Blockchain
Sui Blasts into DeFi Top 10 as TVL Surges Above $430M – Blockchain News, Opinion, TV and Jobs
GRAND CAYMAN, Cayman Islands, January 30th, 2024, Chainwire In the past four months, Sui TVL has jumped by more than 1000%, vaulting the network past Base, Cardano, and Bitcoin in its meteoric DeFi rise Sui, a leading Layer 1 blockchain that was created by the team...
XSOLLA Founder Shurick Agapitov Releases New Book Once Upon Tomorrow, A Visionary Take on The Metaverse and Its Impact on Global Creativity
Sherman Oaks, United States, January 30th, 2024, Chainwire Shurick Agapitov, a visionary author and the Founder of Xsolla unveiled his groundbreaking new book, “Once Upon Tomorrow,” today. This pioneering work offers a transformative and aspirational vision of the...
The Role of Validators in the Solana Network
Solana has become an important addition to the blockchain and web3 ecosystem. It is one of the emerging solutions to issues in scalability and interoperability between blockchain networks. Solana is one of the successful examples of creating a truly scalable and...
Banxa Integration Brings Seamless, Low-Cost Fiat On-Ramps to Sui, Off-Ramps Coming Soon – Blockchain News, Opinion, TV and Jobs
GRAND CAYMAN, Cayman Islands, January 29th, 2024, Chainwire Users will benefit from 0% gateway fees for accessing SUI tokens on Banxa for a limited time.* (*Fee waiver is not available for UK customers) Banxa, the leading payments infrastructure provider for the...
7 must-have Blockchain Engineer Skills
In technology-driven times, new kinds of digital technologies are emerging. One of the most promising technologies that has captured the attention of one and all is blockchain technology. Within a short span of time, blockchain technology has successfully become a...
AI's False Promises: CFTC Warns of Soaring Crypto Scams
The U.S. Commodity Futures Trading Commission (CFTC) alerts the public about the surge in AI-driven crypto scams, emphasizing the technology's inability to predict market trends and the dangers of misleading claims about high returns. (Read More)
An enhanced marketplace for Decentralized Cloud Computing – Blockchain News, Opinion, TV and Jobs
Paris, France, January 26th, 2024, Chainwire Twentysix Cloud is an all-in-one, decentralized cloud marketplace, powered by aleph.im’s Decentralized Physical Infrastructure Network (DePIN). This launch marks a significant step in bridging decentralized cloud solutions...
Vitalik Buterin Advocates for Privacy in Modern Cars and Crypto Governance
Ethereum co-founder Vitalik Buterin has recently sparked discussions on two fronts: the privacy concerns in modern cars and the need for transparency and public legitimacy in the crypto industry. His commentary touches upon a range of topics, from the inherent privacy...
US Media Giants Block AI Crawlers to Protect Copyrights
Highlighting the tension between media companies and artificial intelligence (AI) technology, a recent Wired report has revealed that 88% of leading news outlets in the United States are actively blocking AI web crawlers. This move, driven by concerns over copyright...
Pokemon Company Investigates Palworld for Alleged Plagiarism Amidst Success
The Pokémon Company has launched an investigation into Palworld, a survival game by Pocket Pair, Inc., following allegations of plagiarism. This move comes as a surprise to many, given the game's extraordinary commercial success, having sold eight million copies,...
FSB 2024 Agenda: Strengthening Crypto Regulation and Embracing AI”
The Financial Stability Board (FSB) has published its 2024 Work Programme, underlining a robust approach towards the regulation of crypto-assets and a keen focus on the financial implications of digital innovations like tokenization and artificial intelligence (AI)....
Axiom Secures $20 Million in Series A Funding for Blockchain Data Access Innovation
Axiom, a smart contract platform, has successfully secured $20 million in a Series A funding round, according to official blog. The funding round was led by prominent crypto-focused venture firms Paradigm and Standard Crypto, with additional investments from Robot...
B Squared Network Announces Seed Investments by HashKey Capital, OKX Ventures, IDG Capital
B² (B Square) Network, a player in Bitcoin Layer 2 solutions, secures substantial seed-round investments from an array of influential venture capital firms. This strategic financial infusion marks a pivotal moment for B² Network as it aims to enhance Bitcoin's...
Craig Wright’s Settlement Offer in Bitcoin Litigation Sparks Debate Over Decentralization
Dr. Craig Wright, who claims to be Satoshi Nakamoto, the creator of Bitcoin, has made a significant move by offering a settlement to the Crypto Open Patent Alliance (COPA) and other key parties in the ongoing legal confrontations over Bitcoin. This move comes amidst...
Lif3 Accelerates DeFi Adoption and Innovation with BitFinex Listing – Blockchain News, Opinion, TV and Jobs
Roadtown, British Virgin Islands, January 25th, 2024, Chainwire Followed by LIF3’s Token Migration to Ethereum Network for Enhanced Market Accessibility Today, $LIF3 (pronounced Life), a ground-breaking and complete omni-chain DeFi Layer-1 Curated Blockchain...
SEC’s Delay on BlackRock Ethereum ETF Decision Signals Cautious Stance
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on BlackRock's proposed spot Ethereum (ETH) exchange-traded fund (ETF), a move that echoes the regulator's cautious approach toward cryptocurrency-based investment products. This decision,...
10 Decentralized Applications Integrate Sui’s Groundbreaking “zkLogin” Google Authentication – Blockchain News, Opinion, TV and Jobs
Grand Cayman, Cayman islands, January 25th, 2024, Chainwire Gaming, Ecommerce and DeFi applications are leveraging Sui’s singular social authentication to eliminate the biggest hurdle blocking mainstream audiences from web3. Sui, the rapidly ascending Layer-1...
SK Hynix Reports Q4 Profit and Plans for AI GPU Chips
South Korea's SK Hynix Inc., the world's second-largest memory chipmaker, announced a return to profitability in the fourth quarter of 2023. The company recorded an operating profit of 346 billion won ($259.8 million), significantly outperforming market expectations...
Nexo Seeks $3 Billion in Damages from Bulgaria Over Investigation
Nexo, a cryptocurrency lending platform, has taken a significant legal step against the Republic of Bulgaria, seeking $3 billion in damages. This arbitration claim, filed through the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) in...
Solana Tutorial: An Introduction to Anchor
The popularity of Solana has been increasing by exponential margins in recent times. It is a trusted alternative to Ethereum for solving problems with scalability and interoperability. Solana includes multiple components, and developers could capitalize on benefits of...
Know Everything About Dogecoin – 101 Blockchains
Cryptocurrencies have emerged as the most prominent technological innovations for transforming the financial sector. The virtual currencies are based on blockchain technology and offer a decentralized approach to conducting financial transactions; you must have heard...
Doppel Secures $14M in Series A Funding Led by Andreessen Horowitz
San Francisco-based AI digital risk protection company Doppel has recently announced a successful closure of a $14 million Series A funding round. This funding, led by the prominent venture capital firm Andreessen Horowitz (a16z), brings Doppel's total fundraising to...
