Generative Data Intelligence

Tag: risks

Feds Seize $3.6 Billion in BTC Connected to Bitfinex Hack

February 9, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Evaluating crypto-asset risks this year is a priority for the[...]

The post Feds Seize $3.6 Billion in BTC Connected to Bitfinex Hack appeared first on Unchained Podcast.

Bringing crypto market ‘into the sunshine’ doesn’t address enforcement: CFTC chair

Commodity Futures Trading Commission chair Rostin Behnam is trying to members of Congress to address the Commission’s lack of enforcement authority within the digital asset house. At a Wednesday listening to titled “Examining Digital Assets: Risks, Regulation, and Innovation,” Behnam told lawmakers with the Senate Committee on Agriculture, Nutrition, and Forestry that the CFTC’s authority […]

The post Bringing crypto market ‘into the sunshine’ doesn’t address enforcement: CFTC chair appeared first on Bitcoin Upload.

Russia Shares Plan To Regulate Bitcoin, Crypto

The Russian government published a document on Tuesday night outlining principles for regulating bitcoin and cryptocurrency in the country.

Maximize the Security of Your Account With 2FA

“Security is protection from, or resilience against, potential harm (or other unwanted coercive change) caused by others, by restraining the freedom of others to act” – this is a common definition of security. Right now the crypto world is expanding enormously and this is great news, but at the same time, the risks of getting ... Read more

The post Maximize the Security of Your Account With 2FA first appeared on Blog.

Russian Govt To Recognize Bitcoin As Currency

Russia sets out to treat cryptocurrency as a form of currency after the government and central bank reached an agreement on digital asset regulation. Russian newspaper Kommersant reports that the authorities will prepare a draft law on the circulation of digital currencies in the Russian Federation before February 18.  As per the latest move, cryptocurrencies […]

The post Russian Govt To Recognize Bitcoin As Currency appeared first on CryptoCoin.News.

Log4j and the Role of SBOMs in Reducing Software Security Risk

Enterprises are spending a pittance on securing their software supply chain, which makes COTS software dangerous — vulnerabilities can be "hidden" in open source components.

7 Benefits of AR and VR for People With Disability

Immersive technology can be a game-changer for people with health conditions or impairments. Here are some of the many benefits that augmented reality and virtual reality provide to people with disability.

Russian Government Approves Plan to Regulate Cryptocurrency

Russian Government Approves Plan to Regulate CryptocurrencyThe federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under state oversight, introduce strict obligations for market participants, and ensure investor protection. Russian Authorities Move to Legalize Crypto Economy The Russian government “has determined the […]

Speculative, risky: Irish Central Bank bars retail funds from investing in cryptos

The Irish Central Bank has made some glaring statements regarding cryptocurrency investments in a report published on Tuesday, that could potentially effect the way retail investors engage with the industry. Cryptos barred for retail players In its annual Securities Markets Risk Outlook Report, the bank stated that it was “highly unlikely” to allow retail players […]

Mitigate Ransomware Risks With Modern Log Management

Enterprises using a modern log management platform have key tools in place to detect and mitigate some of the risks from a ransomware attack.

RegTech Platform, Sekuritance ($SKRT) Launches Platform to Simplify Business Compliance Needs From Evolving Cyber Risks

DUBLIN – February 9, 2022, 7:00 AM ET - Sekuritance (https://www.sekuritance.com), the first multi-dimensional RegTech ecosystem delivering compliance-as-a-service, today announced its launch to Mainnet, opening up the platform's ecosystem for all CeFi and DeFi users interested in the Sekuritance solution for identity management, regulatory compliance and transaction monitoring.


Users may now visit the Sekuritance User Interface portal to create profiles and accounts to easily access the full features of its services. Sign-up simply consists of setting up 2FA and verifying their identity under the “My Profile” section. Once the user is verified via the Sekuritance Onboarding Engine, users will be able to connect their MetaMask wallet to access the Sekuritance Dashboard. From there, users will be able to review, update and edit their personal information as well as complete KYC, KYB and KYT checks.


The Sekuritance Portal will be the first blockchain-based compliance platform for Individuals, SMEs and Businesses alike. Utilising the Sekuritance $SKRT token provides further benefits when using the platform.     


The Sekuritance billing engine is built utilising USDT, on ETH, MATIC and BSC chains as currencies to purchase verification credits on the platform to perform compliance checks. Users who hold $SKRT within their wallet will receive significant discounts on these verification checks as seen here:


  • $SKRT Believer Status (Took part in IDO): 5% Discount (Accumulated)*

  • $SKRT Adopter Status (50,000 SKRT): 10%

  • $SKRT Insider Status (500,000 SKRT): 20%

  • $SKRT Evangelist Status (1,500,000 SKRT): 50%

  • $SKRT Partner Status (3,000,000 SKRT): 70%


*The Believer Discount also accumulates over other holding amounts, so for example: If you are a SKRT.Believer, and also hold 1.5M SKRT, you will receive a 55% discount on Sekuritance's services within the portal. 


“The team has been working non-stop since our official IDO six months ago to refine and perfect the Sekuritance platform and ecosystem to share with our clients and community members. We believe we have created the next stage of RegTech,” said Jonathan Camilleri Bowman, CEO of Sekuritance. “Now, we are ready to invite all users to experience our compliance and anti-fraud solutions all managed under one roof. We are constantly adding new functionality to the Sekuritance platform to help grow the blockchain ecosystem by making it safe for individuals, businesses and agencies.” 


