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DMM Group, the Japanese e-commerce giant, reveals plans to mine Bitcoins
Sep 09,2023
DMM Group, the Japanese e-Commerce giant, recently unveiled plans to mine Bitcoins, aiming to become one of the world's largest mining farms. The details of the plan will likely be revealed in the beginning of 2018, but DMM has already established a ...
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Organisations of Europol and INTERPOL established a working group on money laundering with digital currencies
Sep 09,2023
Internet technologies become continuously more advanced, and so do the ways in which criminals utilise them for their illicit and illegal activities. Among these technologies, digital currencies are already transforming the criminal underworld. There...
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IMF releases paper on policy and regulation for crypto-assets, commissioned by G20
Sep 07,2023
The International Monetary Fund (IMF) and the G20's Financial Stability Board (FSB) have released a joint paper outlining policy and regulatory recommendations to address the risks associated with crypto-assets. In the report, the IMF recognize that ...
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Researchers find security flaws in IOTA cryptocurrency
Sep 07,2023
Researchers at the Massachusetts Institute of Technology (MIT) and Boston University have released areport outlining security flaws in IOTA, a cryptocurrency that supports Internet of Things transactions. Currently the eighth largest cryptocurrency b...
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Visa expands stablecoin settlement capabilities to Solana blockchain
Sep 06,2023
Visa, a global leader in payments, is taking steps to modernize cross-border money movement by expanding its stablecoin settlement capabilities to the high-performing Solana blockchain. The company is collaborating with merchant acquirers Worldpay an...
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Seoul plans new cyber bill to target North Korean illicit crypto assets
Sep 05,2023
It is reported that South Korea is planning to come out with new cybersecurity legislations to thwart North Korea's illegal crypto asset trade. South Korean high-ranking government officials view that cryptocurrency has been facilitating North Korea'...
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PM Modi calls for an international cyber convention
Sep 04,2023
Indian Prime Minister Narendra Modi has cautioned against terrorists using the darknet, metaverse, and cryptocurrency for their malicious purposes and underscored the necessity of global cooperation in combatting cybercrimes during an interview with ...
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Data of 130 million Chinese hotel clients being sold on Dark Web for 8 Bitcoins
Sep 04,2023
The media reportsthat the data of around 130 million clients of the Huazhu Hotels Group in China is being sold at the Dark Web, for 8 bitcoins, which is around 56,000 USD. This price is considered very low having in mind the big amount of data that i...
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Chinese regulators put a hold on an Initial Coin Offerings (ICO)
Sep 04,2023
Chinese regulators put ahold on an Initial Coin Offerings (ICO) system of crypto-company monetization. The Initial Coin Offering is a principle in which companies working on cryptographic/distributed solutions, issue tokens as a way of monetizations....
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International Telecommunication Union focus group issued a technical report on application of distributed ledger technology
Sep 02,2023
ITU Telecommunication Standardization Sector focus group on Application of Distributed Ledger Technology (DLT) issued a technical report on DLT use cases. The report is focused on competitive advantage of the DLT, and identifies domains of possible u...
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The SEC charges a NFT company with unregistered offering of cryptoasset securities
Aug 29,2023
The US Securities and Exchange Commission (SEC) has charged Los Angeles-based media and entertainment company, Impact Theory, with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs). Impact Theory...
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Indian PM Modi advocates global AI framework
Aug 28,2023
The Indian government's stance on AI governance has recently shifted from non-intervention to actively advocating a regulatory framework. PM Modi has called for a worldwide framework to guarantee the ethical utilisation of AI. Modi also expressed con...
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