Ronin bridge hack caused by error in upgrade deployment script — Verichains
The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw “without signature.”
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Georgian central bank prepares legislation to regulate the crypto market
The tiny nation in the Caucasus accounts for almost 1% of Bitcoin mining and has over $1 million in under regulated crypto turnover monthly. 237 Total views 6 Total shares Georgia, the country on the Black Sea, is preparing to regulate its cryptocurrency market. National Bank of Georgia Governor Koba Gvenetadze told The Financial on…

From games to piggy banks: Educating the Bitcoin ‘minors’ of the future
The crypto winter is here. It’s a trying time as prices grind down, but it’s the best moment to build and learn. For some Bitcoiners, the bear market is a time to plant trees or create memes. For those with kids, it’s a welcome recess used to broaden the minds’ of Bitcoin (BTC) minors. Cointelegraph spoke to…

South Korea issues arrest warrant for Do Kwon’s former colleagues
Arrest warrants were sought for Terraform Labs co-founder Daniel Shin, three investors and four engineers responsible for TerraUSD (UST) and LUNA initiatives. 504 Total views 3 Total shares Amid the ongoing manhunt for Terraform Labs co-founder and CEO Do Kwon, South Korean authorities have spread out their investigations to target other Terra executives. Prosecutors issued an…

Association seeks to overturn Arkansas law aimed at foreign crypto miners
An Arkansas crypto mining group has taken action against two state officials who they claim enforced an unconstitutional law restricting a foreign-born US citizen’s mining activities. 944 Total views 2 Total shares The Arkansas Cryptomining Association is suing two Arkansas state officials, arguing that they enforced an unconstitutional and discriminatory state rule prohibiting foreign-born American

Terra could leave a similar regulatory legacy to that of Facebook’s Libra
New draft legislation on stablecoins in the United States House of Representatives proposed to impose a two-year ban on new algorithmically pegged stablecoins like TerraUSD (UST).The proposed legislation would require the Department of the Treasury to conduct a study of stablecoins similar to UST in collaboration with the United States Federal Reserve, the Office of…

Gamestop partners with Immutable X for NFT marketplace, announces $100M grant for creators
GameStop will utilize Immutable X's solutions for trading and minting NFTs on its upcoming marketplace, while partnership discussions with Loopring are still ongoing. 170 Total views 5 Total shares On Thursday, iconic brick-and-mortar video game retailer GameStop announced a partnership with layer-two nonfungible tokens, or NFTs, Ethereum (ETH) scaling solution Immutable X to develop GameStop's…

Monero price rises 20% after Atomic Swap implementation
The Monero Project introduced a new trustless way to exchange between Monero and Bitcoin last week. 1390 Total views 8 Total shares Monero (XMR), the largest privacy-focused cryptocurrency by market capitalization, has posted a 20% price surge following the launch of the Atomic Swap implementation program last week.On Friday, the Monero Project officially announced a rollout…

Taiwan Hospital Launches Blockchain Platform to Improve Medical Record-Keeping
The Taipei Medical University Hospital has rolled out a blockchain-powered platform to improve medical record-keeping, Taipei Times reported August 31.The so called “Healthcare Blockchain Platform” was reportedly developed in order to support the government’s Hierarchical Medical System policy, improve patient referral services, and integrate individual healthcare networks to enable people to access their medical records…