Home Tags Security

Tag: Security

Chainalysis Finds Exchanges Bolstering Security While Hackers Refine Attacks

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 ..

Deloitte Approves Gemini Crypto Exchange in High-Level Security Evaluation

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..

How Not to Lose Your Coins in 2020: Alternative Recovery Methods

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..

Binance CEO Suggests Crypto Exchanges Are Safer Than Keeping One’s Keys

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..

Canadian Regulator Issues New Guidance for Cryptocurrency Exchanges

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..

Stay Tuned: CFTC Chairman Not Sure if XRP is a Security or a Commodity

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, ..

PwC Switzerland Partners Smart Contract Auditing Team ChainSecurity

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 ..

Nets Player On Pace for Jan. 13 Tokenized Bond Launch

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..

US SEC Seeks $16 Million Penalty from Token Sales Platform Operator

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..

Blockchain and Crypto: Will Security Issues Finally Be Dealt With in 2020?

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..

Get in touch