Governance
Top tech news stories today: July 16, 2024
British regulators are investigating Big Tech digital wallets for competition, consumer protection, and market integrity concerns.
Headline
British regulators are investigating Big Tech digital wallets for competition, consumer protection, and market integrity concerns.
Context
A major Cambodian payments firm received crypto worth over $150,000 from a digital wallet used by North Korean hacking outfit Lazarus, blockchain data shows, a glimpse of how the criminal collective has laundered funds in Southeast Asia. ( Reuters ) The U.S. Securities and Exchange Commission has given preliminary approval to at least three of the eight asset managers hoping to launch exchange-traded funds tied to the spot price of ether to begin trading next Tuesday, three industry sources said. ( Investing )
Evidence
Pending intelligence enrichment.
Analysis
Bitcoin surged to a two-week high on Monday after the attempted assassination of U.S. presidential candidate Donald Trump raised the odds of the former president, who has presented himself as a champion of cryptocurrency, winning the upcoming election. ( TBS News ) InvestiFi is uniquely designed to enable trading to and from deposit accounts at retail banks and Credit Unions. HiFin Technology is recognised for its extensive expertise and deep knowledge of the Alkami digital banking ecosystem, which offers robust solutions for marketing, data insights, and digital account security. ( Fintech Global ) We are contacting a number of members to inform them about the upcoming removal of API keys associated with their LIR Portal accounts. API keys are unique identifiers that can be used to provide external applications with access to LIR data. Users of LIR accounts may use API keys in scripts or tools to connect external applications. ( RIPE ) The IAB desires to have a diverse pool of candidates for the appointments it makes. Since there was only a very small pool of accepted nominations for this appointment, the IAB has decided to extend the nominations deadline until 23:59 UTC on 26 July 2024. ( IAB )
Key Points
- Fintech
- 1. Exclusive: North Korean hackers sent stolen crypto to wallet used by Asian payment firm
- 2. Spot ether ETFs likely to begin trading July 23, industry sources say
- 3. Bitcoin soars to two-week high after Trump attack
- 4. InvestiFi and HiFin Technology join forces to enhance digital banking implementations
Actions
Pending intelligence enrichment.
