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” Fujitsu launches Web3 acceleration platform for startups and partner companies “ The Japanese-based multinational tech company Fujitsu has announced the launch of a new platform designed to support Web3 developers worldwide. According to a report by the Fintech Times, Fujitsu’s Web3 Acceleration Platform seeks to provide a development environment, blockchain-based service APIs, high-computing technologies,…
” DeFi securitization of real-world assets poses credit risks, opportunities: S&P “ Decentralized finance’s (DeFi) use case in traditional finance could grow in the coming years as new protocols attempt to support the securitization of real-world assets, according to a new research report from credit rating agency S&P Global Ratings. The financing of real-world assets,…
” SEC to up scrutiny of firms offering or giving advice about crypto “ Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States’ securities watchdog this year. A Feb. 7 statement from the Securities and Exchange Commission’s (SEC) Division of Examinations outlined its…
” Scammers are targeting crypto users with new ‘zero value TransferFrom’ trick “ Data from Etherscan shows that some crypto scammers are targeting users with a new trick that allows them to confirm a transaction from the victim’s wallet, but without having the victim’s private key. The attack can only be performed for transactions of…
“How Data Protection Affects your Company’s Marketing” The digital information era has seen exponential growth in the quantity of data being collected, and with large amounts of data distributed across organizations, both internal and external, there is a significant risk of loss or theft. In recent years, many businesses have become aware of the potential…
” Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6 “ The U.K. outline of the future financial services regulatory regime for crypto covers a broad range of topics, from the troubles of algorithmic stablecoins to nonfungible tokens and initial coin offerings. And it’s certainly good news for the…
“Enabot EBO X is a security robot that disarms you with its cuteness” It’s becoming more common for houses to have at least one indoor security camera, whether to keep an eye out for intruders or to look out for the safety of family members and pets. Knowing that there’s an all-seeing eye inside your…
” South Korean regulator provides guidance on security tokens “ South Korea established guidance that specifies which types of digital assets will be considered and regulated as securities in the country. In a press release, the Financial Services Commission (FSC) highlighted that digital assets that fit the characteristics laid out in the country’s Capital Markets…
” OpenSea serves as an example of why crypto security must improve “ In February 2022, OpenSea fell prey to a major phishing attack that resulted in over $1.7 million in nonfungible tokens (NFTs) being stolen from users. It wasn’t the only incident: Blockchain users reportedly lost $3.9 billion to fraudulent activity in 2022 alone….
” Judge dismisses proposed class action suit alleging Coinbase securities sales “ A proposed class action suit against cryptocurrency exchange Coinbase, Coinbase Global and CEO Brian Armstrong alleging unregistered securities sales was dismissed in the United States District Court of Southern New York on Feb. 1. The suit, filed on March 11, claimed that 79…