FBI accused of violating MIT License in smart contract code usage

Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon.

The staff note suggested that, although the DeFi ecosystem brings a ton of innovations in the financial sector, the regulatory challenges and vulnerability limit its potential use in traditional finance. 321 Total views 2 Total shares The Bank of Canada published a staff note on decentralized finance (DeFi) on Oct. 17, assessing the innovations that made

Arkbit falsely claimed to operate Arkansas-based data centers for cloud mining various cryptocurrencies.

The Inter-American Development Bank has launched a competition that invites projects to propose blockchain-based solutions for preventing violence against women, children and the elderly. Companies, entrepreneurs, startups and NGOs are all invited to submit their ideas.The challenge, called "Blockchangel," was proposed in a joint alliance between the LACChain group's innovation laboratory and the Everis Foundation. Incorporating a blockchain…

Almost half of the buyers of Hirst’s “The Currency” collection wanted to keep the NFT version. 72 Total views 41 Total shares The United Kingdom's reportedly richest living artist, Damien Hirst is set to burn thousands of his paintings as part of a year-long nonfungible token (NFT) project called “The Currency.”Starting in September, visitors to Hirst’s…

Decentralized finance came to life with the inception of Ethereum in 2013. However, it truly hit the ground running in 2016–2017 with the backing of Ethereum developers and some entrepreneurs and experts in the financial investment sphere. To get our facts right and clear all misconceptions, DeFi encapsulates a variety of financial applications in cryptocurrency…

A new class action alleges that Plaid, which Visa recently bought for over $5 billion, had unparalleled access to the financial information of millions of users. 1123 Total views 32 Total shares June 25, a new class action was filed in California against fintech startup Plaid, which was acquired by Visa for $5.3 billion earlier…

In Celsius Network’s recent court filing, the billion-dollar centralized finance (CeFi) platform exposed more than 14,000 pages of customer identity and on-chain transaction data without user consent — a prescient reminder that privacy absent decentralization is no privacy at all.As part of its bankruptcy proceedings, CeFi lending giant Celsius Network disclosed names and on-chain transaction…