BLOCKCHAIN

DLT and AI Task Force Chairman Calls on Government to Tokenize Economy

[ad_1] Kenyan Distributed Ledgers and Artificial Intelligence task force chairman Bitange Ndemo has said that the government should tokenize the economy, local news outlet The Star reported September 25.The taskforce was established in March by the government of the Republic of Kenya in order to evaluate proposals on how to deploy blockchain technology in the public sector. The working group consists of local blockchain startups, experts, researchers, regulatory bodies, lawyers
Business

Monero Developers Have Patched the ‘Burning Bug’

[ad_1] The developers of open-source cryptocurrency Monero (XMR) have patched a bug that could allow an attacker to “burn” the funds of an organization’s wallet while only losing network transaction fees, according to an announcement published September 25.The bug was reportedly discovered after a community member described a hypothetical attack on the XMR subreddit. The bug could purportedly affect merchants and organizations in the XMR ecosystem, enabling an attacker to
Business

Panel Discusses Token Classification and Compliance for ICOs

[ad_1] More than 45 representatives from major Wall Street firms and crypto companies took part in a meeting to discuss Initial Coin Offering (ICO) and cryptocurrency regulations in Washington D.C. September 25.The “crypto roundtable,” hosted by Congressman Warren Davidson in the last legislative session week before elections, gave a chance for industry representatives to express their concerns regarding possible regulations of the crypto space. Namely, experts told lawmakers that there
Business

New Coinbase Listing Process Will Allow Exchange to ‘Rapidly’ Increase Supported Assets

[ad_1] Cryptocurrency exchange Coinbase has announced a new process that will allow it to list more digital assets faster, according to a statement published September 25.Per the announcement, the new process refers only to digital assets that are compliant with local law, which means that certain assets listed on the platform may only be available to customers in particular jurisdictions.Issuers who want to submit tokens at Coinbase via the newly
BLOCKCHAIN

North Korea ‘Increasingly’ Uses Crypto to Avoid US Sanctions, Experts Claim

[ad_1] North Korea is "increasingly" using cryptocurrencies to evade sanctions imposed by the U.S., according to two Washington-based experts cited by news site Asia Times on September 24.Lourdes Miranda and Ross Delston sent a joint response to an Asia Times' inquiry regarding the use of crypto by the government of North Korea (DPRK). Miranda is an independent financial analyst and a financial crimes investigator, and Delston is an independent attorney