Professional hacking group detected 43 vulnerabilities in crypto platforms LeapRate

March 20, 2019 BY Valentina Kirilova

Professional hacking group detected 43 vulnerabilities in crypto platforms

How can you economically determine if your crypto platform’s blockchain coding could be vulnerable to a major hacking compromise? The easiest way, it seems from a recent report, is to offer “bounties” to a group of professional hackers to scour the open-source code in the crypto universe for susceptible targets of entry, i.e., vulnerabilities. Various…

March 20, 2019 BY Valentina Kirilova

æternity and SatoshiPay partner to support smart contracts and for faster transaction scalability

æternity, an ecosystem for blockchain developers, yesterday revealed that it has secured shareholding in SatoshiPay having participated in the company’s latest funding round. Therefore, æternity will integrate the latter’s micropayments platform in its efforts to build a full stack value chain that serves blokchain developers. SatoshiPay’s latest funding round attracted the following investors: Daniel Masters…

G20 group adopts tough FATF KYC/AML rules: Debate is how to implement

March 20, 2019 BY Mariela Naydenova

Japan introduces stricter regulations for cryptocurrency margin trading

Japan is introducing new cryptocurrency margin trading rules, as reported by the Japanese news agency Nikkei on the 18thof March, 2019. The idea is to bring more “order” in the crypto space and all exchanges that fail to follow the new regulations will be closed. The new amendments to the Japanese payment and financial services…

March 20, 2019 BY Valentina Kirilova

BDSwiss Group opens new offices in the Philippines

BDSwiss Group has announced, during its 6th annual kick-off meeting, its expansion plans for 2019 and the opening of new offices in the Philippines. The BDSwiss Group has seen a 136.67% growth in trading volume during 2018, compared to 2017 according to data presented. There also was a substantial increase of 210.05% in the total…

Bankenverband,cryptocurrency,digital currency

March 20, 2019 BY Mariela Naydenova

REBGLO - new, ecological approach to crypto mining

The topic of crypto mining and its high ecological costs have been on experts' and investors' minds forever. The problem is that mining of cryptocurrencies often involves high electricity costs and even loss of valuable data. How does the mining exactly work? Each miner has to solve a mathematical problem (this happens in the matter…

March 20, 2019 BY Mariela Naydenova

IBM and Stellar - new partnership going all the way

IBM (NYSE:IBM) is going full force into blockchain and the new type of banking - one supported by cryptocurrencies. The tech giant is now onboarding six banks to issue stablecoins backed by fiat currency, all delivered through World Wire, which is an IBM payment platform that is built on the Stellar blockchain technology. These six…

March 19, 2019 BY Valentina Kirilova

Dukascopy launches the live trading of three new soft commodities

Dukascopy today revealed that it had initiated the live trading of 3 additional soft commodities (cotton, coffee, and orange juice), which it had promised on 26 February 2019. The complete list of the soft commodities currently available to Dukascopy clients is: Cotton (COTTON.CMD/USX) Coffee (COFFEE.CMD/USX) Orange Juice (OJUICE.CMD/USX) Sugar (SUGAR.CMD/USD) Cocoa (COCOA.CMD/USD) Dukascopy Bank allows…

March 19, 2019 BY Valentina Kirilova

As the SEC keeps blocking a Bitcoin ETF, will billions go elsewhere?

If there is one event that would send Bitcoin enthusiasts into absolute delirium, it would have to be the SEC’s approval of a highly anticipated Bitcoin exchange-traded fund (ETF). Jay Clayton, the chairman of the SEC, has never equivocated his position on the possibility of this ETF, even after a dozen or so of failed…

March 19, 2019 BY Valentina Kirilova

MoneyNetint launches an online payment app for tourists who get traffic tickets

The number of people driving while on vacation has grown exponentially in recent years, which has seen the number of cars being rented annually rise to about 120 million vehicles. This trend has resulted in 322,000 monthly Google searches (in 17 major countries including the UK, the USA and Hong Kong) regarding ‘online fines payments…

March 19, 2019 BY Valentina Kirilova

FCA warns against NB International firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company NB International. NB International is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…