A new association dedicated to the research and development of blockchain technology is being created in Switzerland. Monero launches a documentary so that society knows the advantages of using cryptocurrencies such as Bitcoin and Monero. This and more news in this handy daily summary so you are always informed with those most recent events that happen within the crypto world.
📍 The University of Southern Switzerland is creating a new association aimed at research, support and promotion of technology blockchain applied to different industries. Under the name of Ticino Blockchain Technologies Association, this new research group is empowered to promote and facilitate innovation and research in the field of blockchain, merging the public and private sectors, in order to promote the development of all sectors related to blockchain technology and decentralized applications (dApps). Among the most prominent members of this association are: University of Applied Sciences and Arts of Southern Switzerland (SUPSI), the Università della Svizzera Italiana (USI), Copernicus Holdings, Poseidon Group, Bitcoin.com, among others.
📍 The Monero community released a documentary that reviews “an overview” of Monero (XMR) y Bitcoin (BTC) within the current panorama experienced by the economic crisis.
The documentary seeks to show the advantages, benefits and risks of cryptocurrencies, against fiat money and assets such as gold, showing the unfavorable position that the latter may have in the coming years due to the serious consequences that the current global crisis is leaving. For the Monero community, the important thing is that society wakes up to the new reality and visualizes the advantages offered by scarce and decentralized assets like these two cryptocurrencies.
📍 Acronis, an international cybersecurity firm based in Switzerland, published a report where it indicates that the number of cyber attacks on the digital platforms of companies that work remotely increases every day. According to the report, 3 out of 10 companies are victims of a daily cyber attack, as well as the 68% of companies receive one of these attacks at least once a month. Likewise, the Acronis report points out that most companies, especially banking and government entities such as the Argentine Migration Office, are not prepared to protect themselves from hacks, data breaches, ransomware, phishing, among others.
The data collected for the writing of this report comes from more than 3.400 people interviewed in different countries, including Spain, the United States and Germany. Among those interviewed by Acronis are company representatives and personnel who work remotely for a company.
📍 Brian brooks, the current director of the United States Comptroller's Office, proposes the approval of regulations to issue federal licenses to companies and payment companies in different states of the country. The approval of these licenses is one way to boost the adoption of cryptocurrencies and digital assets.
Brooks, who served as Coinbase's chief legal officer, is lobbying US regulators for approval of his proposal.
📍 User who mistakenly sent more than 1 million dollars to the smart contract of Swerve, a protocol DeFi, got his money back after Tether CEO, Paolo Ardoino, I would return the fondos.
Although Ardoino did not provide details of how it returned the funds to the user, Samson Mow, CEO of Blockstream, posted a tweet indicating that accepting that the tokens were burned and reissuing them would be a way to return the funds to the user, a comment that Ardoino noted as the smartest option.
📍 In Venezuela, Paxful, a renowned cryptocurrency exchange of American origin, withdraw its operations from the Latin American country, leaving users with 30 days to withdraw their Bitcoin funds from the platform. The team behind the platform did not give further details about the decision, but many estimate that it is due to the sanctions that Donald Trump's administration has imposed on the country. In the announcement, the Paxful team expresses that although it has always strived to provide its financial services to all users equally, it must withdraw from Venezuela, even though it considers that these users are the ones who most need its services and financial opportunities.
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