An investment arm of United States-based blockchain firm Algorand loses up to $2 million in crypto after its CTO’s phone was hacked. Algo Capital, an investment arm of United States-based blockchain firm Algorand, has lost roughly $1–2 million in Tether (USDT) stablecoins and Algorand (ALGO) tokens after its CTO Pablo Yabo’s mobile phone was compromised.…
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Liechtenstein’s Parliament unanimously passed the Blockchain Act, making it the first country to have comprehensive regulation of the token economy. Liechtenstein’s Parliament has unanimously passed the Act on Tokens and Entities Providing Services Based on Trusted Technologies (TVTG), also known as the Blockchain Act. Pioneer in comprehensive regulation On Oct. 3, the Parliament of Liechtenstein…
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This week’s selected cryptocurrency and blockchain news from the German-speaking world, courtesy of Cointelegraph auf Deutsch. The German-speaking world has experienced another week full of exciting developments in the crypto industry, with Liechtenstein approving the new Blockchain Act, Iota Foundation joining the European climate research community and Germany taking a firm stand against stablecoins. Here…
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Was the impact of the “crypto winter” on the entire industry positive or negative? Take a look in an in-depth analysis. It’s hard to tell who was the first to coin — if you’ll forgive the pun — the name for the dramatic price drop of Bitcoin (BTC) and altcoins as the “crypto winter.” But…
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Following cannabis supply chains, Æternity blockchain will also be applied to Uruguay’s internal democratic processes and voting. Open source decentralized application (DApp)-focused blockchain Æternity will team up with the Uruguay Digital Party to optimize the country’s democratic processes and internal voting. According to a press release shared with Cointelegraph on Oct. 3, the partnership aims…
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Ethereum venture production studio ConsenSys announces that it has fully acquired Infura, a blockchain infrastructure provider that the firm previously backed. Ethereum (ETH) venture production studio ConsenSys has announced that it had fully acquired Infura, a blockchain infrastructure provider that the firm previously backed. According to the blog post published on Oct. 4, Infura will…
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United States retail giant Walmart will use blockchain technology to track its Indian-sourced shrimp. United States retail giant Walmart, in collaboration with IBM, will use blockchain technology to track its shrimp supply chains. On Oct. 4, Indian business publication LiveMint reported that Walmart will use blockchain technology to track its Indian-sourced shrimp to select locations…
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A hacker who received 17 Ethereum domain names during the Ethereum Name Service’s auction returned them for hefty compensation. The hacker who stole 17 Ethereum domain names during the Ethereum Name Service’s (ENS) auction decided to return them all. The promise of hefty compensation On Oct. 4, digital-collectibles marketplace OpenSea said that all of the…
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Japanese messaging app Line has signed a final agreement with financial giant Nomura Holdings to form a blockchain alliance. Japanese messaging app Line has entered into a final agreement with financial giant Nomura Holdings to form a blockchain alliance. Focus on blockchain technology On Oct. 4, Line, together with Line Group company LVC Corporation and…
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The launch of the Crypto Rating Council (CRC) has seemingly been met with a lot of positivity across the global crypto landscape. At the end of September, a number of established crypto firms (including Kraken, Bittrex and Coinbase) that are currently operating in the United States came together to establish a new governance body called…
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