Decline in Crypto Crime: Insights into 2024 Trends and Challenges
The crypto landscape in 2024 continues to evolve rapidly, with significant changes in the nature and volume of crypto-related crimes. A comprehensive analysis of recent reports and data provides insights into current trends, underlying challenges, and future...
Hut 8 Mining Corp Refutes JCapital Research’s Allegations
Hut 8 Mining Corp, a prominent Bitcoin mining company, has issued a stern rebuttal to a short report from JCapital Research, released on January 18, 2024. The report, which caused a significant 23% drop in Hut 8’s shares, suggested a forthcoming "pump and dump"...
SAP Announces 2 Billion Euro Restructuring Plan Affecting 8,000 Jobs
SAP SE, a global leader in enterprise application software, has announced a sweeping restructuring plan for 2024, with a budget of approximately €2 billion. This strategic move will impact around 8,000 roles within the company, as SAP pivots to concentrate more on...
Announcement – The Certified Web3 Blockchain Developer Certification Launched
Web3 has brought a new wave of change into the technological world. Businesses want to use NFTs in their marketing strategies and DeFi apps are used in the decentralization of payment systems. As the revolutionary wave of web3 gains momentum, the demand for web3...
OKX Ventures Invests in Orbiter Finance’s Decentralized Layer 2 Protocol
OKX Ventures, the investment arm of the prominent crypto exchange and Web3 technology company OKX, has recently announced a strategic investment in Orbiter Finance, a decentralized cross-Layer 2 (L2) protocol. This marks a significant step in the evolution of...
ACE Exchange President Michael Wang Arrested
Michael Wang, President of ACE Exchange, has been arrested on allegations of fraud and money laundering. The arrest, which occurred earlier this month, has sent shockwaves through the industry, especially considering Wang's notable status as a leader within a major...
California Court Fines Crowd Machine and Metavine in ICO Case
A California court has recently ruled against Crowd Machine and Metavine, ordering them to pay over $20 million in disgorgement, interest, and penalties. This landmark decision follows the 2018 initial coin offering (ICO) of Crowd Machine Compute Tokens (CMCT), which...
New Non-Custodial Telegram Trading Bot Bitbot Raises $300k In First 72 Hours Of Presale – Blockchain News, Opinion, TV and Jobs
Within 72 hours of its presale launch on the 17th of January, Bitbot raised an incredible $300,000. Bitbot aims to lead the market for Telegram trading bots, a rapidly growing segment of the trading app market that has seen a considerable $7 billion in lifetime...
Mysten Labs Partners with Alibaba Cloud to Bolster Sui Blockchain Ecosystem
Mysten Labs, a key developer behind the Sui blockchain, has announced an expanded partnership with Alibaba Cloud. This collaboration aims to bolster the Sui blockchain ecosystem through a series of innovative services, notably leveraging artificial intelligence (AI)...
Global Supply Chain Financing: A New Era of Resilience and Diversification
The latest report from Citi, titled "Supply Chain Financing – Building Resilience as the New Definition of 'Global' Emerges," offers a comprehensive insight into the evolving landscape of global trade and supply chains. Published on January 22, 2024, this report marks...
EDX Markets is Expanding in Singapore
Cryptocurrency trading platform EDX Markets, backed by heavyweights like Citadel Securities and Fidelity Digital Assets, is broadening its horizon with a strategic expansion into Singapore. This move marks a significant step in EDX Markets' growth trajectory,...
The Importance of Fairness In AI
Artificial intelligence has become one of the integral components in the domain of technology. It has become an important part of our daily lives. Furthermore, AI also has a transformative impact on different industries, such as healthcare and finance. At the same...
Misuse of Facial Recognition: The $10M Macy’s and Sunglass Hut Legal Battle
The recent lawsuit filed by Harvey Eugene Murphy Jr. against Macy's and Sunglass Hut underscores the escalating concerns over the misuse of facial recognition technology in the retail sector. The case, which involves a $10 million claim, highlights the significant...
Dinari Secures $10M Seed Funding, Expands Crypto Asset Offerings
Dinari, a blockchain-based securities investment platform, recently announced a significant milestone in its journey, securing $10 million in seed funding during the fourth quarter of 2023. This substantial investment round saw participation from notable entities such...
Unraveling ChatGPT Jailbreaks: A Deep Dive into Tactics and Their Far-Reaching Impacts
In a digital era dominated by the rapid evolution of artificial intelligence led by ChatGPT, the recent surge in ChatGPT jailbreak attempts has sparked a crucial discourse on the robustness of AI systems and the unforeseen implications these breaches pose to...
What is the Solana Program Library?
The introduction of new blockchain networks has created a lot of hype around their functionalities and value advantages. It is obvious that every new blockchain brings some innovative features or follows the same model used in other blockchain networks. Solana is one...
AI Image Editing: The Rise of Unified Concept Editing in Diffusion Models
The field of AI and machine learning has witnessed a significant advancement in image editing and generation techniques. Among these, diffusion models have emerged as a powerful tool, offering unparalleled capabilities in generating high-quality images. A notable...
Meta’s Digital Assets Expansion: A Scrutiny by Maxine Waters
Congresswoman Maxine Waters, the Ranking Member of the United States House Financial Services Committee, questions Meta Platforms, Inc. (formerly Facebook) regarding its trademark applications indicative of a potential expansion in the digital assets ecosystem....
BIS Advances Technology in Finance: Quantum, AI, and Green Initiatives for 2024
The Bank for International Settlements (BIS) has announced a suite of six pioneering projects for 2024, signaling a significant leap in the integration of emerging financial technologies such as quantum security, artificial intelligence, and green finance. This move...
Bitcoin and Crypto Market In 2024 – An Expert Guide
The cryptocurrency landscape has become the center of attraction in the world for offering a new approach to financial transactions. As 2024 has arrived and problems due to the crypto winter dominated 2023, it is important to think of the predictions for the crypto...
Joint Sanctions by U.S., UK, Australia Target Hamas’s Crypto Financing Networks
To combat terrorism financing, the U.S., UK, and Australia have imposed a fifth round of sanctions on Hamas, specifically targeting its virtual currency transfer networks. This action, announced on January 22, 2024, marks a concerted effort by these nations to disrupt...
OKX Faces Allegations of Restrictive Practices in ICE Coin Listing
OKX, a leading Web3 technology company and crypto exchange, recently made headlines with the integration of its wallet with Osmosis, a decentralized exchange on the Cosmos blockchain, enhancing its Dollar-Cost Averaging Bot and surpassing $10 billion in its Liquid...
BNB Smart Chain’s Remarkable 85% Security Triumph in 2023
The BNB Smart Chain (BSC) marked a considerable 85% decrease in financial losses due to security incidents in 2023, compared to $1.1 billion in the previous year. The total losses reported were over $161 million, indicating a major improvement in blockchain security....
Nocturne Crypto Shuts Down Version 1 for New Venture
Nocturne, a crypto project backed by prominent figures like Vitalik Buterin, recently announced the shutdown of its first version, Nocturne v1. The project initially focused on enhancing account abstraction (AA) and crypto accessibility, emphasizing privacy at the...