Additionally, the “Token Onboarding” section will feature the “Sekur.Launch” interface to allow users to take part in verified and carefully selected projects that will launch using our proprietary Sekuritance technology. The tested and verified technology has already allowed Sekuritance to launch 25+ public sales, 40+ private sales and has verified well over $80M USD using our KYC/AML Sekur.Transact engine, with third party launchpads. 


In the near future, the $SKRT token will also be included as one of the underlying payment methods for the Sekuritance Product suite and available software applications (outside of other FIAT and Cryptocurrency alternatives). These applications include:


  • Sekur.Vault provides card data storage within a PCI DSS environment, card tokenization and/or the encryption of personalised data. 

  • Sekur.Auth for agnostic payment gateways for card acquirers to validate 3DS checks before processing payments.

  • Sekur.Transact Enables KYC, KYB, KYT, AML, PEP's and Sanction Screening via a single interface or integration

  • Sekur.Trace for government agencies, banks, financial businesses, cyber and financial crime authorities to receive insights on where bad actors spend their crypto holdings.

  • Sekur.Alert provides transaction monitoring,datasets and analytical results risk scoring.

  • Sekur.Certify provides proof of control and ownership of the user's wallet.

For more information regarding Sekuritance, please visit https://www.sekuritance.com/. To access the Sekuritance portal, users may visit https://portal.sekuritance.com.

###

About Sekuritance

The Sekuritance RegTech provides a single platform for every eGRC need, including end-to-end AML, KYB, KYC, Onchain Analysis, vendor management, beneficiary onboarding, investor check, card processing MFA checks, blockchain wallet checks, cyber-risk assessments, and other RegTech and Business Process Management requirements.


Media Contact: Transform Group, [email protected]

Wikisoft Corp. Signs Letter of Intent to Acquire Disruptive Blockchain Tech Company — Etheralabs LLC

San Francisco, Feb 9, 2022 - (ACN Newswire) - Wikisoft Corp. (the "Company," "we," and "our") (OTCQB: WSFT) today announced that it has entered into a non-binding letter of intent to acquire a majority stake in Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain space.


The proposed transaction would include full global access to Etheralabs LLC's disruptive technologies across the Blockchain and global funding landscape. With the majority stake, Wikisoft plans to ensure that Etheralabs future product and technology roadmap supports Wikisoft's platform strategy. The parties intend to enter into a binding agreement after consultation with their respective legal counsel. Wikisoft Corp. plan to fund the acquisition with equity, thus providing the Company the optimum financial flexibility in the future. Wikisoft's Board of Directors has given a commitment to approve the transaction.

Carsten Kjems Falk, Chief Executive Officer of Wikisoft Corp. said, "Etheralabs LLC's disruptive technology and products are expected to provide an outstanding opportunity to expand Wikisoft's global reach with superior technology and high value-add products. This includes but is not limited to the blockchain technology for the upcoming wikifunding platform enabling startups to connect to the blockchain community, investors and venture capital. Furthermore, the AmpliFi press release distribution service is expected to be accessible to the 90 million businesses now held in the Wikisoft database, providing global reach to any of those companies. Our greater scale, broader product offering and geographic exposure should accelerate our growth and provide greater earnings diversity." The Company expects the proposed transaction to be accretive to earnings realized over the two years following the acquisition.

Bryan Feinberg, CEO and Founder of Etheralabs said, "Wikisoft's capabilities coupled with our background in transforming large data ecosystems into vibrant communities creates a definitive way to leverage our background to accelerate Wikisoft's entry into the global blockchain market and look forward to our ability to leverage Wikisoft's unique architecture and data environment into an active and vibrant venture community."

About Etheralabs LLC

Etheralabs is New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain landscape. Etheralabs fast-tracks ideas into solutions that help high-growth companies with a focus on capital appreciation and scale via early-stage identification and accelerated resource deployment. The acceleration model lays the foundation for taking promising IP from both concept to company and from revenue to profitability, culminating in a fully functioning portfolio venture that is ready to attract follow-on funding, an acquisition partner, or to operate as a standalone company.
More information can be found at: https://etheralabs.io

About Wikisoft Corporation

In today's fast-moving business world of increasing globalization, Wikisoft leverages big data and associated insights from business datasets to improve performance.

In line with this new phase of globalization, Wikisoft believes that there is a growing demand for access to credible and reliable business data. Data is essential to creating the complete view of customers, prospects, investors, suppliers, and partners necessary to power the right decisions.
Our vision is to create opportunity globally by collecting precise data, curating it, verifying it and putting it in the hands of professionals and businesses as consumable business intelligence. We believe in the power of Wikisoft to collect massive amounts of data and deliver it to businesses curated, credible and reliable.

CONTACT:
WikiSoft Corp.
315 Montgomery Street, San Francisco,
CA 94104, USA
Phone: +1-800-706-0806
Email: [email protected]
Investor site: www.wikisoft.com

SOURCE: WikiSoft Corp.

FORWARD-LOOKING STATEMENTS
This press release contains statements of a forward-looking nature about the Company. You can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements primarily on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on the Company's information on the date hereof. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. This press release does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities of the Company. The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comWikisoft Corp. today announced that it has entered into a non-binding letter of intent to acquire a majority stake in Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain space.

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