Zetrix brings digital ID verification to Chinese nationals abroad
The Malaysian blockchain is the international supernode operator of China’s public Xinghuo blockchain. Go to Source
Identity Verification
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US trading app Robinhood launches ‘crypto transfers’ in Europe
Robinhood users in Europe can now deposit and withdraw crypto using external wallets and exchanges like Binance. Go to Source
Fractal ID postmortem ties breach to 2022 password hack
This breach highlights the ongoing challenges in maintaining data security, especially in today’s centralized storage systems. Go to Source
Microstrategy Plans to Launch a Decentralized Identity Solution on Bitcoin
Microstrategy has introduced a new enterprise decentralized identity platform, Microstrategy Orange, during the Bitcoin for Corporations segment at Microstrategy World 2024 event in Las Vegas. Microstrategy Intends to Leverage the Bitcoin Blockchain for Identity Management According to an unofficial draft on Github, the Orange platform leverages the Bitcoin Inscription DID method (did:btc), which incorporates data … Read more
Swiss Financial Watchdog Proposes $1,000 Client Identification Threshold for Crypto Transactions
Famous for its favorable business climate that has attracted hundreds of crypto companies, Switzerland is now expanding its financial regulatory framework. Some of the upcoming rules will increase oversight in the blockchain industry in compliance with new international standards regarding operations with digital assets. Also read: With New Regulations, Europe’s Crypto Companies May Be Running … Read more
PR: Tokengen Makes Creating and Automating ICOs Free
Niquid Tech today announced the release of a new version of TokenGen, the company’s proprietary ICO automation tool. The new update features a re-structure of the pricing model, more specifically, a free basic plan. Previously, the company added a KYC solution by integrating TokenGen to work with the Civic decentralized identity ecosystem, available to projects … Read more
4 Potential Outcomes of the new FATF Rules for Cryptocurrency Service Providers
These are very interesting times for the cryptocurrency industry as a whole. Some big changes loom ahead which need to be overcome in quick succession. The first change will require virtually all cryptocurrency exchanges to verify all users’ identities if they are sending or receiving over $1,000 in assets. Ending Anonymous Transactions Anyone who has … Read more
Crypto Exchange Okex Introduces Stricter KYC Rules
Hong Kong-based cryptocurrency exchange Okex is enforcing tightened identity verification procedures. Daily withdrawal limits will soon depend on the KYC level passed by its users. The changes will apply to customers of Okex’s partnering platforms as well. Also read: Report: North Korea to Hold a Crypto Conference Withdrawal Limits to Depend On the Level of … Read more
The Daily: McAfee’s “Unhackable” Wallet Is Doomed, Coinbase Wants to Be Your ID
In today’s edition of Bitcoin in Brief we cover stories about John McAfee refusing to acknowledge his “unhackable” wallet has been hacked after tinkerers were able to install Doom on the device, Coinbase wanting to become a verified identity service, and more. Also Read: Bitwise Launches Three New Cryptocurrency Market Index Funds McAfee Refuses to … Read more
Telegram Reportedly Testing Service to Store Data for Identity Verification
Telegram has been testing a new service that will store users’ information and documents for verification purposes, according to Russian media reports. Telegram Passport will be used to keep personal details and copies of IDs, banking statements, and utility bills to identify users on Telegram’s blockchain platform TON. Also read: After Telegram, Viber May Be … Read more
