Chile’s largest bank closes after Bitcoin ransomware attack.
One of Chile's three largest banks, BancoEstado, was forced to suspend operations at its branches on September 7 after a ransomware attack over the past weekend, according to ZDNet.The spread and regulation of cryptocurrencies and blockchain technology in the banking industry and fintech applications.
Chile’s largest bank closes after Bitcoin ransomware attack.
One of Chile's three largest banks, BancoEstado, was forced to suspend operations at its branches on September 7 after a ransomware attack over the past weekend, according to ZDNet.
Binance plans to launch a debit card in Russia
Binance, the cryptocurrency exchange, is working on launching a debit payment card in Russia, despite the forthcoming ban on cryptocurrency payments. Cointelegraph reports.
London’s Ziglu launches P2P payments for cryptocurrencies
The Financial Conduct Authority (FCA) granted Ziglu, a cryptocurrency-friendly Electronic Money Institution, a licence. Following this, it launched P2P payments for fiat and cryptocurrencies, The Block reports.
How and Why Central Banks Create Digital Currencies (CBDCs)
Experts already describe central bank digital currencies (CBDCs) as one of the most important trends shaping the future of money. According to a BIS report, by early 2019 CBDC research was underway at 70% of central banks. The coronavirus pandemic will only accelerate work on digital currencies across countries.
Organizers of a multi-million-ruble Bitcoin-laundering operation arrested in Saint Petersburg
The Saint Petersburg police shut down a cryptocurrency exchange belonging to an organised crime group. They siphoned funds from bank cards and converted them into Bitcoin.
Swiss crypto bank Sygnum gains approval to trade digital assets
Sygnum, a cryptocurrency bank in Switzerland, is preparing to open digital asset trading after regulatory clearance.
Wirex selects new debit-card provider to replace Wirecard
British online-banking platform Wirex has partnered with Railsbank to issue debit cards that support cryptocurrencies in the Asia-Pacific region. The previous provider was the bankrupt German company Wirecard.
Personal data of Joom and Utair customers leaked online
The Bank of Russia’s FinCERT and the Visa payment system alerted banks to a data breach affecting 55,000 banking clients’ records, RBC reported, citing sources familiar with the situation.
Bank of Russia records first case of funds theft via the Faster Payments System
The Center for Monitoring and Responding to Cyber Attacks in the Banking and Financial Sector (FinCERT) of the Bank of Russia has identified a new method of funds theft via the Faster Payments System (SBP). This is the first case of funds theft using the system, according to Kommersant.
UK antitrust regulator approves Visa–Plaid deal
The UK Competition and Markets Authority (CMA) did not find grounds to block Visa's acquisition of fintech startup Plaid. The Plaid deal, which works with cryptocurrency exchange Coinbase and the Abra wallet, is valued at $5.3 billion.We use cookies to improve the quality of our service.
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