Taiwan’s new AML laws put crypto firms on notice

“We are deeply sorry,” stated Transit Swap while revealing that a bug in the code allowed a hacker to make away with an estimated $21 million. 158 Total views 5 Total shares Transit Swap, a multi-chain decentralized exchange (DEX) aggregator, lost roughly $21 million after a hacker exploited an internal bug on a swap contract.…

Bloomberg analyst Mike McGlone describes Bitcoin halving as a “non-event”. 1097 Total views 37 Total shares Bloomberg analyst, Mike McGlone, speaking to Cointelegraph described Bitcoin (BTC) halving as a “non-event”.Cointelegraph interviewed Bloomberg’s senior commodity strategist Mike McGlone to learn more about his Bitcoin bullishness. He emphasized that the work he does for Bloomberg Intelligence is…

The Ethereum Merge may be coming sooner than planned, after core developers announced a tentative Merge date of Sept. 15, which will see the blockchain transition to Proof-of-Stake.The Ethereum mainnet Merge date came into view after core developers such as Tim Beiko and Prysmatic Labs co-founder Terence Tsao agreed in an Aug. 11 developer call…

The COVID-19 pandemic has ravaged the economies of countries all around the world and is showing no signs of stopping. The overwhelming response from global governments has been to place their countries under full or partial lockdowns. This has arguably saved many lives, but the economic fallout has been savage. The United States alone is…

Ethereum’s (ETH) core developers discussed the need for a new hard fork — or network upgrade — coordinator during a core developer meeting on March 1.As Cointelegraph reported in February, Afri Schoeden, release manager at Ethereum infrastructure firm Parity Technologies, has quit all Ethereum projects after a controversial tweet that sparked outrage on social media.His…

A group of South Korean blockchain experts will set up a law-based agency to explore the technology and apply it in various areas of society, local news outlet Yonhap News reports August 20. According to the announcement, the association, dubbed the “Blockchain Law Society,” is set to be officially launched in South Korea this Friday, August 24.…

California’s Senate passed Assembly Bill 1836, prohibiting unauthorized AI-generated replicas of deceased personalities without prior consent to protect performers’ rights and likenesses.

The need for censorship-resistant currencies like Bitcoin (BTC) has been thrown, yet again, into stark relief as HSBC shutters an account reportedly used to fund Hong Kong protestors. As the Hong Kong Economic Journal reported on Nov. 18, the British multinational bank recently closed a corporate account that was reportedly being used to transfer crowdsourced funds…