North Korean cyberattacks on Brazilian fintech firms exposed

Major global investment bank JPMorgan has developed a new blockchain-based solution for derivatives designed to speed up cash and collateral transfers. The tool was developed in partnership with California-based fintech firm Baton Systems and aims to enable the real-time movement of transfers to multiple clearinghouses, the firm announced Nov. 14.The current process requires collateral custodians…

Over $240 million in proceeds from the alleged crypto scheme PlusToken have reportedly moved through four Bitcoin (BTC) transactions.Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — posted on Aug. 17 that four transactions totaling 22,923 BTC were likely the proceeds of PlusToken.The four transactions moved 6,000 BTC, 5,000 BTC, 7,000…

The postal service of the autonomous territory of the Faroe Islands has become the latest national postal service to issue a collection of NFT collector stamps. 335 Total views 22 Total shares The Faroe Islands have issued a new series of digital “crypto stamps,” with a digital copy stored on the blockchain as a nonfungible…

Multiple factors have driven the development of artificial intelligence (AI) over the years. The ability to swiftly and effectively collect and analyze enormous amounts of data has been made possible by computing technology advancements, which have been a significant contributing factor. Another factor is the demand for automated systems that can complete activities that are too…

Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims. 76 Total views 1 Total shares Cryptocurrency exchange Gemini filed an adversary proceeding against bankrupt crypto lender Genesis Global Holdco in the Southern District of New York Bankruptcy Court on Oct. 27. At issue

ADA falls from the top 10 list of largest cryptocurrencies as competing blockchains see an uptick in users. 

Bitcoin's (BTC) last daily close above $45,000 was 66 days ago, but more importantly, the current $39,300 level was first seen on Jan. 7, 2021. The 13 months of boom and bust cycles culminated with BTC price hitting $69,000 on Nov. 10, 2021.It all started with the VanEck spot Bitcoin exchange-traded fund being rejected by…

Singapore, Malaysia, the UAE, France, Benelux countries, Nepal and the U.K. have adopted the NPCI’s UPI payments system to varying degrees. 367 Total views 13 Total shares The National Payments Corporation Of India (NPCI) — an initiative led by the Reserve Bank of India (RBI) and 247 Indian banking companies — is on the lookout