A US engineering firm awarded singer and entrepreneur Akon with a $6B contract to build a crypto city in Senegal. U.S. engineering firm, KE International, awarded Senegalese-American singer and entrepreneur Akon with a $6 billion contract to build a cryptocurrency city in Senegal. According to a June 4 announcement, KE International secured $4 billion from […]
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As protests against police brutality continue in the U.S., privacy advocates warn of the risks posed by centralized social media platforms. The protests in the United States against police brutality and systemic racism sparked by the murder of George Floyd by former Minneapolis police officer Derek Chauvin on May 25 are showing no signs of […]
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A Bangeldeshi government agency is collaborating with IBM to harness blockchain for modernizing the country’s digital pension system. IBM has announced an initiative to build a distributed ledger technology, or DLT, based architecture to underpin the digital pension system for Bangladeshi primary school teachers. The proof-of-concept comprises a permissioned network of teachers and other stakeholders […]
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MSU officials stated that the ransomware gang won’t receive any payments following the attack. In early June, media outlets reported that the NetWalker ransomware gang had attacked Michigan State University, or MSU. At the time, the gang threatened to leak students’ records and financial documents. The university’s officials now have said that they will not […]
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The Advancing Blockchain Act could allow the United States to join other major players at the cutting edge of blockchain technology. Governments worldwide are reaping the benefits of blockchain integration within a number of fields. As Dubai deploys blockchain as part of its smart city initiative, citizens of Georgia interact with the technology to register […]
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Florence, AL was targeted by the DoppelPaymer ransomware attack and officials plan to pay the ransom demanded. A ransomware gang launched an attack on the information technology systems of Florence, Alabama in may. This attack came despite warnings by cybersecurity firms about possible hacker infiltration into the city’s infrastructure. According to a KrebsOnSecurity report from […]
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South Korea’s second-largest city, Busan, will let its citizens access government services using a blockchain-based identification app developed by Coinplug. Busan, the second-largest city in South Korea, has launched an identification app that uses a public blockchain to verify citizen information. The app was developed by Coinplug, a Korean startup working within the regulatory sandbox […]
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Congressional candidate Jonathan Herzog believes that the U.S. government needs to embrace crypto and blockchain not to fall behind other nations. Jonathan Herzog is running for Congress in New York’s 10th district, and is counting on the support of the crypto community to push him past the incumbent of almost 30 years, Jerrold Nadler, in […]
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Suzhou wants to implement a blockchain-based pilot program to use real-time notarial tracing functions across the country. Local media outlets are reporting that a blockchain-powered pilot program will provide a wide range of notary services in Suzhou, China. According to China Quality News, authorities of Suzhou announced on June 5 that this program aims to […]
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As protests rage throughout the United States, this week’s biggest moves in crypto law were behind the scenes. Cointelegraph’s weekly newsletter on the latest in law, policy and regulation for the crypto and fintech industry. Editor’s note A lockdown spring is giving way to a protest summer in the U.S., and this will be an […]
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