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Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit
30.4.2022
According to a report from the blockchain company Blocsec, Rari Capital’s Fuse platform has lost roughly $80 million from a “reentrancy vulnerability.” On Saturday, Fei Protocol’s official Twitter account confirmed it lost funds from the Rari Fuse platform exploit....
Fidelity’s Bitcoin 401(k) Offering Risks Retirement Security of Americans, Says Labor Department Official
30.4.2022
The U.S. Labor Department has “grave concerns” about Fidelity Investments allowing investors to put bitcoin into their 401(k) accounts for retirement savings. An official of the Labor Department said it risks the retirement security of Americans, stressing that...
Central Bank of Cuba Introduces Specific Virtual Asset Service Providers Regulation
29.4.2022
The Cuban government has issued new regulations concerning the operation of virtual asset service providers (VASPs) in the country. In an official resolution, the Bank of Cuba establishes specific procedures that these individuals or companies must follow to operate legally in the country, after...
UK Regulator Seeks International Crypto Regulation Coordination, Not Over-regulation - Official
28.4.2022
International regulators should cooperate to develop a regulatory framework for cryptoassets – but not over-regulate the industry and kill innovation, according to a senior representative of the UK regulatory body Financial Conduct Authority (FCA).
David Raw, Co-Director of Consumer and Retail...
Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations
28.4.2022
Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of risk-taking.” Speaking in the U.S., the ECB official called for a global regulatory clampdown on cryptocurrencies...
NFT Scammers Hack Official Twitter Account of the University of the Philippines
27.4.2022
The University of the Philippines recently reported that NFT scammers hacked its official Twitter account. The motives are believed to take away the digital assets of its followers. The hacking incident was reported to have occurred a day ago, that is, on April 25, 2022. Hackers had renamed...
Former Homeland Security Chief Nielsen to Join Astra as Adviser
27.4.2022
Another top aide to former President Donald Trump is joining the Swiss crypto startup, Astra Protocol. Ex-Secretary of Homeland Security Kirstjen Nielsen has been hired as an adviser right on the heels of former Acting White House Chief of Staff Mick Mulvaney
Cuban central bank makes it official: VASP licensing coming in May
27.4.2022
The Gazette further determines that this decision will enter into force 20 days after its publication, which is May 16
ECB needs 'globally coordinated regulatory action' on crypto, says official
25.4.2022
One of Fabio Panetta’s concerns seemed to be how the ECB and lawmakers address the taxation of cryptoassets, describing current requirements as “minimal."
Bank of Russia to Pilot Digital Ruble Settlements in 2023
25.4.2022
Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions. Russia to Trial...
Report: Saudi Arabia Exploring Possibility of Implementing Blockchain in Government
23.4.2022
The Kingdom of Saudi Arabia is looking into the possibility of implementing blockchain technology across its government as well as allowing the use of cryptocurrencies. However, an official said the kingdom can only successfully build blockchain-based solutions if it hires people that...
IMF Official: Regulating Crypto Assets Is High on the Agenda for India
22.4.2022
A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulations. I think that’s important for India to also adopt,” said...
Nike's Official Hello Kitty Sneakers Are Perfect
22.4.2022
I’ve written before how I’m a huge fan of Nike’s subtle “tributes” to things they don’t actually hold the license for, the latest example being a line of Prestos based on Star Wars characters like Boba Fett. These upcoming Hello Kitty sneakers, though, are the real deal.Read more
Minting of ․VR, ․Metaverse, ․Chain NFT Domains Now Live on Quik․com
20.4.2022
It is official! Minting of NFT domains is now live on the Quik marketplace! After months of planning and research, Quik.com has finally announced that the minting of NFT domains is now available! Now, users can mint .VR, .Metaverse, .Chain, .Doge, .Shib and .Bored NFT domains of their choice with...
Minting of ․Blockchain, ․VR, ․Metaverse NFT Domains Now Live on Quik․com
20.4.2022
It is official! Minting of NFT domains is now live on the Quik marketplace! After months of planning and research, Quik.com has finally announced that the minting of NFT domains is now available! Now, users can mint .VR, .Metaverse, .Chain, .Doge, .Shib and .Bored NFT domains of their choice with...
Iran to Increase Penalties for Unauthorized Cryptocurrency Mining
19.4.2022
Iran has drafted new rules to increase penalties for illegal cryptocurrency mining in the country, including additional fines and imprisonment. “Any use of subsidized electricity intended for households, industrial, agricultural, and commercial subscribers for mining cryptocurrency...
ETH Mixer Tornado Cash Reveals Blocking OFAC Sanctioned Ethereum Addresses via Chainalysis Oracle Contract
16.4.2022
According to the project’s official Twitter account, Tornado Cash, the ethereum mixing service that allows participants to shuffle ether, is blocking flagged ethereum addresses listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals And Blocked Persons...
BoJ official says digital yen won’t be used to achieve negative interest rate
14.4.2022
The Bank of Japan’s Executive Director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates
Fast, Secure and Interoperable, Parex Is the New Decentralized Exchange to Look Out For
12.4.2022
PRESS RELEASE. We are hugely excited to announce the official launch of Parex, a new decentralized exchange with an in-built PRX token unique to the mining production mechanism. Developed in response to the costly and often ethically dubious state of centralized finance, Parex promises to offer...
Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial
12.4.2022
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,”...