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The Soroban Adoption Fund incentivizes developers to begin building products and tools on the new smart contract platform.
The upgrade is intended to fix the exploit that drained the platform of $100 million.
The city notice effectively stopped the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion was in compliance with local zoning ordinances.
The hack was allegedly caused by “a missing onlyMigrator check.”
“Effective regulatory and supervisory frameworks should be based on the principle of ‘same activity, same risk, same regulation,’” said the FSB proposal.
Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation.
The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets.
From reversible transactions to increased regulation and a rising tide of censorship, mass adoption is going to make crypto look more like the systems we’re trying...
Bittrex agreed to pay more than $29 million in a settlement with FinCEN, but the regulator said it will credit a $24-million payment “to settle its...
BTC price performance declines in line with U.S. equities ahead of classic volatility engendered by CPI data.
