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Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different Ethereum Layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop that will see early users receive 8% of the total supply of soon-to-be-released HOP tokens.Similar to Optimism, which recently unveiled a new
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Decentralized Autonomous Organization (DAO) Bee Network recently deployed two features. The first is a decentralized application (dApp) browser, and the second enables users to connect their Bee Wallet with external platforms, such as OpenSea. Created as a unique blockchain, the Bee Network allows its users to earn rewards with its native
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Crypto exchanges would have to share details about the identity and transactions of their users with foreign tax authorities under plans submitted for stakeholder comment Tuesday by the Organization for Economic Cooperation and Development (OECD), which is seeking to avoid foreign digital assets being used to hide wealth. Source
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The letter’s other signees were Darren Soto (D-Florida), Tom Emmer (R-Minnesota), Warren Davidson, (R-Ohio), Jake Auchincloss, (D- Mass.), Byron Donalds (D-Florida), Josh Gottheimer (D-New Jersey), Ted Budd (R-North Carolina), Ritchie Torress (D-New York). Apart from Donalds, all are members of the Congressional Blockchain Caucus. Source
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Ukraine has revealed for the first time how exactly crypto donations have been used to support its resistance against Russia's invasion. Alex Bornyakov, Ukraine's Deputy Minister in the Ministry of Digital Transformation and the de facto crypto spokesperson for the government, shared the details in a tweet on Friday. Original Source
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Elon Musk Steps Up to Save Ukraine's Internet, but Details Are Sparse Source
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The Information Commissioner’s Office (ICO) has issued a reprimand to the Scottish Government and NHS National Services Scotland over both organisations failure to provide people with clear information about how their personal information - including sensitive health data
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The Crypto.com security breach saga gets clarity with an official statement from the Singapore-based crypto exchange following a halt on withdrawals after detecting "suspicious activities" in user accounts.In a statement on Thursday, Crypto.com revealed that "4,836.26 ETH, 443.93 BTC and approximately US$66,200 in other currencies" had been taken from clients' accounts without
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“We had to think about our more institutional business lines and our national presence as a tech-forward bank,” CEO Sam Sidhu said in an interview. “So, not only for our existing commercial and consumer customers, but also for our fintech customers, and now emerging for our digital asset and crypto
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In a blog post this week, DeFi platform BadgerDAO provided details of how it was exploited for $120 million earlier this month.BadgerDAO said that a phishing incident that occurred on Dec. 2 was caused by “a maliciously injected snippet” from Cloudflare, an application platform that runs on Badger’s cloud network.The
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