White hat ‘SEAL’ team protecting from crypto hacks surpasses 900 investigations

Lebanon's central bank governor says the country, whose lira has been in freefall, is preparing to launch a digital currency in 2021. 800 Total views 17 Total shares Lebanon’s central bank plans to launch a new digital currency in 2021 as part of a broader effort to combat a parallel economic and financial crisis that…

Blockchain-based solution may help to contain the growing cases of COVID-19 across the UAE. 1732 Total views 36 Total shares UAE-based startup incubator, in5, is helping to design blockchain-based methods to contain the COVID-19 pandemic in the country and thus flatten the curve.According to a report published on May 20, Liber Health, supported by in5,…

Entering the crypto economy is not a good idea for a country with “capacity constraints” and no central bank, the IMF thinks. The Republic of the Marshall Islands (RMI) has completed its annual talks with the International Monetary Fund (IMF). The country is expected to see gross domestic product (GDP) growth this year, the IMF…

Australian Reserve Bank governor Philip Lowe says that somebody always pays for money printing. 1473 Total views 4 Total shares Australian Reserve Bank governor Philip Lowe has taken a swipe at the concept of money printing, as further fiscal stimulus measures are rolled out in the country amid the ongoing pandemic.In a speech in Sydney…

The rise of blockchain-based play-to-earn (P2E) gaming was one of the leading stories in 2021 as games such as Axie Infinity exploded in popularity and players realized that they could make life-changing amounts of money while also having fun. Weekly number of games by blockchain. Source: Footprint AnalyticsAccording to data from Footprint Analytics, the Ethereum network…

A payments technology company has created a hardware wallet that addresses the “flawed approach” used for cold storage — and eliminates the physical storage of private keys.Instead of storing private keys on a device — a “potential security problem” — Bitfi says it has developed technology that does not store any data or private keys.…

After spending the last few days trading in a tightening range, Bitcoin (BTC) price dropped from its pennant structure and closed below the 20-day moving average ($18,600). Crypto market daily price chart. Source: Coin360Since topping out at $19,888 a number of analysts cautioned that Bitcoin price was at risk of a strong pullback if it failed…

Non-fungible tokens (NFTs) have rapidly become the new hot topic in the cryptocurrency sector, as evidenced by Litecoin creator Charlie Lee comparing the current spike in NFT interest to the ICO mania of 2017. The recent pullback in the cryptocurrency market hit decentralized finance tokens (DeFi) pretty hard but as Bitcoin price recovered the $50,000, DeFi…

The testnet of private smart contract network Enigma has been launched, the developers announced in a Medium post published on June 11.Per the announcement, the test network, dubbed Discovery, allows developers to start developing their decentralized applications (DApps). Furthermore, contracts hosted on the Discovery testnet will reportedly be immediately deployed on the Ethereum (ETH) network…