Dutch National Police Set Sights on Blockchain-Based Cloud Services
The Dutch National Police have taken an interest in Blockchain-based cloud services. A presentation given over the summer reveals a new focus on Storj and Filecoin. Members of the Dutch National Police and UNIJURIS gave a presentation in July titled "Technical and Legal Challenges of Criminal Law Enforcement in the Digital Age ." This is an update of a....
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A total of six people has been arrested during police raids yesterday, which took place in The Netherlands and beyond. These police raids are a result of an ongoing investigation regarding money laundering with Bitcoin, a service offered by several individual residing in the Rotterdam area. Bitcoin’s PR problem has gotten slightly worse yet again by the look of things. It is not the first time Bitcoin is linked to money laundering activities. However, this police investigation focuses on several individuals offering a guaranteed anonymous exchange from fiat currency to Bitcoin. This type....
The Dutch National Bitcoin Congress was held on June 24 and attended by bankers who appear to be enthusiastic about the blockchain. However, despite the name, the event largely ignored the existence of bitcoin and its trustless, peer to peer transaction network. If any of the speakers at the Dutch National Bitcoin Congress (NBC) summed up the day's general atmosphere, it's British digital transaction consultant David Birch, who said: "The future of money isn't Bitcoin [...] and the future of Bitcoin isn't money." In a sold-out room packed with suits, the Dutch financial sector gathered to....
Technology has come to that point where all businesses are migrating to cloud based services. Everything from emails, websites, file sharing to enterprise level software run on cloud services these days. Therefore, it doesn't come as a surprise that the cybercriminals are also choosing greener pastures for their business (if you can call it so). Cloud: The New Home for Cybercriminals. It was found that the number of attacks on cloud services have gradually increased in the past one year and the trend is expected to continue. Alcatel Lucent's Motive Security Labs define cloud services as....
Prosecutors from the Netherlands have seized 2,532 bitcoins worth $33 million after a couple was convicted of money laundering by the Rotterdam District Court. The man and his wife were sentenced to two years for illegal money transmission and the court claims the couple’s bitcoin stash was used on the deep web. Dutch officials recently arrested and charged a man and his wife for illegal money transmission and money laundering. According to the Dutch Public Prosecution Service from the Rotterdam District Court, the two suspects laundered close to $19 million using bitcoin during the....
IBM today announced a new framework for securely operating blockchain networks, as well as new services on the IBM Cloud that meet stringent regulatory and security requirements. According to the company, IBM has created essential new cloud services for tamper-proof, trusted blockchain networks. "Clients tell us that one of the inhibitors of the adoption of blockchain is concerns about security," said Jerry Cuomo, vice president of Blockchain, IBM. "While there is a sense of urgency to pioneer blockchain for business, most organizations need help to define the....