My traumatic Apple ID hack showed pitfalls of centralized identity
A breach of your Apple ID can leave you all but helpless to prevent attackers from poring over and stealing the contents of your life.
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Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report
The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation. 1609 Total views 13 Total shares Own this piece of history Collect this article as an NFTThe Swiss National Bank (SNB) and Switzerland’s financial regulator reportedly believe that the acquisition of…

BlackRock sets spot Ether ETF fee at 0.25% amid rush of S-1 filings
BlackRock’s iShares Ethereum Trust will start at a 0.12% fee until 12 months passes or after it amasses $2.5 billion in net assets, whichever comes first.

OCC makes its staff available for fintech-related discussions
The announcement of one-on-one discussions with the OCC followed the department saying it planned to establish an Office of Financial Technology starting in 2023. 169 Total views 6 Total shares The United States Office of the Comptroller of the Currency, or OCC, has announced its representatives will be available on a one-to-one basis to discuss…

IOTA completes EU blockchain pre-commercial phase
IOTA completes the final phase of the European Blockchain PCP, setting the stage for scalable, sustainable and secure blockchain infrastructure across the European Union.

KuCoin suspends Bitcoin and Litecoin mining pools
"We deeply regret any inconvenience this might cause and we remain grateful for your unwavering support and understanding," the exchange wrote. 614 Total views 1 Total shares KuCoin's Bitcoin (BTC) and Litecoin (LTC) mining pools will be suspended from 16:00:00 on Aug. 15, 2023 (UTC) until further notice. The exchange said the decision was "in line…

Bitcoin Hovers Near 6,600, While Most Top Coins See Little Price Volatility
Friday, Oct. 5: cryptocurrencies are seeing little volatility over the past 24 hours to press time, with the majority of losses and gains of top coins capped within a 1 percent range on the day, as data from Coin360 shows.Market visualization by Coin360Ripple (XRP) is the only outlier in the top ten coins, down a…

Brazil could have CBDC in two years, says central bank president
A central bank digital currency in Brazil may be inevitable. The president of Banco Central — Brazil’s central bank — has announced Brazilians could expect to see a central bank digital currency before 2023. According to a Sept. 2 report from news outlet Correio Braziliense, Brazil could be ready for a central bank digital currency (CBDC)…

AI unlikely to destroy jobs, but cost to certain workers may be ‘brutal’ — UN study
Generative AI is more likely to complement existing jobs than take over them entirely, though certain roles such as clerical work — could see more of their tasks automated than others. According to an Aug. 21 Generative AI and Jobs study by the International Labour Organization (ILO) — a United Nations agency — 24% of clerical tasks…