Aussies lost $122 million to crypto scams in the last 12 months: AFP
The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims.
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Abu Dhabi Ports Subsidiary Tests International Blockchain Pilot with Port of Antwerp
A subsidiary of the major U.A.E. seaport operator Abu Dhabi Ports has launched an international blockchain pilot with the Port of Antwerp, global shipping news agency Hellenic Shipping News reports Oct. 15.Following a Memorandum of Understanding (MoU) signed between Abu Dhabi Ports subsidiary Maqta Gateway and the Port of Antwerp, the companies will run a…

The future of money and backbone of globalization 2.0 is the cost of consensus
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Enterprise Ethereum Alliance Releases New Specifications
The Enterprise Ethereum Alliance (EEA) has released a new set of specifications in an effort to provide standards for developers using private iterations of the Ethereum Blockchain, according to statements shared with Cointelegraph.At DevCon4 today in Prague, the EEA announced the release of its Enterprise Ethereum Client Specification V2 and Off-Chain Trusted Compute Specification V0.5.…

Poloniex Platform Masters Russian Language After Leaving US Market
Russia is apparently becoming a more attractive market for cryptocurrency firms as another major crypto platform is adding Russian language support.Poloniex, a popular crypto exchange originally based in the United States, has begun adding the Russian language on its platform just three months after leaving the U.S. market.Announcing the news in a Feb. 13 blog…

US Treasury official beckons new stablecoin regulations
The United States Treasury made further hints at new laws for stablecoins on Dec. 17. Nellie Liang, the Under Secretary of the Treasury for Domestic Finance, fueled more stablecoin regulation speculation with comments on investors ‘potentially big risk’ when using stablecoins. Following on from the Financial Stability Oversight Council November 2021 report on stablecoins, the top…

Crypto Exchange Upbit Confirms Theft of 342,000 Ether — $50M
Major South Korean cryptocurrency exchange — run by a subsidiary of Korean tech giant Kakao — has notified users of the theft of 342,000 Ether (ETH) from its hot wallet.The incident was confirmed in an official statement written by Lee Seok-woo, the CEO of Upbit’s operator, Dunamu, on Nov. 27.Upbit will use corporate funds to…

Biggest ever mining difficulty drop: 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week with a key weekly close under its belt and everything to play for — can it hold higher?After the weekend saw moderate volatility, including a retest of $30,000 support, BTC/USD is back above $35,000.Despite the negative press, FUD and miner shake-up from China, the latest BTC price action shows…

Bank of England governor questions need for digital pound
BoE governor Andrew Bailey highlighted that the UK already has a wholesale settlement system with a major upgrade. 1883 Total views 19 Total shares Own this piece of history Collect this article as an NFTAndrew Bailey, the Bank of England (BoE) governor, expressed skepticism on the need for a digital pound shortly after finance ministers…