Daily Archives: 30/06/2021

MAS and IMF launched a competition to solve the problems of state cryptocurrencies

The Monetary Authority of Singapore (MAS) and the International Monetary Fund (IMF) have launched a competition to tackle twelve problems related to government cryptocurrencies. The regulator of Singapore has teamed up with the International Monetary Fund, the World Bank and other organizations to launch a competition in which participants must offer solutions to twelve problems related to government cryptocurrencies. “Could a government-owned retail cryptocurrency system be embedded into existing infrastructure with additional functionality beyond basic…

Ethereum Classic Prepares For Magneto Hard Fork With Four EIPs

Ethereum Classic Technology Coordinator Stevan Lohja has announced the upcoming Magneto hardfork, which includes four proposals for Ethereum 1.x (EIP). These EIPs first appeared in the Berlin update for the live Ethereum network, which was activated in April. These offers are aimed at increasing the level of security and reducing commission costs by storing addresses and keys in the same place. Magneto is slated to launch in July, following the beta testing of the Ethereum…