Cyberattacks target French government websites: Report
French authorities have come under fire from free speech activists and the crypto community after arresting Telegram founder Pavel Durov.
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Manzi the magnificent: From millionaire at 16 to incredible IoT inventor
A self-made millionaire by 16, Jonathan Manzi is no ordinary entrepreneur. Now 31, the past 15 years have seen him start an energy drink business but shutter it once he realized that there wasn‘t enough of the required kava-plant ingredient in the world to feed his ambitions of competing against Gatorade. Becoming the youngest bar…

PayPal Letter Seems to Confirm Crypto Capability Rumors
Global payments giant PayPal could indeed be developing a crypto-based solution, this document shows. 2900 Total views 31 Total shares PayPal has confirmed that it is developing capabilities in the cryptocurrency space, according to a letter to the European Commission.Originally submitted on March 20, the document was intended as a response to the European Commission’s…

Binance’s top strategist departs company amid reported US exec resignations
Patrick Hillmann confirmed in a tweet that would be departing the company "on good terms" after a two-year stint. The departure comes amid a trying time for Binance. Binance's chief strategy officer Patrick Hillmann has confirmed he is leaving the crypto exchange amid reports that other top compliance executives in the United States have handed…

Thailand SEC bans crypto payments, seeks disclosure of system failure from exchanges
Since Dec. 2021, the government of Thailand has been working on preparing a new regulatory framework by defining “red lines” for the crypto industry. 181 Total views 36 Total shares In an ongoing effort to carve out a regulated crypto market for the general public, the Thailand Securities and Exchange Commission (SEC) announced a ban…

Law Decoded: Big Tech, Central Banks and the Hunt for Monopolies, July 24-31
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s noteThe concept of monopoly will reign in today’s Law Decoded. As a fundamental principle, blockchain technology is about distributing both inputs and outputs of information securely. In its still very young lifecycle, the technology has proven…

Marsh Confirms IBM Blockchain Insurance Partnership to Include Salesforce
Global insurance brokerage and risk management firm Marsh announced it would extend its partnership with IBM as part of its proof-of-insurance blockchain solution, a press release confirmed Wednesday, September 26.Marsh, which began working with IBM in April this year to develop the blockchain service, will now take advantage of IBM’s links with customer relationship management…

Hong Kong regulator eyes tokenization for bond market improvement: Report
The monetary authority in Hong Kong released a report on its study Project Evergreen which looked at the highs and lows of recent bond tokenization activity. 129 Total views 12 Total shares The Hong Kong Monetary Authority (HKMA) released a report on Aug. 25 detailing the findings of its Project Evergreen study which analyzed the…

Economist Joseph Stiglitz: Only a Fool Would Trust Facebook’s Libra
Nobel prize-winning economist, Joseph Eugene Stiglitz, claims that “every currency is based on trust, but only a fool would trust Facebook’s Libra” in an article published on July 2.Stiglitz also notes that “in just a few short years, Facebook has earned a level of distrust that took the banking sector much longer to achieve.” He…