#cryptocurrency
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NEM Network and XEM Cryptocurrency Reviewed
The NEM blockchain platform, powered by the XEM coin, has two networks – one for retail investors and one for the corporate sector. The main network uses a unique Proof-of-Importance (PoI) consensus protocol, where supernode deployment and transaction validation are rewarded. White House Reports: Crypto Theft Fund North Korea Missiles
A White House official has disclosed that nearly half of North Korea's missile program funding is obtained through cyberattacks and cryptocurrency theft. Anne Neuberger, Deputy National Security Adviser for Cyber and Emerging Technology, stated that the U.S. government is working diligently to comprehend how North Korea continues to be highly inventive in the cyber domain. Tracking Sanctions Evaders: IRS and Ukraine Join Forces
The Internal Revenue Service (IRS) is intensifying its efforts to track down individuals potentially using cryptocurrency to evade sanctions, particularly in the wake of Russia's invasion of Ukraine. The IRS's criminal investigation division is partnering with blockchain analytics firm Chainalysis and Ukrainian investigators in this effort. 
EU Members Nearing Agreement on Crypto Tax Data Sharing
European Union (EU) member states are close to a unanimous agreement on new rules for sharing data on cryptocurrency and non-fungible token (NFT) holdings among tax authorities. Formal approval is expected next week, though some governments are still awaiting procedural approval from national parliaments. Coinbase Eyes UAE as Strategic Hub for Crypto Expansion
The United Arab Emirates (UAE) has rapidly established itself as a global center for web3 innovation, with the nation boasting a thriving startup ecosystem, robust blockchain infrastructure, and a cryptocurrency adoption rate exceeding 11% of the population. CryptoGPT: I Am the Data Revolution
ChatGPT's astounding triumph has inspired the creation of numerous AI projects, including chatbots and neural networks. The cryptocurrency market is also experiencing a period of excitement. Although no one has matched ChatGPT's performance, several initiatives have gained significant traction. 
CFTC Aims to Tackle Anonymity on the Crypto Market
During her presentation in London, CFTC Chairperson Christy Goldsmith Romero called for broader oversight of anonymity in the cryptocurrency market, bolstering security measures for DeFi applications, and safeguarding client assets on centralized exchanges. 
Turkey's Election Outcome Could Affect Crypto Industry's Future
Today's presidential elections in Turkey, where President Recep Erdogan faces strong rival Kilicdaroglu, could significantly impact the country's financial landscape and cryptocurrency industry. The outcome of the elections could play a crucial role in determining the future financial landscape of the country, particularly in relation to the cryptocurrency industry. 
Coinbase Faces Backlash from Pepe the Frog Fans
Leading cryptocurrency exchange, Coinbase, has found itself at the center of a controversy with the meme community after referring to the beloved Pepe the Frog as a "hate symbol" associated with the alt-right movement in a recent email communication. This characterization has left Pepe fans unhappy and demanding action. 
Shitcoin Speedrun: Token Made in Under 23 Seconds
A recent viral video reveals the astonishing simplicity of developing a new cryptocurrency, as digital artist Johnny Shankman completes a "speedrun" to deploy a token called "EASY_MONEY" in a mere 27 seconds. This record was soon broken by another user who crafted the "lol" token in just 22.45 seconds, highlighting the straightforward process of bringing a new token to life. US Probes Binance for Alleged Russian Sanctions Evasion
The Justice Department is investigating whether Binance Holdings Ltd., the world's largest cryptocurrency exchange, was used illegally by Russians to evade US sanctions related to Russia's invasion of Ukraine, according to sources familiar with the matter. 
