Auditors see foul play in the deployment of the smart contract, resulting in a classic scam. On November 2, the Axion Network launched its new token, known as AXN. The project touted the asset as a new investment vehicle, claiming that it would be the most profitable blockchain of its kind to date. During the […]
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Can blockchain technology de-escalate nuclear tensions? Researchers at the Centre for Science and Security Studies at King’s College London have turned to analyzing “non-political” solutions for the problem of nuclear disarmament. The researchers’ new report notes that the multilateral nuclear order consolidated around the United Nations’ Non-Proliferation-Treaty, or NPT, has been consistently beset by problems […]
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China’s digital yuan pilot program is picking up speed. The governor of China’s central bank has given more details about the country’s ongoing digital currency pilot. Yi Gang, governor of the People’s Bank of China, said that the digital yuan pilots have processed over four million transactions to date, totaling more than 2 billion yuan […]
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The project will “explore if there is a future role for a wholesale CBDC in the Australian payments system,” according to the RBA. According to a Nov. 2 announcement from The Reserve Bank of Australia, or RBA, the financial institution will be partnering with the Commonwealth Bank, National Australia Bank, the financial services company Perpetual, […]
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Experts in the blockchain and crypto industry make their wishes for Bitcoin’s 12th birthday While the crypto community decides whether Bitcoin (BTC) was born — or merely conceived — 12 years ago, the fact is that Oct. 31, 2008, remains one of the most notable dates in humanity’s modern history. Exactly 12 years ago, Satoshi Nakamoto published […]
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The lightchain-vs.-darkchain dichotomy is counterproductive, and a healthy graychain will produce more valuable crypto assets like Bitcoin. In the last month, we’ve seen the United States Federal Reserve come after BitMEX for failing to identify customers, crypto intelligence firm CipherTrace report that most crypto exchanges are not collecting enough user info, and the so-called “FinCEN […]
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We are now starting to see the crossover of regulation in the digital asset market and digitalization of the traditional market. From what started as something of a “technological experiment” with Bitcoin (BTC) over a decade ago, the crypto asset industry has become a significant driver for change in global financial markets. Cryptocurrency exchanges started […]
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You can’t just mine crypto for profit using other people’s systems without them approving it. An Italian airport staffer allegedly took advantage of the computer systems at his place of work in order to mine Ethereum (ETH). Employed at an airport located in the Italian city of Lamezia Terme, the staffer allegedly put mining malware […]
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News requires an element of trust. Blockchain may be able to help. Verizon has unveiled “a blockchain-based, open-source newsroom product designed to raise the bar for corporate accountability,” according to a public statement today. Called Full Transparency, the platform is meant to immutably document the company’s own news releases on a public blockchain. Verizon posted […]
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Raising $10 million out of $117 million to date, INX expects to finish the IPO by year’s end. Global digital asset trading platform INX is expanding its ongoing initial public offering, with listings on exchanges worldwide. In a move to boost the liquidity in its $117 million IPO, INX has applied with the Canadian Securities […]
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