Key Takeaways Cryptographer Alexandru Lupascu discovered a critical vulnerability in the most popular Web3 wallet MetaMask. Lupascu found that malicious entities can find MetaMask...

The use of DNS over HTTPS (DoH) for command and control communications is making it more difficult to track botnets, according to anti-spam nonprofit Spamhaus.

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Swiss traditions of security, neutrality and privacy have made the country a magnet for digital asset holders, Numbrs CEO Fynn Kreuz told Decrypt.

Auditing is among the most effective ways of keeping checks and balances in any organization. However, with the entire financial landscape shifting, the future of audits depends on a few key technological trends.

Solidproof provides a comprehensive auditing process, automation of many recurring tasks, and service execution. In 2021, the company's three founders saw an uncertain future for blockchain-based projects. This was primarily due to the scarcity of proper audit tools and numerous faulty protocols.

Nevertheless, they continued to invest their efforts into creating a more secure environment through extensive auditing solutions. Today, Solidproof has over 350 projects that range in size from industry-leading protocols to up-and-coming applications. 

Additionally, the team behind Solidproof.io has worked hard to improve its services. To this end, they fine-tuned their business and continuously adapted to the market's changing needs. Just recently, they also announced the integration of marketing services to help the project further with their goals. Now, Solidproof plans to introduce its first smart contact automation, which should change the industry for the better. 

The Solidproof Audit Process

Solidproof generates audit transparent and thorough reports that identify any problems or vulnerabilities within a protocol's code. Next, they classify and list these errors depending on their severity level - critical, medium, and low. 

Additionally, Solidproof uses built-in KYC (Know Your Customer) standards. The company uses them to establish the users' identities and determine whether they pose money laundering risks. Furthermore, it helps protocols understand if potential investors get their funds from legitimate sources.

Lastly, Solidproof addresses privacy concerns by storing clients' data on high-encriptyon servers. This way, it ensures maximum security for potentially sensitive information. As a result, up-and-coming projects can rely on its safe approach to optimizing data storage.

The future looks bright for Solidproof. The company already becoming an industry leader in auditing solutions and expanding its services worldwide. Also, it is working tirelessly to achieve higher efficiency in audit and KYC to change the blockchain landscape forever.

Besides smart contact audit automation, the company team aims to increase security and ensure optimal privacy for its customers. While blockchain auditing may be challenging, Solidproof is off to an impressive start and will soon dominate the industry.

The U.S. Federal Reserve has published its biggest statements yet on a Central Bank Digital Currency (CBDC) for the U.S. Dollar, in the form of a report published on Jan. 20. Titled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation,” the paper discusses the potential benefits and risks of CBDCs in the U.S. […]

Read full post U.S. Federal Reserve publishes a detailed CBDC report. on Chaintimes.com.

The US Federal Reserve said that the introduction of an official digital version of the US dollar could benefit Americans but it may also potentially affect financial stability and privacy. (Read More)

Reading Time: 4 minutes BAXE is not just a platform, it’s an ecosystem with a vision to take back the internet. As CEO and co founder Christian Moore explains: “This is our mission; I have been blessed by a team of highly intelligent capable executives who are passionate about our dream to use blockchain […]

The post Bitcoin Plummeted By 11.5% In 12 Hours! Here’s How To Profit in Bear Market appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto market is once again painted in red. Over the past 12 hours, the crypto market cap has fallen from around $2.15 trillion to a four-month low of $1.92 trillion according to CoinGecko. And Bitcoin (BTC)’s price is no less than a suspense thriller movie these days. On Jan. 20, it plunged from …

DUBAI / KUALA LUMPUR, Jan 21, 2022 - (ACN Newswire) - Under the patronage of YB Tan Sri Datuk Seri Panglima Haji Annuar Bin Musa, Malaysian Minister of Communications and Multimedia, and with the participation of Malaysia Digital Economy Corporation (MDEC), a Memorandum of Understanding (MoU) was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of Verofax Asia, and Mr. Haisam Jamal, CEO of Distichain. The event took place at the Address Dubai Marina, where attendees from around the world were present for the opening of Malaysia Digital Week, taking place at Expo 2020 in Dubai, UAE.
The aim of the MoU is to create the first digital ASEAN B2B cross-border trade platform to facilitate a potential of RM 50 Billion Malaysian trade internationally with seamless digital transactions over the next 5 to 10 years. The collaboration between Distichain and Verofax Asia will offer a platform that delivers Digital B2B marketplaces as a service (MAAS) to enterprises by offering full marketplaces or through API integration.

