Coinbase-backed Truflation confirms hack, estimated around $5M
Truflation’s team said that no customer funds were stolen in the security breach.
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Blockchain Energy Trading Pilot Using Bitcoin Sidechain Goes Live in LA
Energy and transportation startup EVShare is launching a community energy-sharing pilot in Los Angeles.The initiative, which received $20 million in partner funding and a $9 million grant from the California Energy Commission, is set to test the application of blockchain technology in managing a localized renewable energy grid.The system relies on connecting local solar energy…

Blockstack and Algorand Back ‘More Secure’ Smart Contract Language
Proof-of-stake blockchain protocol Algorand and blockchain software firm Blockstack have launched a joint open-source project to support the development of a smart contract language dubbed “Clarity.”Both claim that existing smart contract languages are neither secure nor predictable enough to meet the growing needs of the emerging industry. As of this February, $1 billion in value was…

Biggest University in Western Australia Accepts Bitcoin for PhD Program
Curtin University, the largest university in Western Australia with over 58,00 students, announced the launch of a cryptocurrency PhD program on July 23, 2019. Curtin University Accepts Bitcoin, EthereumThe Cryptocurrency PhD Scholarship Fund will allow companies and individuals to help PhD students studying blockchain, cybersecurity and data analytics through cryptocurrency funding. Focused on cryptocurrency and blockchain technology,…

NFT Collector: Creative AI art, Tomorrowland sells tomorrow’s future
Greg Oakford, co-founder of NFT Fest Australia, is your guide to the world of NFTs from a collector and fan’s perspective. Seventeen years ago, Pindar Van Arman built a robot that, like him, painted with a brush on canvas.He has built several robots since, with each iteration possessing a more sophisticated artificial intelligence that tried

Creator leaves SushiSwap in hot water as multisig revival is on the menu
The high-risk environment around the decentralized finance space and hype for one of its latest offerings, SushiSwap, raises an analogy with a Japanese delicacy called fugu, or pufferfish, which is said to be more deadly than cyanide.Highly trained chefs have been serving up fugu in Japan’s top restaurants for decades, balancing the lives of their…

US senators propose AI bills for transparency and innovation
The bipartisan bills target government transparency when using AI and the formation of a new Office of Global Competition Analysis to stay on top of innovation. 354 Total views 1 Total shares Lawmakers in the United States have proposed two new bipartisan bills targeting issues of transparency and innovation in artificial intelligence (AI). On June 8,…

Bitcoin bulls stampede toward $60,000 after a key BTC resistance is broken
Within the last hour, Bitcoin (BTC) price surged to $57,100, a level not seen since Feb. 20 when BTC price made a new all-time high at $58,352. The bullish breakout signals that investor sentiment has shifted back in favor of bulls and it increases the likelihood that BTC will attempt a run at the $60,000…

John Reed Stark opposes regulatory reform at SEC crypto roundtable
The US Securities and Exchange Commission held the first crypto roundtable of industry attorneys, officials, and former regulators on March 21. John Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory reform at the first SEC crypto