Blockchain 

South Korea’s Shinhan Bank is Building a Blockchain Security System

According to reports, the oldest bank in South Korea, Shinhan Bank, is soon to be the most technologically secure bank. The bank has partnered with two other companies to develop a blockchain-based security solution. Moving with the times indeed. South Korea’s Shinhan Bank is Making a Blockchain Security Solution According to a report published earlier today in TheKoreaTimes, Shinhan Bank signed a memorandum of understanding with two developers: financial technology startup Ground X and blockchain developer Haxlant. The pair have been tasked with developing a blockchain security system for the bank. More…

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Blockchain 

Solutions Risque | Security & Investigations Firm Joins Crypto Market

HomePress ReleaseMontreal Security Firm, Solutions Risque, Expands into the Crypto Market Montreal, Quebec, Canada–(May 23, 2019) – Solutions Risque Investigations & Security Services, a security and investigation firm headquartered in Montreal, Quebec, Canada, has been offering executive protection services since 2017 to crypto companies and professed “crypto influencers” who have been cast into the limelight and increasingly at risk of crypto crime. Solutions Risque is showing an expanded concentration and niche security expertise working with individuals in the crypto community. Quebec’s Support for Crypto Miners On April 29, 2019, the…

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Blockchain 

Polymath Partners with SeriesOne for Security Token Issuance

Security token platform, Polymath, has reportedly partnered with digital securities fundraising platform, seriesOne, to give customers “end-to-end” solution for security token issuance. Polymath and SeriesOne Partnership The news was first announced by seriesOne yesterday via a press release. The company said the new product will allow issuers to create and manage security tokens that are “compliant throughout their entire lifecycle.” This means from the initial token offering all the way to trading on an exchange. Easier The aim of the partnership is to simplify the creation and management of security tokens.…

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Blockchain 

Crypto News | SEC Rules ETH NOT Security; Binance Adds XRP

The cryptocurrency market is making a comeback this week, after closing out last week in the red. Crypto news was pretty slow last week, but it has picked up a bit today. This morning, CoinCenter released news that the SEC Chairman confirmed that ETH is not ruled as a security by the regulator. In addition to this big news, Binance announced it has added XRP and credit card payment support to its Trust Wallet app. Let’s get into it! Jay Clayton Rules ETH a “Non-Security” When investors began taking notice of…

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Cryptocurrency 

Rocke Malware | Sneaky Monero Miner Can Disable Cloud Security

There is a new malware out there to watch out for. Dubbed the Rocke Malware, this form of cryptojacking has the ability to disable cloud security software so as to illicitly mine for Monero (XMR) undetected. Rocke Malware Discovered Cybersecurity firm Palo Alto Networks is the team behind the worrying discovery. It published a report yesterday saying that the hacking goes by the disguise the Rocke Group and is targeting public cloud systems. If downloaded, the malware takes administrative control, uninstalls cloud security products and then inputs a code that mines for…

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Blockchain 

The US Department of Homeland Security

The US Government has just released an announcement that it is offering grants up to $800 thousand for the development of a blockchain-based anti-forgery solution. The US Department of Homeland Security is focusing its blockchain efforts on enhancing its capabilities of spotting fake documentation. US Department of Homeland Security and Blockchain The DHS, through its unit Science and Technology Directorate (S&T), will distribute the non-dilutive funds in four phases. The department chose the non-dilutive route so that the entity doesn’t need to sell equity in order to receive the funding.…

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