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Article by Steve Kaaru

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens
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20 May, 2023

Zimbabwe defies IMF, sells $40 million worth of gold-backed digital tokens

Zimbabwe’s tokens are backed by 140 kilograms of gold, the central bank says, revealing it’s preparing for a second round...
North Korea stole $1.2 billion from Japan, Vietnam: Elliptic
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18 May, 2023

North Korea stole $1.2 billion from Japan, Vietnam: Elliptic

Japan accounted for 30% of digital assets stolen globally, and Elliptic’s research traced them to Lazarus Group, the hacking group...
OpenAI to release open-source AI model as race with Google, Microsoft heats up: report
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17 May, 2023

OpenAI to release open-source AI model as race with Google, Microsoft heats up: report

Sources tell The Information that the new open-source model would not compete with ChatGPT and come months after Microsoft released...
UnionDigital Bank plans to use blockchain, digital assets to target underserved Filipinos
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17 May, 2023

UnionDigital Bank plans to use blockchain, digital assets to target underserved Filipinos

The Philippines lags behind its neighbors in availing financial services, and UnionDigital Bank is tackling this challenge and will soon...
Singaporean researchers ‘solve’ DAO governance challenge with new model
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17 May, 2023

Singaporean researchers ‘solve’ DAO governance challenge with new model

The researchers ranked the existing DAO voting mechanisms, listing each mechanism’s challenges before unveiling their hybrid governance mechanism.
Biden’s head of crypto enforcement pledges crackdown on Cryptocrime
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16 May, 2023

Biden’s head of crypto enforcement pledges crackdown on Cryptocrime

Eun Young Choi of the U.S. Department of Justice, says she will not consider a VASP’s size in her efforts,...

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