NEW ECONOMY

Why Your Prototype Might Be Closer to Theranos-Level Fraud Than You Think

Scrappy products can use manual work and simulated features. The ethical line comes down to what customers and investors believe is working today. Source link

US Sanctions Eight Canadian Money Services Firms Over Iranian Crypto Transfer Allegations

TL;DR: The US Treasury has added eight Canada-based money services businesses to its sanctions list, alleging that they helped move value for the Iranian regime and sanctioned actors. The November 6 action explicitly focuses on exchanges between local currencies...

Analysts See no Broader ‘Contagion’ Effect after $6.3B Binance Hack

Binance’s pledge to cover user losses from its $6.3 billion hack helped contain the fallout across crypto markets, analysts told Cointelegraph.“There doesn’t seem to be any contagion-type effect from the hack, given that Binance is able to cover the...

SpaceX proposes a $24 billion Texas supercomputer worth 17 times its bitcoin pile

The $24 billion project, which includes an AI supercomputer in Texas with its own gas-fired power plant, is about 17 times the value of SpaceX's bitcoin holdings. Source link

Zcash Developers Propose 20-Second Blocks After NU7 Upgrade

Zcash developers have proposed reducing the blockchain’s target block interval from 25 seconds to 20 seconds, seeking faster transaction confirmations days after activating the NU7 upgrade. On Sunday, developers ValarDragon and Evan Forbes submitted a draft Zcash Improvement Proposal (ZIP)...

The Solana Company Targets Hong Kong for Massive APAC Expansion

Key TakeawaysThe Solana Company is expanding its tokenization services to Hong Kong to capitalize on Asia’s fintech growth.Designated as a strategic enterprise, the firm plans to build a 30-person local team to advise institutions.This move bolsters Hong Kong’s financial...

Vitalik ‘Pivots’ ETH To Store Of Value, Crypto Suffers After US Election: Hodler’s Digest

Ethereum creator says ETH should be valued as an SoVEthereum creator Vitalik Buterin says the network should promote ETH as a store of value, rather than as an asset that derives value from burning fees.He argued in a thread...

Binance France announces closure of users acounts

Binance France is closing up shop in the country. Customers have been notified by email during early November, according to media reports.All accounts will be closed on Dec. 31, and any assets left on the exchange will be charged...
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Latest News

Ukraine: Meet the Peaky Blinders, a Ukrainian drone unit

The BBC's Jonathan Beale reported from inside Slovyansk, one of four cities that make up Ukraine's "fortress belt" -...
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