Taiwan central bank says no rush for CBDC launch
The central bank mentioned handling government tenders through special purpose tokens to improve operational efficiency using smart contracts for bids and performance bonds.
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Major peer-to-peer cryptocurrency exchange LocalBitcoins.com has banned users living in Iran, according to their website as of today, May 24.Screenshot of LocalBitcoin Iranian page as of press timeA source had previously told Cointelegraph in an email that the impetus for restricting Iranian transactions is to comply with financial regulations in Finland, where the headquarters of…
Stalwart Crypto Investor Andreessen Horowitz Raises $2.75 billion for Two New Funds
Silicon Valley-based venture capital firm and high-profile crypto investor Andreessen Horowitz has raised $2.75 billion for two new funds, according to a company announcement published on May 1.The lion’s share of the new capital will go toward a specialized $2 billion late-stage venture fund (LSV Fund I), headed by Andreessen Horowitz general partner David George.The…
New York’s push to ban crypto mining triggers response from community
In a tweet, Lawyer Jake Chervinsky expressed his hopes that the governor will veto the bill “for the sake of New York.” 389 Total views 14 Total shares As the state of New York pushes forward a bill that will ban proof-of-work (PoW) mining once approved, members of the crypto community express their disagreement through…
Researchers Find Monero Mining Malware That Hides From Task Manager
Cybersecurity company Varonis has discovered a new cryptojacking virus, dubbed “Norman,” that aims to mine the cryptocurrency Monero (XMR) and evade detection. Varonis published a report about Norman on Aug.14. According to the report, Varonis found Norman as one of many cryptojacking viruses deployed in an attack that infected machines at a mid-size company. Hackers and cybercriminals…
Anchorage Digital opens up DeFi voting for custody clients
Anchorage joins AAVE, Lido and BitDAO in adopting the off-chain voting platform Snapshot. 325 Total views 5 Total shares Institutional clients of crypto custody firm Anchorage Digital can now voice their concerns on proposals for tokens they hold without paying hefty gas fees.According to a May 16 statement, Anchorage will integrate off-chain, gasless multi-governance client…
Anchorage adds PayPal stablecoin yield to custody platform
Institutional crypto custodians like Coinbase offer competing rewards programs.
Using Digital Currency for Climate Markets
Climate change has created a rapidly growing global market for a digital eco-commodity called carbon credits. Current estimates value these carbon markets at over $100 billion annually. A carbon credit represents one metric ton of CO2 and is connected to efforts to reduce carbon emissions that cause climate change. Carbon markets are one of the best…
Political correctness in AI systems is the biggest concern: Elon Musk
Some of today’s most prominent artificial intelligence projects are being trained to “basically lie,” according to Musk.