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The Japanese cryptocurrency exchange VC Trade, owned by SBI Holdings, has integrated new customer verification technology to meet the international standards of the FATF Financial Action Task Force. It is reported by CoinDesk. In particular, VC Trade integrates a solution called Sygna from CoolBitX. It is reported that now the exchange uses a customized version of the company's wallet, CoolXWallet, which allows […]

318 wallets contain more than $ 1 million in USDT stablecoins, which together account for about 80% of all issued coins. It is reported by Bloomberg with reference to a study by Coin Metrics. Coin Metrics co-founder Nick Carter noted that the largest holders of USDT are brokers working with Chinese investors and high-frequency traders, as well as cryptocurrency exchanges such as […]

The hacker group APT41 attacks companies in the areas of healthcare, telecommunications, fintech, media, and cryptocurrency exchanges. This activity is funded by the Chinese government, according to analysts specializing in cybersecurity company FireEye. Below is the direct link to the ungated report. https://t.co/yVSNMC17xX – FireEye (@FireEye) August 7, 2019 Experts believe that the victims of APT41 are industry participants, the development of which is a priority […]

Chris Reinertsen, marketing director for Rhythm Technologies, has joined experts who consider bitcoin to be one of the safeguards against risks associated with growing global uncertainty in traditional financial markets. The fact that the first cryptocurrency became a refuge for investors, he said in a conversation with Forbes. So, Reinertsen noted that more and more investors began to include bitcoin in […]

A hacker under the pseudonym Bnatov Platon claims that he was able to track down attackers who hacked the Binance bitcoin exchange in May. According to him, access to the API of users was provided to them by a person inside the company, whom Platon also identified. At the same time, the hacker supposedly has 60,000 files with the KYC data of Binance users. All this was found out by CoinDesk, which Platon […]

The decentralized autonomous organization Ventuary-DAO launched the eponymous crowdfunding application and selecting projects for the Waves Labs grant program. This was reported to ForkLog by representatives of the Waves Platform. Using the application, independent developers will be able to publicly apply for Waves Labs grants, and the community will support or criticize projects through voting on the blockchain. “The final decision on the grant […]

The European Central Bank (ECB) published a report entitled “Understanding the phenomenon of cryptocurrencies, risks and measurement problems”, which notes the need for continuous monitoring of the development of the crypto industry. In particular, ECB experts pointed out the need to improve and expand the cryptocurrency transaction monitoring tools by the “community of central banks”. One of the main problems for monitoring the processes occurring in the world of digital currencies are serious gaps […]

South Korean authorities will tighten control over local cryptocurrency exchanges, expanding the powers of the Financial Services Commission (FSC), reports Business Korea. Thus, the FSC unit, previously engaged in the preparation of recommendations for working with exchanges for banks, will now directly control trading platforms. Also, according to officials, the country will introduce a licensing system for exchanges that meets the recommendations of the Financial Measures Development Group […]

The authorities of the South Korean city of Seoul intend to launch the first administrative services based on the blockchain in November, reports CoinDesk with reference to local media. As part of the city blockchain system, it is planned to issue S-coin, a token that Seoul residents will be rewarded for using public services, for example, for paying taxes or participating in public opinion polls. Subsequently, they will be able to exchange S-coin […]