πŸ—ž Daily Crypto News, January 22nd πŸ’°

  • Korean Crypto Exchanges to Share Data with Banks in New Account System This Month;
  • Consumer Protection Association Slams Bank for Blocking Transfers to Bitcoin Exchanges;
  • Opening Hyperledger: Consortium to Create Experimental Labs for Startups;
  • New Report: North Korean Hackers Stole Funds From South Korean Cryptocurrency Exchanges
  • Cointopia Aims to Become the AngelList for ICO Projects

πŸ—ž Korean Crypto Exchanges to Share Data with Banks in New Account System This Month

The South Korean government has announced that six major banks will be ready to provide services to cryptocurrency exchanges this month. Under the new system, the government requires exchanges to share user data with banks.

Read more & Source: https://news.bitcoin.com/korean-crypto-exchanges-share-data-with-banks-new-account-system/

πŸ—ž Consumer Protection Association Slams Bank for Blocking Transfers to Bitcoin Exchanges

From Israel to Australia, commercial banks in various parts of the world have tried preventing people from entering the cryptocurrency market by blocking money transfers to bitcoin exchanges. Now the largest consumer association in Portugal has called out a local bank for trying to do the same.

Read more & Source: https://news.bitcoin.com/consumer-protection-association-slams-bank-blocking-transfers-bitcoin-exchanges/

πŸ—ž Opening Hyperledger: Consortium to Create Experimental Labs for Startups

Hyperledger, the open-source business blockchain consortium, just got a little more open.

Founded in 2015 to help businesses more easily spin up enterprise blockchain solutions, the consortium approved a measure last week to create what it's calling Hyperledger Labs. As an effort to bring early-stage startups together with companies that are formally recognized by Hyperledger, the measure stands to accelerate the rate at which new ideas find traction and reach maturity.

Read more & Source: https://www.coindesk.com/opening-hyperledger-consortium-create-experimental-labs-startups/

πŸ—ž New Report: North Korean Hackers Stole Funds From South Korean Cryptocurrency Exchanges

US cybersecurity firm Recorded Future has released a new report linking Lazarus, a North Korean hacking group, to various South Korean cryptocurrency exchange hacking attacks and security breaches.

In a report entitled β€œNorth Korea Targeted South Korean Cryptocurrency Users and Exchange in Late 2017 Campaign,” the firm’s researchers stated that the same type of malware used in the Sony Pictures security breach and WannaCry ransomware attack was utilized to target Coinlink, a South Korea-based cryptocurrency exchange.

Read more & Source: https://cointelegraph.com/news/new-report-north-korean-hackers-stole-funds-from-south-korean-cryptocurrency-exchanges

πŸ—ž Cointopia Aims to Become the AngelList for ICO Projects

The initial coin offering industry is still very popular as of right now. It is evident this business model has also created a few more problems in terms of regulations and lawsuits. Cointopia aims to become a new ICO-oriented platform which focuses on creating a stronger community for this sector. Moreover, Cointopia wants to become a comprehensive solution for token sales and post-ICO management. It’s a very interesting concept which could help legitimize the industry as a whole.

Read more & Source: https://themerkle.com/cointopia-aims-to-become-the-angellist-for-ico-projects/

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