BTC Volatility Shrinks Amid Continued Investment Inflow into BTC Spot ETFs – Blockchain News, Opinion, TV and Jobs
By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ) Bitcoin (BTC) wrapped up the week at around $41,600, marking a slight 0.4% from the prior week’s closing value of approximately...
Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards
Magic Eden, a leading name in the cross-chain NFT marketplace, has recently unveiled a suite of innovative solutions designed to foster a more inclusive and expansive digital ownership experience. On January 22, 2024, the company announced the global launch of its...
ChatQA: A Leap in Conversational QA Performance
The recently published paper, "ChatQA: Building GPT-4 Level Conversational QA Models," presents a comprehensive exploration into the development of a new family of conversational question-answering (QA) models known as ChatQA. Authored by Zihan Liu, Wei Ping, Rajarshi...
Arthur Hayes Talks about BTC and SPX Post U.S. BTC ETF Launch
Arthur Hayes, the co-founder of BitMEX, recently sparked a discussion with his tweet dated January 22, 2024, questioning why Bitcoin (BTC) and the S&P 500 Index (SPX) have stopped moving in tandem since the U.S. BTC ETF launch. His inquiry points to a deeper...
Advancements in Autonomous Driving: Analyzing the Progress of Waymo, Tesla, and Industry Trends
The autonomous vehicle industry, marked by significant technological advancements and challenges, is shaping the future of transportation. A detailed analysis from karpathy.github.io, authored by Andrej Karpathy, a notable AI expert, OpenAI co-founder and former Tesla...
BlackRock Has No Plans for XRP ETF
BlackRock Inc., the world’s largest asset manager, has recently announced its decision to shelve plans for launching a spot XRP exchange-traded fund (ETF). This decision comes amid ongoing regulatory uncertainties and concerns over XRP's legal status, marking a...
The Role of Accreditation in Blockchain Certification Programs
Accreditation is an important requirement for testing the effectiveness of every educational institution, program, or certification. You must have come across the term ‘accreditation’ in higher education. The curiosity regarding accreditation role in blockchain...
Trezor Strengthens Security Measures Amid Phishing Concerns
Trezor, a renowned cryptocurrency hardware wallet manufacturer, recently faced a significant security breach. This breach, detected on January 17, 2024, potentially exposed the contact details of approximately 66,000 users. The unauthorized access occurred in Trezor's...
The Role of Accreditation in Blockchain Certification Programs
Accreditation is an important requirement for testing the effectiveness of every educational institution, program, or certification. You must have come across the term ‘accreditation’ in higher education. The curiosity regarding accreditation role in blockchain...
AI and Competition Policy: Insights from the White House Meeting
The recent White House meeting on competition policy and artificial intelligence, convened by Lael Brainard, Assistant to the President and National Economic Advisor, marked a significant stride in addressing the intertwining of AI with economic and competition...
Hong Kong’s VSFG Set to Pioneer Spot Bitcoin ETF in Q1 2024
Hong Kong's financial sector is witnessing a transformative phase with Venture Smart Financial Holdings Ltd. (VSFG) at the forefront, aiming to launch a spot Bitcoin exchange-traded fund (ETF) in the first quarter of 2024. This move comes as part of Hong Kong's...
Ondo Points Program Launches | Blockchain News
The Ondo Foundation, a major player in the decentralized finance (DeFi) sphere, recently unveiled its innovative Ondo Points program alongside plans for unlocking ONDO tokens. These significant initiatives reflect Ondo's commitment to democratizing finance and...
CoinGecko Report: 2023 Crypto Industry Rebounds with Resilience and Transformation
The year 2023 marked a notable recovery and transformation in the cryptocurrency industry, characterized by resilience and significant developments across various sectors, according to CoinGecko. Total Market Capitalization and Trading Volume The total cryptocurrency...
Multicoin Capital’s Vision for 2024: Embracing AI, Crypto, and Web3 Innovations
Multicoin Capital, a leading crypto venture capital firm, recently outlined its excitement and predictions for 2024, providing a glimpse into the future of the crypto landscape. Stablecoin-Powered Remittances Transforming Emerging Markets Multicoin Capital...
Solana (SOL) Mobile’s “Chapter 2” Phone: A New Era in Web3 Mobile Technology
Solana ($SOL) Mobile, a key player in the burgeoning web3 phone market, has recently announced its second smartphone, the "Chapter 2". This launch marks a significant step in making web3 technology more accessible to a broader audience. Surpassing Saga's Success...
Explosive Growth in TON Developer Community: A Comprehensive Analysis
In recent times, the blockchain sector has observed a significant surge in developer activity, with The Open Network (TON) standing out prominently. The TON Developer Report for Q4 2023 has unveiled notable developments, showcasing the rapid expansion of its developer...
German Crypto Firm USI Tech Founder Charged in $150 Million Fraud Scheme
Horst Jicha, the German founder of USI Tech, a crypto mining and digital-asset trading platform, faces severe legal consequences in the United States. Federal prosecutors in New York charged Jicha with orchestrating a fraudulent scheme that allegedly defrauded...
Peter Kambolin Sentenced for Fraudulent Scheme in Cryptocurrency Futures Trading
Peter Kambolin, the former CEO of Systematic Alpha Management LLC (SAM), has been sentenced, for his involvement in a fraudulent "cherry-picking" scheme involving cryptocurrency futures contracts. In April 2023, the U.S. Commodity Futures Trading Commission (CFTC)...
Vision Mamba: A New Paradigm in AI Vision with Bidirectional State Space Models
The field of artificial intelligence (AI) and machine learning continues to evolve, with Vision Mamba (Vim) emerging as a groundbreaking project in the realm of AI vision. Recently, the academic paper "Vision Mamba- Efficient Visual Representation Learning with...
Debiex Accused of $2.3M Romance Scam by CFTC
The Commodity Futures Trading Commission (CFTC) has filed charges against the cryptocurrency exchange Debiex, alleging a romance scam that led to a misappropriation of $2.3 million. The CFTC's complaint, filed in the U.S. District Court for the District of Arizona,...
Dutch Government Invests Heavily in AI to Compete Globally
The Dutch government, in a significant move to bolster its position in the rapidly evolving field of artificial intelligence (AI), has committed a substantial investment of €204.5 million ($222.07 million). This strategic initiative, announced on January 18, 2024, is...
Former IcomTech CEO Marco Ochoa Sentenced for Wire Fraud Involving Crypto Ponzi Scheme
Marco Ochoa, the former CEO of the crypto mining firm IcomTech, has been sentenced to five years in prison for his involvement in a Ponzi scheme using cryptocurrencies. The United States District Court for the Southern District of New York, under Judge Jennifer...
Meta’s Strategic AI Expansion with Nvidia GPUs and New Llama Model
Meta, the social media titan, is embarking on a significant shift towards artificial intelligence (AI), with CEO Mark Zuckerberg announcing substantial investments in Nvidia's advanced computer chips to bolster their AI capabilities. This development is a part of...
