Solidity Finance has announced a major change to the company that will take place in the upcoming months. Starting on August 28th the company will be operating under a new name, “SourceHat”, aiming to expand its operations to serve the larger Web3 space. Solidity Finance is an industry-leading provider of auditing services for smart contracts written in the Solidity programming language and the firm has worked tirelessly over the past several years to build its reputation to become what it…
Crypto Prohibited
Myanmar’s Apex Bank Says Digital Currencies are Prohibited
As participants in the cryptocurrency space are clamoring for wider adoption of cryptocurrencies and blockchain technology, as well as regulations to govern the space, some governments have taken steps in that direction, some are considering it while others still seem uninterested. According to the Central Bank of Myanmar (CBM), cryptocurrencies are not recognized as an official currency and imprisonment or fine is waiting for anyone caught trading digital assets. The new development was revealed by the Myanmar Times on May 20, noting…
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