TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto update from your favorite reporter, Linzerd. Fidelity Digital Assets goes live. North Korea raked-in crypto through hacking. Philadelphia says no to cashless stores. WinRAR critical vulnerability useful for cryptohackers detected. Denver will run blockchain voting pilot, and almost 75% clueless about crypto in the UK.
Fidelity Digital Assets is Live
One of the most interesting institutional schemes of last year, Fidelity Digital Assets, is at last up and running for a series of institutional partners comprised of hedge funds and family offices. Tom Jessop, president of this new offshoot of Fidelity Investments, declared the decline in cryptocurrency prices has not influenced the company’s start. However, he also accepted some of the aspects of its work are still under development. Despite this, crypto custody and trade execution are now active services for their customers.
North Korea Raked-In Tons of Crypto Through Hacking
A report from a UN security panel states North Korea used hacking and blockchain technology to attack overseas institutions and foreign nations, raking-in money and laundering it using cryptocurrencies. The panel confirmed several attacks like a hit on Bangladesh Central Bank, and also several on Asian virtual currency exchange operators, gained North Korea more than $600 million. WeChat and Marine Chain are other startups involved in facilitating these crimes, according to the report.
Philadelphia Says No to Cashless Stores
The city of Philadelphia passed a bill that forbids most retailers going the cashless route or charging more for cash paying customers. The supporters of the law claim there are many poor people still unbanked, and that this new cashless trend is affecting their buying capacity. The new law will impose fines of $2,000 to infractors. Philadelphia is the first city to take action against cashless stores.
WinRAR Can Help Hackers Get Ahold Of Your Coins
A 14 year old security vulnerability that can help hackers to get control of your system (and your coins) has been discovered in WinRAR, a popular compressor utility often used to split files for different objectives. The virus dumps a payload on the computer when an infected WinRAR file is opened, giving access to third parties to your system, and to your private keys or passwords. To avoid this, just update WinRAR to the last version.
Blockchain Voting Voatz Platform Tests to be Run in Denver
Denver will be running a blockchain mobile voting pilot test, allowing overseas military personnel and voters to participate in the coming municipal elections of May. Mobile voters will be able to do KYC verification from their devices and confirm their ballot was received too. This is the second pilot that Voatz will be organizing, after having successfully carried another test pilot in West Virginia and several smaller voting tests.
Almost Three-Quarters Clueless About Crypto in the UK
A new survey commissioned by the FCA, the finance watchdog in the UK, found almost 75% of the inhabitants are clueless about the concept of cryptocurrencies. It also discovered just 3% of Brits bought cryptocurrencies of any kind, and most to use it for a specific purpose and in small amounts. More than half of them bought just bitcoin core, and just one in three bought ether.
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