on July 7, Bank for International Settlements (BIS), a financial institution controlled by its component central banks, published a regulatory framework for defend central bank digital currencies (CBDC) potential cybersecurity threats.. BIS wrote: “Recent examples of smart contract hacking in DeFi that have resulted in significant loss of money are [...]
Ripple Labs, a digital payments and blockchain technology company, has announced an initiative. revolutionize real estate through tokenization. Antony Welfare, advisor to Ripple’s Central Bank Digital Currencies, pointed out in a statement. July 7 tweet Increasing global interest in CBDCs and stablecoins. He explained that the Ripple team is exploring [...]
According to the report Posted by on July 7 Slow FogHacked since 2012 $30 Billion in Crypto in 1,101 Documented Events. According to the blockchain security firm, the five most common attacks are: vulnerabilities of smart contracts, carpet pulls, flash credit attacks, fraud And private key leaks. The losses represent [...]
Creation of inscriptions ordinal numbers On the Bitcoin blockchain (bitcoinIt resulted in more than $210 million in trading volume, according to DappRadar’s latest quarterly report.Data independently verified by Cointelegraph shows that the explosion in the popularity of Ordinals led to a sharp increase in trading volume during the second quarter [...]
According to Paolo Ardoino, Tether’s chief technology officer, if humanity merges with artificial intelligence in the future (AI), bitcoin (bitcoin) may be the currency of choice for responsive AI.Ardoino detailed this hypothetical fact in an interview with Cointelegraph reporter Joseph Hall during the PlanB Summer School in Lugano, Switzerland. Choose [...]
As recently reported, industry experts believe Hong Kong’s growing interest in blockchain technology, cryptocurrencies and Web3 could persuade businesses to leave the United States.Over the past year, the city has made a number of initiatives to promote the development of the Web3 sector and enable retail investment in cryptocurrencies. The [...]
Hut 8 Mining is seeing new demand for artificial intelligence (AI) and high-performance computing as it tries to reactivate the approximately 6,400 rigs that will be moved from its North Bay, Ontario, Canada dump site.Like reported previously Hut 8 was in a legal battle with energy supplier Validus Power for [...]
The total value of cryptocurrencies lost to fraud, hacking and theft in the first half of 2023, according to a report by cybersecurity firm Beosin on June 30. a total of approximately $656 million. This figure includes $471.43 million in losses in 108 protocol attacks, $108 million in various phishing [...]
Introduction: A New Frontier in the Digital Economy In recent years, the world of digital assets has witnessed a groundbreaking innovation known as Non-Fungible Tokens (NFTs). NFTs have gained significant attention due to their ability to revolutionize ownership and provide unique investment opportunities. This article aims to shed light on [...]
FedNow, the Federal Reserve’s upcoming instant payment system, known Certified “early adopters” list on June 29. Organizations on the list were confirmed ready to engage with the platform when it launched in late July. No blockchain networks are listed, although there are at least two previously announced plans to connect [...]