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“# New Chainalysis program aims to help sort confiscated crypto ” In the 11 years since the inception of the crypto industry, malicious parties have used digital assets for a spate of illegal activities, from drug payments to money laundering. Blockchain analytics firm Chainalysis is launching a new service to help authorities track, custody and…
“# Finance Redefined: Where does DeFi go from here? Nov. 4-11 ” This week definitely feels calmer, more positive than the last. And there’s good reason to be optimistic for DeFi bulls too, as the market posted a decent recovery since my last newsletter. People are calling it a “blue chip” rally, which means that…
“# Deutsche Bank: central bank digital currency will replace cash in long term ” Deutsche Bank, the largest banking institution in Germany, is confident that central bank digital currencies, or CBDCs, will replace cash in the future. The bank’s research arm, Deutsche Bank Research, published a new report on economic estimations and proposals to assist…
“# CertiK deploys automated smart contract auditing tool ” Security company CertiK announced on Thursday the launch of QuickScan, an automated tool for scanning smart contracts for vulnerabilities. While it will not be a stand-alone tool, the suite is set to improve the analysis performed by the security oracles of CertiK Chain (CTK). QuickScan checks…
“# ‘Why I spent $111K on a digital F1 Car’ — NFT collector ” In May 2019, a non-fungible token representing the first digital F1 car minted for the blockchain game F1 Delta Time was sold for a record breaking $110,000. The winner of the auction has just come forward, revealing why he brought the…
“# World Economic Forum calls blockchain key to sustainable digital finance ” The World Economic Forum (WEF) believes blockchain represents a core element of sustainable digital finance — a new paradigm that combines emerging technology with environmentally-conscious business models. In a new report published Wednesday, UBS executive Karin Oertli lists blockchain technology along with artificial…
“# Simple in practice: Crypto education is key to curbing phishing scams ” As the global crypto economy continues to prosper, with Bitcoin (BTC) currently occupying the $15,500 region, questions regarding the overall safety and security of digital assets continue to persist, especially in the wake of a new scam whereby hackers made use of…
“# LiquidStake set to unlock liquidity for Ethereum 2.0 Phase 0 stakers ” As the launch date of Ethereum 2.0 approaches, an important issue in the staking mechanism is starting to be discussed in the community: the one-way nature of stake deposits. Prospective stakers in Ethereum 2.0 Phase 0 will not be able to withdraw…
“# Akoin rolls out to Kenyan tech city in first step towards Akon City ” Akoin, the cryptocurrency project of American-Senegalese musician, Akon, is launching imminently in the $2 billion Mwale Medical Technology City, or MMTC, in Western Kenya. As a newly built city, centred around a state-of-the-art medical and technology complex, MMTC would seem…
“#Amazon’s Ring recalls video doorbells that can catch on fire” Home-security startup Ring is recalling about 350,000 video doorbells that could catch on fire if they’re not installed properly. The camera-equipped doorbells’ batteries can overheat if the wrong screws are used to mount them, the Amazon-owned company said in a recall notice filed with the…