Magic Labs, Polygon launch crosschain smart wallet for AggLayer
Newton’s testnet went live on Polygon’s AggLayer, promising a crosschain solution for smart wallets.
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Opensea phishing scandal reveals a security need across the NFT landscape
Despite the ongoing volatility plaguing the digital asset sector, one niche that has undoubtedly continued to flourish is the nonfungible token (NFT) market. This is made evident by the fact that a growing number of mainstream mover and shakers including the likes of Coca-Cola, Adidas, the New York Stock Exchange (NYSE) and McDonalds, among many…

Russia: Supreme Arbitration Court Judge Urges for Inclusion of Crypto in Civil Law
A judge at Russia’s Supreme Arbitration Court has argued that the term digital assets should be included in the Russian Civil Law, local state-backed media agency Federal Press reports on June 4.Lyudmila Novoselova, chairman at the Court for Intellectual Rights of Russian Federation and a judge at the Supreme Arbitration Court, has introduced the institution’s…

Telecom company fined $1M for role in Biden deepfake scam
The Biden deepfake scam highlights the risks of emerging tech and the challenges to safeguard elections.

A Gov official in South Korea proposed the nation’s first blockchain voting platform
This region in South Korea may adopt a blockchain voting system. On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related developments across the country.According to UpDown Korea, Cho Eun-hee, who is the local government leader of one of Seoul’s most…

Nomura’s Laser Digital receives in-principal approval for operations in Abu Dhabi
The Japanese bank joins a rapidly growing number of digital asset firms operating in Abu Dhabi and the rest of the United Arab Emirates. 191 Total views 3 Total shares The Abu Dhabi Global Market (ADGM) has granted Laser Digital, the digital assets arm of Japan’s Nomura Bank, in-principal approval to provide broker-dealer services and

Bitcoin’s Price Hovers Above $9,300, While Stellar Shows 20% Gains
Tuesday Nov. 5 — Crypto prices continue to show upward momentum across markets, while Bitcoin (BTC) hovers around the $9,300 price mark and Stellar (XLM) takes a shot at the moon with gains of more than 20%.Cryptocurrency market daily overview. Source: Coin360Bitcoin was trading close to the $9,400 price mark for a large part of…

Buterin and Armstrong reflect on proof-of-stake shift as Ethereum Merge nears
Two influential figures in the cryptocurrency space unpack their individual journeys to understanding the promise of proof-of-stake as The Merge approaches for Ethereum. 500 Total views 17 Total shares Ethereum co-founder Vitalik Buterin and Coinbase CEO Brian Armstrong believe that a gradual mind shift and important community contributions led to their backing of Ethereum’s upcoming…

Polygon proposes upgrading MATIC into a multipurpose token for all chains
The proposal for MATIC’s technical upgrade is subject to approval from the Polygon community. Once approved, MATIC’s upgrade to a multipurpose token will result in its renaming to POL. Ethereum layer 2 development firm Polygon proposed upgrading its in-house MATIC (MATIC) token into a multipurpose token that can be used to validate multiple chains.The proposal…