November 14, 2021

Russia Fails to Act on Request to Help Freeze Millions in Crypto Withdrawn From Wex Wallet

Russia Fails to Act on Request to Help Freeze Millions in Crypto Withdrawn From Wex Wallet

The Russian Ministry of Interior has rejected a request filed by clients of Wex to do its part in the blocking of crypto funds removed from a wallet controlled by the now-defunct crypto exchange. Over 10,000 ETH have been recently withdrawn from the wallet and transferred to other platforms. Wex Victims Try to Freeze $46 Million of …

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Apple is sticking taxpayers with part of the bill for rollout of tech giant’s digital ID card

Apple is sticking taxpayers with part of the bill for rollout of tech giant’s digital ID card

KEY POINTS Apple requires states to maintain the systems needed to issue and service credentials at taxpayer expense, according to contracts signed by four states. The agreement, obtained through public record requests from CNBC and other sources, mostly portrays Apple as having a high degree of control over the government agencies responsible for issuing identification …

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Sotheby’s to Accept Ether in Live Bidding for Sale of Banksy’s Works

Sotheby’s to Accept Ether in Live Bidding for Sale of Banksy’s Works

Sotheby’s auction house will be accepting Ethereum (ETH) cryptocurrency during live bidding for its upcoming virtual exhibition, where two of Banksy’s artworks will be up for sale. The 277-year-old British auction house will be holding the auction on November 18 at its “headquarters” in Decentraland – a decentralised 3D virtual reality platform – making it the first to accept …

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Indian Government to Take ‘Progressive’ Steps on Crypto, Sources Say After PM Modi’s Meeting

Indian Government to Take ‘Progressive’ Steps on Crypto, Sources Say After PM Modi’s Meeting

The Parliamentary Standing Committee on Finance will meet industry representatives next week to seek their views. While the Indian government is cognizant of risks associated with cryptocurrencies, it intends to take “progressive” and “forward-looking” steps on the matter, sources told Indian news agency Asia News International (ANI) after Prime Minister Narendra Modi chaired a meeting …

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UNDERSTANDING TAPROOT IN A SIMPLE WAY

UNDERSTANDING TAPROOT IN A SIMPLE WAY

The highly-anticipated upgrade is set to roll out over the weekend, changing Bitcoin for the better. Understanding exactly what about the Bitcoin network implementing Taproot changes is necessary for understanding why the changes were needed. Taproot is the combination of many Bitcoin Improvement Proposals (BIPs) resulting in a soft fork of Bitcoin’s blockchain. A soft …

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Digital rights management in the open seas of blockchain systems

Digital rights management in the open seas of blockchain systems

Defining the digital rights issues in blockchain systems that support the new wave of Web 3.0 is reflective of the digital peer-to-peer culture. To understand the complexity of digital rights management, or DRM, one must first understand the DRM challenges of current systems and then the challenges (and opportunities) presented by blockchain technology that prides …

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What Is The Metaverse—And Why Does Mark Zuckerberg Care So Much About It?

What Is The Metaverse—And Why Does Mark Zuckerberg Care So Much About It?

What is the Metaverse? It’s a combination of multiple elements of technology, including virtual reality, augmented reality and video where users “live” within a digital universe. Supporters of the metaverse envision its users working, playing and staying connected with friends through everything from concerts and conferences to virtual trips around to the world. Facebook’s, I …

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First ‘Avengers’ Spider-Man Trailer Shows The PlayStation Exclusive In Action

First ‘Avengers’ Spider-Man Trailer Shows The PlayStation Exclusive In Action

After being mysteriously absent for over a year, it’s finally time for a long-promised hero to make his way into Marvel’s Avengers. Spider-Man is just a few weeks away, and IGN just debuted the first trailer for the new hero today. The trailer has Spider-Man fighting Avengers’ usual AIM goons, but when he’s overwhelmed, the …

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