200 smart contracts launch on Cardano … but there’s a catch

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More than 200 smart contracts have been listed on the Cardano blockchain explorer following the Alonzo upgrade on September 13 — but there’s a catch. As of now, the smart contracts are in a timelock and cannot be used by...

Korean Finance Minister vows to fight moves to delay the crypto tax code

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South Korea’s Minister of Strategy and Finance, Hong Nam-Ki has vowed that the controversial crypto tax code will come into effect on January 1st, 2022 despite moves this week by the majority Democratic Party to postpone it to 2023.The...

YouTuber trades Tesla Roadster for NFT

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Dan Markham, the creator of the seven-million subscriber What’s Inside YouTube channel, has traded his Tesla Roadster for a single nonfungible token (NFT).In a Sept. 15 video on his What’s Inside Family channel, Markham exchanged a blue Tesla Roadster...

Avalanche Foundation raises $230M to support DeFi ecosystem

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The Avalanche Foundation has announced a significant $230M investment from a venture capital group spearheaded by Polychain and Three Arrows Capital for the purpose of supporting the growth of the DeFi ecosystem and their ever-expanding list of applications that utilize...

Crypto and DeFi disintermediate banking in new ways, says OCC head

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On Wednesday, speaking at a meeting of the Exchequer Club — which is a group of senior economic and financial policy professionals headquartered in Washington, D.C. — Acting Comptroller of the Currency Michael Hsu delivered remarks on the topic of safeguarding...

Bitcoin ledger as a secret weapon in war against ransomware – Cointelegraph Magazine

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Ransomware, malicious software that encrypts computers and keeps them “locked” until a ransom is paid, is the world’s fastest-growing cyber threat, according to Coinfirm. Recent attacks on critical national infrastructure, like the Colonial Pipeline incursion that crippled oil and...

Data center operators have ‘no problem’ with new Russian crypto crackdown

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BitRiver, the largest cryptocurrency mining colocation services provider in Russia, is unlikely to be affected by a new crypto crackdown from the Bank of Russia, according to the firm’s CEO.On Wednesday, the Russian central bank announced that the authority...

EU regulator sees crypto as sign of increased risk-taking in current climate

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The European Securities and Markets Authority (ESMA) has published its report on trends, risks and vulnerabilities in the European Union markets during the first half of 2021 (1H21).Its takeaways included the argument that crypto markets’ extraordinary volatility and growth...

SkyBridge raises $100M for Algorand fund and files for crypto company ETF

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Alternative investment firm SkyBridge capital hopes to expand its crypto offerings, filing for a crypto-focused exchange-traded fund (ETF) on Tuesday and revealing plans for an Algorand fund at this week’s SALT conference in New York.Speaking to CNBC, SkyBridge founder...

Hedera Hashgraph rallies 150% in a week as its ecosystem expands

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Real-world adoption and blockchain integration is the ultimate goal of any serious fintech protocol looking to offer workable solutions to some of the biggest challenges in finance and data transmission.Hedera Hashgraph, a public network that uses a distributed ledger...

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After GameStop, does more need to be done?

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Democratizing finance has been a dominant theme in recent years — with companies vying to create a level playing field and give amateur investors...