South Korea May Reconsider Stance on Bitcoin ETFs
South Korea's Presidential Office has taken a proactive stance regarding the trading of Bitcoin exchange-traded funds (ETFs). This development emerges just a week after the Financial Services Commission (FSC), the nation's principal financial regulator, warned against...
SEC Extends Deliberation on Proposed Rule Change Amidst Heated Debates
The U.S. Securities and Exchange Commission (SEC) has extended its deliberation period for a proposed rule change, sparking intense debate among legislators and industry experts. This development, noted on January 18, 2024, underscores the ongoing tension between...
Canada Tightens Crypto Asset Regulations for Public Investment Funds
The Canadian Securities Administrators (CSA) have proposed changes to guidelines that will impact how public investment funds in Canada handle crypto assets. This move, which aligns with global trends towards more stringent cryptocurrency regulations, reflects the...
Spot Bitcoin ETFs: Transforming Crypto Investment Landscape
The cryptocurrency industry has reached a significant milestone with the recent U.S. Securities and Exchange Commission (SEC) approval of spot Bitcoin Exchange-Traded Funds (ETFs), marking a new era in crypto investment. This development, anticipated for over a...
Philippines Spearheads ASEAN AI Regulatory Framework
At the World Economic Forum in Davos, Martin Romualdez, the Speaker of the Philippines' Congress, announced a significant initiative to present a legal framework for regulating Artificial Intelligence (AI) to the Association of Southeast Asian Nations (ASEAN) when the...
Saros Cryptocurrency (SAROS) will be listed on Bybit
Bybit, a prominent cryptocurrency exchange, recently announced the addition of Saros (SAROS) to its Spot trading platform. This listing, scheduled for January 19, 2024, follows the deposit opening on January 18 and precedes the withdrawal availability set for January...
What is inheritance in Solidity?
Solidity is a popular programming language for creating smart contracts. It is one of the most used programming languages for developing smart contracts on Ethereum and EVM-compatible blockchains. One of the important highlights of Solidity is the fact that it...
Former Bithumb Chairman Lee Jung-Hoon Acquitted in $100M Fraud Case
Lee Jung-Hoon, the former chairman of Bithumb Holdings and Bithumb Korea, has been acquitted of fraud charges for the second time. The Seoul High Court’s 5th Criminal Division recently issued a not-guilty verdict in a case involving allegations of a $100 million...
What is a Bitcoin ETF, and How does it work?
Bitcoin is one of the most popular cryptocurrencies and enjoys the biggest market share in the domain of crypto. However, many people are still doubtful about purchasing Bitcoin. As a matter of fact, most of them believe that buying Bitcoin from crypto exchanges can...
TOFU: How AI Can Forget Your Privacy Data
In the realm of artificial intelligence, the concept of machine learning has been extensively explored and utilized. However, the equally important aspect of machine unlearning has remained largely uncharted. This brings us to TOFU - a Task of Fictitious Unlearning,...
TrueUSD Depegging Linked to Binance Launchpool Activities
On January 18, 2024, TrueUSD (TUSD) blames Binance Launchpool mining activities for the depegging on X. It says, Regular attestations are ongoing as part of our standard operations, and any claims suggesting otherwise are incorrect. We have observed recent...
An Overview of Integer Overflow Attacks
Smart contracts are one of the most prominent highlights in the blockchain landscape. You can notice how smart contracts could leverage well-defined interfaces to interact with each other to conduct financial transactions. However, the trustless environment without...
Quantinuum Secures $300 Million in Landmark Quantum Computing Funding Round
Quantinuum, a prominent player in the quantum computing industry, recently announced the successful closure of a $300 million equity fundraising round, significantly bolstering its financial position and market valuation. This major investment round, which valued the...
Ethereum’s Layer 2 Debate: Buterin Aligns with Daniel Wang on Validium Classification
Ethereum's co-founder, Vitalik Buterin, has sparked a significant discussion in the crypto community regarding the classification and nature of layer 2 scaling solutions, especially focusing on the concept of validiums. This debate arises following Buterin's agreement...
Baidu’s Stock Tumbles Amid Military Testing Rumors of AI Chatbot Ernie
Baidu, a prominent Chinese technology firm, experienced a significant decrease in its stock value following reports of its AI chatbot, Ernie Bot, being tested by a laboratory affiliated with the Chinese military. This situation has raised concerns among investors...
Australia Evaluates Mandatory AI Rules in High-Risk Areas
The Australian Government is actively considering the introduction of mandatory regulations for high-risk AI development. This move follows growing public concerns over the safety and ethical implications of rapidly advancing AI technologies, and publishers' demands...
Announcement – NFT Development Course Launched
Non-fungible tokens created a first-of-its-kind revolution in the world of technology. We welcome you to join this new revolution with our new NFT developer course launched for all our beloved learners. The NFT development course is a technical course that helps you...
Legal Battle Intensifies as Bankman-Fried’s Parents Counter FTX’s Allegations
In a legal battle that could set precedents in the cryptocurrency world, Joseph Bankman and Barbara Fried, the parents of FTX founder Sam Bankman-Fried, have asked a U.S. bankruptcy judge to dismiss the lawsuit filed against them by the bankrupt crypto exchange FTX....
Ripple CEO Garlinghouse Foresees Ether ETF Approval, Critiques SEC’s Approach
Brad Garlinghouse, the CEO of Ripple, recently voiced his expectations regarding the future of cryptocurrency exchange-traded funds (ETFs), particularly focusing on Ether (ETH) and the U.S. Securities and Exchange Commission's (SEC) regulatory approach. Speaking at...
Sam Altman Advocates for Energy Breakthroughs in AI at Davos Forum
At the recent World Economic Forum held in Davos, Switzerland, a significant focus was placed on the future of artificial intelligence (AI), especially concerning its energy consumption. OpenAI CEO Sam Altman highlighted the pressing need for an energy breakthrough to...
ProShares to Expand Cryptocurrency Offerings with Five Innovative Bitcoin ETFs
ProShares, a leading provider of exchange-traded funds (ETFs) in the United States, has announced plans to launch a suite of five new Bitcoin ETFs. These ETFs, which include Plus Bitcoin ETF, Ultra Bitcoin ETF, UltraShort Bitcoin ETF, Short Bitcoin ETF, and ShortPlus...
Chinese Premier Li Qiang Advocates Ethical AI Boundaries at Davos
At the recent World Economic Forum in Davos, Chinese Premier Li Qiang highlighted the urgent need for establishing ethical boundaries in the rapidly evolving field of artificial intelligence (AI). His remarks underscore the international concerns regarding the...
EBA Issues Updated Guidelines for Crypto Asset Service Providers
The European Banking Authority (EBA) has made significant strides in the regulation of crypto asset service providers (CASPs), issuing updated guidelines aimed at mitigating risks associated with money laundering and terrorist financing. This move, announced on...
Deceptive AI: The Hidden Dangers of LLM Backdoors
Humans are known for their ability to deceive strategically, and it seems this trait can be instilled in AI as well. Researchers have demonstrated that AI systems can be trained to behave deceptively, performing normally in most scenarios but switching to harmful...
