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Crypto-Crime Toll Hits $1.36B in Early 2020

June 17, 2020 by Louis Chunovic

Crypto-Crime Toll Hits $1.36B in Early 2020

The current year “could see the second-highest value in cryptocurrency crimes ever recorded,” according to a recent report issued by CipherTrace. Specifically, in the first five months of 2020 “crypto thefts, hacks, and frauds totaled $1.36 billion,” CipherTrace says. CipherTrace was founded in 2015, by Silicon Valley business people, and it was funded initially by… Read More >>

Filed Under: Derivatives Operations, Securities Operations, Buy-Side, Data Management, Industry News, Operational Risk, Ops Automation, Risk Management, General Interest, Governance, FinTech Trends, Back-Office, Blockchain/DLT, Standards, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Cybersecurity, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: Bitcoin crypto-currency, compliance, Crypto Broker, crypto transactions, crypto-asset, Crypto-Trading, Cybersecurity, derivatives, settlement

DTCC Wants to Guide Blockchain’s Future in Ops

January 26, 2016 by Eugene Grygo

The DTCC is embracing with qualifications Blockchain distributed ledger technology and is signaling that settlement may be “an ideal long-term target” if the new technology can mature and scale under the tutelage of the post-trade infrastructure utility provider, which says it “is uniquely positioned to help implement this technology and increase its adoption.” DTCC officials… Read More >>

Filed Under: Collateral & Margin Management, Securities Operations, Clearing, Data Management, Industry News, Settlement, General Interest, FinTech Trends, Blockchain/DLT, Industry News Tagged With: Bitcoin crypto-currency, blockchain, Blockchain distributed ledger technology, Blockchain technology, collateral management, DTCC, Hyperledger project, Linux Foundation, post trade

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