The North Korean regime has managed to increase the sophistication of its cyber attacks, which have successfully targeted banks and cryptocurrency exchanges. According to a confidential report by the United Nations, North Korea has amassed a estimated $2 billion using “widespread and increasingly sophisticated” cyberattacks that targeted banks and cryptocurrency exchanges. North Korea plans on…
Japan’s financial regulator is pushing to improve internal security in the country’s cryptocurrency exchanges. On Tuesday, in a development that marks Japan’s intent to increase its oversight of cryptocurrencies, Japan’s financial regulator stated, cryptocurrency exchanges will now require to strengthen internal oversight of “cold wallets” used to store digital money, said a source with direct…
Backed by financial firms and wealthy individuals, venture capital funds have already partially replaced the role played by retail investors, thus cementing the role played by blockchain technology and cryptocurrencies in the coming future. On Friday, Singapore-based Golden Gate Ventures, a venture capital firm, stated it will launch a $10 million fund, called LuneX Ventures,…
business-gurus.com 