CipherTrace CEO Leads SINET Panel that Includes New SEC ‘Crypto Czar’ On June 7, 2018, at the SINET Innovation Summit in New York, CipherTrace CEO Dave Jevans sat down with crypto asset experts and thought leaders for a discussion of the current and future state of cryptocurrencies. Topics ranged from fostering virtual currencies as mainstream…
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Coinbase’s Response To New York AG’s Request Reveals Shocking Cost of Compliance In April, New York Attorney General’s office announced that it’s looking into thirteen major exchanges, including Coinbase, Gemini Trust, and Bitfinex. Cryptocurrency exchanges have notoriously been subject to robberies, trading capacity problems, and other glitches. Then in February, some Coinbase users began to…
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REINING IN THE WILD EAST Almost five years ago, an event in Japan rocked people’s trust in Bitcoin. Customers of Mt. Gox lost 650,000 bitcoins (worth about $437 million at the time, or $8.5 billion at today’s price), which ultimately shuttered the exchange. That now-infamous implosion was not an isolated incident. Japan has a long…
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Ledger hardware wallets have been thoroughly compromised by a 15-year-old researcher, Rashid Saleem, using very small amounts of code. Rashid is the same researcher that exploited the Trezor wallet flaw in August 2017. He was able to install a backdoor on the Ledger Nano S that causes the device to generate pre-determined recovery passwords. An…
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Monday, March 19, 2018, President Trump issued the first presidential cryptocurrency order showing that this administration won’t allow cryptocurrencies to evade sanctions. According to Time magazine, Russia played a key role in helping Venezuela to launch the Petro coin and ICO to help the country avoid US economic sanctions. The Executive Order is in response to recent actions…
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