leading Hong Kong-based crypto finance platform announced it has hired Chiachih Wu as a Blockchain Security Specialist. Wu brings years of information security experience having worked as a security researcher across blockchain, mobile security and virtualization security industries. Wu held positions at Intel Corporation as well as at
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Crypto leaders back MIT’s four-year initiative to harden Bitcoin’s security
The Massachusetts Institute of Technology’s Digital Currency Initiative has revealed a new “Bitcoin Software and Security Effort” intended to foster research into bolstering the Bitcoin network’s defenses.The open-source initiative has received support from a diverse group of crypto industry leaders, including Gemini’s Cameron and Tyler Winklevoss, MicroStrategy’s CEO Michael Saylor,
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Supercar maker Mazzanti Automobili launches security token offering
Italian luxury car manufacturer Mazzanti Automobili has launched its security token offering on regulated digital marketplace STOKR.As part of the offering, Mazzanti aims to raise 999,999 euros ($1.2 million) on STOKR to develop a special edition of its hypercar model Evantra Millecavalli R.According to a Feb. 25 announcement, Mazzanti’s STO
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XSL Labs Unveils Solutions to Redefine Digital Data Identity Security
The entire innovation being churned out by the XSL Labs is based on a decentralized system and the protocol will be deploying its DApp is called ONE. ONE will help enhance the interoperability of all services that will use SDI.French-based blockchain-based digital identity startup XSL Labs is developing a digital
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Apple updates iOS to fix crypto wallet security vulnerabilities
Apple has issued new security updates for its mobile operating system after the iPhone maker discovered vulnerabilities that could compromise cryptocurrency wallets. The security updates, which were released Tuesday, affect iOS 14.4 and iPadOS 14.4. The vulnerabilities reportedly allowed hackers to gain remote access to a target system, thereby exposing the
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