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Tag Archives: Cryptocurrency

Video: WealthTech and millennials

CB Insights analyst Matt Wong gives a brief overview of WealthTech and millennials relationship with it. Video: RegTech trends Infographic: the state of the internet of things Banks must embrace fintech to survive

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Kyrgyz universities to offer programs on blockchain and cryptocurrencies

Universities in Kyrgyzstan will soon start offering programs that include the foundations of blockchain and cryptocurrencies. Kyrgyz Economic University was the first in the country to make such a move, partnering with the Chinese company Digital Asset Exchange. Training provided through the partnership is expected to enhance the qualifications of …

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FinTech development can bloom in absence of oversight

The lack of regulations governing many areas of FinTech in Russia is providing many great opportunities for FinTech startups to test innovative new solutions that might be difficult to test elsewhere, particularly in the more-regulated West. This is especially true in three areas: peer-to-peer (P2P) lending, collective investments and cryptocurrency. …

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Video: 4 predictions for FinTech in 2019

FinTech has become increasingly influential in markets around the world. Here are four predictions for how FinTech will continue to impact our lives in 2019. Forget why FinTech is good; here’s why cash is bad Infographic: 15 recruiting trends for 2019 Infographic: the impact of investing in HR

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Increasing amount of theft at cryptocurrency exchanges

There is an arms race developing between cyber criminals on the one side and cryptocurrency exchanges and regulators on the other side. In recent years, there has been a tripling of money laundering through cryptocurrencies. But perhaps more alarming is the rise in the theft of cryptocurrencies. It is estimated …

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Kyrgyzstan in top 5 for cryptocurrency attacks

Kaspersky Lab has completed a study that shows that Kyrgyzstan ranks in the top 5 in the world for cryptocurrency attacks. According to the study, hackers stole more than USD 2.3 million in cryptocurrency attacks just in the second quarter of 2018. It was reported that attackers convince user to …

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The problem of hidden mining in Uzbekistan

One of the most common cyber threats in Uzbekistan is hidden mining. Although there are still threats associated with the more traditional unknown downloading and installation of a mining program onto user computers, hackers and programmers have become more ingenious in recent years. Uzcert and ESET (a company specialized in …

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Why cryptocurrency exchanges are hacked so often

Last year, at least five major cryptocurrency exchanges were hacked, resulting in the loss of hundreds of millions of USD. The fault for such hacks resides on two fronts: the client side and the server side. On the client side: Cross Site Scripting (aka XSS) allows attackers to use your …

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Video: the dark web

Beneath the surface of the internet exists a largely hidden world – the dark web. Find out what the dark web is and what goes on there in this short video. Is your phone spying on you? Infographic: what is open banking? The 7 biggest challenges facing bitcoin

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The problem of Bitcoin’s energy usage

Bitcoin is the world’s first and largest cryptocurrency and is becoming more and more popular. To generate Bitcoins, a “mining” process takes place in which computers perform millions of calculations in an attempt to out-mine others and “win” a Bitcoin. The problem, however, is that this process consumes massive amounts …

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Denmark to use a cryptocurrency to help developing countries

Denmark is planning to use a cryptocurrency to provide humanitarian assistance, the first such instance of a donor state using blockchain technology for humanitarian efforts. To this end, a report was developed by the Danish Ministry of Foreign Affairs, Sustania Analytical Center and Coinify (Europe’s largest cryptocurrency platform) to examine …

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Blockchain technology: a significant opportunity for Georgia

According to the new ‘Cryptocurrencies and Blockchain: Europe and Central Asia Economic Update’ World Bank report, Georgia experienced a 5.0% growth in digital technology in 2017 and is projected to grow another 4.5% in 2018, putting the country in a position to take full advantage of new digital technologies to …

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Berlin-based online bank to use Bitcoins to issue loans worldwide

The Berlin-based peer-to-peer (P2P) lending platform Bitbond will soon allow its customers to receive loans in bitcoins and other cryptocurrencies around the world. This will help the company bypass the SWIFT system of international bank transfers and provide money to borrowers almost instantly.  It will also save consumers money as …

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Startups are disrupting the payments industry

Payment startups have seen considerable momentum in recent years and are on track for USD 3.8 billion in funding this year. From point-of-sale solutions to money transfers and mobile payments, these startups are changing how electronic payments are made, accepted and processed. There are nine main payment categories in which …

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FinTech World Forum 2018

London is set to host FinTech World Forum 2018, which will take place May 30-31, 2018. The event will feature 25 speaker and more than 300 delegates, speaking on a variety of topics in the FinTech world. Find out more here, or register here. How FinTech is uberizing banking 2019 …

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Armenian government to stay out of cryptocurrency market

The Armenian government has not approved amendments to the ‘Law on the Development of Digital Technologies’ or the ‘Law on State Registration of Legal Entities, Separated Subdivisions, Enterprises of Legal Entities and Individual Entrepreneurs’. The changes would have defined a “miner” of cryptocurrencies and set tax privileges and registration requirements …

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UK to harness FinTech to ensure an economy for the future

The government of the United Kingdom (UK) has unveiled its first FinTech sector strategy. A cryptoassets task force (consisting of Her Majesty’s Treasury, the Bank of England (BoE) and the Financial Conduct Authority (FCA)) will work to manage risks around cryptoassets as well as harness potential benefits from underlying technologies. The …

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Top RegTech Trends for 2018: Expert Opinion

Christian Visti Larsen (CEO at NewBanking ApS), Anastasia Dokuchaeva (head of partnerships at ClauseMatch) and Nathan Snyder (a partner at Brickendon) outlined their top trends for RegTech in 2018: Resolving identity/verification issues — a huge potential for saving on resources will drive innovations in this direction. Artificial intelligence for fraud …

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