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Industry

OCC Gives U.S. Banks All-Clear to Use Blockchain and Crypto

Jan 13, 2021

The Office of the Comptroller of the Currency (OCC), the United States federal banking regulator  has delivered its latest regulatory shot in the arm for the cryptocurrency industry.

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CYBAVO to support Corda and Quorum

Feb 22, 2019

As blockchain technology and cryptocurrencies have become popular over time, more financial corporations have decided to get involved and leverage its advantages. Some of those corporations, have evolved from reluctance to a timid adoption, to developing their own solutions to fit their needs.

Insights

Setting multiple approvers to avoid fund loss in cryptocurrency wallets

Feb 11, 2019

QuadrigaCX, the largest cryptocurrency exchange in Canada, made the headlines recently for a very unfortunate reason. The exchange CEO, Gerald Cotten, passed away leaving no access to the exchange’s cold wallets. The cold wallets stored $190 million in different cryptocurrencies, including Bitcoin, Bitcoin Cash, Bitcoin Gold, Litecoin and Ethereum, both from the exchange and from its users. All these funds are lost since there is no way to retrieve the private keys.

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