Solana cracks down on validator sandwich attacks
Sandwiching occurs by placing one order before the transaction and another immediately after, which ensures that retail always gets the worst possible price.
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Crypto and NFTs meet regulation as Turkey takes on the digital future
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.Turkey — the cradle of civilization — is quietly digitizing despite its high-inflation economy, and the lira’s volatility…
Major Japanese Trading Firm Marubeni Partners with US Blockchain Company LO3 Energy
Japanese general trading company Marubeni Corporation has partnered with a New York-based blockchain startup to use the technology for its energy business, Marubeni confirmed in a press release on Feb. 20.Marubeni, which has expanded beyond Japan into the United States as well as Europe, selected LO3 Energy’s transactive energy platform as the basis for an…
Gazprombank Switzerland to Launch Crypto Services Next Year
Swiss bank Gazprombank recently partnered with fintech startup Avaloq and crypto firm Metaco to offer clients crypto services, an Avaloq press release reports Dec. 6.Fintech company Avaloq and crypto custody solution specialist Metaco are reportedly collaborating with Gazprombank –– which as CHF 3.1 billion ($3.12 billion) in total assets under management ––“to implement their integrated…
Crypto adoption has no future without regulation and law enforcement
The basis of any exchange of value is trust. The more two parties trust each other, the more they will feel confident engaging in transactions. Not just engaging in a high volume of transactions, but higher value transactions, too.Bitcoin (BTC) and other cryptocurrencies are certainly accomplishing a lot when it comes to creating a decentralized…
BlackRock CEO: Bitcoin has caught our attention
Larry Fink believes Bitcoin may evolve into a global market. Blackrock CEO Larry Fink says Bitcoin (BTC) is on his company’s radar following the cryptocurrency’s rapid appreciation over the past few months. Speaking at the Council on Foreign Relations Tuesday alongside former Bank of England Governor Mark Carney, Fink reportedly said:“Bitcoin has caught the attention and…
Bitpoint Reveals Amounts Stolen, Pledging to Reimburse Users in Crypto
Japanese exchange Bitpoint has published the breakdown of crypto assets stolen in the 3 billion yen (~$27.8 million) hack of its platform earlier this month.A document published by Bitpoint’s parent firm Remix Point Inc. on July 16 reveals that five crypto assets in total were stolen by the attackers. The breakdown provided by the company…
Congress’ renewed attack on Big Tech may clear the field for decentralization
On Tuesday, a House subcommittee put out a massive report that places Big Tech in the crosshairs of major antitrust reforms.The four firms at the center of the report — Apple, Google, Facebook and Amazon — have been in hot water with Congress for some time. But while the tone of the recent conversation is…
Blockchain Could ‘Speed up the Economy,’ Says Nigerian Presidential Candidate
The presidential candidate of Nigeria’s leading opposition party has promised to support blockchain and cryptocurrency, local news outlet the DailyPost article reported Nov. 24.The Nigerian news outlet reportedly analyzed the Peoples Democratic Party (PDP) candidate Atiku Abubakar’s “Get Nigeria Working Again” policy that he reportedly promised to enact if he is elected president February 16,…