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Immunefi launches scoring system for Web3’s elite white hats

The top 10 white hats in Immunefi's community have generated over $42 million in total earnings since 2020 by disclosing critical vulnerabilities. 171 Total views 16 Total shares Bug bounty platform Immunefi has released its Whitehat Leaderboard — a scoring system that showcases the top 20 most elite white hats in Web3. The rank will…

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UK Watchdog Allows Three Blockchain Firms to Join Regulatory Sandbox

The United Kingdom’s Financial Conduct Authority (FCA) has allowed three blockchain-based businesses to join the latest cohort of its regulatory sandbox, the organization announced on April 29.Diro Labs is one of the blockchain-driven companies accepted by the FCA for performing tests on a “short-term and small-scale basis.” According to the regulator, the startup uses a “central blockchain-based store…

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Ripple-based MoneyTap adopted by three Japanese banks

Japanese banks like Yamaguchi, Momiji and Kitakyushu now support the MoneyTap P2P remittance service based on RippleNet. 477 Total views 1 Total shares Own this piece of history Collect this article as an NFTRipple-based payment system MoneyTap continues growing in Japan, with several local banks opening access to the application for their clients.SBI Remit, the…

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Bitcoin Cash Halving Results in Miner Exodus and Profitability Decline

The quadrennial block reward halving for Bitcoin Cash (BCH) has come and gone, with miner rewards dropping from 12.5 BCH to 6.25 BCH. The event marked a pivotal moment for the fifth-ranked cryptocurrency by market capitalization, as it was its first 50% block reward reduction since emerging as a hard fork of Bitcoin (BTC) back…

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Crypto in Europe: Economist breaks down MiCA and future of stablecoins

In October 2022, the European Union finalized the text of its regulatory framework called Markets in Crypto-Assets or MiCA. The final vote on the new regulation is scheduled for April 19, 2023, meaning the days of an unregulated crypto market in the EU may soon be over. The MiCA regulations introduce clear guidelines for handling…

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Etherscan Launches Fraud Monitoring and Address Blacklisting

Popular Ethereum (ETH) block explorer Etherscan has launched a machine-learning powered surveillance engine to flag ETH and wallets that are associated with illicit activity.Wallets that have originated from illegal sources will now be blacklisted — allowing users to identify when coins they are receiving have a checkered history.Etherscan blacklists funds of illegal originEtherscan announced its…

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The race to ‘decarbonize Bitcoin’ accelerates with Decarbbitcoin Labs initiative

Decarbbitcoin Labs is contributing to Environmental Justice Communities in California by showcasing the green potential of Bitcoin mining. 3662 Total views 16 Total shares DecarbBitcoin Labs, an environmentally-focused think tank founded by Community Electricity, is taking a hands’ on approach to fighting climate change in California — and is using Bitcoin (BTC) mining as its…

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Former SEC head and treasury undersecretary defend US crypto regulations

Former top policymakers Jay Clayton and Brent McIntosh has defended the crypto regulatory regimes established during their respective government tenures. 2279 Total views 2 Total shares The regulatory pressure is mounting in the U.S., with more politicians questioning whether the current framework is adequate.An opinion piece penned for Wall Street Journal by former SEC Chairman,…

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$300B plunge: Largest 3-day wipeout for crypto in a year

The crypto market saw its largest three-day sell-off in 12 months amid weak jobs data and revived fears of a recession leading to a tumble in the equities market.

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