Palau Seeks to Freeze USD-backed Stablecoin
Following the pilot of its USD-backed stablecoin built on XRP Ledger, western Pacific Ocean nation Palau plans to halt the initiative on Sept. 15 as the government seeks to collect user feedback. Jay Hunter, a Palau Ministry of Finance member and director of the digital residency program, announced on X (previously Twitter) that the government […]
IMF And FSB Release G20 Crypto Asset Regulation Paper
Financial Stability Board (FSB), the G20’s risk monitor, and IMF published a paper for the G20 Summit recommending crypto regulations. Thursday, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) issued a paper containing policy recommendations and regulatory standards for cryptocurrencies. India’s G20 Presidency requested that the IMF and FSP construct policy and […]
Vyper Compiler Releases v0.3.10 for Safer Ethereum Contracts
The Vyper compiler, a Python-like language for Ethereum smart contracts, has released a new version, v0.3.10, that focuses on performance optimization and security enhancement. What’s new in v0.3.10? According to the documentation, v0.3.10 introduces several new features and changes, such as: The Vyper compiler aims to provide a simple, secure, and auditable language for Ethereum […]
AI-generated Vocal Track of Drake Up for Grammy Nomination
The New York Times reported on September 5 that a viral track from the anonymous producer “Ghostwriter” featuring an artificial intelligence (AI)-generated vocal track of the rapper Drake has been submitted for Grammy consideration. The Ghostwriter team has submitted “Heart on My Sleeve” to the Recording Academy, the organization behind the Grammys, for nomination in […]
CBN Could Have Regulated Blockchain in 2021 – Convexity CEO
At the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN)’s Digital Assets Summit 2023 in Abuja, Adedeji Owonibi, CEO of Convexity, said the Central Bank of Nigeria should have created a blockchain regulation strategy in 2021. In the panel titled The Future of Digital Assets: Regulatory Uncertainty and the Way Forward, the panelists discussed why […]