cyber

Baanx Acquires Stake in Major US Fintech Bank

Source Node: https://www.acnnewswire.com/press-release/english/69400/
Time Stamp: September 6, 2021 6:04 AM - Modified On: September 6, 2021 - Published By:
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LONDON, Sept 6, 2021 - (ACN Newswire) - Baanx, the fast-growing B2B2C "Better than a Banking Platform" specialising in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking access to communities throughout America.Maxwell State Bank is a fintech bank and VISA Principal Member established circa 1943 in Iowa. With total assets of $29,655,000 and deposits of $25,058,000 Maxwell has been FDIC certified since 1943 for insured deposits. Maxwell was acquired by serial fintech entrepreneur Ronald Ingram, founder of

Trader Joe Raises $5M for DeFi on Avalanche

Source Node: https://beincrypto.com/trader-joe-raises-5m-defi-avalanche/
Time Stamp: September 3, 2021 2:01 AM - Modified On: September 3, 2021 - Published By:
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Avalanche-based decentralized finance (DeFi) platform Trader Joe has become the latest to secure a round of funding from venture capital giants.Sponsored Sponsored In an announcement on Sept 2, the DeFi trading platform revealed that it raised $5 million in a strategic sale led by Defiance Capital, GBV Capital, and Mechanism Capital. Several other venture capital firms, angel investors, and industry leaders including Three Arrows Capital, Coin98 Ventures, Delphi Digital, Avalanche Foundation, and Aave founder Stani Kulechov, also contributed. Trader Joe plans to expand its team with the cash injection and

Join Third Annual Edition of Finnovex Middle East Summit: Hybrid Experience

Source Node: https://beincrypto.com/join-third-annual-edition-of-finnovex-middle-east-summit/
Time Stamp: August 31, 2021 8:00 AM - Modified On: August 31, 2021 - Published By:
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Exibex welcomes you to Finnovex Middle East, the Leading Summit on Financial Services Innovation and Excellence where the best minds in the Banking and Financial Services Industry converge. Sponsored Sponsored They are all set to witness the presence of 30+ industry visionaries, who would share case studies for you to learn from and exemplify exceptional organizational friction points, innovations, and accomplishments. Here is the Sponsors Roll-Call for this year’s edition:Sponsored Sponsored Powered By – RAKBANK Officially Supported By – Dubai International Financial Center (DIFC) Platinum Sponsor – SmartStream Gold Sponsors

Ethereum EIP-1559 Upgrade Adopted 34x Faster than Bitcoin Segwit

Source Node: https://beincrypto.com/ethereum-eip-1559-upgrade-adopted-34x-faster-bitcoins-segwit/
Time Stamp: August 27, 2021 2:11 AM - Modified On: August 27, 2021 - Published By:
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The adoption of the latest Ethereum upgrade appears to have outpaced that of Bitcoin’s Segwit by multiple factors.Sponsored Sponsored It has been a little over three weeks since Ethereum’s London upgrade was deployed on Aug 5. In that short time, it has seen rapid adoption according to Yearn Finance developer “banteg.” In a tweet on Aug 27, the developer stated that Bitcoin’s SegWit upgrade went live four years ago on Aug 25, 2017, adding that it is currently used for about 80% of BTC transactions.Sponsored Sponsored He compared that to

US Army Leverages Blockchain Technology for Tactical-Level Data Management

Source Node: https://beincrypto.com/us-army-leverages-blockchain-technology-for-tactical-level-data-management/
Time Stamp: August 16, 2021 2:10 PM - Modified On: August 16, 2021 - Published By:
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At the Command, Control, Communications, Computer, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) Center, US Army engineers are leveraging blockchain technology for tactical-level data management.Sponsored Sponsored The center is developing its new data management capability as part of its Information Trust program. It was also one among several prototype technologies tested during the Network Modernization Experiment (NetModX). This was held at Joint Base McGuire-Dix-Lakehurst, New Jersey in May. Removing contingencies At its core, the program is intended to provide soldiers “a mathematical, verifiable way of vetting their data, from sensor to

Ben Carson, John Maxwell, Jack Brewer, David Sillaman, Ryan Klesko speaking at Liberty’s CEO Networking Summit in Lynchburg, VA.

