Kyrgyz Republic proposes digital som legislation, CBDC launch by 2027

As yield farmers race to reap fast returns from the next hot Uniswap clone, security researchers caution about the risks of unaudited smart contracts. Blockchain security firm Quantstamp has published a security review of hyped DeFi protocol SushiSwap, identifying ten issues with the platform. The good news is the issues with the Uniswap fork aren’t likely…

Earlier this week, United States-based security consulting firm Independent Security Evaluators (ISE) published a report on private keys for the Ethereum blockchain.Despite establishing around 700 weak private keys that are being regularly used by multiple people, the researchers found a “blockchain bandit” who has managed to collect almost 45,000 ether (ETH) by successfully guessing those…

An on-chain study released by Kraken Intelligence highlights strong accumulation behavior among Ethereum miners even as they faced the prospects of generating lower revenue following a major network upgrade on Aug. 5.Ethereum miners accumulated an additional 2 million Ether (ETH), worth $6.1 billion, after the so-called London hard fork’s activation. The latest bout of accumulation…

Swipe (SXP), the 68th digital asset by market capitalization, has been one of the most volatile cryptocurrencies of the previous weeks. Fueled by a new cryptocurrency card and partnership with Binance, SXP price soared from $1.50 to $5 in a matter of days in mid-August. However, the price of Swipe dropped more than 50% to $2.30…

Former NFL team owner and alleged “shadow bank” operator Reggie Fowler is not engaged in any plea negotiations and the trial against him is set to begin early next year. 324 Total views 94 Total shares A 2022 trial date has been set for former NFL team owner and alleged "shadow banker" Reggie Fowler. Fowler…

Cryptocurrencies may render some outdated regulations obsolete, according to crypto-anarchist and white hat hacker Pavol Luptak.According to Luptak, “cryptocurrencies or crypto markets may undermine government laws and regulations that are obsolete for the 21st digital century.” He said, “I can say the Space Age technology will help us to escape from the Bronze Age rulership. Despite…

The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.

The past two years were much harder on the dollar, however. 1393 Total views 11 Total shares Despite rapid advancement of a digital yuan, China's progress in internationalizing its currency has stalled out in recent months. Per data from SWIFT's RMB Tracker released on Jan. 20, the Chinese yuan (CNY), also known as the Renminbi (RMB)…