cryptocurrency

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A cybersecurity breach impacting an undisclosed number of customers of the cryptocurrency platform Ledger

The spotlight is on the recent cybersecurity breach that impacted an undisclosed number of customers of the cryptocurrency platform Ledger. The breach resulted in the leak of approximately 1 million email addresses as well as extensive personal information of 9,500 customers, including phone numbers and physical addresses. The severity of the data leak puts the affected customers at risk of various malicious activities, such as phishing attacks, identity theft, and even home burglaries.

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Cryptocurrency Poses Dangers, Alternatives for US Public Finance

Fitch Rankings-Chicago/Austin/New York-19 October 2021: A restricted variety of US public finance issuers are encouraging cryptocurrency (crypto) ventures and exploring using crypto as a type of trade to develop economies and promote efficiencies, however this will expose issuers to a still-evolving financial and regulatory surroundings, Fitch Rankings says. Public entities have to this point sometimes been recipients of crypto that’s transformed to money.  Crypto affords ease and velocity of switch of worth, relative to settlement by the traditional US monetary system. As a result of crypto transactions are performed by way of distributed ledger expertise (DLT), funds could be routinely executed as soon as situations of the

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GTU, the New Blockchain to Cater to ‘Establishment’ With Transparency

Backed by one of the founders of Saxo Bank A/S and a director at Volvo Cars, which both count Zhejiang Geely Holding Group Co. as an owner, the project will on Wednesday introduce its blockchain, which has been developed with Denmark’s Aarhus University. The project’s cryptocurrency — Global Transaction Unit (GTU) — will be listed on exchanges over the summer.

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