The United States Securities and Exchange Commission (SEC) has initiated legal proceedings against Terraform Labs and its co-founder, Do Kwon, by submitting a demand for the company to pay civil fines and disgorgement in the amount of billions of dollars. The SEC has filed a petition in response to a judgement in a civil matter, … Continue reading SEC Seeks $5.3B Judgment Against Terraform Labs and Do Kwon
As artificial intelligence (AI) becomes increasingly integrated into our daily lives, concerns about bias within AI systems have garnered significant attention. Bias in AI refers to the systematic errors or inaccuracies in decision-making processes, often resulting from the unconscious prejudices of its developers or the data used to train the algorithms. Addressing bias in AI … Continue reading AI bias: how blockchain can ensure its safety
Blockchain trilemma was initially expressed by Vitalik Buterin, founder of Ethereum, which is claimed to be unfeasible in achieving scalability, decentralization, and security simultaneously in a blockchain. There are numerous blockchain project teams attempting to address the blockchain trilemma, and the Turing Award-winning team Algorand is one promising candidate. We have the pleasure to speak … Continue reading Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand
Exclusive interview with Sami Mian: Part 1 “Imitation is the sincerest form of flattery.” When Facebook released Libra’s whitepaper, Hedera Hashgraph allegedly “thanks” Facebook for imitating their governance model, what is the story behind? We spoke exclusively with Sami Mian, the Head of Japan and Korea for Hedera Hashgraph, to reveal the hidden story of … Continue reading Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?
Facebook’s Libra drew fire as Senator Sherrod Brown likened it to the 2008 subprime mortgage fiasco. Yahoo Finance has conveyed Senator Brown’s fierce sentiments about Libra as he recalled bankers proposed the innovative product that they deemed to be a game-changer. This would, however, not be the scenario as subprime mortgages instigated a turmoil. The … Continue reading Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco
If we want to understand why blockchain will disrupt and uproot our current monetary and financial system, we need to understand the following: the history of currency; what is a currency; why currency exists; and the relationship between currency and wealth. Then we look at three key aspects (money form, money issuance, and the flow … Continue reading Fighting for Monetary and Financial Freedom
Paxful is a key worldwide peer-to-peer platform dealing with Bitcoin. Part of Paxful’s intentions is scaling up Bitcoin access in Kenya as well as other parts of East Africa. This is in line with the institution’s goal of propelling economic inclusivity to the neglected persons in Africa. Since 2015, this company has been instrumental in … Continue reading Bitcoin Access in East Africa Boosted by Paxful
The Thai Securities and Exchange Commission (SEC) has unraveled the latest crypto scam whereby potential investors are coerced into functioning with overseas companies. According to the Bangkok Post, the Thai regulator is knowledgeable about various illegitimate companies taking part in the purported scam identified as FX trading corporation. Notably, this entity does not have any … Continue reading Beware of an Overseas Crypto Scam, Thai Regulator Stipulates
Bitcoin network hash rate, an evaluation of the activity being undertaken by miners on a particular blockchain, has remained high despite the presence of floods in China. Nevertheless, some mining operatives have faced the wrath of being destroyed. On Twitter, several users have reported the disastrous effects of floods in Sichuan, a Chinese province. They … Continue reading Bitcoin Hash Rate Remains Steady as Miners are Wiped Out by China Floods
Cryptocurrency trading platform Coinbase brought to light new research highlighting 56% of the top 50 universities now offering one or more classes on cryptocurrency and blockchain technology. The study was shared through their official blog post, which was based on the current rankings published on US News and World Report, inclusive of both undergraduate/ graduate programs. … Continue reading Demand for Blockchain Courses Available at 56% of the Top 50 Universities