Blockchain platform Neo is using a new consensus algorithm on its mainnet, the delegated Byzantine Fault Tolerance mechanism. Chinese-based blockchain platform Neo has implemented a new iteration of its consensus algorithm, the Byzantine Fault Tolerance mechanism (dBFT 2.0), on its mainnet, according to a press release on June 4. The new algorithm purportedly provides immediate […]
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The Securities Commission Malaysia has registered crypto exchanges Luno Malaysia, Sinegy Technologies and Tokenize Technology for operation. The Securities Commission Malaysia (SC) has registered cryptocurrency exchanges Luno Malaysia, Sinegy Technologies and Tokenize Technology, according to a press release on June 4. Crypto exchanges are reportedly required by law to register with the SC, and the […]
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Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds. Polish cryptocurrency exchange Coinroom has reportedly shut down its operations and disappeared with customer funds, local business news outlet money.pl reported on May 31. Money.pl received an email from one of its readers, who stated that Coinroom — which was […]
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Chinese crypto exchanges facilitate 60% of all tether trading globally. Chinese cryptocurrency exchanges facilitate 60% of all stablecoin tether (USDT) trading globally, according to an analysis by Diar on June 3. According to the report, Chinese exchanges in 2019 thus far account for over $10 billion in USDT trading. The United States, in contrast, is […]
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Cadence is believed to be the first digital asset to obtain a Financial Instrument Global Identifier, known as FIGI for short. A blockchain-based alternative investment provider that tokenizes commercial debt is being listed on the Bloomberg Terminal, according to a news release published on June 4. Cadence is believed to be the first digital asset […]
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The Marshall Islands has formed a non-profit organization to support the government in the implementation of the country’s national digital currency, the SOV. The Republic of the Marshall Islands (RMI) has formed a non-profit organization to support the government in the implementation of the country’s national digital currency. The development was announced in a press […]
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Digital asset trading platform OKCoin has expanded its trading services and opened an office in Malta. Digital asset trading platform OKCoin has expanded its trading services and opened an office in Malta, according to a blog post published on June 4. OKCoin has launched its services to non-United States customers, who can now deposit and […]
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Amsterdam-based exchange Blockport previously declared bankruptcy after its STO did not reach an expected $1.1 million soft cap. Amsterdam-based crypto exchange Blockport will attempt a relaunch after the firm said it would shut down its platform by the end of May, tech news outlet The Next Web reports on June 4. On May 22, Blockport […]
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The United States Federal Bureau of Investigation called for former users of the QuadrigaCX crypto exchange to answer a survey. The United States Federal Bureau of Investigation (FBI) called for former users of the QuadrigaCX cryptocurrency exchange to provide information in an official announcement published on June 3. Earlier this year, QuadrigaCX had filed for […]
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A malware dubbed BlackSquid infects web servers by employing eight different security exploits and installs mining software. Cybersecurity firm Trend Micro announced that it found a malware dubbed BlackSquid that infects web servers employing eight different security exploits and installs mining software. The findings were announced in a blog post published on June 3. Per […]
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