NEWS Feed 

Chinese BSN platform adds support for Algorand, ShareRing and Solana

Chinese BSN platform adds support for Algorand, ShareRing and Solana

Posted by  on  17/09/2020
Comments Off on Chinese BSN platform adds support for Algorand, ShareRing and Solana
China National Platform Blockchain Service Network (BSN) has added support for Algorand, ShareRing and Solana blockchains. The BSN project is a blockchain-based universal “hub” for developers of decentralized applications, which is supported by the State Information Center of China. Yifan He, CEO of Red Date Technology, which helped build BSN, said the platform has moved into a second phase of open network integration. Previously, BSN added support for Ethereum, EOSIO, Tezos, Neo, Nervos and IrisNet
Fisco accuses Binance of failing to prevent money laundering of stolen BTC

Fisco accuses Binance of failing to prevent money laundering of stolen BTC

Posted by  on  16/09/2020
Comments Off on Fisco accuses Binance of failing to prevent money laundering of stolen BTC
The company Fisco, which owns the Zaif exchange, which was hacked and stolen 6,000 BTC in 2018, sued the Binance cryptocurrency exchange for “complicity” in laundering some of the stolen bitcoins. Shortly after 6,000 BTC worth $ 60 million were stolen from the Zaif exchange at the time of the 2018 hack, hackers sent 1,451 BTC to one of Binance’s addresses, according to a complaint filed by Fisco in the Northern California District Court. After
Indian startup EPNS created push notification protocol for dApps on Ethereum

Indian startup EPNS created push notification protocol for dApps on Ethereum

Posted by  on  16/09/2020
Comments Off on Indian startup EPNS created push notification protocol for dApps on Ethereum
An Indian startup has created a decentralized Ethereum Push Notification Service (EPNS) notification protocol that allows dApps to send pop-up notifications to users. EPNS founder Richa Joshi said the project team developed the protocol after discovering striking similarities between how applications worked in the early days of the Internet and how they work on Web 3.0. She explained that Gmail or Orkut didn’t send notifications at first. Users had to check every time if they
US Prosecutors Office indicted the operator of the cryptocurrency pyramid Argyle Coin for $ 25 million

US Prosecutor’s Office indicted the operator of the cryptocurrency pyramid Argyle Coin for $ 25 million

Posted by  on  15/09/2020
Comments Off on US Prosecutor’s Office indicted the operator of the cryptocurrency pyramid Argyle Coin for $ 25 million
The head of the Argyle Coin cryptocurrency pyramid, which offered investments in diamonds, has been charged with fraud. The US Federal Attorney’s Office of South Florida accused Jose Angel Aman of electronic fraud while running a cryptocurrency scheme offering diamond investments. According to the investigation, from May 2014 to May 2019, Aman and his partners urged people in the United States and Canada to invest in contracts for the purchase of diamonds. They promised investors
FATF Formulated Signs of Suspicious Activity of Cryptocurrency Users

FATF Formulated Signs of Suspicious Activity of Cryptocurrency Users

Posted by  on  15/09/2020
Comments Off on FATF Formulated Signs of Suspicious Activity of Cryptocurrency Users
The FATF recommends that regulators and exchanges create profiles of cryptocurrency users to detect criminal activity. The Financial Action Task Force (FATF) said in its report on Monday that it has identified certain behaviors and characteristics of cryptocurrency users that may be considered suspicious. Such models can be applied by regulators when detecting illegal transactions. One of the main methods suggested in the report is to compare the user’s transaction activity with that in their
EU plans to tighten regulation of stablecoins

EU plans to tighten regulation of stablecoins

Posted by  on  14/09/2020
Comments Off on EU plans to tighten regulation of stablecoins
As the Executive Vice President of the European Commission Valdis Dombrovskis said, the European Union plans to issue stricter laws to regulate stable cryptocurrencies. On Friday, September 11, finance ministers from several countries, including Germany and France, called for tighter regulation of stablecoins in the region. Already on September 12, Valdis Dombrovskis issued a statement that officials are aware of the problem and are preparing a bill to regulate stable cryptocurrencies. He emphasized: “Some ministers
The developer has discovered a vulnerability in the Ethereum 2.0 testnet

The developer has discovered a vulnerability in the Ethereum 2.0 testnet

Posted by  on  14/09/2020
Comments Off on The developer has discovered a vulnerability in the Ethereum 2.0 testnet
Jelurida co-founder Lior Yaffe claims to have discovered a potential vulnerability in the Ethereum 2.0 testnet – low staking participation could allow the whales to disable the network. Jelurida co-founder and lead developer of the Ardor and Nxt blockchains Lior Yaffe discovered a vulnerability in Ethereum 2.0. As a reminder, the blockchain is currently running on Medalla and other testnets to check for problems. Yaffe considered a situation where the level of participation in staking
Major banks postponed launch of Utility Settlement Coin until 2021

Major banks postponed launch of Utility Settlement Coin until 2021

Posted by  on  11/09/2020
Comments Off on Major banks postponed launch of Utility Settlement Coin until 2021
The launch of the Utility Settlement Coin (USC) project, supported by major commercial banks, has been postponed until 2021 pending regulatory approval. Last June Barclays, Banco Santander, Credit Suisse Group AG and ten other largest banks in the world announced a $ 63 million investment in the Utility Settlement Coin project. The USC project partners became the founding shareholders of a new commercialization firm called Fnality International. As previously reported, the USC platform aims to
Australian researchers report blockchain privacy concerns

Australian researchers report blockchain privacy concerns

Posted by  on  11/09/2020
Comments Off on Australian researchers report blockchain privacy concerns
Researchers from the University of South Australia have concluded that blockchain technology needs to be improved to improve user privacy. The research results, described in a blog post from the University of South Australia, show that the features that make the blockchain secure pose privacy concerns for users, especially in line with new European standards. The study was conducted by advanced technology researcher Dr. Kirsten Wahlstrom in collaboration with Dr. Anwaar Ulhaq and Professor Oliver
DGen report: at least three countries will release government cryptocurrencies by 2030

DGen report: “at least three countries will release government cryptocurrencies by 2030”

Posted by  on  10/09/2020
Comments Off on DGen report: “at least three countries will release government cryptocurrencies by 2030”
Dutch non-profit organization dGen says in its report that three or more nations will replace their fiat currencies with digital ones by 2030. DGen, an independent non-profit research institute focused on blockchain research, has released a report examining the issue of government cryptocurrency issuance. The report, sponsored by the European Central Bank (ECB), Standard Chartered Bank and the Frankfurt School of Management and Finance, has made some important predictions about the impact of government cryptocurrencies