Officials from 26 central banks, including the US Federal Reserve and the Bank of England, today will meet with the Libra cryptocurrency project team to resolve regulatory issues. ECB board member Benoit Coeure, who will chair the meeting in Basel, warned that “the regulatory requirements for Libra’s approval in the EC will be very high.”…
Browser extensions can help scammers steal cryptocurrencies, warned Home Security CEO Jeremy Welch. Speaking at the Baltic Honeybadger conference in Riga this weekend, he said: “Browser extensions impose major risks, and these risks have not been discussed so far.” Welch explained that the extensions gather a lot of data, which can then be stolen and…
Startup Neufund began making public offerings of tokens in its tokenized securities platform after receiving permission from the financial regulator of Liechtenstein. On Monday, the startup announced the launch of public offerings of tokenized shares for retail investors. Neufund co-founder and CEO Zoe Adamovicz stated that in this way, the startup “fulfills its promise to…
One of the gambling applications in the EOS network, EOSPlay, was the victim of a hack that stole 30,000 EOS. The attacker exploited the smart contract code to force the winnings to be won and congested the network to slow down his actions. Issues like these highlight the vulnerabilities of different crypto ecosystems. The EOSPlay…
The AirSwap development team reported a critical vulnerability in the new smart contract, which was reverted to an older version less than 24 hours after the problem was discovered. The developers found a vulnerability in the new smart contract that could allow attackers to carry out swaps without a counterparty under certain conditions. The AirSwap…
Philippine police raided the offices of fraudulent cryptocurrency company Grapefruit Services Inc., focused on the Chinese market. A total of 277 people were arrested. Raids took place in the city of Pasig on September 11. Several law enforcement agencies of the country took part in the arrests at once: the migration service, the presidential anti-corruption…
The largest German bank, Deutsche Bank, has joined the Interbank Information Network (IIN), developed by JPMorgan. Using the blockchain, banks connected to the network can quickly and reliably exchange information on international payments. About 320 banks have already been connected to the IIN, including some JPMorgan customers. “Connecting Deutsche to our network will help spread…
Casa CEO Jeremy Welch believes some browser extensions can be used by cybercriminals to steal cryptocurrencies. “Browser extensions carry big risks, and these risks have not yet been discussed,” Welch said at a Baltic Honeybadger conference in Riga. He noted that browser extensions have access to a large number of different user data. Even access…
Bobby Lee has started a new startup called Ballet. This company focuses on building wallets. Lee previously founded BTCC, the very first Chinese bitcoin exchange. Type of paper wallet In a conversation with Yahoo Finance UK, Lee explains that Ballet’s new wallets are just as big as a normal credit card. He says that this…
The developers of the Zilliqa blockchain project announced the completion of a large-scale upgrade of the main network to version 5.0.0. The process took about three months. The update allowed to significantly improve the work with smart contracts and their execution, and also accelerated the flow of transactions in the blockchain. The developers paid special…
