Rep. Nathan Toman says that he desires a “North Dakota coin” He believes that such an asset could potentially help the struggling economy in the wake of COVID-19, an Aug. 7 article from Inforum said.ย “That was my hope, but we’re a little bit late to the game on doing something like that,” Toman told Inforum regarding COVID-19 and North Dakota coin.ย Toman lobbied for blockchain’s many applications as part of the study, including self-governing systems, the article explained. Backed by aspects such as state-held precious metals and property, Toman told…
Day: August 7, 2020
California’s Attorney General Warns People to Be Wary of Crypto Scams
Xavier Becerra, California’s attorney general, recently told the public to watch out for possible crooked dealings surrounding crypto and digital assets.ย ย While broadly referencing other hacks, an Aug. 7 statement from the California Department of Justice said: “Recently, unscrupulous actors have impersonated well-known politicians, celebrities, and business executives on social media and YouTube channels in ‘giveaway’ scams that falsely promised, for example, to double any digital assets sent to a specific digital asset wallet.” The comment, in part, refers to the recentย July 15 Twitter attack, which saw a large number…
No One Knows Why Binance.US Is Down Right Now
Binance.US, the United States branch of major crypto exchange Binance, began suffering unforeseen platform issues on Aug. 7 around 15:26 UTC time, resulting in the company temporarily shutting off exchange features.ย ย “Please rest assured that all customer funds are safe, and we will provide a further update soon,โ a Binance.US representative told Cointelegraph.ย “At 11:26am EST, we noticed our systems not functioning as intended,” Binance.US tweeted on Aug. 7.ย The tweet added: “To protect our users, we will be stopping trading, order processing, buy crypto, deposits, and withdrawals.ย We will let…