IRS Delays Crypto Reporting Requirements for US Businesses
The United States Internal Revenue Service (IRS) has recently announced a significant change concerning the reporting of cryptocurrency transactions by US businesses. Initially, as part of the Infrastructure Investment and Jobs Act passed in November 2021, businesses...
Circle’s 2024 USDC Economy Report Reveals Significant Growth in Stablecoin Adoption
Circle, a leading financial technology firm, recently released its 2024 State of the USDC Economy Report, marking a significant milestone in the evolution of digital currencies. The report, titled 'Welcome to the Era of Open Money,' provides a comprehensive overview...
Core Scientific’s Bankruptcy Exit: Financial Revival and Operational Expansion
Core Scientific, a significant Bitcoin miner, has provided a comprehensive description of its bankruptcy plan, which has been approved by the court and will enable the firm to emerge from Chapter 11 bankruptcy. The proposal for the reorganization, which is scheduled...
OpenAI-Backed 1X’s $100M Funding Paves Way for Home Robot Revolution
1X, a Norway-based AI startup focusing on home robotics, has announced a substantial $100M Series B funding. This follows a noteworthy $23.5M Series A funding extension led by OpenAI in early 2023, showcasing the company's rapid growth and the increasing interest in...
Enhancing AI Recommendations: A Study on ChatGPT’s Conversational Refinement and Bias Mitigation
Mastering prompt design in interactions with Chatbot AIs, including ChatGPT and Character AI, is crucial for achieving precise and relevant results. Recently, a paper titled "ChatGPT for Conversational Recommendation: Refining Recommendations by Reprompting with...
Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration
Tether, the issuer of the USDT stablecoin, has publicly disputed a recent United Nations report that highlighted the token’s alleged involvement in illicit activities, particularly in East and Southeast Asia. It states, We are disappointed in the UN’s assessment...
How to Use a Signer in Ethers.js?
Web3 solutions have emerged as the next generation of software applications with a new approach to data storage and exchange. The promising value advantages of web3 include transparency, decentralization, and ubiquitous connectivity. For example, non-fungible tokens...
British Standards Institution Pioneers International AI Safety Guidelines for Sustainable Future
The British Standards Institution (BSI) has marked a significant milestone in the field of artificial intelligence (AI) by releasing the world's first international guideline on AI safety, designated as BS ISO/IEC 42001. This publication aims to establish a...
AI and Human Enhancement: Balancing Benefits with Ethical Concerns
The integration of artificial intelligence (AI) in human enhancement has sparked a complex debate, blending the potential for cognitive extension with ethical considerations. This discussion has been recently highlighted in a paper titled "Artificial Intelligence and...
UNODC: Surge in Cryptocurrency Misuse and Technology-Driven Crime in Southeast Asia
The United Nations Office on Drugs and Crime (UNODC) report, titled "Casinos, Money Laundering, Underground Banking, and Transnational Organized Crime in East and Southeast Asia: A Hidden and Accelerating Threat," issued in January 2024, reveals a complex and...
AI Transforming Cybersecurity Landscape: Key Challenges and Solutions
The cybersecurity landscape is undergoing a transformative shift, primarily driven by the advancements in Artificial Intelligence (AI). The integration of AI into cybersecurity strategies is not just an emerging trend but a necessity, given the sophistication of cyber...
JPMorgan Chase Upgrades Dell Technologies Rating, Eyes AI-Driven Growth
The rating of Dell Technologies Inc. (NYSE:DELL) was recently upgraded by JPMorgan Chase & Co. from "neutral" to "overweight," which represents a substantial movement in the company's evaluation of the prospects of the technology giant. The decision to take this...
AI’s Pioneering Role in 2024: Transformations and Challenges
The New Frontier: Text-to-Video AI 2024 would mark a significant leap in AI capabilities, particularly in the text-to-video domain. Companies like Runway are releasing advanced models, such as Gen-2, that generate high-quality short videos. These advancements are not...
IMF Warns of AI’s Impact on Global Job Market: 40% Positions at Risk
The International Monetary Fund (IMF) has issued a significant warning about the impact of Artificial Intelligence (AI) on the global job market. In a recent report, the IMF projected that nearly 40% of jobs worldwide could be affected by AI, with this figure rising...
Fantom Foundation Lowers Staking Threshold to 50,000 FTM
The Fantom Foundation, overseeing the layer-1 blockchain network Fantom, has implemented a significant reduction in its validator staking requirement. This change, confirmed by the foundation in a January 15 post and following a governance vote concluded in June 2023,...
Tencent PhotoMaker: Advancing AI in Personalized Photo Generation
Tencent ARC Lab's latest innovation, PhotoMaker, represents a significant leap in the realm of personalized photo generation. This tool, powered by advanced AI technology, has garnered attention from various corners of the tech world, including commendations from AI...
Microsoft Copilot: SMEs with Affordable AI Integration
Microsoft has recently made a stride in democratizing AI technology by introducing Copilot AI for small and medium-sized enterprises (SMEs). This move is set to revolutionize the technological landscape for smaller businesses, providing them with access to advanced AI...
Top 10 Smart Contract Auditing Tools
Smart contracts are the most invaluable tools in the domain of blockchain and web3. The blocks of self-executing code run on a blockchain network and have introduced a paradigm shift in the uses of blockchain technology. However, smart contracts are vulnerable to code...
Volatility Increases Following SEC’s Spot Bitcoin ETF Approval – Blockchain News, Opinion, TV and Jobs
Bitcoin (BTC) concluded the previous week at approximately $41,750, marking a 5.0% decrease from the first week of the new year with a closing value of around $43,750. The price exhibited significant volatility, primarily influenced by the approval of BTC Spot ETFs,...
SEC Agrees to Delay Terraform Labs Trial, Awaiting Do Kwon’s Extradition
The United States Securities and Exchange Commission (SEC) has consented to postpone the trial of Terraform Labs and its co-founder, Do Kwon, pending Kwon's extradition. This follows a filing by the SEC on January 15, 2024, in the U.S. District Court for the Southern...
GameStop Phases Out NFT Platform in Response to Regulatory Challenges
GameStop, a renowned gaming retailer, recently announced that it will be closing its nonfungible token (NFT) marketplace on February 2, 2024. This decision reflects a broader trend of GameStop scaling back its involvement in cryptocurrency and related services. ...
Apple’s Data Operations Annotations Team Relocation
Apple Inc. has announced the closure of its San Diego-based Data Operations Annotations team, responsible for the enhancement of Siri's capabilities. This team, comprising 121 employees, is now faced with a crucial decision: relocate to Apple's Austin campus or face...
GPT Apple’s Data Operations Annotations Team Relocation
Apple Inc. has announced the closure of its San Diego-based Data Operations Annotations team, responsible for the enhancement of Siri's capabilities. This team, comprising 121 employees, is now faced with a crucial decision: relocate to Apple's Austin campus or face...
