Technology

South Korea’s central bank is organizing a task force to research central bank digital currencies (CDBCs).  Announced in a Dec. 26 report titled “Monetary Policy for 2020,” the Bank of Korea will hire experts to study the effects of distributed ledgers, cryptocurrencies and CBDCs on financial settlements and security. The group will also “keep an
This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Ryan Zurrer is founder of Dialectic, a Swiss-based crypto-asset firm focused on on-chain opportunities. Previously, he led investments at Polychain Capital and served as Chief Commercial Officer at the
An organization that combats corporate fraud will issue guidance for firms using blockchain technology. The Committee of Sponsoring Organizations of the Treadway Commission (COSO), commonly referred to as the Treadway Commission, will issue guidance to strengthen controls over uses of blockchain in supply chain management and financial services. The Wall Street Journal reported first on
A security researcher was able to use a bug in the Twitter Android app to identify millions of Twitter users, connecting their phone numbers to their Twitter IDs. The exploit could expose failures in the company’s two-factor authentication system and give other security developers pause. According to a TechCrunch report, the researcher, Ibrahim Balic, created
YouTube erroneously purged cryptocurrency education videos from its video-sharing platform this week but claims to have reinstated them, according to a spokesperson. Content creators, however, are telling a different story. Responding to allegations that it had intentionally deleted content from cryptocurrency education channels ChrisDunnTV, Crypto Tips, BTC Sessions and others in what apparently amounted to
This post is part of CoinDesk’s 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Amir Taaki created libbitcoin, the first alternative bitcoin implementation, and has worked on the wallets Electrum and Darkwallet as well as privacy markets and decentralized technologies. He founded the
Rob Paone, aka Crypto Bobby, got his start as a popular crypto YouTuber and has gone on to help build a number of crypto companies before launching his own technical recruitment firm. Preethi Kasireddy is the founder of the TruStory debate platform. In two individual interviews as part of The Breakdown’s end of year extra,
One of CoinDesk’s ten most influential people of 2019, Meltem Demirors is a crypto renaissance woman, known best for investing, operating as CSO of CoinShares, and for explaining ‘shitcoins’ to Congress. In this end of year Breakdown, Meltem argues explains why the entrance of governments to the digital asset game is the most significant story
Paraguay is preparing to take its nascent cryptocurrency industry mainstream. Last week, the Latin American country’s anti-money-laundering (AML) chief, the Secretary for Preventing Money and Property Laundering (SEPRELAD), announced a nationwide crypto survey. Every one of Paraguay’s virtual asset service providers (VASPs) was directed to open their books to the government for the first time. The
Someone has been sending bomb threats across Russia, demanding $870,000 worth of bitcoin supposedly stolen from the defunct cryptocurrency exchange WEX. For almost a month, anonymous blackmailers have been threatening to blow up courts, schools, shopping malls, transportation hubs and a television station unless someone sends “120 bitcoin stolen from the WEX exchange” to their
Peter McCormack is one of the most prominent podcasters in the space. In 2019, he added a new podcast called “Defiance” and focused on the intersection of bitcoin, human rights, and political activism to complement his “What Bitcoin Did” podcast. In this special end of year episode of The Breakdown, Peter discusses why the past