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The department said it would provide more details in a supplemental report in 30 days, as required under the Federal Information Security Modernization Act.
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The Fifth Circuit said Tornado Cash’s smart contracts are unable to be changed or removed and can be used by anyone — including sanctioned North Korean hackers — while the creators “would be powerless to stop them,” adding:
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On Dec. 12, Florida-based Byte Federal submitted a filing with Maine’s attorney general, reporting a security breach resulting in unauthorized access to its clients’ personal data.
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Opponents, however, warn against the inherent centralization that might develop due to the relatively high costs of deploying, building and operating extraplanetary mining facilities.
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The idea of mining cryptocurrency in space has been discussed at length for years within the cryptocurrency community. Proponents often point out that mining operations in space could take advantage of unlimited solar energy and would leave no carbon footprint on Earth.
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According to Todd, it’s not only possible to mine cryptocurrency in space using current technology but also potentially economically feasible if the cost of sending cargo into space can be reduced.
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Canadian computer scientist Peter Todd, a Bitcoin Core developer, recently penned a blog post describing the feasibility of building Bitcoin mining facilities in the vacuum of space.
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Cozying up to the crypto community’s entrepreneurs, upper management and independently wealthy could serve as a bullish indicator for cross-industry collaboration going forward.
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While it doesn’t quite offer the yachts and Lamborghinis lifestyle espoused by some of the crypto world’s popular influencers, Virgin’s Annual Pass comes with double-occupancy access to a “Sea Terrace cabin” with a private balcony and extras such as laundry service, internet access and a $100 bar tab per voyage.
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Numerous organizations in the travel industry have explored cryptocurrency and blockchain transactions for products and services, but Virgin Group’s implementation through its cruise line venture has the potential to grab the attention of crypto whales — those with enough digital asset holdings to afford a single-push expenditure in the six-figure range.
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The implementation of the world’s most popular cryptocurrency by transaction volume, Bitcoin, into the Virgin ecosystem could serve as a flare for the travel industry.
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Annual Pass offers unlimited cruises over the course of a year on a limited, first-come-first-served basis. The company said the offering was conceived after the success of its “Season Pass” program, which was aimed primarily at remote workers.
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Virgin Voyages announced the launch of its new “Annual Pass” program starting in 2025, alongside news that it would become the “first cruise product to accept cryptocurrency.”
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Collectively, tokenized RWAs represent a $30-trillion market opportunity globally, Colin Butler, Polygon’s global head of institutional capital, told Cointelegraph in an interview.
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Ondo is the most popular tokenized US Treasury protocol. With TVL of $650 million, Ondo leads rivals, including Securitize, Hashnote, and Franklin Templeton, according to RWA.xyz.
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The total market capitalization for tokenized Treasury products has increased by more than three times in 2024, according to data from RWA.xyz. They collectively command a market cap of some $2.5 billion as of Nov. 26.
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This “allows tokens to be transferred across multiple blockchains without asset wrapping, middlechains, or liquidity pools,” the company said.
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LayerZero’s OST standard “works by burning tokens on the source chain whenever an omnichain transfer is initiated… creating a unified supply across both networks,” according to LayerZero’s website.
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