Roger Stone Denies Alleged Murder Plot Against Nadler and Swalwell, Claims AI Manipulation of Tapes
Roger Stone, a longtime Republican strategist and lobbyist, has recently been embroiled in a controversial situation involving an alleged recording where he discusses assassinating Democratic Congressmen Jerry Nadler and Eric Swalwell. The recording, as reported by...
The Ethical Dimensions of ChatGPT in Modern Learning Environments
In the evolving landscape of education, the integration of AI tools like ChatGPT presents both unprecedented opportunities and significant ethical challenges. This analysis draws on insights from various academic sources and recent studies to explore the multi-faceted...
Bitfinex Successfully Prevents $15 Billion XRP Exploit Attempt
On January 14, 2024, the cryptocurrency exchange Bitfinex effectively averted a significant security threat, successfully preventing an exploit attempt that targeted nearly $15 billion worth of XRP. This event underscores the persistent challenges and security risks...
Hedera Council’s Major HBAR Allocation Boosts Ecosystem and Governance
The Hedera Global Governing Council, overseeing the Hedera network, has recently announced a significant move in the cryptocurrency space. It has approved the allocation of 4.86 billion Hedera (HBAR) — the network's native cryptocurrency — valued at approximately $408...
OpenSea: A Glimpse into January 2024’s NFT Landscape
The realm of Non-Fungible Tokens (NFTs) continues to evolve with OpenSea at its forefront. The latest weekly digest from OpenSea for January 2024 provides a fascinating glimpse into the current trends, notable collections, and significant events shaping the NFT space....
Celsius Unloads Over $125M in Ethereum, Stirs Crypto Market Speculation
Celsius Network, a major cryptocurrency lending platform, transferred over $125 million worth of Ethereum (ETH) to various exchanges, a move that has sparked significant curiosity and speculation in the crypto world. According to Arkham Intelligence, Celsius deposited...
PIGEON: Predicting Your Location with Images
Planet-scale image geolocalization, the process of identifying the geographical location of an image, represents a significant challenge in computer vision due to the immense diversity and complexity of global imagery. Traditional methods, primarily focusing on...
OpenSea Set to Launch 2.0 Version to Enhance NFT Experience
OpenSea, a leading NFT marketplace, is actively working on a significant platform upgrade known as OpenSea 2.0, according to Bloomberg. This new version aims to enhance user experience and more effectively differentiate NFT categories to accommodate their evolving use...
AI : Experts Predict Human-Level Intelligence Within Decades
A recent survey conducted by Oxford University, in collaboration with US and German institutions, has provided intriguing insights into the pace of Artificial Intelligence (AI) development, challenging previous predictions. The study suggests a significant possibility...
SEC Cybersecurity Breach: Investigating the Fallout and Future Measures
The U.S. Securities and Exchange Commission (SEC) recently faced a significant cybersecurity challenge when its account on the social media platform X (formerly known as Twitter) was compromised. This incident, occurring on January 9, 2024, has raised serious...
Nvidia’s Soaring Data Center Revenue Signals Strong AI and GPU Market Position
Nvidia, a leading technology company known for its powerful graphics processing units (GPUs), has recently reported remarkable financial results for Q3 fiscal 2024. The company's performance is a strong testament to its growing influence and success in the artificial...
Navigating the Resource Efficiency of Large Language Models: A Comprehensive Survey
The exponential growth of Large Language Models (LLMs) such as OpenAI's ChatGPT marks a significant advance in AI but raises critical concerns about their extensive resource consumption. This issue is particularly acute in resource-constrained environments like...
Grayscale’s Court Victory Influences SEC’s Landmark Approval of Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC), led by Chairman Gary Gensler, has approved several spot Bitcoin Exchange-Traded Funds (ETFs), a move that marks a significant shift in the regulatory landscape of cryptocurrency. This development comes after years of...
Venezuela’s Petro Cryptocurrency to Cease Operations
The Venezuelan government has officially announced the cessation of its national cryptocurrency, the Petro (PTR), effective January 15, 2024. Launched in 2018, the Petro was touted as an oil-backed digital currency aimed at circumventing U.S. sanctions and alleviating...
LUNA Do Kwon’s Trial Postponement Request Amid Extradition Delays
It was recently reported that Do Kwon, the co-founder of Terraform Labs, has made news by demanding that his trial in the United States, which is presently set to take place on January 29th, be postponed until the middle of March. The continuing extradition issues in...
Discover Smodin: The All-in-One AI Writing Tool
Overview of Smodin Smodin is a multifunctional All-in-One online AI writer and rewriter, offering a range of tools designed to facilitate the content creation process. Its services include AI-powered writing assistance, plagiarism prevention, automatic citation...
Quora’s Poe Secures $75M for AI Chatbot Expansion
Quora, the renowned question-and-answer platform, has recently secured a substantial $75 million funding led by Andreessen Horowitz (a16z), marking a significant milestone in its venture into AI-driven platforms. This investment, the first of its kind in nearly seven...
IBM and SAP Partner to Enhance Consumer Industries with AI-Driven Solutions
IBM and SAP, two leading forces in technology and enterprise solutions, have announced a groundbreaking partnership to revolutionize the consumer packaged goods and retail industries. The collaboration focuses on leveraging generative AI to enhance various aspects of...
Soundraw: An AI-Powered Music Creator
Introduction to Soundraw Soundraw is a cutting-edge AI music generator that's transforming how creators produce and integrate music into their projects. Offering an intuitive platform for generating custom-made, royalty-free music, Soundraw caters to a...
AI’s Rising Impact on Job Market: more position replaced especially for stem studentss
The impact of Artificial Intelligence (AI) on the job market is becoming increasingly apparent, particularly in the field of software engineering. A survey conducted by Motherboard and Blind, involving 9,388 engineers, has revealed a stark reality: about 90% of...
Helium Farm’s New Mining Plans Promise Lucrative HNT Returns in 2024
Helium Farm, a prominent player in crypto-mining, recently announced the introduction of three distinct mining plans. These plans are tailored to provide investors with attractive returns based on the current market price of Helium (HNT). Plan Details Mobile Plan...
Envisioning the AI Ecosystem of Tomorrow: Perspectives and Principles
What will the future of artificial intelligence (AI) encompass? How can we gain a comprehensive overview of AI's evolving landscape? The research paper "Designing Ecosystems of Intelligence from First Principles" by Friston et al. (2024) outlines a forward-looking...
Nasdaq Embraces AI to Spearhead Financial Crime Prevention
Nasdaq Inc. has made substantial investments in artificial intelligence (AI) technologies. As Nasdaq, which has historically been renowned as a worldwide stock exchange operator, transforms into a more diverse financial services firm, this endeavour marks a...
Optimism (OP) Earns High Praise from Vitalik Buterin for $100M Public Goods Initiative
Ethereum Co-Founder Vitalik Buterin has applauded the efforts of Optimism for their RetroPGF Round 3 initiative. This round saw an impressive distribution of over $100 million to 501 contributors, marking a pivotal moment for the funding of public goods within the...
