Hollywood Hospital Ransomware Payment Exposes Bitcoin Regulatory Blind Spots
The Legislative Move Hollywood Presbyterian Medical Center, a 434-bed hospital in Los Angeles, paid 40 bitcoins — approximately $17,000 — […]
Bangladesh Bank SWIFT Heist Exposes Critical Vulnerabilities in Global Financial Infrastructure
The Legislative Move On February 5, 2016, the world witnessed one of the most audacious cyberattacks in financial history. Hackers
European Commission Adopts Action Plan Targeting Virtual Currencies in Sweeping Anti-Terrorism Financing Crackdown
The European Commission has adopted a comprehensive Action Plan to strengthen the fight against terrorist financing, placing virtual currencies squarely
Japan’s SBI Holdings Backs Kraken Exchange Series B as Asian Financial Giants Embrace Bitcoin Regulation
Japanese financial conglomerate SBI Holdings, through its venture capital arm SBI Investment, has announced a multi-million dollar agreement to lead
Microsoft Azure Becomes the Battleground for Enterprise Blockchain as R3 CEV Tests Ethereum With 11 Major Banks
TL;DR Microsoft positions Azure as the go-to cloud platform for enterprise blockchain deployments R3 CEV consortium of 11 major banks
IMF Sounds the Alarm on Virtual Currencies: What Bitcoin’s $448 Price Tag Means for Global Regulation
The Legislative Move The International Monetary Fund has released a landmark research paper titled “Virtual Currencies and Beyond: Initial Considerations,”
How 2015 Became the Year of the Blockchain: Banks, Tech Giants, and the Birth of an Industry
When Nasdaq declared 2015 the “Year of the Blockchain,” it wasn’t just corporate hyperbole. The twelve months leading up to
Ethereum at 91 Cents: How December 2015 Became the Launchpad for Crypto’s Smart Contract Revolution
On December 19, 2015, Ethereum was trading at just $0.91 with a market capitalization of roughly $68.6 million — a
Central Banks Turn Attention to Bitcoin: ECB Policy and Bank of Canada Research in Focus
December 3, 2015, proved to be a significant day at the intersection of traditional monetary policy and cryptocurrency regulation. As
Final Silk Road Bitcoin Auction Closes as Industry Pushes for Mainstream Legitimacy
In November 2015, the cryptocurrency world found itself at a crossroads. The final auction of bitcoins seized from the Silk