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“#Jack Dorsey is finally starting to admit Twitter’s censorship problem” CEO Jack Dorsey admits that Twitter made “a mistake” in censoring The Post’s reporting on Hunter Biden’s overseas business dealings. It’s a start. “We recognize it as a mistake that we made, both in terms of the intention of the policy and also the enforcement action…
“# ‘Nakamoto Terminal’ selected prize winner of CFTC’s first science competition ” A blockchain data platform has been selected the winner of the Commodity Futures Trading Commission’s first science competition, offering yet another compelling sign that distributed ledger technology has burst onto the mainstream. Nakamoto Terminal, a digital-asset analytics platform built by open-source intelligence company…
“# Former Bank of Japan exec says Japan will need years to issue digital yen ” Hiromi Yamaoka, former head of the payment and settlement systems department at the Bank of Japan, said that the country will likely need several years before it can issue a central bank digital currency. In a Nov. 17 Reuters…
“# Cheese Bank’s multi-million dollar hack explained by security firm ” An Ethereum-based decentralized finance, or DeFi, platform known as Cheese Bank recently suffered a $3.3 million loss — the product of an early-November hack. The thieves utilized a somewhat newly-found weakness in the DeFi sector which harnesses flashloans. The Cheese Bank thieves stole the…
“# Some loans on Maker are never liquidated, prompting debt auction overhaul ” The Maker community is looking for solutions after an analysis by B.Protocol suggests that it is possible to exploit the liquidation system to create under-collateralized debt. The researchers created small vaults for $128, just above Maker’s “dust” parameter that defines the minimum…
“# The US SEC amendments and SAFT process ” Earlier this year, the United States Securities and Exchange Commission — in both the SEC versus Telegram and SEC versus Kik cases — vigorously argued that sales of contractual rights to acquire tokens on a when-issued basis (widely referred to as Simple Agreements for Future Tokens,…
“# Simple steps to keep your crypto safe ” As the cryptocurrency market is in the midst of a major bull run with Bitcoin (BTC) approaching its all-time highs, the security concerns of cryptocurrency self-storage are becoming more relevant than ever. On Nov. 12, Bitcoin — the world’s largest cryptocurrency by market cap — surpassed…
“# Central bank digital currencies are dead in the water ” Mark my words: Governments and central banks will never care about your wealth and your privacy as much as you do. That reality is exactly why central bank digital currencies are dead in the water already. They say if you can’t beat them, join…
“# Social media problems and solutions: ‘Centralization is not sustainable’ ” Over the past 15 years or so, social media has gained tremendous traction. Facebook, Twitter and YouTube have reached soaring heights as companies. Social media has its benefits, such as global connectivity and low barrier to entry. It also gives people a platform for…
“# Ukraine is prepared to lead Eastern Europe’s crypto space ” Ukraine is ranked as the world’s leader in the Global Crypto Adoption Index 2020, according to a research published by Chainalysis earlier this fall. Despite this, cryptocurrencies still remain a gray area in the economy. Since 2014, Ukrainian authorities have been trying to implement…