Dublin, December 5, 2024 — TRUST, a leading global Travel Rule solution spearheaded by Coinbase, announced the launch of TRUSThub, a platform designed to enhance compliance and collaboration among Virtual Asset Service Providers (VASPs). TRUSThub addresses the challenges of adhering to international regulations while fostering secure, efficient, and interoperable data sharing. The Travel Rule, an…
Dubai, UAE—November 28, 2024—Serenity, a blockchain-based technology provider, and IDEMIA Secure Transactions (IST), a leader in payment and connectivity solutions, have launched sAxess, a biometric card designed to improve security for digital assets and sensitive data. Combining Serenity’s blockchain expertise with IDEMIA’s advanced biometric smart card technology, the sAxess card offers enhanced access control, robust…
Safety Detectives researchers found security flaws in Microsoft Defender, Windows' built-in antivirus software, while investigating malware in an NFT game, according to a company report. The research, documented in the video “Microsoft Defender vs Malware: Is It Enough in 2024?”, revealed how the malware bypassed two-factor authentication (2FA) and compromised user systems, resulting in cryptocurrency…
It is quite reasonable to call 2018, the blockchain year. We
have been observing a wave of crypto and blockchain developments in pretty much
all sectors. Let it be ICO launchings, Venezuela planning to trade its oil for
Petro token, or US states competing with one another to wear the crown for the
most crypto-friendly state, the progress (as…
The U.S. Chamber of Commerce continues to focus on the initial coin offering (ICO) method of fundraising as it allows innovative enterprises to generate much-needed capital, however, the organization is calling for further guidance and possible regulation. The business lobbying group has reiterated some of the principles outlined at the launch of its FinTech Innovation Initiative…
The US Customs and Border Protection Agency has decided to test the advantages of the blockchain in order to substantiate the certificates granted by the Central American Free Trade Agreement (CAFTA) and the North American Free Trade Agreement (NAFTA). Vincent Annunziato, head of CBP’s Division of Business Transformation and Innovation, stated that the organization is live…
This news piece contains two stories from different sides from the world, which are interestingly connected. They both cover security and this shows how a lot of potential is seen in blockchain technology to enable increasing levels of said security.
Chinese information technology ministry prioritizes blockchains China will have its own technology laboratory dedicated to blockchain research,…
John McAfee, a computer programmer and founder of McAfee, launched a BTC wallet, named BitFi, and dished out a challenge for $250,000, claiming that the wallet happens to be unhackable. It should be noted that it created a great hype, given that BitFi is owned by one of the greatest internet security companies in the…
Earlier in July hackers successfully gained access to an internal wallet belonging to the Bancor platform and managed to steal $23.5 million worth of Ether, Pundi X, and Bancor tokens. This incident is one of many that appear with regularity in the crypto space and contribute to public skepticism of blockchain assets. Simply put, despite…
Recently, a massive wave of articles has been discussing the question whether Bitcoin was using too much electricity to be sustainable. Since Bitcoin's Proof-of-Work does use a great amount of power, questions arise if it is still the best and safest solution to secure a blockchain network? This article searches for the answer from…