FBI accused of violating MIT License in smart contract code usage
The FBI has faced claims over the improper use of OpenZeppelin’s libraries in its smart contracts, sparking legal concerns.
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Galaxy Digital’s Q3 earnings mirror crypto euphoria
Galaxy Digital reported a large uptick in trading volumes in the third quarter. 2363 Total views 22 Total shares Galaxy Digital’s over-the-counter trading desk posted record volumes in the third quarter, signaling once again that institutional uptake of digital assets is on the rise. The company’s third-quarter earnings report showed a 75% year-over-year rise in trading…

NYSE Operator’s Bakkt Confirms End of January Launch Date For Digital Assets Platform
The Bakkt digital assets platform, which was created by the operator of the New York Stock Exchange (NYSE), announced in a Medium post today, Nov. 24, that they are now “targeting” Jan. 24, 2019 as a launch date.The Intercontinental Exchange (ICE), operator of 23 leading global exchanges including the NYSE, announced the creation of Bakkt…

Analysts at odds over Fed, US debt ceiling impact on Bitcoin price
On April 26, House Republicans scarcely passed their bill to increase the U.S. debt ceiling. This led to analysts already weighing its potential impact on the price of Bitcoin (BTC), ranging from extremely bearish to overly bullish.Ultimately, U.S. dollar liquidity is the key to both of these opposing viewpoint."Deflationary recession" to produce 2020-like BTC rally?Some analysts,…

Proof-of-Authority Algorithm Use Cases Grow: From Pharma to Games
While the proof-of-authority consensus algorithm is turning into perhaps one of the most mature versions of blockchain technology. It is faster than other algorithms, more scalable, and does not depend on mining. Market leaders Walmart and GE Aviation are using PoA to track supply chains, and Microsoft has created a whole line of PoA-based enterprise…

Seven EU States Sign Declaration to Promote Blockchain Use
Seven southern European Union member states have released a declaration calling for help in the promotion of Distributed Ledger Technology’s (DLT) use in the region, the Financial Times (FT) reports Dec. 4.The declaration was reportedly initiated by Malta and signed by six other member states, France, Italy, Cyprus, Portugal, Spain and Greece, during a meeting…

Crypto anti-terrorism bill introduced in the US House of Representatives
A bipartisan group of representatives has introduced a bill to the House that seeks to create a task force focused on combating terrorist financing via cryptocurrencies. 2711 Total views 53 Total shares U.S. Representative Ted Budd (R-NC) has sponsored a new piece of legislation aimed at creating an agency tasked with combating the use of…

Binance to shut down BUSD lending by October 25
The move is part of a phased termination of BUSD support by February 2024. 526 Total views 10 Total shares Crypto exchange Binance will cease borrowing and lending services for its native stablecoin Binance USD (BUSD) by October 25.According to the October 3 announcement, the exchange will close all outstanding BUSD loan and collateral positions

Kazakhstan officially launches digital tenge
The chairman of the National Payment Corporation has made the first transaction with the central bank digital currency. 106 Total views 1 Total shares The chairman of Kazakhstan’s National Payment Corporation (NPC), Binur Zhalenov, has made the first transaction with the central bank digital currency (CBDC). During his speech at the XI Congress of Finance