BabyAGI: An Overview of the Task-Driven Autonomous Agent
Introduction to BabyAGI BabyAGI, developed by Yohei Nakajima, is a pioneering autonomous AI-powered task management system utilizing advanced technologies to automate diverse tasks, thereby streamlining processes and boosting efficiency across multiple...
WEF Report Warns of AI and Quantum Computing Risks
Significant concerns have been made in the study that was published by the World Economic Forum (WEF) in 2024 on the adverse effects that artificial intelligence technologies and the rising dangers of quantum computing may have. The findings in the paper highlight the...
Hut 8 Secures Enhanced $65M Credit Line with Coinbase
Hut 8, a prominent digital asset mining company in North America, just announced a significant amendment and restatement of its credit facility with Coinbase, marking a pivotal moment in the digital asset financing realm, according to PRNewswire. This new arrangement...
Hong Kong Government Alerts Public to AI-Generated Scams Featuring Deepfake of Chief Executive
The Hong Kong government has issued a stern warning about the dangers of AI-generated scams following the circulation of a deepfake video featuring Chief Executive John Lee Ka-chiu. This fraudulent video portrayed Lee endorsing an investment scheme with supposedly...
Bitcoin-like Wisdom: Edward Snowden’s Call for Algorithms to Replace Institutions
Edward Snowden, the well-known whistleblower, has recently brought to light concerns regarding the impact of artificial intelligence (AI) on surveillance and public trust in institutions. In a world increasingly reliant on technology, Snowden's cautionary words...
SkyBridge Capital Achieves Record Year with Crypto Investments, Scaramucci Foresees Bright Future for Bitcoin
Recently, Anthony Scaramucci, the founder and CEO of SkyBridge Capital as well as a former communications director for the White House, said that the year 2023 was the most profitable year in the history of his hedge fund, according to CNBC. After making a strategic...
Sybil Attack on Blockchain : Impact and Preventive Measures
The widespread adoption of blockchain technology has created multiple security risks that can affect users and the reputation of new projects. Blockchain technology has provided a new approach for conducting financial transactions and information exchange. However,...
AI in Emergency Medicine: Evaluating ChatGPT and Google Bard
The integration of artificial intelligence (AI) into healthcare has been a game changer, particularly in emergency medicine. A recent research paper titled "Performance of Google Bard and ChatGPT in Mass Casualty Incidents Triage" comparing the performances of AI...
Bitcoin’s Road to $1.5 Million: Cathie Wood’s Bold 2030 Prediction
In a recent interview with CNBC, Cathie Wood, the CEO of Ark Invest, projected a significant rise in the value of Bitcoin by 2030. According to her forecast, Bitcoin could reach approximately $600,000 under base scenarios. More optimistically, considering factors such...
NFT Gaming Platforms: Exploring Diversity Beyond Crypto Collectibles
Non-fungible tokens, or NFTs, have created a unique revolution in the digital landscape. The unique assets have changed the conventional perceptions of authenticity and ownership in the domain of blockchain technology. The rise of NFT gaming platforms serves as proof...
Taplio for LinkedIn: Everything You Need to Know
Introduction to Taplio Taplio is an all-in-one AI-powered tool tailored to elevate your personal brand on LinkedIn. It's designed to simplify content creation, post scheduling, lead engagement, and LinkedIn performance analysis. Taplio stands out for its utilization...
The Rise of DDoS Attack in Blockchain Network
Have you come across situations where websites become very slow to respond? On other days, you might have accessed the same websites without any issues. What could have led to the delay in loading the website or accessing its functionalities? The answer would point to...
SEC Faces Criticism from Elizabeth Warren over Bitcoin ETF Approvals
U.S. Senator Elizabeth Warren, representing Massachusetts and a member of the Senate Banking Committee, has publicly condemned the Securities and Exchange Commission (SEC) for its approval of 11 spot bitcoin exchange-traded funds (ETFs). This decision by the SEC has...
US Lawmaker Mike Collins’ $65K Ethereum Investments: Navigating Ethics and Market Dynamics
US Georgia Representative Mike Collins disclosed investments totaling up to $65,000 in Ethereum (ETH) in early 2024. This disclosure, filed on January 9 with the House’s Financial Disclosure Reports Database, includes purchases of $15,000 on January 3 and $50,000 on...
Coinbase’s Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone
The U.S. Securities and Exchange Commission (SEC) recently approved eleven spot Bitcoin exchange-traded funds (ETFs), marking a significant milestone in the integration of cryptocurrencies into mainstream financial markets. Of these, eight are in partnership with...
NEAR Foundation Announces 40% Workforce Reduction in Strategic Realignment
The NEAR Foundation has announced a reduction of its workforce by approximately 40%, impacting 35 team members across various departments, primarily marketing, business development, and community teams. This decision, as revealed in the Foundation's latest update,...
Surge in Generative AI Interest: Insights from Twitter Discussions
As ChatGPT continues to captivate global audiences, generative AI, the technology powering such innovations, has emerged as a major talking point. Twitter, a key platform for contemporary discourse, is abuzz with discussions and information sharing about this...
Google Fires Hundreds of Workers in Voice Assistant and Hardware Teams
Hundreds of people across different divisions have been let off as a result of Google's massive staff reduction. These employees include members of the team responsible for voice-activated Google Assistant as well as members of the Devices and Services Product Area...
How LLM Is Reshaping Agent-Based Modeling and Simulation
The groundbreaking integration of Large Language Models (LLMs) into agent-based modeling and simulation is revolutionizing our understanding of complex systems. This integration, detailed in the comprehensive survey "Large Language Models Empowered Agent-based...
Hedera (HBAR) and Algorand (ALGO) Form DeRec Alliance for Decentralized Recovery
With the launch of the DeRec Alliance, a pioneering partnership between the Hedera (HBAR) and Algorand (ALGO) ecosystems, the blockchain world has taken a step forward in recovering your cryptocurrenies. This collaboration took place between the two ecosystems. The...
Video Generation: ByteDance MagicVideo-V2 Outperforms Pika 1.0, SVD-XT?
In the evolving landscape of AI-driven video generation, ByteDance's MagicVideo-V2 emerges as a significant advancement, showcasing superior performance over competitors like Pika 1.0 and SVD-XT. This leap represents a crucial development for ByteDance, the parent...
OpenAI Negotiates Licensing with Major Media Amid NY Times Copyright Dispute
OpenAI, known for its groundbreaking AI technology including ChatGPT, is currently engaged in strategic negotiations with several major media companies, including CNN, Fox Corp., and Time. These talks revolve around licensing articles, videos, and images for OpenAI's...
A Step by Step Guide to Create NFT on Solana
NFT development has emerged as one of the top priorities in the world of web3. Among the many blockchains used for NFT development, Ethereum always comes on top. It is the trusted destination for smart contract development, which serves as the core of creating...
BitGo Secures MPI License Approval in Singapore
BitGo, a well-known cryptocurrency custody company, has just been granted clearance in principle by the Monetary Authority of Singapore (MAS) for a license to operate as a Major Payment Institution (MPI). The firm is now able to provide regulated digital payment token...
