UK Gambling Commission charges Sorare for unlicensed facilities
The French website offers NFTs for fantasy sports team competitions and as collectibles.
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Researchers Tell FDA: Provide Guidance on Blockchain for Food Safety
A global technology research firm urges the United States Food and Drug Administration (FDA) to offer clear guidance on blockchain apps to improve food safety.Federal research neededFoodOnline reported on Oct. 21 that Alex Manders, the head of blockchain solutions at Information Services Group (ISG), a Connecticut-based tech research and advisory firm, has urged the FDA…

US Legislators Reintroduce Token Taxonomy Act to Exclude Crypto From Securities Laws
Representatives in the United States House of Representatives have reintroduced the Token Taxonomy Act, according to a press release shared with Cointelegraph on April 9. The bill would exclude cryptocurrency from being classified as a security.The bill was initially proposed last December by Reps. Warren Davidson (R) and Darren Soto (D), and seeks to exclude…

The US Secret Service Issues Ransomware Warning
The US Secret Service issued a security alert about ransomware attacks. 1429 Total views 20 Total shares The U.S. Secret Service issued a warning about an increase in hacks targeting managed service providers, or MSPs, of both the U.S. private sector and various government entities.According to a document published by ZDNet on June 7, threat…

Report: Record-Breaking Coincheck Hack Perpetrated by Virus Tied to Russian Hackers
The personal computers of employees at hacked Japanese crypto exchange Coincheck have allegedly been found to have been infected by a virus associated with a hacker group of Russian origin. The allegation was reported by Cointelegraph Japan on June 16.As Cointelegraph has reported, in January 2018, Coincheck suffered an industry record-breaking hack when $534 million…

What is decentralized identity in blockchain?
Decentralized identity systems leverage blockchain technology to establish a secure, user-centric framework for managing identities.

Founder of crypto ‘Ponzi’ scheme’ IcomTech sentenced to 10 years in prison
David Carmona was the “mastermind” behind IcomTech’s “Ponzi scheme," which netted an estimated $8.4 million from victims.

Immunefi to bolster DeFi security service with new funds
The platform has paid out more than $7.5 million in bug bounties since inception in December 2020. 349 Total views 9 Total shares DeFi security platform Immunefi has announced a $5.5 million funding from a panoply of eleven institutional investors including Blueprint Forest, Electric Capital, Framework Ventures and Bitscale Capital, in addition to a series…

Waves-backed stablecoin USDN breaks peg again amid protocol upgrade
Algorithmic stablecoin USDN fell to $0.90 marking the fourth time that it failed to defend its dollar peg in 2022. As the crypto community tries to navigate the bear market and recover from the onslaught brought about by stablecoin incidents like the Terra crash, another algorithmic stablecoin shows signs of struggle as it falls below…