As crypto and digital currencies take shape — where bitcoin, blockchain, CBDCs and stablecoins jostle against one another for pre-eminence — there needs to be the proverbial adult in the room. By which we mean: The someone who makes sure that things are safe, secure...
Mastercard has inked an agreement to acquire cryptocurrency intelligence startup CipherTrace for undisclosed terms in a move to combine both firms’ cyber capabilities and artificial intelligence (AI) power. With CipherTrace, Mastercard said it will be able to differentiate its card and real-time payments framework to...
The U.S. Securities and Exchange Commission (SEC) said on Friday (May 28) that it has filed “an action” against five people, alleging that they marketed an international “global unregistered digital asset securities offering” that brought in more than $2 billion from retail investors, according to...
In the first five months of the year, cryptocurrency thefts, hacks and frauds totaled $1.4 billion, and could exceed the 2019 loss of $4.5 billion by year’s end, according to a new report. Crypto intelligence company CipherTrace’s “Spring 2020 Cryptocurrency Anti-Money Laundering and Crime Report”...
September 13, 2021
As crypto and digital currencies take shape — where bitcoin, blockchain, CBDCs and stablecoins jostle against one another for pre-eminence — there needs to be the proverbial adult in the room. By which we mean: The someone who makes sure that things are safe, secure and trusted. Ajay Bhalla, president, cyber and intelligence at Mastercard, […]
January 30, 2022
CipherTrace, a crypto sleuthing firm, has reportedly been using “honeypots,” a term meaning decoy targets collecting intelligence on unknowing targets, a report from CoinDesk says. CipherTrace was bought by Mastercard last year. The company is a part of an industry monitoring the $14 billion per year intersection of cryptocurrency and crimes. The company looks through […]
September 09, 2021
Mastercard has inked an agreement to acquire cryptocurrency intelligence startup CipherTrace for undisclosed terms in a move to combine both firms’ cyber capabilities and artificial intelligence (AI) power. With CipherTrace,...
May 28, 2021
The U.S. Securities and Exchange Commission (SEC) said on Friday (May 28) that it has filed “an action” against five people, alleging that they marketed an international “global unregistered digital...
June 02, 2020
In the first five months of the year, cryptocurrency thefts, hacks and frauds totaled $1.4 billion, and could exceed the 2019 loss of $4.5 billion by year’s end, according to...
