UK Law Commission sees no need for DAO-specific legal entity
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks.
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Interchain Data Hosting Project Combines Edge Computing With DLT
Interchain decentralized data hosting project Bluzelle (BLZ) announced the launch of its mainnet which aims to combine the advantages of edge computing with distributed ledger technology (DLT).According to an announcement shared with Cointelegraph on April 9, Bluezelle will host a network stress test dubbed “Swarm of Duty” which will be incentivized with $30,000 worth of…

US senator Toomey introduces stablecoin bill as congressional session wraps up
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session. 1269 Total views 9 Total shares Own this piece of crypto history Collect this article as NFTRepublican Senator Pat Toomey, who is set to retire from U.S. Congress at the end of the term,…

Congress demands crypto payments notification from DOS when helping Ukraine
The bill amendment demands the Secretary of State submit reports to congressional committees explaining why the DOS made the determination to pay out rewards in cryptocurrency. 36 Total views 2 Total shares A new bill demanding a congressional notification prior to payments of the United States Department of State (DOS) rewards using cryptocurrencies surfaced as…

Dubai – the Blockchain Oasis of the UAE: From Public to Private Sector
In some countries around the world, governments have had a stifling effect on the adoption of blockchain technology. Conversely, the government of the UAE and Dubai have been the driving force behind the promotion of blockchain use in the country.2018 has seen some significant developments on this front but the foundations had been laid a…

Tether proposes boron-backed tokens to Turkey’s government
Turkey’s state-owned boron miner estimates the country has more than 70% of global reserves of borate minerals.

‘No Message Was Signed’: Craig Wright Refutes Tulip Trust Fabrication
Craig Wright has refuted the notion he doesn’t have the private keys to the ‘Satoshi’ addresses that he claimed in court as his own. 1523 Total views 38 Total shares Craig Wright maintains that he alone has access to the ‘Satoshi’ Bitcoin addresses filed in court, despite a message apparently signed by 145 of the…

Genesis Mining Compels Certain Customers to Upgrade BTC Mining Contracts
Iceland-based hashpower hosting service Genesis Mining is compelling some of its customers to upgrade their Bitcoin (BTC) mining contracts following this year’s significant cryptocurrency price decline, according to an August 17 statement. In 60 days, the company will terminate services for open-ended contracts that mine less than the daily maintenance fee. Genesis claims that the…

Web3 sees 15 new scam smart contracts an hour: Solidus Labs
Solidus Labs, which has been monitoring 12 leading blockchains, has detected a majority of scam-like tokens originating from Binance’s BNB Chain. 420 Total views 5 Total shares The Web3 and cryptocurrency space is seeing a significant amount of smart contract scams proliferating, with blockchain risk monitoring firm Solidus Labs saying it has detected on average…