Bitcoin, Sango Coin and the Central African Republic
    09 Jan 2023

    The Central African Republic adopted Bitcoin and swiftly created its own token, Sango Coin. But where did Sango Coin come from, and why is it necessary? In the spring of 2022, the Central African Republic (CAR) became the first African country to adopt Bitcoin. As the second country globally to recognize Bitcoin in such a…

    Digital Currency Group under investigation by US authorities: Report
    09 Jan 2023

    U.S. authorities are reportedly investigating internal transfers from Digital Currency Group to its subsidiary Genesis. Crypto conglomerate Digital Currency Group, or DCG, is under investigation by the United States Department of Justice’s Eastern District of New York and the Securities and Exchange Commission (SEC), according to a Bloomberg report. The authorities are digging into internal transfers between…

    Why DeFi should expect more hacks this year: Blockchain security execs
    09 Jan 2023

    One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm. Decentralized finance (DeFi) investors should buckle themselves up for another big year of exploits and attacks as new projects enter the market and hackers become more sophisticated. Executives…