Archives: Cybersecurity

New Crypto Products Launch; Market Reports Published; Treasury Dept. Addresses Crypto Tax; Crypto Enforcement Actions and Threats Continue

In This Issue: •Reports Address Crypto M&A and Metaverse, New Crypto Products Launch •Treasury Dept. Letter Addresses Crypto Tax; Reports Address Crypto Risks •US, UK and Canadian Law Enforcement Take Aim at Cryptographic Assets •Counterfeits, Wash Trading and Bots: Crypto Market Threats Continue •Chainalysis Previews 2022 Cryptocurrency Crime Report Findings… Continue Reading

Crypto Payment Products Launch; SEC Addresses DeFi, Targets DAO Tokens; OFAC Adds Crypto Exchange to SDN List; Crypto Fraud Schemes Revealed

By Robert A. Musiala, Kayley Sullivan, Joanna F. Wasick, Veronica Reynolds and Keith R. Murphy on November 12, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, Cybersecurity, Enforcement, Securities & Exchange Commission

• New Crypto Payment Products Launch, Report Cites Exchange Consolidation • SEC Commissioner Publishes Article Addressing DeFi Risks and Regulation • OFAC Adds Crypto Exchange and Cryptocurrency Addresses to OFAC SDN List • Enforcement Agencies Target DAO Offering and Fraudulent Crypto Companies • New Cryptocurrency Fraud Schemes Revealed, DeFi Protocol Hacked New Crypto Payment Products … Continue Reading

Crypto Financial Products Launch; G7 Addresses CBDCs; SEC Commissioners and Foreign Regulators Address Crypto; ICO Founders Plead to Tax Evasion

By Veronica Reynolds, Robert A. Musiala, Joanna F. Wasick, Keith R. Murphy and Jordan R. Silversmith on October 15, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, Cybersecurity, ICOs, Securities & Exchange Commission, Uncategorized

• Crypto Products Launch in Payments, ETFs, DeFi; Bitcoin Mining Data Published • G7 Considers Impact of CBDCs in New Publications • Blockchain Solutions Launch in B2B Software; Cobalt and Leather Supply Chains • SEC Commissioners Address Crypto Market Regulation in Contrasting Speeches • Foreign Regulators Address Crypto Advertising, Mining and Ransomware • ICO Founders … Continue Reading

CBDC Initiatives Announced, NFTs Expand Across Markets, Token and Wallet Applications Evolve, SEC and DOJ Target Crypto Fraud, Crypto Hacks Continue

By Robert A. Musiala, Lauren Bass, Veronica Reynolds, Jordan R. Silversmith and Teresa Goody Guillén on September 3, 2021 Posted in Bitcoin, Blockchain, Cryptocurrency, Cybersecurity, Enforcement, NFT, NFTs, Securities & Exchange Commission, Uncategorized

In this issue: • CBDC Initiatives Announced, Blockchain Trade Finance Platform Launches • Baseball, Art, Politics, Commerce: NFT Market Continues to Expand • Gaming Token Shifts Away from Ethereum, MetaMask Announces 10M Users • BitConnect Charged in $2B Crypto Fraud, BitConnect Promoter Pleads Guilty • Seychelles Investigates Crypto Fraud, Singapore Issues Warning for Exchange • … Continue Reading

Cryptocurrency and NFT Market Growth Continues, Regulators Across Globe Target Crypto Industry as Threats Continue, Global Blockchain Survey Published

By Robert A. Musiala, Veronica Reynolds, Lauren Bass, Teresa Goody Guillén, Keith R. Murphy and Joanna F. Wasick on August 27, 2021 Posted in Banking, Bitcoin, Blockchain, Cryptocurrency, Cybersecurity, Enforcement, Global, NFT, Securities & Exchange Commission

In this issue: •Crypto Market Develops in DeFi, Payments, Compliance and Consumer Adoption • Market Navigation, Fashion Metaverse, Online Tutorials: NFT Adoption Continues • Crypto Compliance Addressed by CFTC, Thai SEC, South Korea and UK FCA • SEC, DOJ and Ontario Securities Commission Bring Crypto Enforcement Actions • Reports Released on Crypto Scams and Malware, … Continue Reading

Crypto Initiatives Announced in Exchanges, ETFs, Payments; NFT Initiatives Continue; Bitcoin Mining Difficulty Adjusts; Global Enforcement Actions Continue

By Keith R. Murphy, Lauren Bass, Veronica Reynolds, Teresa Goody Guillén and Jordan R. Silversmith on July 16, 2021 Posted in Bitcoin, Cybersecurity, NFT

In this issue: • Cryptocurrency Exchanges, ETFs and Payment Initiatives Announced • Hollywood, Paradise and Banking: NFT Use Cases Continue to Expand • Bitcoin Network Mining Difficulty Adjusts in Wake of China Crackdown • DOJ, CFTC and SEC Target Crypto Fraud, Registration, Anti-Touting Violations • US Ransomware Task Force Announced, Crypto Crimes Continue Across Globe … Continue Reading

Capital Markets Integrate Crypto and Blockchain, New FATF Guidance, US City Pays Bitcoin Ransom and More

