Will PwC’s New Software Solve the Cryptocurrency Auditing Problem?

Earlier this week, Big Four firm PwC announced the release of a cryptocurrency auditing software solution. According to the multinational professional services network, its Halo auditing suite has now been updated to accommodate “entities engaging in cryptocurrency transactions.” The new tool reportedly allows PwC to establish crypto asset ownership and gather information about transactions and …

How Significant Is Walmart and IBM’s New Collaboration?

Walmart is no stranger to distributed ledger technology (DLT). Back in October 2016, the multinational food retailer began collaborating with IBM on a blockchain-based system that could identify and flag recalled foods. Since then, it has dived into a number of patents and trials — e.g., tracking meat in China, tracking delivery drones, patenting smart deliveries and tracking live food …

Australian Reserve Bank Official Advises Caution in Anticipation of Libra

Governor of the Reserve Bank of Australia (RBA), Philip Lowe, cautions that Facebook’s announced virtual currency—Libra—may not attain mainstream usage in the near future, according to a report by Bloomberg on June 20 The report quotes Lowe as follows regarding Libra: “There’s a lot of water under the bridge before Facebook’s proposal becomes something we’re …

EToro Confirms Tokenized Asset Trial on Facebook Libra

United Kingdom-based trading platform eToro has conducted a successful trial of issuing tokenized assets on Facebook’s Libra protocol. The company confirmed the results in a blog post on June 20. According to a Github repository detailing its activities, eToroX, the firm’s recently-launched innovation and research offshoot, managed to debut its eToken on Libra. eToken is …

Recent Firefox’s Zero-Day Flaw Was Used in Attacks Against Coinbase’s Employees

The recent Firefox’s zero-day security flaw was used in attacks against major crypto exchange and wallet service Coinbase, according to a tweet from Coinbase security researcher Philip Martin posted on June 20. As Martin found, the reported critical zero-day vulnerability in Mozilla’s Firefox web browser, which was announced on June 18, has actually emerged along …