Friday, September 30, 2022
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Lack of ‘qualified people’ without more Web3 education, say academics

Australian blockchain academics and educators have called for more robust Web3 education in schools, preparing students for a world that will be dominated by blockchain technology.Huxley Peckham, head trainer for Blockchain Academy International told Cointelegraph that there are “very few qualified people in the blockchain industry, but there is big

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Many NFT projects lack adequate smart contract testing, says nameless founder

Jimmy McNelis, the founder of Web3 tech firm nameless, says there are too many NFT projects rushing to market without proper smart contract testing — potentially leading to millions lost. Speaking with Cryptox, McNelis suggested that a lot of NFT projects often rush to market without fully simulating how its

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Blockchain’s lack of accessibility will limit its potential

Right now, most people think the blockchain industry is simply about cryptocurrencies without realizing the massive value the underlying technology has to offer. Blockchain technology adoption is growing significantly, as businesses and enterprises begin to acknowledge its disruptive and transformational potential. This growth shows no sign of stopping, with the

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Iran to begin ‘crypto rial’ CBDC trial despite possible lack of infrastructure: Report

The Central Bank of Iran will make a pilot launch of a central bank digital currency (CBDC) on Sept. 22, the Iranian Chamber of Commerce has announced. The so-called “crypto-rial” has been in the planning stage for several years.The launch of the crypto rial was originally planned for November, according

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As Ether, Bitcoin Wilt, Trading Firms Blame Lack of Bullish Catalyst for Market Swoon

Bitcoin, the biggest cryptocurrency by market value, slipped to $18,300, the lowest since June 19, according to CoinDesk data. Meanwhile, ether, the native token of Ethereum's blockchain, which recently underwent a long-awaited and supposedly-bullish technological change called the Merge, slipped to a two-month low of $1,580. The total market capitalization

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Ethereum DeFi Service Porter Finance Shutters Bond Platform, Citing Lack of ‘Lending Demand’

Porter founder Jordan Meyer said the platform was also shunning legal risks with the move. “We are also no longer willing to take on the legal risk associated with bond offerings,” Meyer said, without saying what those risks might be. “For these reasons, we are pivoting away from the bond

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Babel Finance Has Put a Halt to Withdrawals Due to a Lack of Liquidity

Babel Finance, a Hong Kong-based asset management firm and cryptocurrency lender, is the latest cryptocurrency lending provider to be hit hard by the current market. Babel Finance said on Friday that redemptions and withdrawals from its products would be temporarily halted due to "unusual liquidity challenges." According to a note on

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Hester Perice criticizes lack of legal clarity for crypto

The crypto sector may be maturing, but regulatory clarity around the treatment of digital assets continues to remain cumbersome. This was recently highlighted by Commissioner Hester Peirce — also known as the United States Securities and Exchange Commission’s (SEC) “crypto mom” — in remarks she made at “The Regulatory Transparency Project

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Indian government’s ‘blockchain not crypto’ stance highlights lack of understanding

Indian crypto businesses are struggling with the new tax policies as trading volumes have dried up and many established crypto firms are looking to relocate to more crypto-friendly jurisdictions.While many developed countries and even several of its Asian counterparts are actively studying and formulating better crypto regulations, the Indian government

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