Search Results for: Secret

Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

In a letter addressed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has expressed her support for the implementation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures for stablecoins. Warren’s letter emphasizes the importance of adopting the full suite of AML tools requested by the Treasury Department in a November … Continue reading Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand

Blockchain trilemma was initially expressed by Vitalik Buterin, founder of Ethereum, which is claimed to be unfeasible in achieving scalability, decentralization, and security simultaneously in a blockchain. There are numerous blockchain project teams attempting to address the blockchain trilemma, and the Turing Award-winning team Algorand is one promising candidate. We have the pleasure to speak … Continue reading Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand

Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients

The common use of the electronic patient record system enables opportunities to enhance health care through big data analytics, secondary use, and data sharing. However, this also creates more opportunities for inappropriate uses, data breaches, and privacy violations. For example, a decision to release or sell health data without informing patients is a breach of confidentiality. … Continue reading Blockchain Solution in Healthcare: Google Secretly Collects Health Data From U.S Patients

Tables Turn for Japanese Man After Being Convicted for Secretly Installing a Crypto Mining Program

The Tokyo High Court has dismissed the acquittal of a 32-year-old Japanese man who had been let off the hook by the Yokohama District Court in March 2019 after being accused of unlawfully inserting a cryptocurrency mining program dubbed Coinhive. The high court reversed the previous ruling as it found him guilty of secretly inserting … Continue reading Tables Turn for Japanese Man After Being Convicted for Secretly Installing a Crypto Mining Program

White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge

‘A Budget for America’s Future’ has been published by the White House, which indicates the budget of the United States government of the fiscal year 2021. The document also states the information on the President’s priorities.  President Trump’s ‘New Foundation for American Greatness’ aimed to balance the books by 2027, by pushing for an annual economic growth … Continue reading White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge

Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024. Coinbase had earlier intended to sell the analytics software to either the Drug Enforcement Administration (DEA) … Continue reading Coinbase Sold its Blockchain Based Data Analytics Software to the US Secret Service

Coinbase CEO Defends Decision to License Analytics Platform to US Secret Service

CEO of Coinbase Brian Armstrong sold his blockchain analytics software to US Secret Service, and addressed any worries investors might have concerning privacy issues.  Coinbase Analytics, the crypto firm’s proprietary blockchain analytics software, has been licensed out to the US Secret Service. As a specialized branch of the US Department of Homeland Security, the US Secret Service … Continue reading Coinbase CEO Defends Decision to License Analytics Platform to US Secret Service

Bitcoin Bull Tim Draper Reveals Crypto Investment Secrets – Ripple, Bitcoin Cash, Tezos, and More

Renowned tech billionaire Tim Draper revealed that his crypto investment portfolio in 2020 was not only restricted to bitcoins, but also contained a variety of altcoin assets. Draper: Mass crypto adoption is coming Previously, the venture capitalist had purchased approximately 30,000 bitcoins (BTC) from a Silk Road auction hosted by US Marshals. However, the Bitcoin … Continue reading Bitcoin Bull Tim Draper Reveals Crypto Investment Secrets – Ripple, Bitcoin Cash, Tezos, and More

Joe Biden Considers Crypto-Friendly Former CFTC Chair Gary Gensler For Deputy Treasury Secretary

President-elect Joe Biden is considering Gary Gensler, the former Commodity Futures Trading Commission chairman, to become Deputy Treasury Secretary. Gensler has a crypto-friendly history and notably defined Bitcoin as a catalyst for change while his colleagues dismissed the cryptocurrency as a Ponzi Scheme. Biden’s transition team is fast being filled with alumni from key federal … Continue reading Joe Biden Considers Crypto-Friendly Former CFTC Chair Gary Gensler For Deputy Treasury Secretary

Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use

President Biden’s pick to lead the United States Treasury Department, Dr. Janet Yellen thinks crypto has the potential to enhance the financial system and wants to encourage its legitimate use-cases. President Joe Biden has nominated Janet Yellen as Secretary of the Treasury, and while her comments on cryptocurrency last week appeared to be negative—the former … Continue reading Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use

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