Using blockchain and AI as core technologies, the platform digitizes global trade with end-to-end transactions through its ecosystem of supply-chain, verification, and trade finance providers. The solution enables suppliers to readily plug their catalogs, update product data, manage routes and orders, verify documentation and access aggregate financing and logistics all in one place. This unique platform that simplifies, secures, and empowers every participant in a trade.

"The signing of this MoU is an important step for Distichain's ambition to continue the further development and expansion of its solution. We are especially pleased to be taking this step alongside our partner Verofax Asia, and impact the ASEAN trading industry with rapid digital transformation through our one-day marketplace activation approach," said Mr Haisam Jamal.

Captain Koh added, "This platform will instantly digitalize the entire export and import process in governmental, non-governmental enterprises as well as SMEs. It will generate low-cost opportunity to digitize processes, introduce trade finance and automate supply-chain across all industries, accelerating economic growth in Malaysia and the ASEAN region. Through this partnership agreement signed today, we will further develop our technologies to meet the ongoing digitalization of international trade. Verofax Asia will have a massive impact on the performances of exports and imports with rapid digitalization, all the while building a resilient digital infrastructure and foster innovation for the recently signed Regional Comprehensive Economic Participation (RCEP) Trade Agreement, which came into effect on 1st January 2022."

About Verofax:
Verofax utilizes patented technology incorporating Blockchain, Augmented Reality and Artificial Intelligence to provide 'Traceability as a Service', enabling brands to turn their offline products interactive, and manage their entire supply chain to trace goods, fend off counterfeit activities, and improve manufacturers' productivity. Brands can extend their reach directly to end-consumers, thereby increasing consumer intimacy with direct engagement, and leveraging the boom in NFTs and metaverse experiences. Visit: www.verofax.com, or Email: [email protected].

About Distichain:
Distichain delivers B2B marketplaces as a service (MAAS) to customers using blockchain and AI, digitizing global trade with end-to-end transactions through its ecosystem of supply-chain, verification, and trade finance providers. SMEs and enterprises alike benefit from automated transactions governed by the system to deliver door-to-door border agnostic trading, with on-platform trade compliance present rules. Using smart contracts, Distichain ensures the highest levels of data privacy, and by connecting to innovative solutions within Fintech and Supply Chain, it facilitates transactions backed by instant trade finance with zero email trading. Distichain's objectives are to simplify cross-border trading, secure end-to-end transactions, and empower decision-makers with real-time AI analytics. Visit: www.distichain.com, or Email: [email protected].

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comAn MoU was signed on January 12th, 2022, between Capt. Koh Chen Tien, Chairman of Verofax Asia, and Mr.Haisam Jamal, CEO of Distichain. The event took place in the Address Hotel Dubai Marina, where attendees from around the world were present for the opening of Malaysia Digital Week, taking place at Expo 2020 in Dubai, UAE.

Bitcoin’s public and immutable nature necessitates the return of mixnets to achieve true network-level privacy.

Reading Time: 4 minutes BAXE is not just a platform, it’s an ecosystem with a vision to take back the internet. As CEO and co founder Christian Moore explains: “This is our mission; I have been blessed by a team of highly intelligent capable executives who are passionate about our dream to use blockchain […]

The Federal Reserve issued its long-awaited report on the status of its research on whether the U.S. should issue a digital currency. It isn’t a story that makes for exciting headlines, but it’s all good: The Fed released the report, it’s designed to create discussion, and any decision will rest with Congress. American Banker headlined its report, “Fed defers to elected officials on issuing digital currency.” The Independent Community Bankers of America (ICBA) lauded the Fed’s stance, saying, “The Fed’s discussion paper rightly acknowledges many important policy considerations, such as preserving private-sector intermediaries, balancing consumer privacy with transparency, ensuring transferability

The post Fed Releases Digital Assets Report first appeared on FinTech Rising.