Binance said that its investigation of a KYC data leak that occurred on Aug. 7 is still ongoing. The exchange’s security and investigations team is purportedly trying to identify the source of KYC images similar to those leaked by an unidentified hacker. Cryptocurrency exchanges will often require users to submit an image of themselves presenting credentials in order to verify their identity. Binance states that some of the leaked images overlap with images that were processed by a third party vendor the exchange contacted several times from early December 2018 to late February 2019. The announcement further explains: “During our

Standard Bank will now develop trade finance solutions alongside major global financial institutions such as French BNP Paribas and Dutch ING. Backed by the world’s biggest bank, the Industrial and Commercial Bank of China, Standard Bank is the first African bank to join the network, the press release notes. To date, the Marco Polo Network includes over 20 global financial firms such as Commerzbank, Anglo-Gulf Trade Bank, Danske Bank, NatWest, Alfa Bank, Bayern LB, Helaba, S-Servicepartner, RBI and Bradesco. Network’s objectives The Marco Polo Network is a collaboration of blockchain-focused enterprise software company R3 and Irish tech firm TradeIX that

Judge Joanna Korner of Southwark Crown Court ruled that the police could confiscate $1.1 million worth of digital currency from Grant West. In his cyber attacks, West allegedly operated under the online pseudonym “Courvoisier” and used phishing emails to steal customers’ personal data — including financial data, as well as credit and debit cards details — before selling it on the dark web with cryptocurrency. 78 million individual usernames West targeted companies including Sainsbury’s — the second largest retail chain in the United Kingdom — general merchandise retailer Argos and Uber. During the investigation, the police seized an SD card