U.S. money transfer giant MoneyGram has confirmed that hackers stole its customers’ personal information and transaction data during a cyberattack last month. The company said in a statement Monday that an unauthorized third party “accessed and acquired” customer data during the cyberattack on September 20. The cyberattack — the nature of which remains unknown — […]
Amex, Visa, Citi, Paypal Invest in Crypto Transaction Monitoring and Forensics Platform
American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors in the latest funding round of crypto transaction monitoring and forensics platform TRM. Amex, Visa, Citi, Paypal Invest in TRM Platform Crypto transaction monitoring and forensics platform TRM announced Tuesday investments […]
US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small investors. Senator Elizabeth Warren Says ‘There’s a Whole List of Problems With Crypto’ […]