UPCO2 becomes first tradable carbon credit token listed on Bittrex Global

Universal Carbon (UPCO2) has become the first environmental crypto commodity to be listed on leading digital asset trading platform Bittrex Global.

UPCO2 is marketed as the world’s first tradable REDD+ carbon credit token and was launched on December 1 2020. As this publication reported last month, crypto broker Uphold noted the concept as one which “democratises access to millennials… 90% [of whom] now cite impact investing as their top strategy with climate change as the...

Chainalysis investigation shows connections between four notorious ransomware strains

Chainalysis, a blockchain analysis company, has released part of a report showing potential connections between four major ransomware cybercrime groups.

The company's 2021 Crypto Crime Report, which is due to be fully released in February, analyses blockchain ledgers to identify how cybercriminals are using cryptocurrencies.

Maze, Egregor, SunCrypt, and Doppelpaymer are the primary groups identified in the report.

Use of ransomware has massive increased in...

Kirobo claims ‘retrievable’ crypto transaction solution

Meet Kirobo. The Israel-based startup claims its solution can retrieve cryptocurrency that has been sent to the wrong address.

The company aims to add an extra layer of logic to give users and crypto service providers new capabilities. Kirobo 'provides a unique code to every transaction that must be entered by the recipient in order to receive the transfer', the company notes. 'Until the right code has been provided by the recipient, the sender can retrieve the funds at any...

Switzerland wants to accommodate crypto within existing financial laws

The Swiss Government believes that its existing financial laws are compatible to deal with new technologies like the 21st century’s most talked about distributed ledger technology (DLT) – the blockchain. And that is why the country’s Federal Council recently issued a report that outlines a legal framework for distributed ledger technology (DLT) to be included in the current financial system.

In the report, the council has proposed an amendment to the country’s securities...