CRYPTOSILV

Scholars from a number of leading research universities have recently come together to tackle the issue of how blockchain technology and regulatory frameworks can co-exist and promote the adoption of blockchain technology. Abelian, the “Accountable Privacy” initiative, is a collaborative effort between the research institutes of Nanyang Technological University (NTU) of Singapore, Shanghai Jiao Tong University (SJTU) of China, and the University of Wollongong (UoW) of Australia. The development is handled by Hong Kong based blockchain development firm CryptoBLK, which is well-known for its previous development work for HSBC and ING. “When a new technology emerges, there is generally period of grey zones as markets and regulators figure out ways to adapt to each other,” says Professor Huaxiong Wang at Singapore’s Nanyang Technological University. He is joined by three other scholars in cryptography on this project Abelian.   “Today’s financial regulatory framework is bu...

Author of the book ‘Mastering Bitcoin’ and noted bitcoin advocate Andreas Antonopoulos believes that a Bitcoin ETF is imminent. However, he insists that the long-term implication of such fund will do more harm than good for the original cryptocurrency. Intermediary Bitcoin ownership Antonopoulos described an exchange traded fund(ETF) as a fund that has a custodian or a manager who creates a financial instrument that can be traded like a stock but in the actual sense of it, it isn’t a stock. So for a Bitcoin ETF, this fund is expected to hold Bitcoin, and then sell shares in the Bitcoin reserve that represent the price of Bitcoin. This system of investment allows people to buy the eventual shares as ‘stocks’ through their regular brokers, and traded on the stock market. Practically, in this case the investors do not hold or own actual Bitcoins. They simply own shares of Bitcoins owned and held by the custodian. So essentially, it only provides opportunities for market prac...

Traders in the US, Russia and China are the most common victims of cyberattacks targeting cryptocurrency exchanges. Another study has found that the demand for services provided by hackers is much higher than what’s currently on offer. The same can be said for experts in cryptography: China is now hiring a crypto specialist for one of its censorship agencies but Chinese citizens have already found a way to circumvent censorship using blockchain transactions. American, Russian, Chinese Traders – Common Victims of Cyberattacks Users of cryptocurrency trading platforms in the United States, Russia and China have been the most common victims of cyberattacks, according to a new study conducted by Russian cybersecurity experts. They have found that between 2016-2017, cases in which private data of people using crypto exchanges was compromised have increased almost 5-fold, or by 369%. The record was set in January 2018 when the number of incidents rose by close to 700% in comp...