safety&security Canadians Targeted in New Wave of Bitcoin Related Scams Canadians Targeted in New Wave of Bitcoin Related Scams -------------------------------------------------------------------------------- Police departments across Canada have issued public warnings against new Bitcoin-related scams after two Canadian citizens reportedly lost $25,000 to criminals posing as police officers and tax collectors. Earlier this month, the Kingston Police issued a regional scam alertabout
digitalassets 11 Years of Bitcoin, 11 Reasons to Trade on NDAX 11 Years of Bitcoin, 11 Reasons to Trade on NDAX -------------------------------------------------------------------------------- On October 31, 2008 a link to a whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System [https://bitcoin.org/bitcoin.pdf] was posted on the now legendary Cypherpunk mailing list authored by mysterious person (or possibly group of people)
The Future of Blockchain Technology The Future of Blockchain Technology -------------------------------------------------------------------------------- In many ways blockchain technology is still in its infancy in terms of what will be built with it and what it will be used for in the future. Currently, the most well-known use of blockchain [https://ndax.io/blog/article/blockchain] technology is
safety&security IRS Issues New Tax Guidance on Crypto in America IRS Issues New Tax Guidance on Crypto in America -------------------------------------------------------------------------------- The Internal Revenue Service [https://www.irs.gov/] (IRS) has released new guidance regarding the taxation of virtual currencies (including cryptocurrencies) in the United States. This is the first time the IRS has released new guidance regarding the taxation of
digitalassets Capitalizing on Cryptocurrency in Canada Capitalizing on Cryptocurrency in Canada -------------------------------------------------------------------------------- The cryptocurrency landscape has exploded in its first ten years. As cryptocurrencies like Bitcoin continue to grow in terms of user awareness and adoption, a regulatory framework for the digital assets has been developing in Canada for several years. In order for Canadian traders
News NBA’s Sacramento Kings Announces Blockchain-Based Crypto Token As the anticipation builds towards a new basketball season starting on Oct. 22, the NBA’s Sacramento Kings announced that they will become the first American professional sports team to offer a blockchain-based crypto token. Named the Kings Token, the new crypto is aimed at rewarding loyal fans of the
safety&security Simjacker: The Next Generation of Security Vulnerability Simjacker: The Next Generation of Security Vulnerability -------------------------------------------------------------------------------- AdaptiveMobile Security [https://www.adaptivemobile.com/] sent shock waves through the IT and security communities by announcing the discovery of a brand-new form of high-tech crime they are calling Simjacker. In a blog post on Sept. 12 [https://www.adaptivemobile.com/blog/
safety&security Quantum Computers Threaten to Break Blockchain Encryption Quantum Computers Threaten to Break Blockchain Encryption -------------------------------------------------------------------------------- The introduction of quantum computers has made cryptocurrencies [https://ndax.io/blog/article/cryptocurrency] and blockchains [https://ndax.io/blog/article/blockchain] vulnerable, as the vast computational resources of quantum computers can be used to break a blockchain’s encryption. While this
safety&security Advanced Security Systems with 2FA Advanced Security Systems with 2FA -------------------------------------------------------------------------------- It can be an absolute nightmare if a hacker or other malicious actor gains access to someone else’s user accounts without their permission. As people grow increasingly attached and dependant on internet services such as email and social media, the risk of having
safety&security Protecting your crypto wallet from SIM swap scammers Protecting your crypto wallet from SIM swap scammers SIM swapping is a crime that targets Two-Factor Authentication (also known as Two-Step Authentication or 2FA) verification systems by finding a weakness in the second factor in the verification process of receiving a text message or call on a mobile device. This
safety&security Surviving a Spear-Phish Attack In part two of our “Protecting Your Crypto” series, we explore phishing and spear-phishing attacks.
News Congress Ask the Feds to Consider Creating a US Digital Currency Members of Congress request the Federal Reserve to “take up the project of developing a U.S. dollar digital currency” and that the Fed "has the ability and the natural role to develop a national digital currency".
News Morningstar to begin Credit Ratings for Blockchain-Based Bonds Morningstar is launching a rating system for blockchain-based debt securities. This could usher a new wave of institutional investors as the rating system could further validate this emerging asset class.
safety&security Avoiding a QR Code Nightmare We explore the latest tools and tricks being used in the cryptocurrency space to steal and cheat honest investors. The series will include investigations on QR code scams, spear phishing, SIM-swapping, and 2FA.
News Japan’s Central Bank Calls for International Cooperation on Regulating Libra Japan's Governor announced today that international cooperation is needed to enforcing regulation for stablecoins like Libra - Facebook's cryptocurrency that's scheduled to launch next year.
News Arab Bank’s Swiss Branch to Launch Crypto Services Arab Bank Switzerland is launching a range of cryptocurrency services including brokerage and custody of Bitcoin (BTC) and Ether (ETH)
News JP Morgan’s Adds Deutsche Bank to its Blockchain Network JPMorgan’s Interbank Information Network (IIN) – the firm’s peer-to-peer blockchain network – onboards Deutsche Bank as its newest member.
News Billions Worth of Bitcoin from Mt. Gox Hack Recoverable Known as the biggest bitcoin hack of all time, a Moscow-based law firm believes there’s an opportunity to recover about $2 million (close to 25% worth) of the 850,000 missing bitcoins stolen from Mt Gox exchange.
News Santander Settles $20 MM End-to-End Blockchain Bond Santander launches the first end-to-end blockchain bond, opening the floodgates to disruptive financial technology that allows for the issuance of bonds in the quickest and most efficient manner.
What is Blockchain? The first element needed to create a blockchain is a peer-to-peer network, which is a network of computers that have equal access and permissions on the network.
News Venezuelan Pharmacy Franchise Now Accepts Cryptocurrency Venezuelan Pharmacy Franchise Now Accepts Cryptocurrency -------------------------------------------------------------------------------- Farmarket, a Venezuelan-based pharmacy retail chain, is now accepting Dash cryptocurrency as a method of payment. The pharmacy franchise will pilot a Dash point-of-sale (POS) system with XpayCash [https://xpay.cash/], which allows clients to conduct instant currency payments. The pilot project will
News Australian Securities Exchange to Build Blockchain-Based Platform Australian Securities Exchange to Build Blockchain-Based Platform -------------------------------------------------------------------------------- Announced today, the Australian Securities Exchange [https://www.asx.com.au/] (ASX) has partnered with VMWare and Digital Asset to replace its existing exchange and clearing house with a new blockchain-based platform to deliver speed and security requirements at a greater scale.
Switzerland stock exchange SIX lists cryptocurrency ETP A cryptocurrency product has been added to the fourth largest stock exchange in Europe, Swiss stock exchange SIX.