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Following four months of spectacular growth, security token trade volumes have crashed by nearly 60%.From May through August, monthly volume gains for the sector ranged between 113% and 280%, posting record highs that increased from $998,000, to nearly $22 million, according to Security Token Group’s reports.That big run up means
Read MoreLedger, a crypto company providing a number of hardware wallet solutions, has obtained a successful System and Organization Controls, or SOC, Type 1 test. Friedman LLP, a New York-based accounting firm, ran the SOC 2 Type 1 test on Ledger, according to a statement provided to Cryptox:"By obtaining the SOC 2
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The U.S. Department of Homeland Security’s research and development wing, the Science & Technology (S&T) Directorate, on Friday awarded $817,712 in total to five blockchain startups in a bid to reimagine the federal government’s anti-forgery and counterfeit prevention operations. From creating digital Social Security Number alternatives to building e-commerce tracing
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The Japanese financial group is also mulling other business lines around tokenized securities. Source
Read MoreSecurities services provider BNP Paribas has just completed a Proof of Concept with cloud based crypto wallet provider Curv, to demonstrate a highly secure way to transfer security tokens.The security token was transferred using Curv’s advanced cryptography which utilizes a concept called multi-party computation (MPC). The institutional grade technology enables
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Sphereon — together with partners Novatore and Plamo — won a contract based on a challenge that was posted by the Dutch Ministry of Justice and
Read MoreIoTeX, a privacy-focused platform for the Internet of Things, has partnered with camera manufacturer Tenvis Technology to offer Ucam, an indoor security camera powered by blockchain technology.Head of business development at IoTeX Larry Pang told Cryptox that Ucam users can access their camera data through a decentralized system and log in
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An Asian cryptocurrency exchange’s funds have been compromised in a security breach.The Singapore-headquartered digital asset exchange KuCoin said in a statement that it detected large withdrawals of bitcoin and ethereum tokens to an unknown wallet beginning at 19:05 UTC time on Friday. In a live stream on 4:30 UTC time Saturday,
Read MoreThe Oslo Freedom Forum, an event-based entity under the wing of the Human Rights Foundation, or HRF, digitally hosted Square CEO Jack Dorsey for a quick interview on YouTube. During the engagement, the CEO spoke positively of crypto's largest asset, Bitcoin (BTC). "The whole spirit of Bitcoin, for instance, is to
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Israeli blockchain company INX Limited got the green light for a security token sale of up to 130 million INX Tokens at a purchase price of
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