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Could Twitter Bitcoin Hack Have Been Prevented? Twitter Faces Heat From SEC
There is ongoing speculation that the massive Bitcoin hack that overtook Twitter on July 15 could have been prevented if Twitter CEO Jack Dorsey and his multi-billion dollar social networking company had taken matters into their own hands and addressed the security concerns outlined by the Securities Exchange Commission (SEC) in 2015.
Chess Grandmaster Garry Kasparov Supports Bitcoin as Tool for Human Rights and Financial Autonomy
Chess Grandmaster and rising human rights advocate, Garry Kasparov, sees cryptocurrencies like Bitcoin and Ethereum as a way to fight tyranny and restore liberal democracies.
HSBC Chief Legal Officer Stuart Levey Gets Appointed as Libra’s New CEO, Expert in Dealing with Regulatory Backlash
The Libra Association appointed its first CEO, Stuart Levey, the Chief Legal Officer at HSBC Holdings. Levey will be overseeing the Libra digital currency and payments system and holds a strong compliance track record and is expected to join Libra in the coming months. However, HSBC has not shown the same upright compliance record. Levey is also expected to “combine technology innovation with robust compliance and regulatory framework.” The Facebook-led project has invited scrutiny from global regulators, with concerns over its threat to national sovereignty with its potential launch. Many of Libra’s original members, including Vodafone, PayPal, and Visa have also chosen to leave the association.
Permissionless Blockchains fit the Business World's Needs
R3 CTO Richard Brown recently published an interesting article. Among other issues, the story states explicitly permissionless blockchains have probabilistic confirmation of transactions. We want to clarify several parts of this problematic statement by describing how Concordium solves some of the challenges for Permissionless Blockchains.
Bitcoin Adoption is the Ultimate Protest Against Government and State Abuse of Freedoms
As protests break out across the globe against state and central authorities, are the protesters overlooking their best and most potent weapon in Bitcoin? Bitcoin in essence, was built for protest and could potentially destabilize the central source of power for our governments—control over traditional financial systems.
Russian Cybercriminals Sanctioned by DoJ for Crypto Laundering Scam Generating More than $16.8M
TheDoJ has sanctioned two Russian nationals for their cybercrimes, where millions in cryptocurrency were accumulated through scamming and phishing schemes.
U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls
U.S. regulators have issued a strict warning on money laundering risks associated with stablecoins and has warned providers to tighten AML protections and controls.
Blockchain: The Trust Alternative to the History of US National Credit?
A conscientious look over the last few centuries would reveal that the brief history of the United States is riddled with national credit defaults. In all these instances, the people and the businesses relying on the fiscal value agreements they had made with the Central credit agency found their trust hopelessly misplaced. How can blockchain be leveraged to break the cycle of U.S. National Credit Default?
Harbor Becomes First Blockchain Company to Hold Both Transfer Agent License and Brokerage License
Harbor, a digital assets firm for security token issuance, has been granted a transfer agent license by the United States Securities and Exchange Commission.
Ethereum Tapped by Reddit to Bring Blockchain and Scaling Technology to the Online Forum
Ethereum will be leveraged by Reddit, bringing blockchain technology to the online network for the first time ever through their partnership.
Telecom Argentina Hit By Ransomware attack: Hackers Demand $7.5 Million Monero
Cyber attackers are demanding Monero ransom worth $7.5 million after taking control of Telecom Argentina’s internal network.
Why Bitcoin is Popular among Investors
The number of forums where people are discussing Bitcoin trading and investing has increased over recent years. More companies and individuals are also interested in Bitcoin trading and investing.