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06/28/2024
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By Richard Brown
New law grants U.S. president power to block access to all digital assets
A recent enactment in the United States has given the president unparalleled authority to curtail access to digital assets, triggering significant concern over its wide-ranging implications and potential impact on users. Scott Johnsson, a prominent figure in the digital assets field, voiced strong criticism of the law’s expansive reach on June 6, expressing: “It’s difficult […]
03/20/2024
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By Zoey Sky
Fox launches Verify blockchain platform that tracks content origin and history
Fox Corporation, one of the United States’ largest mass media companies, has launched a blockchain platform that allows firms to track how their content is being used online. The platform also allows users to verify the source of what they see. The Verify platform, which was developed in partnership with blockchain Polygon Labs, a blockchain company, was […]
05/15/2023
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By News Editors
Ordinals, the beginning of the end of BTC?
Ordinals is a new NFT protocol on Bitcoin Core (BTC) that allows storing of data directly in the blockchain. The protocol is based on tracking individual Satoshis and reusing them as NFTs. This is referred to as “inscriptions“. Tracking is based on the order in which Satoshis are either mined or used in transactions. (Article by Tilman […]
05/12/2023
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By News Editors
Why the Mimblewimble protocol makes other privacy coin protocols obsolete
When evaluating the different blockchain protocols, it is not just a question of data protection on the one hand, but also of decentralization and scalability on the other. When it comes to the data protection granted by a system, it is necessary to consider what information leaks out through its use. No current blockchain system […]
04/17/2023
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By Arsenio Toledo
Utah governor signs bill to launch pilot program for blockchain-based digital ID system
Utah Gov. Spencer Cox has signed a bill launching a pilot program for the creation of a blockchain-based digital ID system. Cox, a Republican, signed House Bill 470, a law that requires the Division of Technology Services (DTS), the main information technology service provider for the state government and an agency within the Department of Government Operations, to […]
11/18/2022
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By JD Heyes
Feds introducing ‘digital’ currency that government can ‘program’ to control individual behavior
As the United States is preparing to enter a significant and purposeful recession that could eventually trigger a full-blown depression, the Federal Reserve has announced a “digital currency pilot program” at all 12 of its banks — currency that the government will be able to “program” in a way to control personal spending habits and […]
08/11/2022
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By Belle Carter
US Treasury group blacklists cryptocurrency mixer Tornado Cash over predictable “money laundering” claims
The Department of the Treasury‘s Office of Foreign Assets Control (OFAC), a U.S. government watchdog agency, sanctioned cryptocurrency mixer Tornado Cash on Monday, August 8. The OFAC said Americans could no longer use the app because it “launders the proceeds of cybercrimes.” “Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls […]
08/04/2022
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By Arsenio Toledo
Solana blockchain targeted in cyberattack, hackers stole $5.2 million worth of crypto assets from around 8,000 wallets
Approximately 8,000 digital wallets connected to the blockchain platform Solana have been targeted by hackers, who have drained them of over $5.2 million worth of digital assets – including the platform’s own sol coin, USD Coin (USDC) and a small number of non-fungible tokens. According to Twitter account Solana Status, which provides status updates for the Solana […]
06/29/2022
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By Arsenio Toledo
Hackers steal over $104 million worth of crypto assets from blockchain bridge
Hackers have stolen approximately $104 million worth of cryptocurrency from cryptocurrency startup Harmony, which hosts the Horizon “blockchain bridge.” Blockchain bridges facilitate communication between different blockchains and allow users to send cryptocurrencies and other assets like tokens and NFTs between different blockchains. These bridges play big roles in the world of decentralized finance (DeFi), as the spread-out nature […]
05/20/2022
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By Kevin Hughes
Domino effect: TerraUSD collapse sends Bitcoin, Ethereum crashing
A recent market meltdown in the broader crypto market has cryptocurrencies like Bitcoin and Ethereum suffering huge losses. The massive meltdown was caused by the collapse of TerraUSD, one of the world’s biggest stablecoins. TerraUSD traded for as low as 23 cents amid panic selling and triggered a meltdown that sent cryptocurrency values plummeting. (Related: “Stablecoins” Terra and Luna crater, […]
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