Kazakhstan shuts down 36 illegal crypto exchanges in 2024 crackdown
Kazakhstan shut down 36 illegal crypto exchanges in 2024, seizing $112 million in assets and advancing Anti-Money Laundering efforts alongside its upcoming digital tenge launch.
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Huawei and Beijing jointly develop municipal blockchain directory
Beijing’s municipal government has ambitious plan for smart city infrastructure based on the Huawei Cloud Blockchain. Huawei and Beijing’s municipal government have jointly developed a blockchain directory for use across urban governance.According to an official report published on Aug. 24, the system, still being trialed, is aimed at improving government services and supporting the city’s…

Shkreli says Wu-Tang Clan should have say in lawsuit over one-off album
Martin Shkreli argued that members of the Wu-Tang Clan should participate in a court battle he’s facing over a rare album they produced as they still hold rights to it.

A Closer Look at the Bitcoin Network’s Post-Halving Hash Rate
The cryptocurrency industry has just experienced the most anticipated event, Bitcoin’s (BTC) third halving. The last 12.5 Bitcoin block was mined by F2Pool and encoded the message: “NYTimes 09/Apr/2020 With $2.3T Injection, Fed’s Plan Far Exceeds 2008 Rescue,” paying tribute to Satoshi Nakamoto, the token’s creator. Antpool was in luck, mining the first 6.25 Bitcoin…

US Firm Raises $12M for Bank-Focused Blockchain Payments Solution
California-based blockchain development firm Baton Systems has closed a $12 million Series A funding round led by Trinity Ventures.According to a Ledger Insights report published Sept. 2, the new funding will be used to scale Baton Systems’ blockchain-powered bank-to-bank payment solution. Interoperability with legacy systemsBaton Systems has reported that it already processes over $13 billion in…

Nifty News: AC Milan launches NFT collection, Magic Eden accepts Solana projects’ tokens, and more
Italian professional soccer club AC Milan will be releasing its first-ever nonfungible token (NFT) project in collaboration with the BitMEX crypto exchange, with proceeds going to Fondazione Milan, the clubs' charity arm.The limited-edition collection will feature 75,817 NFTs, a number representative of the capacity of the club's home ground San Siro stadium, and will depict…

5 smart contract vulnerabilities: How to identify and mitigate them
Explore five critical smart contract vulnerabilities that pose risks to blockchain systems. Learn how to spot and neutralize these threats for secure and resilient DApps. 147 Total views 1 Total shares Smart contracts, the self-executing code on blockchain platforms, have transformed industries by automating processes and enabling trustless transactions. However, their complexity can also make…

AsicBoost Dominates Bitcoin Mining, Solving Bitmain’s 2017 Controversy
Bitcoin (BTC) miners openly using AsicBoost are now comprising 63% of its network hashrate. This vindicates community concerns from 2017 that accused Bitmain of using the “covert” version of AsicBoost.The statistic was highlighted on March 9 by Bitmex Research, building on a similar report from December 2018. Though the overt AsicBoost was only used by…

Bitcoin dips below $16.7K as US GDP meets fresh BTC price ‘death cross’
Bitcoin (BTC) fell at the Dec. 22 Wall Street open as United States equities reversed previous gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin risks new and unseen "death crossData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to intraday lows of $16,650 on Bitstamp. The pair remained a conspicuous stocks copycat as the S&P…