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Report: Hackers Breach AT&T Email Accounts, Steal Victims’ Crypto Funds
28.4.2023
Cybercriminals have reportedly breached AT&T email accounts and are using the access gained to steal crypto assets from their victims. While a spokesperson for AT&T has denied claims that hackers have gained access to the company’s internal systems, a report suggests that as much...
China and Singapore team up to scale green and transition financing
23.4.2023
China and Singapore will collaborate “on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon future for our countries and the region.”
Connecting DeFi: How multichain token systems can improve liquidity
19.4.2023
Multichain token systems can move tokens between different blockchains, allowing users to access liquidity across multiple markets
Central Banks Successfully Test DLT in Linking Financial Settlement Systems
19.4.2023
The experiment, called Project Meridian, shows it's possible to settle large synchronized transactions in central bank money, a report said
Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining
18.4.2023
While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant...
Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency
13.4.2023
According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries have to base their...
Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses
4.4.2023
On April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 million. An analysis of the exploit revealed that a renegade validator switched the MEV bots’ transactions and seized various crypto tokens, such as 7,460 wrapped...
Finance Ministry to review GSTN portal and GST systems on April 4
4.4.2023
According to reports, the Finance Ministry has scheduled a meeting for April 4, 2023, to carefully examine the current GST systems and the functioning of the GSTN portal. The need for this emerged because plans are in motion for the GST system to integrate technologies like advanced data analytics...
A brief history of artificial intelligence
2.4.2023
AI has evolved from the Turing machine to modern deep learning and natural language processing applications
‘AI Tools Will Provide Very Interesting Enhancements for the Metaverse’ — Upland Co-Founder
1.4.2023
According to Dirk Lueth, co-founder of the Upland Metaverse, the colonization of the metaverse by tech giants and the building of so-called “walled garden systems” is not sustainable. Lueth argues that instead of “locking users in,” the metaverse should usher in “a...
7th Annual Legal, Regulatory, & Compliance Forum on FinTech & Emerging Payment Systems
31.3.2023
April 18-19, 2023 | NY Hilton Midtown, New York, NY Join 2 days of intense discussions to benchmark among peers, absorb key compliance takeaways around anticipated increased regulatory enforcement, and delve into what it will take for the modern fintech to prosper at the 7th Annual Legal...
John Shutt, Smart Contract Engineer at UMA, on Encrypted Messaging Systems, DAO Governance, and Off-Chain Voting Decisions | Ep. 214
21.3.2023
In an exclusive interview with cryptonews.com, John Shutt, Smart Contract Engineer at UMA and Co-Founder of the Across Protocol, talks about encrypted messaging systems, UMA’s Data Verification Mechanism, and the importance of DAO governance.
John Shutt is a smart contract engineer at UMA...
Peter Schiff blames ‘too much gov't regulation’ for worsening financial crisis
19.3.2023
Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance
What are distributed systems, and how do they work?
18.3.2023
Get insights into how distributed systems work with this comprehensive overview
Bank of Russia Registers Another Digital Asset Issuer
13.3.2023
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally tokenize traditional assets and organize their trade. Number...
South Korea launches Metaverse Fund to expedite domestic initiatives
12.3.2023
With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem
Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue
9.3.2023
Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems....
China announces plans for new national financial regulator
7.3.2023
The new administration will replace the current banking and insurance watching that coincides with a larger government overhaul
Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’
28.2.2023
According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards...
Top 5 universities to study blockchain in the UK
28.2.2023
Universities in the U.K., including Cambridge, Imperial, Edinburgh, Oxford and University College London, offer blockchain-related programs