Blockchain Daily Digest – November 29th, 2019

1.     Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts

US cryptocurrency exchange Coinbase has been awarded a new patent from the US Patent and Trademark Office for an automated system to flag and remove non-compliant user accounts.  

2.    CipherTrace: Cryptocurrency Theft Alarming at $4.4 Billion in 2019

According to a report by CipherTrace, a blockchain forensics company, the cryptocurrency sector has lost a whopping $4.4 billion in scams and thefts so far this year, up by more than 150% from $1.7 billion in 2018.  

3.     Worldwide Payment Provider Adopts New Crypto-to-Crypto Buy and Sell Feature

Skrill, a notable worldwide payment provider, has revealed its latest move of integrating a new option that permits the buying and selling of all cryptocurrencies into its platform. 

4.     KPMG Launches Blockchain-Integrated Supply Chain Platform in Australia, China & Japan

KPMG, a Big Four audit firm, announced on Nov. 28 that it has rolled out a blockchain-enabled track and trace platform dubbed KPMG Origins in Australia, China, and Japan. 

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