Security

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Regulations Round-Up: 21-Year-Old Arrested, Coinbase Files for Patent

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In recent news pertaining to cryptocurrency regulations, Alibaba and Tencent are collaborating with Chinese authorities to monitor and prevent peer-to-peer cryptocurrency trading via their respective mobile payments platforms, a 21-year-old has been indicted for operating an unlicensed cryptocurrency exchange, and Coinbase has filed with the U.S. Patent and Trademark Office for a mechanism designed to … Read more

IoT Hackers Could Hit a New Low By Targeting Water Supplies

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By hacking into fleets of vehicles, cardiac devices, and baby heartbeat monitors, we thought IoT hackers had already hit a new low. Beyond manipulating our data or draining our bank accounts, hackers can cause irreversible damage to our health. So, perhaps it shouldn’t come as a surprise that the next IoT hack on the horizon … Read more

Ripple Believes Its Cryptocurrency is More Decentralized Than Bitcoin

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Ripple Labs, Inc is big on decentralization right now. Stung by criticism that XRP is a centralized currency, and the very real risk that an ongoing lawsuit could see it ruled a security, Ripple has been on the offensive. Its latest effort to disambiguate Ripple the company and ripple the coin has seen Chief Technology … Read more

Korean Government: 11 out of 21 Crypto Exchanges Complete Security Measures

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The South Korean government has announced the outcome of its inspection of 21 cryptocurrency exchanges. While a number of exchanges have completed implementing both short-term and wallet management measures, many security vulnerabilities remain at most exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space 21 Exchanges Inspected South Korea’s government has announced the result … Read more

According to BIG, White-Collar Crime Could Double by 2028

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When the banks failed in 2008, our financial systems shifted. A decade on, one of our most nagging financial predicaments centers on virtual currencies and their (lack of) regulation. 2018 is showing promising steps forward in lawmaking for countries like Switzerland, Germany, Malta, and even the US. So, why does Vancouver-based intelligence firm BIG believe that … Read more