cybersecurity

Tribe Accelerator, Supported by Singaporean Govt, Allocates $16 Million for Blockchain Startups

December 12, 2019
Tribe Accelerator was supported by the government of Singapore via Enterprise Singapore and they are in the news once again. Tribe was able to successfully raise an extra $16 million (21.5 million Singapore dollars). The fund is for blockchain startups that have been seen as active. Brilliant Moves The funds specifically are for a set

Cybersecurity Biometric Project Keyless Secures Over $2 Million, Ripple Xpring as An Investor

November 6, 2019
London-based cybersecurity startup Keyless raises over $2.2 million in funding to further its private key security product using encrypted biometric data, attracting Ripple, LuneX, Blockchain Valley Ventures and gumi Cryptos Capital Keyless received investments from LuneX, Blockchain Valley Ventures, and others Ripple believes that this type of cybersecurity could be helpful to the cryptocurrency industry

Financial Regulator in New York Hiring Specialist in Blockchain and Crypto

October 11, 2019
The Department of Financial Services in New York state recently announced it is hiring a Deputy Superintendent for the Research and Innovation Division. They are looking for a person with a background in blockchain and cryptocurrency. The person hired will be leading policy decisions as well as regulating markets that are innovative and emerging. Some

Crypto Security Platform Fireblocks Now Supports 5 More Exchanges

September 13, 2019
Digital asset cybersecurity startup Fireblocks announced that it now supports five more cryptocurrency exchanges, bringing the total number of covered platforms to 20. According to the official announcement, with this release, market makers, prop traders and OTCs have a simple and secure unified workflow for securing assets in motion between 20 different exchanges. The release

Korea’s Oldest Bank Is Building a Blockchain-Based Security System

August 20, 2019
South Korea’s oldest bank, Shinhan Bank, partnered with two other companies to develop a blockchain-based security solution. Korea’s Shinhan bank to enhance security with blockchain According to a report published on Aug. 14 by local news outlet The Korea Times, Shinhan Bank signed a memorandum of understanding with financial technology startup Ground X and blockchain

Crypto Mining Malware is Giving Way to New Cybersecurity Concern

August 8, 2019
Cybercriminals are generally unrelenting in their efforts and usually find one way or another to achieve their aim. In the last few months, the sector has been hit with reported cases of ransomware, with some cities in the U.S. having their computers and networks hacked and forced to part with thousands of dollars in Bitcoin

Crypto Valley Association and PwC Report: IEOs, ICOs and STOs Generate $3.3 Billion in 2019

July 17, 2019
Report from the Crypto Valley Association and Price Water Corporation on ICO and STO in the first quarter of 2019, indicates in their study that well over 240 token sales went live during the period under review and have gulped around $3.3 billion. Fundamental Change The cryptocurrency market in 2019 is enjoying a smooth ride, the prices

G20 Leaders Reaffirm Position on Cryptocurrencies in Statement 9167

July 9, 2019
G20 leaders reaffirmed their previous stance towards cryptocurrencies in a declaration following the G20 Summit in Osaka on June 29 In the declaration, the G20 leaders state that cryptocurrencies do not currently constitute a threat to monetary stability, and that technological innovation can deliver significant benefit to the economy. The participants also welcome the ongoing work on those assets by

Report: Record-Breaking Coincheck Hack Perpetrated by Virus Tied to Russian Hackers

June 24, 2019
The personal computers of employees at hacked Japanese crypto exchange Coincheck have allegedly been found to have been infected by a virus associated with a hacker group of Russian origin. The allegation was reported by Cointelegraph Japan on June 16. As Cointelegraph has reported, in January 2018, Coincheck suffered an industry record-breaking hack when $534 million worth of NEM was stolen from its wallets. Cointelegraph Japan cites a report

Pakistan’s Central Bank Aims to Issue Its Own Digital Currency by 2025

April 10, 2019
Jameel Ahmad, the deputy governor of the State Bank of Pakistan (SBP), the nation’s central bank, declared that the institution aims to issue a digital currency by 2025, Pakistani YouTube news channel Public News reported on April 1. English-language local media Dawn also reported today that Asad Umar, Pakistan’s finance minister, prompted the official’s statement during a ceremony celebrating the launch of Electronic Money