cyber

DeFi Market Cap Surpasses $8 Billion

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Time Stamp: August 1, 2020 6:01 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

DeFi is all the rage as the booming crypto landscape’s total market cap surpassed $8 billion today, per data from CoinGecko. DeFi Continues to Grow Exponentially The DeFi market cap continues to increase as more money gets poured into the nascent space. According to the latest data from CoinGecko, the total market capitalization of the top 100 DeFi coins is now over $8 billion. That said, the figure should be taken with a pinch of salt as different websites have different metrics to determine the DeFi market cap. For instance,

Darknet Market to Permanently Ban Vendors Preying on COVID-19 Fears

Source Node: https://cointelegraph.com/news/darknet-market-to-permanently-ban-vendors-preying-on-covid-19-fears
Time Stamp: April 5, 2020 6:56 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Dark web marketplace, Monopoly Market, has taken a stand against scammers claiming to sell cures and treatments for COVID-19 on its platform.On other darknet platforms, listings are rife with coronavirus keywords — with vendors selling everything from narcotic cocktails marketed as ‘coronavirus vaccines,’ to coronavirus-infected blood and saliva.Monopoly Market to ban vendors using coronavirus as ‘marketing tool’On April 2, dark web journalist, Eileen Ormsby, tweeted a screenshot posted by Monopoly Market’s operator that threatened permanent bans against vendors “caught flogging goods as a ‘cure’ to Coronavirus.”“We have class here,” the

BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic

Source Node: https://cointelegraph.com/news/bis-calls-for-central-bank-digital-currencies-amid-coronavirus-pandemic
Time Stamp: April 5, 2020 12:02 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic.The bulletin published by the BIS, a 600-member international financial institution representing the central banks of 60 countries, urges central banks to consider developing CBDCs in light of concerns regarding the spread of coronavirus through existing payment methods.BIS warns of COVID-19 transmission via credit card terminalsThe report notes a significant negative change in consumer attitudes regarding the use of cash in response to the World Health

Dow Jones Has a Blockchain-Based Product for Fighting Fraud and Staying Compliant

Source Node: https://cointelegraph.com/news/dow-jones-has-a-blockchain-based-product-for-fighting-fraud-and-staying-compliant
Time Stamp: April 2, 2020 3:57 PM - Modified On: August 29, 2021 - Published By:
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Dow Jones Risk & Compliance has teamed up with a company called EastNets to build a real-time blockchain-based watchlist feed. This watchlist identifies high-risk third parties for business deals and helps maintain a business’s regulatory compliance. This blockchain-based product currently lets users solve problems associated with manually updating these watchlists and protecting data from cyber criminals.Deya Innab, chief strategy and product officer for EastNets, said:“Designing and testing a suitable solution was challenging, but we are delighted to lead the industry with a real-time, secure watchlist update solution that is actively