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Tuesday, 13 November 2018 13:46

ARTICLES ON SECURITYLAB.RU

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The leading information security portal SecurityLab.ru has published a note - Fighting cryptocurrency crime (2018/11/12).

The rapid development of technology promises not only great profits, but also carries significant risks. The situation with the fraud associated with the turnover of cryptocurrency and tokens (other digital assets) is aggravated.

As soon as platforms began to emerge expertise in the field of combating cryptocurrency fraud. Such as platform Crystal Blockchain.

Crystal is the result of two years of work and development by Bitfury Group’s development team. Consisting of world-class blockchain analysts, award-winning mathematicians and professional software developers, united by the idea of using Blockchain technology to build a better, secure future.

They turned this idea into reality, developing best-in-class blockchain solutions for people all over the world ... The results of current investigations and team research are available...

Source:  SecurityLab.ru

Source:  K4Y0T Project.

2018 can be designated the year of regulation of the cryptoindustry. Most countries of the world create working groups for the development of laws, and in some cases adopt full-fledged bills to regulate the actions of participants in the cryptoindustry.

This report (from October 31, 2018) is the first in a series of reports by the Center for Financial Innovations and Non-Cash Economy of the Moscow School of Management SKOLKOVO on cryptoindustry. It analyzes the global experience of crypto regulation and classifies possible regulatory strategies. The report will be useful not only to regulatory and state bodies, but also to other participants of the cryptoeconomy ecosystem: business representatives lobbying regulatory initiatives, companies that are actively involved in the cryptoindustry and are engaged in crypto-activity, individuals considering trading on both amateur and professional and to all who are interested in the global development of the cryptoindustry.

Source: Moscow School of Management SKOLKOVO.

Monday, 12 November 2018 11:16

COINGECKO QUARTERLY REPORT Q3 2018

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The full Q3 2018 Cryptocurrency Report by CoinGecko. Top highlights of the report: market dynamics and yearly market overview.

Total market capitalization has carried on its decline from Q2. Despite the downward pressure, market capitalization has been relatively stable in Q3 with trading volume growing.

Exchanges implementing trans-fee mining was a big trend in Q3. Trans-fee mining is the "mining" or creation of new exchange-based tokens via rebates of the exchange's transaction fees. The introduction of trans-fee mining have significantly changed the dominance rank for cryptocurrency exchanges in Q3 as compared to Q2.

A majority of news updates in Q3 relates to government regulation and mainstream adoption of blockchain technology. There is significantly less chatter around new ICO projects.

Despite the bearish market sentiment, there are still many project that attempted to raise funds via ICO. However, only half of them manage to complete their ICO with the average amount raised decreasing from $10.4 million in Q2 to $8.2 million in Q3.

CoinGecko collaborated with Masternodes.Online to produce a quarterly special with an insight into the growing masternodes space. The number of masternodes have been steadily increasing as investors seek alternative investment in this bearish market.

CoinGecko collaborated Nonfungible.com to take a deeper look into Non-Fungible Tokens (NFT). With the introduction of Cryptokitties and the introduction of the ERC-721 standard, NFT have gain significant popularity in 2018 with transaction volume doubled between January and October 2018.

Source: CoinGecko: 360° Market Overview of Coins & Cryptocurrencies

The Securities and Exchange Commission’s Enforcement Division issued the annual report of its ongoing efforts to protect investors and market integrity, Nov. 2, 2018. The report also highlights several significant actions and initiatives that took place in FY 2018.  The report presents the activities of the Division from both a qualitative and quantitative perspective.

In accordance with Chairman Clayton’s charge to focus on Main Street investors, Division of Enforcement Co-Directors Stephanie Avakian and Steven Peikin previously outlined five core principles that serve to guide the work of the division.

The core principles – focus on the Main Street investor, focus on individual accountability, keep pace with technological change, impose remedies that most effectively further enforcement goals, and constantly assess the allocation of resources – were first described in the Division’s FY 2017 annual report.  The Division’s adherence to these principles resulted in meaningful results, including the return of almost $800 million to harmed investors, holding individuals – including many at the highest level – accountable, barring bad actors from the securities markets, and sending strong messages of deterrence.  The impact of these actions has unquestionably protected investors of all types, particularly retail investors.

The Division’s focus on obtaining relief for harmed investors is underscored by various retail investor-specific initiatives.  One example is the Division’s Share Class Selection Disclosure Initiative, a self-reporting initiative designed to quickly return money to investors who may have been harmed by failures to disclose conflicts of interests related to the selection of mutual fund share classes.

Also illustrative of the Division’s impact in protecting investors and market integrity is the groundbreaking approach to addressing misconduct involving initial coin offerings and digital assets, which reflects a focus on cases that deliver strong and clear messages and have broad market impact.

