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Silo Finance Launches Risk-Isolated Lending Markets on Injective (INJ)

Silo Finance Launches Risk-Isolated Lending Markets on Injective (INJ)

Silo v3 brings isolated lending vaults to Injective (INJ)with a unique collateral-debt swap mechanism that protects lenders when DEX liquidity fails.

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

World Sustainability Organization Adopts Blockchain-Based Virtual Audits to Curb COVID-19 Spread

With coronavirus (COVID-19) prevention measures necessitating self-isolation and social distancing, Friend of the Sea (FOS), a World Sustainability Organization’s project for seafood certification, has embraced blockchain-enabled virtual audits to mitigate the expansion of this pandemic. As a result, FOS has eradicated onsite scrutinies because safety is of the essence during these trying times.

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.

CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam

CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam

CipherTrace, a cryptocurrency intelligence company, has introduced a predictive risk-scoring model to instantly avert money laundering of cryptocurrencies from ransomware attacks and theft.

Risk Assurance Group and Telecom Analytics Provider Combat Fraud with Blockchain

Risk Assurance Group and Telecom Analytics Provider Combat Fraud with Blockchain

Subex, a notable telecom analytics solution provider, has partnered with the Risk & Assurance Group (RAG) for blockchain-enabled fraud management solutions.

Miss Finland: Most Women Stay Away From Bitcoin Because of Its Risk

Miss Finland: Most Women Stay Away From Bitcoin Because of Its Risk

Miss Finland a strong female supporter of cryptocurrency says that women tend to stay away from Bitcoin due to its high-risk level, hence its low popularity among women.

MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk

MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk

The share plunge of the cryptocurrency market has severely hit MakerDAO, the leader in the decentralized finance (DeFi) ecosystem. Last week its market value fell sharply from 889M to $246M which brought together Maker’s developer community who have recently discussed adding support for Circle’s USDC as collateral to hedge against the liquidity risk.

Consensys Report: CBDC are Risk-Free Compared to Facebook Libra

Consensys Report: CBDC are Risk-Free Compared to Facebook Libra

In a recent white paper entitled Central Banks and the Future of Digital Money—Consensys offers an insightful and practical overview of the potential and risks of CBDC. The research paper also offers an example of how the Ethereum blockchain can be leveraged to design and build a CBDC and takes a deep dive into what the practical implementation of a CBDC would require.

Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum

Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum

In the face of global isolation from international financial systems and imposed US sanctions on state-run PSDV (Petroleos de Venezuela S.A.) , Venezuelan’s Central Bank is looking to explore Bitcoin and Ethereum payment systems.

Kraken CEO Reveals Why It Is a Huge Risk for Crypto Exchanges to List XRP

Kraken CEO Reveals Why It Is a Huge Risk for Crypto Exchanges to List XRP

Kraken CEO Jesse Powell has addressed Ripple’s legal woes with the Securities and Exchange Commission (SEC) over XRP.

U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls

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.

Blockstack Breaks New Ground with Proof of Transfer (PoX) Consensus Mechanism, like PoS Without the Risk

Blockstack Breaks New Ground with Proof of Transfer (PoX) Consensus Mechanism, like PoS Without the Risk

Blockstack recently released a white paper for a new blockchain consensus mechanism called Proof of Transfer (PoX). The mechanism is for blockchains piggybacking off the Bitcoin blockchain or other PoW networks, and would require miners to commit BTC to secure the block rather than proof of work.

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