Cureativ is hosting The State of Digital Money 2018

Back for a 3rd year The State of Digital Money 2018 is set to be held in Los Angeles on May 5 to catch up with the latest in fintech, blockchain and digital currency
17 April 2018   449

Premier professional event and conference The State of Digital Money 2018 will be held in Los Angeles on May 5 at Cross Campus Downtown LA venue. The focus of the event is evolving trends and emerging technologies in the global financial system and worldwide transactions. Study of some of the most pioneering fintech successful cases, future fintech design, startup opportunities, innovation and entrepreneurship are among the topics of the agenda.

A deep-dive is expected into the following topics:

  • The evolution and adoption of Digital Money in major industries and opportunities for disruption
  • The future of blockchain technology and use cases in multiple sectors
  • Payments innovation for merchants, consumers, and in remittances
  • Assessment of the viability of cryptocurrencies for practical uses
  • Future financing models, alternative lending, and hot new trends like ICOS
  • Regulations and compliance issues and future trends in regtech
  • In-depth look into AI and machine learning and how it is disrupting finance, wealth management, and other industries
  • How companies are cultivating and implementing data for a competitive advantage
  • Assessment of cybersecurity risks and the viability of various protection strategies through AI, blockchain or biometrics

The agenda can be found here.

 

Japan to Tighten Regulation Due to Zaif Hack

$ 62 000 000 worth cryptocurrency was stolen from the Zaif exchange few weeks ago
25 September 2018   82

Hacking of Zaif exchange is the reason for toughening control over the market by the financial regulator of Japan, Reuters reports.

The first measure taken was administrative sanctions against the exchange and its operator Tech Bureau Corp. The Financial Services Agency (FSA) has expanded the list of requirements for the latter, pointing out the need to identify preventive measures and search for the organizers of the theft.

Shortly before that, researchers of the Japanese financial company Tech Bureau Corp could not provide details of the theft of $ 62 million from the Zaif crypto exchange at the request of the FSA. The Osaka-based operator had to investigate the causes, consequences of the theft and options for compensating the victims. According to the Agency, the financial company could not cope with the task.

According to the Tech Bureau, the exchange was hacked on September 14 within a few hours. The problem with the server was discovered by the site staff on 17 September. Official confirmation of the incident and notification of the authorities was made only a day later.

Recall, the theft of $ 60 million from the Japanese stock exchange Zaif caused a surge of volatility of bitcoin. For a short time the price was able to overcome the distance of $ 400.