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Legal frameworks that ensure that user privacy and the freedom to choose between central bank digital currencies and other forms of money will be key in driving CDBC adoption, according to the head of the Bank of International Settlements.Speaking at the BIS Innovation Hub conference in Switzerland on Sept. 27,
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Despite the rise of cybersecurity infrastructure, the online identity still faces many risks, including those related to the hacks of one’s phone numbers.In early July, LayerZero CEO Bryan Pellegrino became one of the latest victims of a SIM swap attack, which allowed hackers to briefly take over his Twitter.And... we're
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An unknown party has moved more than $160 million worth of Bitcoin from a wallet reportedly tied to Luna Foundation Guard (LFG), the organization connected to Terraform Labs and its co-founder Do Kwon.According to a July 5 report, an individual or individuals transferred 5,292 Bitcoin (BTC) from an LFG address
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Following yesterday's confirmed multi-million dollar exploit, BNB Chain based protocol Ankr took to its company blog on Dec. 2 to relay its next steps to users.The team said it was identifying liquidity providers to decentralized exchanges as well as protocols supporting aBNBc or aBNBb LP. The group also said it
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press release PRESS RELEASE. A game-changing Web3 security solution was launched on December 1, 2022. As the digital world is getting more advanced, scammers invent new elaborate ways to cheat web3 users and steal their assets. Smart contracts forgery, phishing websites, airdrop scams, and spamming are just a few of the
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“While there have been multiple recent failures in crypto, it is important to distinguish between Terra’s case, where a transparent, open-source decentralized stablecoin failed to maintain peg parity and its creators spent proprietary capital to try to defend it, and failure of centralized custodial platforms where its operators misused other
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The fund cited “ongoing and threatened litigation” in its reasons
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Seoul police are seeking to ban the entity from withdrawing crypto amid suspicions of embezzlement. Original Source
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"Given the proposed Terra chain fork, LFG has disclosed no plans to use the AVAX," according to the tweet. “Should any sales be contemplated for the LFG reserves, the Avalanche Foundation is ready to work with LFG on a sensible trading strategy.” Source
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The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed how it used the available Bitcoin reserve before the recent debacle involving the Terra ecosystem. The organization sold part of the bitcoins owned directly, while another part was
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