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    MultiversX launches on-chain two-factor authentication standard

    MultiversX CEO Beniamin Mincu unpacked the protocol’s new guardian service in conversation with Cointelegraph. The feature makes use of Google (NASDAQ:GOOGL) Authenticator, Authy, Duo, Microsoft (NASDAQ:MSFT) Authenticator or biometrics to provide a second signature for transactions before they are processed on-chain.Continue Reading on Coin Telegraph More

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    Texas Blockchain Council director announces run for State House

    In a July 11 announcement, Kinard said he planned to seek the Republican Party nomination for Texas House District 70 in the Dallas-Fort Worth area, where he would serve a two-year term starting in 2025 if elected. The candidate has worked at the Texas Blockchain Council since March 2022 following roughly three years at BOK Financial. Continue Reading on Coin Telegraph More

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    UK bill on online safety should apply in the metaverse, say lawmakers

    In a July 12 session of the U.K. parliament, members of the upper house debated whether the Online Safety Bill would cover “certain harmful content” users could come across in a virtual environment like the metaverse. Many lawmakers considered how regulations could address “ghastly stuff” — according to member Illora Finlay of Llandaff, Wales — children might encounter online.Continue Reading on Coin Telegraph More

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    CleanSpark’s Bitcoin mining capacity hits 8 EH/s as new facility goes live

    The second phase saw an investment of nearly $55 million in the site, including construction, infrastructure and machines. The facility, bought in August 2022 for $25.1 million, had 15,000 mining machines with a power capacity of 50 megawatts (MW). According to the company, the capital deployed expands its total power capacity to 86 MW. Continue Reading on Coin Telegraph More

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    US crypto exchanges give XRP listings a second chance after court ruling

    In a July 13 tweet, crypto exchange Gemini said it planned to explore listing XRP for spot and derivatives trading after a court ruled the token was not a security under the SEC’s purview, while Coinbase (NASDAQ:COIN) and Kraken said they will re-enable XRP trading for the first time in roughly two years. The SEC has taken enforcement actions against exchanges including Binance and Coinbase for alleged unregistered securities offerings, but the legal precedent from the Ripple case may allow exchanges offering XRP trading to breathe a little easier.Continue Reading on Coin Telegraph More

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    FTC takes aim at OpenAI’s ChatGPT with lengthy criminal investigation questionnaire

    The FTC is investigating whether OpenAI used “unfair or deceptive privacy or data security practices” or “unfair or deceptive practices relating to risks of harm to consumer, including reputational harm.” The agency is also considering whether a monetary penalty for the alleged practices would be in the public interest, according to the CID.Continue Reading on Coin Telegraph More