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News A Chainalysis report has found an increase in number of exchange hacks in 2019, though less crypto was actually stolen than in previous years. The findingsIn the report, Chainalysis includes only exchange attacks (excluding wallet providers, payment processors, etc.). The firm includes hacks ..
News U.S.-based crypto exchange and custodian Gemini has finished a SOC 2 Type 2 evaluation, proving the operation’s security. “The Type 2 is the highest level of security compliance that any organization can demonstrate,” Gemini’s head of risk, Gemini Yusuf Hussain, told Cointelegraph in an inter..
News When Peter Schiff claimed that his wallet lost his Bitcoin (BTC), many in the crypto community were skeptical. While some believe that Schiff simply lost his password, others, like Ethereum co-founder Vitalik Buterin, highlighted that losing private keys remains an important issue for cryptoc..
News Changpeng Zhao, the co-founder and CEO of cryptocurrency exchange Binance, suggested that for most, keeping crypto assets on an exchange is safer than keeping the keys themselves. Zhao gave his comments in a tweet on Jan. 19 after famous crypto skeptic and gold bug Peter Schiff complained tha..
News Canadian authorities have issued new guidance to determine which digital currency trading platforms fall under derivatives law. The Canadian Securities Administration (CSA) explained new provisions in the “Guidance on the Application of Securities Legislation to Entities Facilitating the Trad..
Heath Tarbert, chairman of the U.S. Commodity Futures Trading Commission (CFTC) is the latest to weigh in on the conversation surrounding whether XRP should be classified as a security or a commodity. The U.S. financial regulatory chief did not, however, provide any clarity on the subject. Ripple, ..
News Smart contract auditing team ChainSecurity partnered with the Swiss branch of Big Four auditing firm PwC to enhance the services the global auditor provides. In an email sent to Cointelegraph, a PwC spokesperson explained that no acquisition took place and multiple ChainSecurity teams joined ..
News Spencer Dinwiddie of the NBA’s Brooklyn Nets will launch his tokenized security offering on Jan. 13, in collaboration with digital securities company Securitize, after reportedly settling terms with the NBA. “The Spencer Dinwiddie bond launches January 13th,” Dinwiddie said in a Jan. 10 tweet..
News The United States Securities Exchange Commission (SEC) is seeking a default judgement against token sale platform ICOBox and its founder Nikolay Evdokimov. Documents filed with the Central District Court of California on Jan. 9 order the defendants to pay over $16 million in disgorgement to t..
New Year Special The past few years have been a watershed moment for security in crypto. As the asset class has gained popularity, more and more security breaches have been highlighted and more institutions targeted. The burgeoning industry is ripe with opportunity, but also with risk. Two inciden..