Cryptocurrency Analysis and News Portal
With an eye towards the rapidly spreading coronavirus pandemic, Albany Airport has begun experimenting with the "Wellness Trace App" to track the cleanliness of surfaces and objects inside the airport.The app, developed by General Electric Co. (GE) in partnership with TE-FOOD and Eurofins, aims to provide a safe travel experience
Read MoreThe New York Department of Financial Services, or NYDFS, has released a lengthy report analyzing the impact of July’s high-profile Twitter hack, which resulted in the theft of over $118,000 worth of Bitcoin (BTC). Far beyond the immediate material impact, the NYDFS states that the incident exposed deep cybersecurity weaknesses of a publicly-traded
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July’s Twitter hack and ensuing bitcoin scam should impel corporates and even governments into more forcefully counteracting the “weaponization” of social media giants, New York State Department of Financial Services said Wednesday.“The Twitter Hack demonstrates, more than anything, the risk to society when systemically important institutions are left to regulate
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The New York Attorney General’s office is losing patience with Bitfinex and Tether. NYAG senior enforcement counsel John Castiglione filed a letter Monday ahead of a conference between the regulator and the two cryptocurrency firms arguing it is way time they complied with a 17-month-old document production order detailing financial information
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Crypto custody provider BitGo has filed paperwork with New York’s financial regulator to offer its services in the state. In an announcement Tuesday, the company said it was seeking approval from the New York State Department of Financial Services (NYDFS) to act as a trust in the jurisdiction. It plans, if approved,
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The University of York has confirmed that a ransomware attack from an unnamed gang took place in May. Vulnerabilities from their third-party service provider led to the data breach.According to an announcement via the University’s website, Blackbaud, one of the world’s largest customer relationship management systems for sectors such as
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A New York Supreme Court has found that veteran cryptocurrency exchange Bitfinex and its related stablecoin company Tether (USDT) must face claims they concealed the loss of commingled corporate and client funds.The claims were brought by New York Attorney General Letitia James, who has accused firms associated with Bitfinex and
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Last week, the New York State Department of Financial Services, or NYDFS, proposed changes around its state-wide BitLicense legal guidelines. Gemini, a crypto exchange calling New York home, sees the NYDFS' move as a positive.Gemini's chief compliance officer, Noah Perlman, told Cryptox:"The proposed conditional licensing framework is another step the
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New York, New York runs the show this week as
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Economists with the New York Federal Reserve do not think that bitcoin is a new kind of money. Bitcoin, the decentralized, permissionless, trustless digital value system that an anonymous programmer ginned up over a decade ago is “just another example of fiat money,” said Michael Lee and Antoine Martin in a
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