Zoom alternatives may not be more private: a look at videoconferencing apps’ encryption schemes
Zoom may not have end-to-end encryption, but neither do other videoconferencing apps.
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security
Fidelity-backed Fireblocks offers institutional clients access to Compound's lending protocol
Crypto security firm Fireblocks has integrated with Compound to let clients earn passive interest through the latter's lending protocol
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IOTA Foundation expects to reactivate network by March 2 following $2M user wallet attack
The IOTA Foundation said Thursday that it will reactivate the IOTA network by March 2 in the wake of a user wallet attack.
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BitGo acquires token platform Harbor to expand into the digital securities space
BitGo has acquired token sales platform Harbor to expand from a cryptocurrency custodian to a full-stack service provider for digital assets.
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IOTA Foundation pauses network, says between $300K and $1.2M worth of tokens stolen from users of Trinity wallet
The IOTA Foundation has paused the network amid an investigation into an attack that resulted in losses for users of the Trinity wallet software.
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Poloniex requires password reset after account information leak
Cryptocurrency exchange Poloniex has enforced a password reset on users whose email addresses and passwords were leaked on Twitter. In an email dated Dec. 30, the exchange said that “someone” posted a list of email addresses and passwords on Twitter and claimed that they could be used to log in to Poloniex accounts. However, the […]
If you build a blockchain, will anyone come?
Paul Brody is the EY Global Blockchain Leader, driving EY initiatives and investments in blockchain technology across consulting, audit and tax business lines. Blockchains thrive as network systems. They allow companies to manage and track assets and complex interactions across large business ecosystems. This technology has been long overdue, because while companies themselves have transformed […]
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Securitize acquires Japanese consultancy firm BUIDL
Security token platform Securitize has acquired Japan’s blockchain technology consultancy firm BUIDL to expand the company’s influence in Asia. Established in 2018, BUIDL advises digital security projects in Japan on how to grow revenues and build a presence in the market. Co-founders include Securitize shareholder Global Brain and the CEO of blockchain payment company Omise, […]
Crypto asset manager CoinShares snags broker-dealer license, a move experts say is to strengthen its US presence
CoinShares Capital, an entity that appears to be owned by European asset-manager CoinShares, is now a registered broker under the Financial Industry Regulatory Authority (FINRA). The FINRA website shows that the New York-based firm recently underwent a name change from Group Capital to CoinShares Capital, and the broker-dealer is now registered under CoinShares’ Chief Strategy […]
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New bipartisan bill would classify 'managed stablecoins' as securities
Facebook’s Libra, along with many other stablecoins, could be classified as securities and subject to increased regulatory scrutiny if a group of lawmakers get their way. Two members of the House Financial Services Committee, U.S. Reps. Sylvia Garcia (D-Texas) and Lance Gooden (R-Texas), on Thursday introduced new legislation called the “Managed Stablecoins are Securities Act […]
The SEC kicks Kik back or: How to lose friends, spend money and aggravate regulators
Link to motion to dismiss Link to joint discovery letter If you’re litigator or trial lawyer, sometimes people will call you and say they want a “junkyard dog” to go fight for them. Sometimes they are just mad and need to be talked down to earth. Sometimes what they mean is that they want someone […]
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CFTC Chairman: a commodity can become a security and vice versa
The Commodity Futures Trading Commission (CFTC) chairman Heath Tarbert confirmed that a security can turn into a commodity and vice versa. Tarbert made this remark on Monday at DC Fintech Week, when asked about a comment he made earlier this month that ether is not a commodity. At the conference, Tarbert emphasized that the Securities […]
Telegram agrees to voluntarily halt token sales for now; argues that Grams are not securities
Telegram said that it has agreed to stop selling and delivering its Gram tokens, and an injunction is thus not needed, although the Securities and Exchange Commission (SEC) wouldn’t budge. In a filing dated Oct. 16, the messaging app said the SEC refuses Telegram’s offer to voluntarily halt the token sales for now. Instead, the […]
Chainalysis adds support for 10 ERC-20 tokens; support for XRP to be included
Blockchain analysis firm Chainalysis just added support of ten ERC-20 tokens to its signature AML solutions, as cryptocurrency firms ramp up its compliance effort amidst regulatory uncertainty. Announced on Thursday, the ten ERC-20 tokens include Maker, Dai, 0x, OmiseGo, Basic Attention Token, and others. Chainalysis will also provide on-demand services to add support tokens that […]
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A Conversation with Tom Lee, Managing Partner & Head of Research at Fundstrat Global Advisors
On this episode of The Scoop, Lee shared his thoughts on how the research business has evolved over the last 2 decades, why he doesn't think bitcoin is a macro-hedge and the largest roadblocks keeping big investors out of the market. We hope you enjoy the episode.
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Coinbase, Kraken and others develop a system to rate cryptocurrencies on likelihood they are securities
Cryptocurrency exchange operators, including Coinbase, Kraken, Circle (operator of Poloniex) and Bittrex, have developed a system to rate which cryptocurrencies are likely to be securities. According to a press release shared by Coinbase with The Block on Monday, the system will help the operators to decide which cryptocurrencies to list and not to list for […]
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Blockstack concludes first Reg A+ token offering with $15.5M
Blockstack PBC, the firm behind the Blockstack computing network and app ecosystem, announced on Tuesday that it raised $15.5 million from the first Securities and Exchange Commission (SEC)-approved token offering under Reg A+. The token offering lasted for 60 days and ended on Sept. 9. According to an SEC filing, the firm has sold over […]
Former ConsenSys Ventures head joins blockchain project to revive security token offerings
Former ConsenSys Ventures head Kavita Gupta has joined a blockchain project looking to breathe new life into the lethargic security token market, betting its offering will provide an alternative to the initial public offering process. Gupta will chair Dusk Network’s non-executive board. The Amsterdam-based firm developed a permissionless blockchain for companies to tokenize their equity […]
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Direct listings have become a darling of the stock market, and they might soon shake up the blockchain world
The U.S. stock market is in a bit of a pickle. It has nothing to do with the recent volatility in the market, precipitated by President Donald Trump’s headline-making trade war with China. The problem is the U.S. stock market shrinking as companies opt to stay private longer to avoid headaches associated with going public. […]
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"This issue is different": Huobi responds to user phone number leak following the alleged Binance KYC hack
Binance made headlines earlier this month after its users’ personal information was allegedly spread in a Telegram chat, but sources have told The Block that the problems facing the world’s largest cryptocurrency exchange might also hang over other crypto firms. Huobi, another crypto exchange with Chinese roots, appears to be in a similar boat as […]
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