Quantitatively, the SEC brought a diverse mix of 821 enforcement actions, including 490 standalone actions, and returned $794 million to harmed investors.  A significant number of the SEC’s standalone cases concerned investment advisory issues, securities offerings, and issuer reporting/accounting and auditing, collectively comprising approximately 63 percent of the overall number of standalone actions.  The SEC also continued to bring actions relating to market manipulation, insider trading, and broker-dealer misconduct, with each comprising approximately 10 percent of the overall number of standalone actions, as well as other areas.  And it obtained judgments and orders totaling more than $3.945 billion in disgorgement and penalties...

Source:  SEC.gov

Thursday, 08 November 2018 22:33

SECURITY DIRECTOR MAGAZINE

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The editorial staff of the Security Director magazine notes the contribution of Igor Sergeyevich Bederov and the organizations he leads to the development of modern information and analytical services designed to prevent Internet crime.

We have studied the concept of the SICP (Security Intelligence Cryptocurrencies Platform) online service. We believe that the use of your software product will qualitatively improve the analytical work and implement previously inaccessible tasks for the prevention and investigation of crimes related to operations with cryptocurrency, bogus ICO.

We express confidence in maintaining the existing friendly relations and look forward to further mutually beneficial and fruitful cooperation for the benefit of the prosperity of Russian business.

2018/11/08

Thursday, 08 November 2018 22:11

RUBEZH INFORMATION ANALYTICAL MAGAZINE

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Ensuring the security of the blockchain and the digital economy of Russia is generally considered by the editors of RUBEZH magazine as an integral part of the country's national security system. The rapid development of technology, the constant increase in the number of frauds related to the circulation of cryptocurrencies and tokens, imposes on law enforcement agencies and private companies a great responsibility for developing innovative products that could effectively prevent crime.

Our editorial notes your contribution to the development of information and analytical services for law enforcement and private security services. Of particular interest is the SICP (Security Intelligence Cryptocurrencies Platform) service developed by your team. These products are undoubtedly a unique phenomenon for Russian business. For the first time, domestic cryptocommerce merchants will be offered a high-quality solution to effectively prevent the risks of fraud when performing operations with cryptocurrencies and conducting ICO's.

We hope that in the future our partnership will remain as fruitful! We wish you further professional success and prosperity!

2018/11/06

The experts of the Association studied the concept of the online service SICP (Security Intelligence Cryptocurrencies Platform - https://www.ueba.su/). We believe that the use of this software will significantly expand the analytical work and implement previously inaccessible tasks for the prevention and investigation of crimes in the field of blockchain technologies (operations with cryptocurrency, fictitious ICO, etc.)

We believe that the development of modern information and analytical services designed to prevent Internet crime and combat fraud is a major contribution to the development of the market of cryptotechnologies.

2018/11/07

Wednesday, 07 November 2018 11:48

2018 GLOBAL BLOCKCHAIN SURVEY: DELOITTE

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Breaking blockchain open... Deloitte’s new global survey of more than 1,000 global blockchain-savvy executives from seven countries and nine industries is a leading indicator of where blockchain is headed.

While not quite ready for primetime yet, blockchain is getting closer to its breakout moment with every passing day.

Momentum is shifting from a focus on learning and exploring the potential of the technology to identifying and building practical business applications. It just may not be happening when and where we expected.

The global executives with excellent-to-expert knowledge of the technology we surveyed hold more pragmatic views and look poised to make some major moves over the next year. They see great value in blockchain’s potential to reinvent processes across the business value chain—and there is interest and investment in a wide range of use cases.

For example, 74 percent of all respondents report that their organizations see a “compelling business case” for the use of blockchain—and many of these companies are moving forward with the technology. About half of that number (34 percent) say their company already has some blockchain system in production, while another 41 percent of respondents say they expect their organizations to deploy a blockchain application within the next 12 months. In addition, nearly 40 percent of respondents reported that their organization will invest $5 million or more in blockchain technology in the coming year.

As more organizations put their resources behind this emerging technology, we expect blockchain to gain significant traction as its potential for greater efficiency, support for new business models and revenue sources, and enhanced security are demonstrated in real-world situations...

Source: Deloitte | Audit, Consulting, Financial, Risk Management, Tax Services.

About SICP

Security Intelligence Cryptocurrencies Platform - Cybersecurity infrastructure of the blockchain and antifraud in the cryptocurrency sphere. SICP - antiscam, trust, compliance.

Get In Touch

Address: Russia St. Petersburg Marshal Tukhachevsky 22

Phone: +7 (812) 983-0483

Fax: +7 (812) 983-0483

Email: sicp@ueba.su

Website: www.ueba.su

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