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Insurance Giant AXA XL Launches Security Token and Crowdfunding Insurance Service

“Insurance giant AXA XL and insurance technology startup Assurely have jointly launched a new insurance product covering equity crowdfunding and Security Token Offerings (STOs), according to a press release published on March 6” writes Ana Alexandre for cointelegraph.com. AXA XL is reportedly the second largest insurer in Europe, also providing risk management and reinsurance services to insurance companies globally.As Cointelegraph reported in February, blockchain security firm and crypto wallet service BitGo announced plans to offer crypto insurance through Lloyd’s of London.The new product dubbed CrowdProtector is designed for issuers and investors, and purportedly…

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U.S. mosques increase security after New Zealand attack

“NEW YORK (Reuters) – Mosques around the United States increased security measures for Friday prayers after a gunman shot dead 49 people and wounded more than 40 at two New Zealand mosques” writes Midwest Communications Inc for 95kqds.com. For years, American Muslims have become used to police patrols, active shooter drills and private security officers guarding mosques for Friday prayers.CAIR urged worshippers in the United States and abroad to take “stepped-up security precautions.”.  Source: 95kqds.com

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Wall Street Journal publishes op-ed from former White House aide accused of domestic abuse

“The incident prompted the White House to overhaul its security clearance process” writes Caitlin Oprysko for politico.com. Former White House aide Rob Porter emerged Thursday night with an op-ed in The Wall Street Journal, writing in support of President Donald Trump’s trade agenda more than one year after his departure from the White House amid accusations of assault from two of his ex-wives. Source: politico.com

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The Cradle Act would tap Social Security to fund parental leave—here’s what financial advisers think

“Almost every industrialized country except the U.S. gives working mothers at least three months of paid maternity leave, and in most of those countries, such programs are funded through a tax” writes Kerri Anne Renzulli for cnbc.com. But having workers tap their Social Security income early and delay retirement is likely to have big effects on their entire financial lives, not just the few months they cared for their new baby, according to financial planners CNBC Make It spoke with. Source: cnbc.com

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The Cybersecurity 202: DARPA has a plan to making voting machines far more secure

“The Pentagon research agency that played a key role in inventing GPS and the Internet has a plan to make voting machines far more secure against hackers” writes March At Am for washingtonpost.com. Galois unveiled the voting machines at a George Washington University election security conference Thursday.Hackers at that conference found numerous vulnerabilities in existing voting machines during last year’s conference.During the same conference where Galois unveiled the voting machine program, Sen. Source: washingtonpost.com

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Facebook’s former chief security officer compares company to ‘The Matrix.’ Whoa.

“Stamos is clearly, if perhaps unintentionally, equating the oppressive machine-driven simulation in The Matrix with the Facebook platform itself” writes Jack Morse for mashable.com. Accompanying this last tweet is a screenshot from the final scene of The Matrix Revolutions, the third movie in the trilogy.Just ask the company’s former chief security officer, Alex Stamos, who in a Twitter thread detailing a possible cause of Facebook’s March 13 mega outage managed to draw a pretty clear line between his one-time employer’s social media platform and the machine-run simulation of The Matrix…

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Crypto News 

Republican Leader Claims Blockchain Can Make US Government More Efficient

“Kevin McCarthy, the current Republican Minority Leader in the United States House of Representatives, said on Tuesday, March 12, that blockchain can make the U.S. Congress a more efficient and transparent place” writes Ana Berman for cointelegraph.com. The first laid groundwork for storing so-called certificate tokens representing stocks on a blockchain “or other secure, auditable database,” and permitted their digital transfer. Source: cointelegraph.com

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The US sees Turkey’s purchase of Russia’s advanced missile system as a big problem for NATO, but Turkey says it can’t quit the deal

“NATO member Turkey has repeatedly said it is committed to buying the Russian missile defense system, despite warnings from the United States that the S-400s cannot be integrated into the NATO air defense system” writes Steve Holland for businessinsider.com. Disputes over strategy in Syria, Iran sanctions and the detention of U.S. consular staff remain unresolved, and the issue of missile defense threatens to widen the rift again.FILE PHOTO: Russian servicemen drive S-400 missile air defence systems during the Victory Day parade at the Red Square in Moscow Reuters WASHINGTON (Reuters)…

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Crypto News 

IBM Publishes Patent for Resisting Replay Attacks in Permissioned Blockchains

“Multinational computing giant IBM is adding to its arsenal of blockchain patents with an application for improving the security of permissioned blockchain networks” writes Marie Huillet for cointelegraph.com. The patent is entitled “Resisting replay attacks efficiently in a permissioned and privacy-preserving blockchain network,” and outlines security techniques for withstanding such attacks while maintaining valid user permissions and privacy. Just last week, the tech giant unveiled two new blockchain patent applications, one targeted at network security and the second focused on using blockchain to streamline database management systems.The patent, first filed…

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Nasdaq-Powered EU Digital Exchange DX Launches Security Token Trading

“Estonia-based Nasdaq-powered digital trading platform DX.Exchange is claiming an industry first with its launch of security token trading and security token offering (STO) listings” writes Marie Huillet for cointelegraph.com. As security tokens continue to gain industry traction, top crypto exchange Binance is also eyeing the sector, signing an MoU last fall with the Malta Stock Exchange’s fintech and digital asset subsidiary, MSX PLC to jointly launch a new security token digital exchange.The platform’s investment committee reportedly assesses security tokens issuers on the basis of their white paper’s transparency, fundraising method…

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