Elliptic Responds in Real-Time to Monitor Flow of Fraudulent Funds Following Twitter Security Breach – Blockchain News, Opinion, TV and Jobs
Leading cryptoasset risk management solutions Elliptic
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Security
US FDA Considers Blockchain for Food Security
The United States Food and Drug Administration (FDA) released a blueprint and pilot study for food safety, highlighting blockchain as a viable option for some of the identified challenges. The blueprint, released earlier this week, breaks down some of the challenges facing food distribution throughout the country and looks at how
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Hacken Released Security Standard For Cryptocurrency Exchanges
In general Cryptocurrency exchanges are vulnerable to security attacks, since they are dealing with decentralized virtual currencies. Unlike the general fiat currencies, the method of payment and transactions are completely different from the traditional financial system. Cryptocurrency exchanges often rely on a centralized secured wallet storage, or an offline hardware
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Switching Bitcoin to 100% ASIC Mining Could Increase Security 2000X
The wholesale embrace of Application-Specific Integrated Circuits (ASIC) mining for Bitcoin (BTC) could increase the cost of a 51% attack by a factor of up to 2,000.Rod Garratt University of California Santa Barbara presented the research he co-authored with Maarten van Oordt from the Bank of Canada at the Unitize
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Monaco Passes New Security Token Laws, but Acting on Them Is Not Easy
Monaco is one of the most exceptional countries on the planet. Its unique mix of scenery and history creates a blend that attracts tourists from all over the world. Anyone who has ever visited falls swiftly in love with its charm. Alongside its reputation for class, architecture and an outstanding grand
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How Bitcoin Is Becoming Both Resistance Money and a National Security Concern
In little more than 10 years, Bitcoin (BTC) grew from a small cypherpunk community to a matter of national security with vast implications for geopolitics.At the Unitize panel titled “From Bitcoin to Fedcoin: The Next Decade of Digital Money,” Meltem Demirors, CSO of CoinShares, and moderated by Andy Bromberg, president
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Trading Begins for New Treasury-Based, SEC-Registered Digital Security
Per a July 6 announcement from the firm, Arca has begun trading for its new digitized security, the ArCoin.The ArCoin runs on the Ethereum blockchain and represents shares in Arca’s U.S. Treasury Fund, which is registered with the Securities and Exchange Commission and is 80% made up of U.S. Treasury
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Independence Day Sees Challenges to Privacy, Property and Security, June 26–July 3
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteThe U.S. is preparing for its Independence Day tomorrow. New spikes in positive COVID-19 tests will put a damper on some but not all of the traditional fireworks, cookouts and Martina
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Binance Security Report Sheds Light On Crypto Scams
A report released by major crypto exchange Binance illustrates how scams targeting cryptocurrency investors attempt to gain credibility.In the report published on June 30, the exchange explained that its Binance Sentry risk investigation service observed reports of fraudulent investment schemes promising quick or exponential returns on cryptocurrency investments. The frauds
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Security Flaw in Balancer Pools Leads to Massive $450K Crypto Hack
Automated market maker protocol Balancer lost over $450,000 in a hacking incident on Sunday.The firm’s co-founder and CTO, Mike McDonald, confirmed that hackers drained at least two of their pools that contained deflationary tokens STA and STONK.He admitted that hackers exploited security vulnerabilities in those tokens to trick their pools
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