Fake Federal employees target crypto investors: CISA warns

In this week’s newsletter, read about how Google will start allowing games featuring nonfungible tokens (NFTs) to advertise and promote themselves using its platform and how a developer stole $1 million in assets from the Milady NFT collection. Check out how an insurance company excluded NFTs from a $20-million policy and how the metaverse is

Today stablecoin network PegNet cleared $500 million dollars in conversions, according to data from PegNetMarketCap.com. This means a half-billion dollars in value has moved over the platform’s rails since it launched in August 2019.PegNet is a decentralized non-custodial network of tokens that are pegged to different world currencies and assets, including gold, the euro, and…

Have you ever wondered whether a Bitcoin (BTC) address — or a string of 26–35 alphanumeric characters — can happen to have human-readable words instead of random letters?You’ve probably heard of the Lightning Network, which allows you to create a fancy BTC address that looks like an email or a web domain. But there’s also…

Private blockchains, such as interbanking platforms set to share information on customers,  could be compatible with new E.U. privacy rules, according to research published Nov. 6. The study was conducted by Queen Mary University of London and the University of Cambridge, U.K.The General Data Protection Regulation (GDPR) act, a recent legislation that regulates the storage…

Environmental concerns regarding the energy-intensive, proof-of-work (PoW) mechanism that Bitcoin (BTC) uses to produce new coins and verify transactions have been front and center lately. Debates regarding Bitcoin’s energy use particularly surged following a tweet sent out by Tesla CEO Elon Musk in May saying that his company would no longer accept Bitcoin payments due to…

The German Federal Ministry for Economic Affairs and Energy (BMWi) is planning to fight tax evasion schemes by using blockchain, German business news outlet WirtschaftsWoche reported Nov. 22.Following the major European tax fraud scheme CumEx-Files, the BMWi has suggested that distributed ledger technology (DLT) is capable of making the tax system more efficient in terms…

Senior advisor for digital assets at the United States Securities and Exchanges Commission (SEC) Valerie Szczepanik reportedly noted that stablecoins could experience issues under current securities laws. Blockchain-related news website Decrypt reported her comments on March 16.Szczepanik, also known as the Crypto Czar, was appointed to the new position of associate director of the Division…

At the BlockDown 2021 conference, EllioTrades, a crypto YouTuber and co-creator of the Superfarm NFT project, joined a debate about the value of nonfungible tokens, or NFTs, with Edmund Schuster, associate professor of law at the London School of Economics.By definition, NFTs are unique pieces of digital content brought and moved online using blockchain tech,…

The rising popularity of decentralized autonomous organizations (DAO) reflects the growing tendency toward the creation of community-focused projects within the Web3 ecosystem. At its core, a DAO is an organizational structure that allows decentralized decision-making within a community. Currently, there are over 4,000 of these projects in existence, according to the registration data of DeepDAO. With…