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November Fundraising: A Look at Crypto Fund Activity
While many market participants are caught up in FOMO over the rapid price surges of certain cryptocurrencies, venture capitalists continue their steady work, investing in promising projects and building the foundation for future innovation. Tracking their activity is one of the most effective ways to identify strong market narratives.PKO Bank Polski Broadens Its Service Spectrum in the Metaverse
PKO Bank Polski, a front-running bank in Poland, is enhancing and expanding its suite of services within the metaverse. This financial institution launched a virtual office on the Decentraland platform in October 2022 and has since been actively tracking the number of visits and measuring the level of engagement with this novel service model.Developer Discovers Bug in Bitcoin Ordinals Metadata System
A recently discovered bug in Ordinals, a system for writing digital collectibles onto the Bitcoin blockchain, has raised concerns and sparked a debate on how to address the issue. The bug was introduced by a developer known as Supertestnet, who initiated a transaction that didn't output a satoshi but was still considered valid in the Ordinals system. This caused the numbering system that Ordinals uses for inscriptions to be offset by one. Ordinals creator Casey Rodarmor acknowledged the bug on GitHub, expressing uncertainty about the best course of action to fix it. While the bug doesn't break the primary Ordinals system of tracking satoshis linked to collectibles, it affects the vanity metric of inscription numbers, which indicate the order in which each Ordinal collectible was created. Danny Diekroeger, founder of Bitcoin Lightning platform Deezy, downplayed the severity of the issue, stating that inscription numbers were already somewhat flawed. Another developer, Rijndael, agreed, noting that the bug should not impact the actual Ordinals themselves, but only the inscription numbering system. As developers and the community discuss potential solutions, it's clear that the bug raises questions about the reliability and security of the Ordinals system. While it may not be a major problem in the grand scheme of things, it serves as a reminder of the importance of ongoing development and testing in blockchain-based systems.South Korea to introduce a crypto tracking system
The South Korean Ministry of Justice has announced a program called "Virtual Currency Tracking System" aimed at combating money laundering. It provides for the verification of already completed and new cryptocurrency transactions, including the study of the sources of origin of funds.The Ukrainian Robin Hood is stealing from Russian cybercriminals!
Alex Holden, a hacker from Ukraine, has a singular gift for tracking down "bad russian guys" on the Internet. This week, he stole $25,000 in BTC from the russian dark web marketplace dubbed Solaris, and transferred the money to Kyiv charitable foundation "Enjoying Life".What Is Biohacking and What’s AI's Role in It?
Biohacking is a movement around the human body to improve a person’s physical and mental health, performance and capabilities. With current AI tools for tracking sleep, stress levels, diet, and other information, people have a range of options to learn about themselves and improve the quality of their lives.South Korea Seeks to Regulate Crypto Mixers
The South Korean government intends to establish specific regulations targeting cryptocurrency mixers, which are used to obscure the origin of digital assets. This initiative is driven by the challenges these services pose in tracking money laundering conducted by criminal organizations.FinCEN's Crypto Proposals Challenge US Constitutional Principles
Crypto enthusiast Preston Pysh has scrutinized the recent proposals by the Financial Crimes Enforcement Network (FinCEN) aimed at tracking all cryptocurrency transactions. He contends that these rules are in conflict with several US laws and the Constitution, and they do not align with the traditional scope of bank transfers.Blockchain's Role in Upholding Coffee Quality
Coffee bean quality isn't just a barista's concern; blockchain technology is also in the mix. With supply chain tracking efforts dating back to 2016, we're now seeing some intriguing applications. So, what's the deal with blockchain in the coffee industry?Tracking Sanctions Evaders: IRS and Ukraine Join Forces
The Internal Revenue Service (IRS) is intensifying its efforts to track down individuals potentially using cryptocurrency to evade sanctions, particularly in the wake of Russia's invasion of Ukraine. The IRS's criminal investigation division is partnering with blockchain analytics firm Chainalysis and Ukrainian investigators in this effort.1 - 17 of 17 results