Author Archives: Darren Marchal

5 Best-Kept Secrets of the Finance Industry Closely monitor indus

Finance is undeniably one of the essential departments of any company, whether small or large. However, several people have the assumption that finance professionals are only responsible for money management. While handling cash flows is the primary responsibility of the finance sector, it is not its only function. Finance individuals are also in charge of…

How To Apply For A Debt Collection License

California Governor Gavin Newsom signed Senate Bill 908, including the California Debt Collection Licensing Act, into law on September 25. Persons who engage in debt collection in California with California residents will be required to be licensed by January 1, 2021, under the Act. The Act, in particular, covers businesses that collect debt on their…

Explainer: How hackers stole $600 mn in crypto tokens from Poly N

By Gertrude Chavez-Dreyfuss and Michelle Price WASHINGTON (Reuters) -Hackers pulled off the biggest ever cryptocurrency heist on Tuesday, stealing more than $600 million in digital coins from token-swapping platform Poly Network, only to return $342 million worth of tokens less than 48 hours later, the company said. Here is what we know so far about…

Over half of crypto tokens stolen in $610 mn hack now returned: R

By Tom Wilson LONDON (Reuters) – Hackers behind one of the biggest ever digital coin heists have now returned over half of the $610 million-plus they stole, the cryptocurrency platform targeted by the hack said on Thursday. Poly Network, a platform that facilitates peer-to-peer transactions, said on Twitter https://twitter.com/PolyNetwork2/status/1425733950614360064 that, as of 0818 GMT, hackers…

Hackers return $260 million to cryptocurrency platform after mass

By Tom Wilson, Tom Westbrook and Alun John LONDON/SINGAPORE/HONG KONG (Reuters) -Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of about $600 million in digital coins they stole, blockchain researchers said on Wednesday. Poly Network, a decentralised finance platform that facilitates peer-to-peer transactions, announced the hack on Twitter…