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The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate smart contracts — has been approved by the European Parliament. If introduced, the legislation will require a smart contract to have a “kill switch.”In a Nov. 9 press release, the parliament
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Traffic on Google Maps has dropped by 40% over the last two years with the introduction of the Apple Switch as the likely reason behind this. Two years following Apple Inc‘s decision to replace Google Maps with its own app as the default service on iPhones, Google managed to recover
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On June 28, the European Council and Parliament achieved a political consensus on the Data Act, which moves the legislation regarding non-personal data closer to fruition.Thierry Breton, European Union commissioner for the internal market, described the agreement in an X post as a “milestone in the reshaping the digital space.”Another
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Negotiators said they had struck a deal on the controversial text on June 28, shortly after organizations linked to numerous blockchains, including Stellar, Polygon, NEAR and Cardano, expressed their concerns in an open letter, but no text has been released until now. Source
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The upgrade to POL from MATIC requires a simple technical action – sending MATIC to the upgrade smart contract, which will automatically return the equivalent amount of POL. Token holders would be given ample time to upgrade, a proposed four years or more, if the community supports the move. Source
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European Union lawmakers have agreed to move ahead with the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The European Union (EU) is making progress on the European Data Act, despite facing criticism from the cryptocurrency community, as lawmakers have reached an agreement to proceed with the legislation. The E.U.’s Commissioner for Internal Markets, Thierry
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The European Union (EU) legislators have reached an agreement to move ahead with the controversial Data Act that drew scrutiny from the crypto community earlier. The finalization of the deal was confirmed by EU’s Commissioner for Internal Market Thierry Breton in a Tweet calling it a “milestone in reshaping the
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A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a common currency. Shanghai Cooperation Organization to Abandon Dollar in Favor
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In the IT world, administrators commonly use the kill switch mechanism to shut off a device, network or software in the event of a security threat. In a smart contract setting, a kill switch can either destroy the contract or deploy a halt, patch and re-release of the contract in
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