PayPal-Backed Blockchain Analytics Firm Hires Former US Treasury Adviser
TRM Labs, a blockchain analytics firm with backing from PayPal, is adding Ari Redbord as its head of legal and government affairs.
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Paypal is reportedly working on a stablecoin backed by the U.S. dollar to expand its cryptocurrency offerings. “We will, of course, work closely with relevant regulators,” the company stressed. Paypal Is Exploring Launching Its Own USD-Backed Stablecoin Paypal Holdings Inc. is reportedly exploring the launch of its own stablecoin backed by the U.S. dollar as part of the company’s cryptocurrency push, Bloomberg reported Friday. Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at Paypal, confirmed to the publication: We are exploring a....
In a notable trend this year, crypto-focused companies are increasingly seeking to go public. The latest entrant to this wave is a newly established Bitcoin treasury firm backed by Tyler and Cameron Winklevoss, which is preparing for a public listing in Amsterdam. Treasury Plans Amsterdam Debut According to a report by Reuters, the Netherlands-based firm, […]
Coinalytics today announced it has rebranded as Skry, unveiling a new logo and revealing two new hires as part of its move to expand beyond services for the bitcoin blockchain. In an interview with CoinDesk, Skry co-founder and CEO Fabio Federici said the company is working to merge blockchain, big data and artificial intelligence in to a single product. Federici said: "The company itself wants to move beyond bitcoin, so sending out that clear message was important. But in order to do so, and to make it applicable to any blockchain, we needed that expertise to go from a bitcoin....
According to the blockchain intelligence firm Elliptic, cybercriminals are leveraging cryptocurrency analytics to get ahead of law enforcement. Elliptic says a “blockchain analytics tool has been launched on the dark web” and the tool is called “Antinalysis.” Meet the Blockchain Analytics Tool ‘Antinalysis’ Hosted on Tor On August 13, the blockchain surveillance company Elliptic published a blog post that details how the firm discovered a blockchain analytics tool that is leveraged by cybercriminals to protect themselves. The tool dubbed....
An identity management provider backed by PayPal, Foxconn and others has been acquired by Nevada-based holding company Blockchains LLC.