By Simone O. Otenaike, Diana Stern, Robert A. Musiala, Joanna F. Wasick and Jordan R. Silversmith on June 28, 2019 Posted in Blockchain, Capital Markets Offerings, Cryptocurrency, Cybersecurity

In this issue: • CFTC Approves Bitcoin DCM, New Bitcoin ETF Proposed, Crypto IRA and Blockchain Depository Receipts Introduced • Fintech Companies Expand Cryptocurrency Gateways, Analysis of Kin Token Published • FATF Releases New Cryptocurrency Guidance, International Arrests in Crypto Crimes • Exchange Hacks, US City Pays Bitcoin Ransom, Fraudulent Libra Sites Emerge CFTC Approves … Continue Reading

Details on Major New Cryptocurrency Announced, Enterprise Pilots and Enforcement Actions Continue

By Robert A. Musiala, Diana Stern, Panida A. Pollawit, Joanna F. Wasick and Simone O. Otenaike on June 21, 2019 Posted in Blockchain, Cryptocurrency, Cybersecurity, Enforcement

In this issue: • Libra Cryptocurrency Plans Released, Crypto Exchanges and Payment Options Expand • Blockchain Ripples Into Incumbent Financial Institutions in the U.S. and Abroad • Blockchain to Enhance Drug and Seafood Supply Chains, Energy and Insurance Sectors • U.S. Enforcement Actions Target Cryptocurrency Fraud Schemes and Darknet Markets • Details Emerge on QuadrigaCX … Continue Reading

New Data and Analysis on Crypto-Assets, Blockchain Enterprise Announcements, Various Cryptocurrency Hacks Reported

By Robert A. Musiala and Joanna F. Wasick on June 14, 2019 Posted in Blockchain, Capital Markets Offerings, Cryptocurrency, Cybersecurity

In this issue: • New Developments and Research on Crypto-Asset Market Activities • Blockchain Developments in Supply Chain, Patient Data and Energy • New Hacks, Old Hacks, Preventive Hacks and the World’s Largest CoinJoin New Developments and Research on Crypto-Asset Market Activities By: Robert A. Musiala Jr. According to data from Bitcoinity, in May 2019, … Continue Reading

Exchanges Going Live, Supply Chain Initiatives Advance, Threats Continue as Arrests Target ‘Shadow Banking’

By Joanna F. Wasick, Robert A. Musiala, Jordan R. Silversmith and Nicholas C. Mowbray on May 3, 2019 Posted in Bitcoin, Blockchain, Cybersecurity, Tax

In this issue: • Cryptocurrency Exchanges Move Closer to Live Trading, New Stablecoins Announced • New Blockchain Initiatives Targeting Enterprise Use Announced • DoJ Arrests Operators of ‘Shadow Banking Services,’ Regulators Warn of Scams • Cyberattacks Target Cryptocurrencies, Threat Actors Employ Crypto Techniques • Tax Analysis: New Crypto Tax Tools Available, New Disclosure Category Added … Continue Reading

Supply Chain Pilots Advance, Bitcoin Decentralization Improves, Hacks Continue, Foreign Regulations Evolve

By Nicholas C. Mowbray, Diana Stern, Robert A. Musiala, Simone O. Otenaike and Brian P. Bartish on February 8, 2019 Posted in Blockchain, Cybersecurity

In this issue: • Blockchain Pilots for Supply Chain and Land Titles, Improved Analytics, and Decentralization • Blockchain Capital Markets Initiatives Continue Across the Globe • Canadian Exchange Claims Lost ‘Cold Storage’ Funds Amid Fraud Allegations • Scams, Hacks and Illicit Financing: Blockchain Threats Continue to Abound • SIM Swapping Hackers Convicted, Philippines Introduces New … Continue Reading

NY BitLicense Approval, Blockchain for Energy Commodities, CFTC Enforcement, Advertising Use Cases and More

By Panida A. Pollawit, Marc Powers, Simone O. Otenaike and John C. McIlwee on November 16, 2018 Posted in Blockchain, Cybersecurity, Enforcement, Enterprise, Securities & Exchange Commission

In this issue: • New BitLicense Approval, Stablecoin Developments and BAT on Coinbase • Blockchain Platform for Energy Commodities Announced in U.S., Restrictions Ease in Foreign Markets • CFTC and State Securities Enforcement, Litigation Developments and Fraud Schemes • More Blockchain Uses for Digital Advertisers, Software Licensees and Marine Insurers New BitLicense Approval, Stablecoin Developments … Continue Reading

Maersk Pilot Goes Live, Cyberthefts and Enforcement Actions Continue Across Globe

By Jonathan D. Blattmachr, Melonia A. Bennett and John C. McIlwee on June 1, 2018 Posted in Blockchain, Cybersecurity, Enforcement

In this issue: • New Waters Charted for Blockchain in Marine Insurance • Cyber-hacks Continue to Plague Cryptocurrency Industry • New Enforcement Actions in the U.S. and Abroad New Waters Charted for Blockchain in Marine Insurance By: John C. McIlwee In a first-of-its-kind blockchain-enabled solution for the marine hull insurance industry, Insurwave promises to automate manual processes … Continue Reading