A British startup has launched a cryptocurrency exchange and plans a merchant payment processor focused on businesses in London soon. Notably, the self-funded firm, called LazyCoins, is a registered Money Services Business (MSB) with the country’s tax authority. That is something no other British exchange can claim. “We’re trying to be as transparent as we can while waiting for the […]
Archives for February 2015
Cybersecurity Insurance Opportunities for Legacy Players and New Entrants hosted by Ty Sagalow
GLG CLIENT AUDIO SESSION: CYBER INSURANCE, Opportunities for Legacy Players and New Entrants, hosted by Ty Sagalow. After a series of costly and embarrassing data breaches in 2014, companies are assessing the economic ramifications and legal liabilities of cyberattacks. Ty Sagalow, President of Innovation Innovation Insurance Group, will address how the increasing threat of cybersecurity […]
LA Times: Spending on Cyberattack insurance soars, quoting IIG CEO Ty Sagalow
February 9, 2015 (Los Angeles). This LA Times article discusses the increase in cyber insurance due to the hack of Health insurer’s Anthem Inc’s computer system – affecting up to 80 million customers, and similar attacks over the last few years. According to the article “Hackers are wreaking havoc on big organizations, but they’re also […]
New York City Councilman Proposes Bitcoin Payments for Fines and Fees
New York City Councilman Mark Levine has announced he will introduce a bill tomorrow that, if adopted, would move the municipality to accept bitcoin as payment for fines and fees. The full bill would give New York City the ability to “enter into agreements” with financing agencies to allow it to accept bitcoin. Parking tickets and court […]
Bitcoin Transactions Will Double By 2017, Research Finds
A new report from Juniper Research forecasts that the number of bitcoin and altcoin transactions will more than double by 2017 to 56 million, up from 24.7 million in 2014 and 18 million in 2013. The finding is part of a new report from the market intelligence firm that analyzes the volume and value of […]
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