MLIKI — Weekly Digest is a news portal that provides a wide range of fundamental and advanced knowledge to everyone. Topics may include the MLIKI development process, MLIKI achievement, advancement of blockchain and cryptocurrency, and the latest news about blockchain, NFT, DeFi, DAO and the cryptocurrency space.
MLIKI — Weekly Digest 02
MLIKI — Development Process
We are pleased to announce that the audit process for MLIKI NFT Marketplace has entered its final stage. The smart contract audit was performed by Certik — A prominent blockchain security service provider to thoroughly assess and examine the security of smart contracts and blockchain solutions.
The audit covered thousands of lines of code. The CertiK audit team was assigned to the MLIKI dev team to utilise a migrator function and timelock function, these two functions are the most important to increase security across the MLIKI NFT Marketplace. The full audit report will be shared later.
NFT Marketplace OpenSea Confirms Ban on Cuban Artists
Citing U.S. sanctions on Cuba, OpenSea, the world’s largest marketplace for non-fungible tokens (NFT) bans digital artists from all countries sanctioned by the United States.
The U.S. has comprehensive economic sanctions for North Korea, Syria, Russia, Cuba, and Iran, and has actively enforced the policy. And according to OpenSea, they have a zero-tolerance policy for the use of their services by sanctioned individuals or entities and people located in sanctioned countries.
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Coinbase Secures Regulatory Approval From Ireland Regulatory
Coinbase has been active in Ireland since 2018, engaged in various activities, including Market Operations, Compliance, Cybersecurity, Legal and Customer Experience.
21st Dec 2022, Coinbase announced that they have successfully registered with the Central Bank of Ireland as a Virtual Asset Service Provider.
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Bitcoin Hashrate Drops 35% as Texas Miners Power Off
Since China banned Bitcoin mining in 2021, the US has taken an increasingly important role in Bitcoin mining. Several miners are based in Texas because of its cheap power and favourable regulations -these mining firms tend to shut down when grid demands increase massively.
On December 24, the Bitcoin hash rate fell to 156 EH/s. In the 14 days before that, the average hash rate was 237 EH/s.
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The Marshall Islands Announces Ambition to Become a Global Leader in for-Profit DAOs
As a result of the new Decentralized Autonomous Organizations Act of 2022, legal entities registered in the country will be allowed to formally adopt DAO structures. The country’s government is hoping it will encourage a wave of adoption from inside the islands and beyond. Thirty DAOs have registered since the initial law was passed.
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