June 25, 2019 Ethereum-Based Synthetic Asset Platform Loses Over 37M Tokens in Oracle Attack An Ethereum-based synthetic issuance platform lost over 37 million in synthetic ether. The Ethereum-based synthetic asset issuance platform Synthetix has lost over 37 million synthetic ETH (sETH) in an oracle attack, according to a report by The Block on June 24.While the amount of sETH in question is known to be over 37 million, the price of this loss in U.S.…
June 24, 2019 AICPA Proposes New Standards That Would Apply to Blockchain-Based Audit Data The AICPA has proposed a new set of standards for evaluating audit data, giving auditors guidelines on how to deal with audit evidence provided via blockchain.…
June 24, 2019 President of Uganda to Lead Blockchain Conference in Kampala in July The President of Uganda is announced to lead the 2019 Africa Blockchain Conference on the “fourth industrial revolution.” The President of Uganda, Yoweri Museveni, will officiate the 2019 Africa Blockchain Conference, according to a report by Kabuubi Media Africa on June 24According to the report, The 2019 Africa Blockchain Conference — not to be confused with The Blockchain Africa Conference 2019 which occurred in April — will be held from July 3 to July 4, and the theme is ’Africa 4.0: Preparing Africa for the 4th Industrial Revolution.’ The conference topics will reportedly include fintech, payment systems, and the future of education.President Museveni reportedly supported the use of blockchain technology in Uganda during his inaugural speech.…
June 24, 2019 Bitfinex CTO Hints at Maximum Leverage for Upcoming Derivatives Trading Crypto exchange Bitfinex’s chief technology officer, Paolo Ardoino, hinted at the maximum leverage for the exchange’s upcoming derivatives trading.…
June 24, 2019 98% of BSV Transactions Used for Writing Weather Data on Blockchain: Report Over the past 30 days, more than 98% of transactions on the Bitcoin SV network have been used for recording weather data.…
June 24, 2019 US House of Representatives to Hold Hearing on Facebook’s Libra in July The U.S. House Financial Services Committee will hear testimony about Facebook’s new cryptocurrency Libra in July.…
June 24, 2019 Russian Central Bank: Criminals Rarely Use Crypto to Withdraw Stolen Funds In Russia, fraudsters rarely use cryptocurrency to withdraw stolen money, according to the country’s central bank.…
June 24, 2019 Canadian Blockchain Company Signs Contract with Seoul Ministry of Transportation The Canadian firm Graph Blockchain Inc has partnered with Seoul’s transportation ministry. Canadian tech firm Graph Blockchain Inc.…
June 24, 2019 Future for State-Backed Brazilian Token Issuance Unclear as Bank Sees Leadership Reshuffle Turmoil over the leadership of the Brazilian Development Bank may pose challenges to cryptocurrency trials. On June 18, Brazil’s National Bank for Economic and Social Development (BNDES) announced the election of Finance Director José Flavio Ferreira Ramos as its interim president. Ramos will serve as the BNDES head until the inauguration of 38-year-old Gustavo Henrique Moreira Montezano, a former economist and the current deputy secretary of privatization and disinvestment. Montezano’s appointment followed two meetings on June 17 between Brazilian President Jair Bolsonaro and the country’s minister of the economy and former economic advisor to Bolsonaro’s presidential campaign, Paulo Guedes.…
June 24, 2019 Malta to Register All Property Rental Contracts on Blockchain In Malta, new rules will require that all property rental contracts be registered on blockchain for security considerations.…
