Security Financial News
03.10 / 15:57
regulation
Investments
SEC
security
Kim Kardashian pays SEC $1.26 million to settle EthereumMax charge
American socialite Kim Kardashian will pay $1.26 million in penalties for her involvement in the promotion of a cryptocurrency scheme called EthereumMax (EMAX).
29.09 / 09:07
Law
regulation
security
Terra
WSJ: Terraform Labs claims case against Do Kwon is ‘highly politicized’
Terraform Labs, the company behind the development of the Terra (LUNA) blockchain said South Korea’s case against its co-founder Do Kwon has become political, alleging prosecutors expanded the definition of a security in response to public pressure.
29.09 / 09:07
business
SEC
security
lending
Nexo ‘surprised’ by state regulators' actions, says co-founder
Kalin Metodiev, the co-founder and managing partner of crypto lender Nexo stated his firm was “surprised” by the way in which eight state regulators publicly took action against it for securities violations.
28.09 / 20:57
business
Blockchain
security
CertiK says SMS is the 'most vulnerable' form of 2FA in use
Using SMS as a form of two-factor authentication has always been popular among crypto enthusiasts. After all, many users are already trading their cryptos or managing social pages on their phones, so why not simply use SMS to verify when accessing sensitive financial content?
28.09 / 17:55
business
security
dutch
Backlog for Dutch asylum applicants as high as during the 2015 migrant crisis
The backlog of asylum applications in the Netherlands is almost as high as during the 2015 refugee crisis, according to new data.
27.09 / 19:27
business
security
Funding
Venture Capital
Crypto-focused MPC developer raises $40M
Multi-party computation (MPC) developer MPCH Labs has concluded a Series A funding round totaling $40 million ahead of the planned launch of its Fraction digital asset operating platform later this year.
27.09 / 01:42
Provident
regulation
Action
security
California files order against Nexo interest account, says it’s 8th state to take action
The California Department of Financial Protection & Innovation (DFPI) has filed a desist and refrain order against crypto lending platform Nexo as part of its ongoing investigation of companies offering interest-bearing crypto assets accounts. The agency claims it is joining regulators from seven other American states in taking action against the company. The other states involved are Kentucky, New York, Maryland, Oklahoma, South Carolina, Washington and Vermont, according to CNBC.
26.09 / 16:25
business
Adoption
security
Banks
Institutional crypto custody: How banks are housing digital assets
Until 2020, most of the crypto market action was largely driven by retail enthusiasm. It was only around August 2020 that institutions started to participate meaningfully in this asset class. As the United States Federal Reserve unleashed trillions of dollars of liquidity into the market during the COVID-19 pandemic, retail and institutional investors jumped onto the cryptocurrency bandwagon.
23.09 / 21:55
Government
regulation
security
Pentagon contracts with Inca Digital for a security-focused digital asset mapping tool
Digital asset data analytics company Inca Digital will study the implications of digital assets for national security under a year-long contract with the Defense Advanced Research Projects Agency (DARPA), the company announced on Friday. DARPA is the R&D branch of the United States Department of Defense.
20.09 / 17:23
Blockchain
Binance
security
Scams
BNB Chain launches a new community-run security mechanism to protect users
BNB Chain, the native blockchain of Binance, has launched AvengerDAO, a new community-driven security initiative to help protect users against scams, malicious actors and possible exploits.
16.09 / 07:57
Ethereum
CFTC
SEC
security
Ether staking could trigger securities laws — Gensler
Ethereum’s upgrade to proof-of-stake may have placed the cryptocurrency back in the crosshairs of the Securities and Exchange Commission (SEC).
16.09 / 00:07
CFTC
coinbase
security
Senate
Industry reps suggest improvements to Stabenow-Boozman crypto regulation bill
Representatives of the crypto community shared their responses to the proposed Digital Commodities Consumer Protection Act (DCCPA) on Sept. 15. Speaking at the second panel of a hearing held by the Senate Agriculture Committee, invited speakers praised the bill as a whole, but had recommendations for improvement.
07.09 / 13:07
regulation
security
guidelines
South Korean regulators to prepare guidelines for security tokens in 2022
Guidelines for security tokens in South Korea will be announced by the end of 2022. Simultaneously, the pilot market with a regulatory sandbox will be launched before the formal institutionalization.
05.09 / 14:31
05.09 / 09:35
business
Blockchain
Cybersecurity
security
Crypto app targeting SharkBot malware resurfaces on Google app store
A newly upgraded version of a banking and crypto app targeting malware has recently resurfaced on the Google Play store, now with the capability to steal cookies from account logins and bypass fingerprint or authentication requirements.
02.09 / 13:15
01.09 / 23:15
business
privacy
security
Decentralized Exchange
Crypto users
Crypto users push back against dYdX promotion requiring face scan
Many users on social media have been lambasting decentralized exchange dYdX over the identification verification process to receive a sign up and deposit bonus of $25.
31.08 / 10:45
30.08 / 04:17
Blockchain
Cybersecurity
security
FBI
FBI issues alert over cybercriminal exploits targeting DeFi
The U.S Federal Bureau of Investigation (FBI) has issued a fresh warning for investors indecentralized finance (DeFi) platforms, which have been targeted with $1.6 billion in exploits in 2022.
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