Audit Firm to Build a Bug Prediction Market for Smart Contracts
An Ethereum-based audit firm is developing a Bug Prediction Market, aiming to provide a transparent and accountable metric for smart contract security #SPONSORED
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How compliance software detects fraud and money laundering involving crypto
The crypto industry has boomed over the past 12 months. While 2019 began with a total market cap of $200 billion, the explosion in Bitcoin’s value resulted in this figure surging fivefold as 2020 began — and according to CoinMarketCap, the digital assets space was collectively worth $1 trillion at one point.However, as the crypto…

Samsung Expands Its Blockchain DApp Kit With New Services, Updates Wallet
South Korean tech giant Samsung has expanded its blockchain and decentralized application (DApp) Software Development Kit with two new services.Galaxy of multi-service blockchain appsPer the press release shared with Cointelegraph on Aug. 6, Samsung has integrated a digital analytics DApp dubbed “Jupiter” and a QR code-based password wallet “Mars” into Galaxy S10 and newer version…

Kim Jong Un May Be Using Stolen Crypto to Offset Economic Fallout
North Korean leader, Kim Jong-un, is reportedly backing a group of hackers. Their goal? Stealing cryptocurrencies like Bitcoin (BTC) using phishing scams. Sources indicate that the country has ramped up these efforts in an attempt to prevent a financial meltdown amid the COVID-19 crisis.A report published on May 13 by the U.K. Mirror claims that…

Rethinking Bitcoin ‘dominance’ at 51% — A misleading metric?
Bitcoin's (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year high above 51%. Bitcoin dominance. Source: Coinmarketcap.comHowever, a closer analysis suggests that the concept of "Bitcoin dominance" might not be as informative as it seems, especially when considering the broader dynamics of the

Mastercard CEO Calls Anonymous Cryptocurrencies ‘Junk,’ Again
Ajaypal Banga, the CEO of Mastercard, blasted cryptocurrencies during the “New India Lecture” at the Indian Consulate earlier this week, The Times of India reports Thursday, July 26. Banga described anonymous, non-state-issued cryptocurrencies as “junk,” because their prices can fluctuate “wildly” and thus they do not “deserve” to be considered a medium of exchange. Speaking…

Mark Cuban says he wants Gary Gensler’s job as head of the SEC
The crypto-friendly billionaire appears to be throwing his full support behind US presidential candidate Kamala Harris.

Hong Kong unveils new stablecoin licensing regime
The Hong Kong FSTB and HKMA outline plans for a new regulatory framework for stablecoin issuers following broad public support and stakeholder feedback.

University of Michigan Endowment Ups Investment in Andreessen Horowitz Crypto Venture Fund
The University of Michigan’s $12 billion endowment plans to bolster its investment in a “cryptonetwork technology fund” (CNK Fund I) managed by American venture capital firm Andreessen Horowitz. The development was revealed in the agenda for the university’s Board of Regents meeting on Feb. 21.According to the document, the endowment had already committed $3 million…