New Sanctions Purpose: Justice for Victims of Corrupt Foreign Officials Act

Asset Freeze Financial Prohibitions Prohibitions Canada has imposed targeted measures against foreign nationals who are, in the opinion of the Governor in Council, responsible for or complicit in gross violations of human rights; or are public officials or an associate of such an official, who are responsible for or complicit in acts of significant corruption,…

Yes, this kid really just deleted $300 MILLION dollar by messing around with Ethereum’s smart contracts.

Last year, The DAO, a decentralized ‘autonomous’ investment fund, got hacked for $50 million. In July, a hacker was able to steal $31M of Ether by exploting a bug found in Parity’s wallets. Today, we have the worst hack yet, only this time, the stakes are even bigger and it is all just one big…

An Open Source Protocol for Digital Sovereign Identity

  Ashley Brooke Taylor cooperative systems for a circular economy September 7, 2017 Blockchain holds the potential to be a powerful accounting system for many transactions taking place today. Most importantly it can be a tool to account for sustainability and impact investment, things that money has had trouble accounting for truly. The decentralization blockchain…

Virtual currency offerings banned

By Wu Yiyao in Shanghai 2017-09-06 Initial coin offerings, raising funds through the launch of token-based virtual currencies, have been banned in China, according to an announcement made by several authorities on Monday. Analysts said that authorities move to ban ICOs is not surprising given that ICOs, with strong liquidity and great risk exposure, have…

Cyber attacks: EU ready to respond with a range of measures, including sanctions

European Council Council of the European Union   9/06/2017 Press release 357/17 Foreign affairs & international relations The Council agreed to develop a framework for a joint EU diplomatic response to malicious cyber activities, the cyber diplomacy toolbox. The EU recognises that cyberspace offers significant opportunities, but also poses continuously evolving challenges for EU external…

Russia has developed a cyberweapon that can disrupt power grids, according to new research

Washington Post By Ellen Nakashima June 12 at 8:00 AM Russian government hackers have already shown their interest in targeting U.S. energy and other utility systems, researchers say. (Andrew Caballero-Reynolds/Agence France-Presse via Getty Images)   Hackers allied with the Russian government have devised a cyberweapon that has the potential to be the most disruptive yet…