The European Union’s General Data Protection Regulation (GDPR) has a May 25 deadline, and it’s sending companies scrambling to comply with the new privacy regulations governing interactions with European residents. Severe financial penalties apply to those who do not implement the new regulations, and there’s no shortage of litigious actors waiting in the weeds for the compliance deadline.
Security firm Redlock released its newest “Cloud Security Trends” report today. The report claimed 25 percent of companies have some form of cryptojacking going on in their cloud environment.
The report, based on research from the RedLock security analysts,
The Tezos Foundation is developing partnerships with OCaml Labs and IMDEA Software Institute to further maintain and advance the Tezos codebase and Tezos-related technologies. The Tezos Foundation is the fund disburser for Tezos, which raised $250 million in an ICO last year before struggles between the founders derailed its momentum.
It’s been five months since the launch of bitcoin futures on the CME and CBOE, and the cryptocurrency world is still figuring out what to make of these instruments.
For all of the hype around these futures and the potential to open the cryptocurrency trading floodgates,
Ripple has created a new division that will seek to expand the use of XRP beyond its payment and finance focus.
While Ripple’s XRP is the third-largest cryptocurrency in market cap, its use has been largely confined to big institutions making cross-border payments.
Leading cryptocurrency firm Athena Bitcoin, Inc. has created Athena.Trade, a co-working space in Chicago dedicated exclusively to independent cryptocurrency traders. The work space is an effort to foster community and collaboration in this growing area of financial markets.
Located in the Loop, Athena Trade has a fluid conventional proprietary trading floorplan that houses up to 25 traders.
The New York Stock Exchange’s parent company is working on a bitcoin exchange, according to a report in the New York Times.
The platform’s details are still being considered and the project could fall apart. It’s also unclear if the exchange will only be for bitcoin –
Ethereum development studio ConsenSys has created a new division, Token Foundry, that provides a service that helps create, manage and market utility tokens. The company has already issued its first token for Virtue Poker, a peer-to-peer platform.
Company founder Harrison Hines talked with Block Tribune on the eve of the ConsenSys convention in New York about the venture’s plans.
CG Blockchain, Inc., a New York company developing blockchain tools for the financial services industry, has raised more than $25 million at its affiliate BCT Inc. online public sale of its BCT ERC20-compliant utility token.
CG Blockchain created the Blockchain Terminal, a suite of cryptocurrency trading apps and blockchain tools built upon CG Blockchain’s ComplianceGuard framework.
Payments platform Square is struggling to make a profit with bitcoin, according to its earnings report from earlier this week.
Square reported during its earning call that it has earned $34 million from bitcoin-related revenue, but spent almost that much to set it up with its platform.