Source Node: https://www.prweb.com/releases/ben_carson_john_maxwell_jack_brewer_david_sillaman_ryan_klesko_speaking_at_libertys_ceo_networking_summit_in_lynchburg_va/prweb18122613.htm
Time Stamp: August 10, 2021 3:15 AM - Modified On: August 10, 2021 - Published By:
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The Networking the Nations Summit will take place on campus Aug. 10-12, 2021 and will bring in a titanic collection of American business superstars and capital and marketing experts. LYNCHBURG, Va. (PRWEB) August 10, 2021 The Liberty University School of Business, in partnership with Liberty’s Standing for Freedom Center, is set to orchestrate yet another groundbreaking summit, bringing in former U.S. Secretary of Housing and Urban Development and founder and chairman of American Cornerstone Institute Ben Carson, and NY Times Bestselling author and speaker on business leadership John Maxwell, as

Tempus Unveils ETH 2.0 Fixed Rate Staking

Source Node: https://beincrypto.com/tempus-unveils-eth-2-0-fixed-rate-staking/
Time Stamp: August 5, 2021 7:22 AM - Modified On: August 5, 2021 - Published By:
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Decentralized finance (DeFi) platform Tempus has announced a new staking method for Ethereum 2.0 which enables users to access a fixed-rate yield.Sponsored Sponsored In a blog post on Aug 4, Tempus founder David Garai explained that users can optimize their existing exposure to variable ETH 2.0 staking yields including the ability to get a fixed yield. Tempus is an open-source protocol that allows users to optimize their existing exposure to variable yield to better match their risk profile. It completed a $1.9 million seed round in mid-July.Sponsored Sponsored Fixed yields

Could a Digital Dollar Bolster the US Economy?

Source Node: https://beincrypto.com/digital-dollar-bolster-economy/
Time Stamp: August 3, 2021 8:03 AM - Modified On: August 3, 2021 - Published By:
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Economies all around the world are facing roadblocks in the form of escalating national debts and threats of inflation, but a digital dollar may be a saving grace for the U.S.Sponsored Sponsored Macroeconomics expert and Soundwise founder, Natasha Che, has postulated why a Federal Reserve-issued digital USD token could change the fate of America. In a lengthy tweet on Aug 3, the author stated that the U.S.’s largest export is its currency, the dollar. It’s currently the biggest money network in the world, used for 40-50% of global trade settlement

Singapore Regulator Allows Crypto Exchange to Offer Digital Payment Token Services

Source Node: https://beincrypto.com/singapore-regulator-crypto-exchange-digital-payment-token-services/
Time Stamp: August 3, 2021 5:56 AM - Modified On: August 3, 2021 - Published By:
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Singapore has taken another step towards securing its position as the region’s fintech hub with the in-principal regulatory approval of digital token payment services for a crypto exchange.Sponsored Sponsored The Monetary Authority of Singapore (MAS) has granted an “in-principle approval” to cryptocurrency exchange Independent Reserve allowing it to operate as a regulated provider for digital payment token services. Singaporean financial regulators classify digital payment tokens as any “cryptographically-secured digital representation of value that is used or intended to be used as a medium of exchange.”Sponsored Sponsored According to Bloomberg, it

Curve Finance Launches Ethereum Swapping Liquidity Pool

Source Node: https://beincrypto.com/curve-finance-launches-ethereum-swapping-liquidity-pool/
Time Stamp: December 21, 2020 2:54 AM - Modified On: May 21, 2021 - Published By:
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Decentralized finance protocol Curve Finance has launched a new pool for Ethereum and synthetic Ethereum (sETH) swaps and liquidity provision. The pool allows liquidity farmers to deposit Ethereum and synthetic Ethereum in order to earn additional yields. sETH is essentially a soft peg of standard ETH, designed to stay as close in value as possible, though it often trades slightly lower which allows for arbitrage opportunities. The newly launched pool contained 65% ETH and 35% sETH at the time of press, worth a combined estimated total of around $155,000 at

Massive Ledger Data Leak Increases SIM Swapping Threat

Source Node: https://beincrypto.com/massive-ledger-data-leak-increases-sim-swapping-threat/
Time Stamp: December 21, 2020 2:10 AM - Modified On: May 21, 2021 - Published By:
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Hardware wallet manufacturer Ledger has suffered another massive data breach for the second time this year. The exposure of thousands of clients’ personal information has increased the threat of SIM swapping as an attack vector. For the second time this year, personal data from Ledger wallet buyers has been dumped online. The leak was posted by several members of the crypto community who found files allegedly containing the ‘full database’ of Ledger customers containing emails, phone numbers, and even physical addresses. Ledger Data Leaked (Again) Ledger played down the data