Cyptocurrency

Shiba Inu’s Shibarium Network resumes block production after brief pause

News Join us on social networksreactivated and is generating blocks. The Shibarium network entered a fail-safe mode and paused operations to safeguard funds due to unexpectedly high traffic after the mainnet launch.Lead developer Shytoshi Kusama verified that elevated blockchain traffic led…

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IBM Watson developer raises $60M for AI startup Elemental Cognition

News Join us on social networksartificial intelligence (AI) researcher who led the team behind IBM Watson’s development — the question-answering supercomputer developed by IBM — has raised nearly $60 million for his Elemental Cognition AI startup.According to a submission on Aug. 17,…

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Real reason for China’s war on crypto, 3AC judge’s embarrassing mistake: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. On Aug. 11, a Chinese individual known only as Mr. Chen was sentenced to nine months in prison after helping his friend, Mr. Lin, purchase 94,988 Chinese…

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Ripple, Consensys participate in Mastercard program to promote CBDC innovation

News Join us on social networksannounced Aug. 17. Mastercard did not share specific plans for the group, but it mentioned many current buzzwords in CBDC sphere – security, privacy, interoperability and private sector, for example – and driving innovation and efficiencies. Mastercard…

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Tornado Cash lawsuit judge sides with US Treasury in motions for summary judgment

News Join us on social networksdenied a motion filed in April by plaintiffs Joseph Van Loon, Tyler Almeida, Alexander Fisher, Preston Van Loon, Kevin Vitale and Nate Welch requesting partial summary judgment in a case over controversial mixer Tornado Cash. Pitman,…

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Tragedy or rug pull? Inside the collapse of a ‘charitable’ NFT project

Follow up Join us on social networksbuilding a school in Uganda to aiding victims of human trafficking to helping Ukraine. But less than two years later, the project’s founders have disappeared, and the marketplace’s user interface has gone offline. All that remains are the…

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UK crypto businesses to comply with FATF Travel Rule beginning in September

News Join us on social networksreiterated Aug. 17. This will bring the U.K. into conformity with FATF standards set in 2019.The Travel Rule requires virtual asset service providers (VASPs) to share customer information when making transfers to help identify suspicious transactions. The…

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Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears

Market Analysis Join us on social networksBTC) options expiry on Friday favors the bears. They could potentially make a $140 million profit on Aug. 18, adding to the downward pressure on Bitcoin and complicating BTC’s search for a bottom.Federal Reserve minutes did…

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Breaking: Coinbase to suspend USDT trading for Canadian users

Breaking news Join us on social networkslaunched its Canadian subsidiary just days prior, although services for available to Canadian customers before then. However, Canadian users can still deposit and withdraw the stablecoins after the proposed deadline. In a statement, the exchange wrote:"Coinbase…

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Tether CTO Paolo Ardoino says Bitcoin mining needs better analytical tools

News Join us on social networksTether (USDT) is building specialized software to optimize Bitcoin mining and renewable energy operating using data analytics, following recent investment endeavors into both categories.In conversation with Cointelegraph, Tether CTO Paolo Ardoino expanded upon details of its in-development…

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Colombia central bank recommends limiting CBDC holdings and spending

News Join us on social networksconcluded the potential introduction of a retail CBDC doesn’t pose any significant macroeconomic risks.In order to mitigate any potential threats associated with CBDC, Colombia’s central bank recommended setting holding and spending limits for the digital currency.…

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New life for Ukrainian Children of Heroes: Crypto donations for compassion and resilience

Announcement Join us on social networksBTC), Ether (ETH), Dogecoin (DOGE), Litecoin (LTC) and other popular digital assets. To start helping children in Ukraine, visit the page and donate in any cryptocurrency of your choosing. The process is simple and straightforward, and…

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5 smart contract vulnerabilities: How to identify and mitigate them

Overview Join us on social networksautomating processes and enabling trustless transactions. However, their complexity can also make them susceptible to vulnerabilities that could be exploited by malicious actors. This article will delve into five common smart contract vulnerabilities, explore their potential impacts,…

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Bitcoin bulls risk trading range loss as BTC price nears 2-month lows

Market Update Join us on social networksBTC) targeted two-month lows on Aug. 17 as United States inflation returned to spook cryptocurrency markets.BTC/USD 1-hour chart. Source: TradingViewBTC price teases exit from months-long corridorData from Cointelegraph Markets Pro and TradingView confirmed the lowest…

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