Thailand to launch $12.4 billion digital cash scheme to boost local economy

Thailand is set to roll out what was initially a controversial $13.8 billion digital cash handout program to stimulate its sluggish economy. Prime Minister Srettha Thavisin announced that eligible businesses and individuals could register for the program, dubbed the “Digital Wallet,” starting August 1, per AP News. Originally announced in April, the plan aims to The post Thailand to launch $12.4 billion digital cash scheme to boost local economy appeared first on CryptoSlate.

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6% of Bitcoin nodes running outdated software vulnerable to exploits

Bitcoin Core developers have historically disclosed just 10 vulnerabilities affecting older software versions, as reported by Bitcoin Optech. The vulnerabilities, fixed in more recent releases, could have allowed various attacks on nodes running outdated Bitcoin Core versions. The vulnerabilities are relevant given that Bitcoin Core developers recently introduced a new security disclosure policy to improve The post 6% of Bitcoin nodes running outdated software vulnerable to exploits appeared first on CryptoSlate.

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Increasing tradFi partnerships open door to retail access for tokenized securities

Deutsche Bank-backed Taurus recently received approval from FINMA to offer tokenized securities to retail investors through the TDX marketplace. Lamine Brahimi, Co-Founder and Managing Partner at Swiss-based Taurus discussed the regulatory challenges faced and the navigation process with CryptoSlate. Since April 2018, Taurus has concentrated on developing institutional-grade technology and processes. Demonstrating compliance, anti-money laundering The post Increasing tradFi partnerships open door to retail access for tokenized securities appeared first on CryptoSlate.

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Pyth Network introduces Express Relay, aiming to reduce MEV in DeFi

Pyth Network has launched Express Relay on mainnet, introducing a decentralized solution to the issue of Miner Extractable Value (MEV) in DeFi transactions. The Pyth Network provides real-time market data for blockchain applications, focusing on securely and inexpensively bringing latency-sensitive financial data on-chain. This new product connects DeFi protocols directly with a network of established The post Pyth Network introduces Express Relay, aiming to reduce MEV in DeFi appeared first on CryptoSlate.

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Compound Finance confirms website hack redirecting users to phishing site

DeFi platform Compound Finance has suffered a significant security breach that has affected its official website. The protocol’s domain has been hijacked and is currently hosting a phishing site, posing a severe user risk. Per Compound Labs’ official X account, the company issued an urgent warning at 10:15 A.M. on July 11, stating, “The Compound The post Compound Finance confirms website hack redirecting users to phishing site appeared first on CryptoSlate.

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