Monthly Archives: September 2019

Following the roll-out of mobile internet across the country in 2018, many ordinary Cubans are increasingly using cryptocurrencies to bypass economic sanctions imposed by the United States and access the global marketplace.Despite growing adoption, cryptocurrencies still face a number of challenges in Cuba, including limited access to crypto exchanges, lack of a pertinent regulatory apparatus…

The discourse surrounding the securities laws and the treatment of digital assets continues to draw debate among market participants, regulators and legal practitioners. One of the most high-profile targets in this ongoing debate is XRP, a digital asset issued by Ripple Labs Inc. Despite voluminous public examination, regulators have not reached a consensus on the appropriate…

Fusion Network’s token swap wallet was compromised. Roughly a third of FSN tokens was stolen as a result.Fusion Foundation announced in a Medium post published on Sept. 29 that its swap wallet was compromised, which resulted in the theft of 10 million native FSN and 3.5 million Ethereum (ETH)-based ERC-20 FSN tokens. The total worth…

Fusion Network’s token swap wallet was compromised. Roughly a third of FSN tokens was stolen as a result.Fusion Foundation announced in a Medium post published on Sept. 29 that its swap wallet was compromised, which resulted in the theft of 10 million native FSN and 3.5 million Ethereum (ETH)-based ERC-20 FSN tokens. The Foundation’s investigation…

A bug in all Zcash (ZEC) implementations and most of its forks could leak metadata containing the full nodes’ with shielded addresses (zaddr) IPs.Komodo (KMD) core developer Duke Leto disclosed the bug in a blog post published on his personal website. A Common Vulnerabilities and Exposures (CVE) code has already been assigned to track the…

Cryptocurrency derivatives firm LedgerX alleges that former United States Commodity Futures Trading Commission (CFTC) chairman Christopher Giancarlo obstructed the approval of its amended Derivatives Clearing Organization (DCO) registration because of personal bias against the firm’s CEO Paul Chou.As Industry news outlet Coindesk reported on Sept. 28, LedgerX made the allegations in two letters obtained via…

The Japanese House of Representatives recently passed new crypto asset regulation affecting exchanges and custodians — the Payment Services Act and the Financial Instruments and Exchange Act. However, the country’s crypto gambling industry still endures strict gambling regulations. “Japan has very strict rules regarding gambling and the same applies to crypto gambling,” Joseph D. Hugh, CFO…

Æ Ventures, an investment company providing initial funding, acceleration and advisory support to blockchain projects, announced that it’s Starfleet Accelerator program surpassed $1.6M in investments and opened applications for the third round.Mentoring and funding for blockchain startupsPer the press release shared with Cointelegraph on Sept. 26, the third edition of Starfleet Accelerator program takes place…