60% of Firms in Blockchain Sandbox City Don’t Know What Blockchain Is

60% of Firms in Blockchain Sandbox City Don’t Know What Blockchain Is

The Gwangandaegyo or Diamond Bridge in Busan, South Korea. Source: Adobe/Tom Just a year ago, Busan, the second biggest city in South Korea, was celebrating after it was granted the nation’s first blockchain regulatory sandbox status – with grand plans afoot for implementing tokenized business…

US Lawmakers Set to Vote on Two Blockchain and Cryptocurrency Proposals

US Lawmakers Set to Vote on Two Blockchain and Cryptocurrency Proposals

The Consumer Safety Technology Act now incorporates the Digital Taxonomy Act and Blockchain Innovation Act – and is set to be debated in the House of Representatives.   Introduced by Rep. Jerry McNerney of California and Michael Burgess of Texas, the Consumer Safety Technology Act, which…

Bitcoin Engineers Rediscover Huge Blockchain Vulnerability

Bitcoin Engineers Rediscover Huge Blockchain Vulnerability

In brief Developers discovered a bug in the Bitcoin blockchain in 2018. The bug could lead hackers to shut down entire networks. Developers rediscovered the bug in a number of other blockchains this year—and published a paper of their findings. Two Bitcoin engineers have discovered…

Shanghai Issues Draft Blockchain Standards, National Effort to Follow

Shanghai Issues Draft Blockchain Standards, National Effort to Follow

Shanghai. Source: Adobe/eyetronic Shanghai is set to issue China’s first local blockchain security standard ahead of national efforts to rollout countrywide blockchain protocols, per reports from the Middle Kingdom. According to state-owned media outlet Xinhua, the Shanghai government’s Shanghai Information Security Testing Evaluation and Certification…

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