Speculation looms over SEC leadership under Trump as rhetoric escalates
US Securities and Exchange Commission Chair Gary Gensler has not announced he will leave the commission, nor has Donald Trump suggested a possible replacement.
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The next big crypto market could be fantasy sports, says Messari
Desperate for viewership dollars, traditional sporting leagues may soon turn to fantasy sports to boost fan engagement. 816 Total views 9 Total shares As “digitally native” ecosystems like esports continue to synergize with blockchain technology, industries like fantasy sports could be primed for mass adoption, says digital research firm Messari. In a newly published report, researcher…
Copper Becomes Latest Crypto Firm to Use Signature Bank’s Signet
The integration of Signature Bank’s Signet will allow Copper’s customers to instantly pay and settle transactions in U.S. dollars and other fiat currencies. 431 Total views 17 Total shares United Kingdom cryptocurrency custodian Copper announced support for United States dollar transfers through Signature Bank’s Signet blockchain payment platform.According to an announcement on July 20, the…
Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic
The blockchain forensics firm said cross-chain bridges provide an "unregulated alternative" to exchanges for transferring value between blockchains. 115 Total views 3 Total shares Cross-chain bridges have been the target of more than a few hacks this year, but new data from blockchain analytics provider Elliptic alleges one has been used to launder over half…
Crypto businesses struggling to fill job openings amid industry expansion
Crypto firms pursuing global expansion agendas are having to compete to attract the limited number of top talent to fill job positions. The skills shortage among crypto’s specialized workforce is causing significant competition among businesses to secure the right talent for their organizations.According to Bloomberg, crypto firms are finding it somewhat difficult to find the…
Unknown Cybercrime Gang Holds Thousands of Databases For Ransom
MongoDB suffered a “Wiping & Ransom” attack that wiped around 22,900 unsecured databases. 1335 Total views 30 Total shares Cross-platform database company, MongoDB, is the latest victim of a cybercriminal attack. This attack has infiltrated 22,900 unsecured databases by wiping their contents. The gang behind the attack has since requested Bitcoin (BTC) payments in exchange…
UN report says North Korea behind $281M exchange hack to fund nukes
A preliminary report from a United Nations inquiry suggests North Korea is using the proceeds from crypto hacks to funds its weapons programs. 3784 Total views 15 Total shares The United Nations has accused the North Korean state of stealing $281 million worth of crypto from an exchange during September 2020.According to Reuters, the findings…
US Navy Bets $9.5M on Blockchain to Keep Messaging Secret
The Naval Air Warfare Center, a California-based research group of the U.S. Navy, has given blockchain software startup Simba Chain nearly $10 million to put a secure messaging platform in play. “The platform will be up this year, with on going updates over the next 4 years,” Simba Chain CEO Joel Neidig told Cointelegraph in a…
‘Not Everyone Is Happy but We Have to Move on,’ Some Challenges to the FATF’s New Guidance
“Travel rule” was a term frequently heard at the V-20 Summit, which took place in parallel with the G-20 meeting in Osaka, Japan from June 28 to 29. Regulators and Virtual Asset Service Providers (VASPs) — such as exchanges from different countries — met in Osaka for two days and discussed how to implement the…