Analysis

A Chinese espionage operator is attacking crypto firms during state-sponsored campaigns, according to a FireEye Threat Intelligence report published August 2. The intelligence company “assesses with high confidence” that APT41, a hacking collective, has moved on from financially motivated attacks of video game companies to working alongside the Chinese government. Reportedly, the hacker group “targets
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New Jersey’s Bureau of Securities has announced enforcement action against two state-based initial coin offerings. Today, Canadian and American regulators coordinated under the North American Securities Administrators Association (NASAA) and executed by New Jersey officials have issued emergency orders against Zoptax and UNOcall, two NJ-based ICOs. Part of “Operation Cryptosweep,” the Bureau of Securities alleges
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Amazon is seeking to integrate parts of its advertising business with a blockchain. The Seattle-based e-commerce giant is looking for a senior software engineer to join its “Advertising FinTech team focused on a Blockchain ledger,” according to a recent job posting. This new team, based in Boulder, Colorado, will be focused on billing and reconciliation systems to
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The Seoul Metropolitan Government will establish its first blockchain-based administrative services in November, according to a report in the Korean-language blockinpress. At a conference held last month and attended by city officials and representatives of the private sector, specifics of the roll out were discussed, with timelines and goals established. The meeting seemed to revive
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North Korean leader Kim Jong Un is reportedly finances for North Korea’s nuclear program by targeting cryptocurrency exchanges and financial institutions. | Source: KCNA). KCNA/via REUTERS A confidential United Nations report has revealed that North Korea raked in approximately $2 billion by hacking cryptocurrency exchanges as well as mainstream financial institutions, according to Reuters. The
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Japanese crypto exchange Bitpoint is resuming some trading services following a $28 million hack in mid-July. Bitpoint is re-opening cash deposits and withdrawals in fiat currencies on August 6th following a safety assessment of the exchange’s cryptocurrency wallet. According to CoinDesk Japan, the hacked wallet is no longer in use and therefore not under threat.
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Binance Research made the specious claim that the that latest bitcoin price spike was caused by President Donald Trump’s tariff rhetoric. | Source: NICHOLAS KAMM / AFP (i), Shutterstock (ii). Image Edited by CCN. Binance Research, the research arm of the world’s largest crypto exchange, claims that President Donald Trump caused the latest bitcoin price
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Shinhan Financial Investment will soon be offering peer-to-peer (P2P) stock lending via the blockchain. When the new service is introduced this year, individuals will be able to borrow and lend securities with other individuals directly, rather than going through an intermediary. The Economic News and other local Korean media reported the news. Securities lending and borrowing transactions are
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Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in crypto assets. Sign up here. Celebrating the 75th anniversary of the Bretton Woods conference is
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Bitcoin.com announced it will launch a crypto exchange called Exchange.Bitcoin.com. This is the latest addition to a suite of products Bitcoin.com provides beyond their news service. The company has also developed a crypto casino, a wallet, and a P2P bitcoin cash exchange, aimed at furthering the utility of the forked alternative to bitcoin. “While our company
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