A Pair of Hacks Rattle an Already Jittery Crypto Industry
A pair of crypto hacks totaling nearly $200 million in losses and probably affecting more than 10,000 users has prompted worry in an industry already unsettled by falling prices.
On Wednesday, Solana, a popular blockchain and token, said that some wallets that held its assets had been breached. At least 7,700 such wallets are believed to be affected, the company said, while London-based blockchain-analysis firm Elliptic put the amount stolen at $5.2 million in crypto, which includes Solana tokens and the stablecoin known as USD Coin. Read More
University of Florida Wins $50 Million Algorand Backed Blockchain & Education Program
In the US, the Algorand Centers of Excellence (ACE) Program will fund multi-year projects at UC Berkeley, Carnegie Mellon, University of Florida, Yale and Purdue
SINGAPORE, August 3, 2022 — The Algorand Foundation, whose mission is to grow the ecosystem of Algorand, the carbon-negative Layer 1 blockchain invented by Turing Award winner and MIT professor Silvio Micali, today announced the 10 winners of its AlgorandCentres of Excellence (ACEs) Program with awards totaling $50M over five years. The program received 77 proposals with over 550 participants representing 46 countries; winners were selected by an international panel of 27 experts from a diverse set of disciplines. Read More
FL CFO, Jimmy Patronis: Don't Let 'Pig Butchering' Cryptocurrency Scam Make You Squeal
The 'romance scam' can often happen through online dating sites.
Scammers are aiming to “fatten up” unwary cryptocurrency investors before making off with their dough as part of a “pig butchering” scheme, Chief Financial Officer Jimmy Patronis warns.
“In Florida, we embrace emerging technology and innovation, but consumers must always stay on guard for scams, especially as new financial products like Bitcoin and other cryptocurrencies become increasingly popular,” Patronis said. Read More
Every US Crypto Exchange is Under SEC Investigation, Senate Staffer Says
The Securities and Exchange Commission is investigating every U.S. crypto exchange, according to a Senate staffer.
A staff member from Sen. Cynthia Lummis's (R-WY) office claimed that every one of the more than 40 crypto exchanges in the United States is being investigated by the SEC, according to Forbes . Read More
Analytical Data
The Cost Of Mining Bitcoin In 198 Different Countries
Venezuela ranks as the number one most expensive country to mine bitcoin.
On the opposite end of the spectrum, the cheapest place to mine Bitcoin is in Kuwait.
Florida Blockchain Politics
Florida Primary Election Date: Tuesday, August 23, 2022
“SunShin3” A Florida Web3 Focused Political Action Committee Forms, Creating Web3 Friendly Candidate List
Since the publishing of the Bitcoin whitepaper in 2008, blockchain and web3 technology has matured from an academic idea to a thriving industry that has captured the imagination of tens of millions about what the future might hold. And for good reason.
Blockchain technology has generated hundreds of billions of dollars of economic value in the past decade and early blockchain experiments in environmental, societal, and technological impact showcase the technology's potential to build a future that is more resilient, collaborative, regenerative, and dynamic. Read More
👉 Web3-Friendly Florida Political Candidates - Voting Guide (by Sunshin3)
Pro Web3 Politician of the Week: Jason Holloway
PAC Pours $692K into TV to Support Maxwell Frost in CD 10
Events
Click below for events & meetups in August 2022
Florida Bitcoin & Blockchain Summit (Tampa) November 3-4
Web3 & Real Estate Summit
Crypto News Heard Around the State
Tampa News
Once a $1B unicorn, Tampa’s Pocket Network eyes rebound from crypto crash
Even by the up-and-down requirements of the Web3 business, Michael O’Rourke had a wild first half of the yr.“Greece, Spain,
cryptonewsbtc.org
BlockSpaces Announces Banking Relationship with Cogent Bank
/PRNewswire/ -- BlockSpaces, a B2B integration platform that connects business applications to blockchain networks, today announce their banking relationship...
prnewswire.com
Cryptyde, Inc. and Argo Energy Announce Energy Program Development Agreement
SAFETY HARBOR, Florida, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Cryptyde, Inc., or the Company, (NASDAQ: TYDE) a company offering comprehensive, scalable Web3 services utilizing blockchain technologies, announced today the recent
kulr8.com
Miami News
web3 Project: City of Miami x TIME, Mastercard & Salesforce
Mayor Francis X. Suarez announced a partnership with TIME, Mastercard and Salesforce to launch an innovative NFT initiative for the City of Miami designed to drive revenue to local businesses and non-profits through exclusive rewards offerings.
miamigov.com
Web3/blockchain company to move global headquarters to Miami
Jacksonville News
Worldpay from FIS Becomes First Global Merchant Acquirer to Offer Direct USDC Settlement, Driving Digital Currency Adoption to Businesses
JACKSONVILLE, Fla., April 06, 2022--Financial technology leader FIS® (NYSE: FIS) announces that its Worldpay from FIS business will be the first global merchant acquirer to offer merchants the ability to receive settlement directly in USD Coin (USDC), a fully reserved dollar digital currency.
finance.yahoo.com
LimeWire relaunches as NFT marketplace; Jacksonville-native singer-songwriter Samuel Herb among emerging artists
LimeWire relaunched on Thursday as an open music and entertainment NFT marketplace for creators and collectors.
news4jax.com
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