CoinGecko Hit by Phishing Scam
On January 10, 2024, CoinGecko, a leading cryptocurrency data aggregator, experienced a significant security breach. The company's account on a major social media platform (formerly known as Twitter) and its terminal were compromised, leading to the unauthorized...
An Introduction to Upgradeable Smart Contracts
Smart contracts are the core element of the blockchain landscape and serve a crucial role in all dApps and web3 solutions. The answers to “What is upgradeable smart contracts?” create doubts regarding the immutability of smart contracts. After all, immutability is one...
US Officials Warn of AI’s Role in Cyber Crimes
The evolving landscape of artificial intelligence (AI) is not only a frontier of innovation but also a source of burgeoning challenges, especially in cybersecurity and the legal system. Recent developments and commentary from U.S. authorities shed light on strategies...
Cosmos (ATOM) Community Contemplates Zero Inflation for ATOM Token
A proposal has been initiated by StakeLab, a key staking and relaying hub, to potentially adjust the minimum inflation rate of ATOM , the Cosmos network's native cryptocurrency, to 0%. This proposal, which was presented on January 9, 2024, aims to revolutionize the...
OpenAI Dismisses NYT Copyright Lawsuit as Baseless Amid Rising Legal Challenges
OpenAI, a leading artificial intelligence research lab, has dismissed a copyright lawsuit filed by The New York Times (NYT) as "without merit." The lawsuit, which was brought to light by the NYT, accuses OpenAI of using the newspaper's content for training its AI...
Edward Snowden Criticizes SEC Following Twitter Hack and False Bitcoin ETF Announcement
The well-known whistleblower Edward Snowden recently attacked Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), for a serious error that included a deceptive statement concerning the approval of a Bitcoin spot Exchange-Traded Fund...
Reuters: BlackRock and Ark Investments Compete in Bitcoin ETF Fee Reduction
The biggest asset manager in the world, BlackRock, Inc., has just revealed that the cost for their planned spot Bitcoin Exchange-Traded Fund (ETF) would now be 0.25% instead of 0.30%, according to Reuters. This action is being taken in the middle of a competitive...
Exploring AI Stability: Navigating Non-Power-Seeking Behavior Across Environments
Recently, a research paper titled "Quantifying Stability of Non-Power-Seeking in Artificial Agents" presents significant findings in the field of AI safety and alignment. The core question addressed by the paper is whether an AI agent that is considered safe in one...
SEC Faces Congressional Investigation Call Over Bitcoin ETF False Approval News Breach
There has been a great amount of controversy and requests for an inquiry to be conducted by the United States authorities as a result of the recent security breach that occurred on the social media account of the United States Securities and Exchange Commission (SEC)....
India’s Crackdown on Crypto Exchanges: Binance, Kraken, Mexc, and Kucoin Delisted from App Store
Binance, Kraken, Mexc, and Kucoin are among the biggest cryptocurrency exchanges that have been targeted by the Indian Financial Intelligence Unit (FIU), which has taken further measures against them by deleting their applications from the Apple App Store in India. As...
Singapore’s MAS Blacklists ImToken Wallet for Unlicensed Operations
The Singaporean financial regulatory landscape has recently intensified its scrutiny of cryptocurrency-related businesses, as exemplified by the Monetary Authority of Singapore (MAS)'s decision to blacklist ImToken, a noncustodial crypto wallet provider. This move...
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
Apple did not immediately provide a response when approached for comment regarding the removal of cryptocurrency exchange apps from its App Store in India. Binance South Asia X handle pinned a tweet saying: The Regulatory Dialeimma In recent periods, a significant...
Hong Kong Embraces Virtual Asset Spot ETFs
Around ten fund companies are currently preparing to launch Virtual Asset Spot Exchange-Traded Funds (ETFs) in Hong Kong, according to Caixin. This move positions Hong Kong as the first market in Asia to permit the listing of such ETFs, marking a notable shift in the...
Arbitrum Community Pilot: Voting on the Distribution of 25 to 45 Million ARB in Long-Term Incentives
The Arbitrum community has recently initiated a significant proposal vote, marking a strategic shift towards a pilot program designed to test a new long-term incentive structure. This initiative proposes the distribution of 25 to 45 million ARB tokens to protocols...
Alchemy Pay Bolsters Hong Kong’s Crypto Infrastructure with Enhanced Virtual Card Services
Alchemy Pay, a leading fiat-to-crypto payment gateway, has recently expanded its virtual card services in Hong Kong by adding new card Bank Identification Numbers (BINs) for its Crypto Virtual Card, according to official website. This strategic move, marked by the...
Top 10 Smart Contract Security Tools
Smart contracts are the core highlights of the blockchain and Web3 ecosystem. The self-executing contracts could run on blockchain networks and help in development of decentralized applications and services. Why do you have to learn about top smart contract security...
Binance Supports Optimism (OP) Network Upgrade and Hard Fork
Binance, one of the largest cryptocurrency exchanges in the world, has announced its support for the upcoming network upgrade and hard fork of the Optimism (OP) network. This strategic move by Binance is aimed at providing its users with an enhanced experience and...
Fox Corporation and Polygon Unveil “Verify for Blockchain-Based Content Authentication
Fox Corporation has partnered with Polygon to launch 'Verify', a groundbreaking tool designed to authenticate digital content. This innovative protocol, based on the Polygon proof-of-stake (PoS) blockchain, marks a pivotal moment in the battle against AI-generated...
Qualcomm CEO: Generative AI Will Redefine the Smartphone Industry in 2024
2024 marks a pivotal year in the integration of generative AI into smartphones, as predicted by Qualcomm CEO Cristiano Amon, in an interview with Financial Times. This evolution is expected to redefine the smartphone market, traditionally dominated by Apple and...
Exploring the Boundaries of AI in Creative Domains: Can Machines Match Human Ingenuity?
Creativity, a trait often deemed uniquely human, is undergoing a renaissance in the age of artificial intelligence (AI). Recently, a research paper titled 'Can AI Be as Creative as Humans?' delved deeply into the exploration of creativity in both humans and artificial...
Microsoft Researchers Introduce CodeOcean and WaveCode
Recent advancements in AI, specifically in the realm of Large Language Models (LLMs), have led to remarkable developments in code language models. Microsoft researchers have introduced two innovative tools in this domain: WaveCoder and CodeOcean, marking a significant...
Former Twitter CEO Parag Agrawal’s AI Startup Raises $30 Million
Former Twitter CEO Parag Agrawal has marked a significant milestone in his tech career with the successful funding of his new artificial intelligence startup. The venture has raised an impressive $30 million, with the funding round led by Khosla Ventures, a notable...
StreamingLLM Breakthrough: Handling Over 4 Million Tokens with 22.2x Inference Speedup
In the dynamic field of AI and large language models (LLMs), recent advancements have brought significant improvements in handling multi-round conversations. The challenge with LLMs like ChatGPT is maintaining generation quality during extended interactions,...
Getty Images Introduce Generative AI iStock to Revolutionize Visual Content Creation
Getty Images recently announced the launch of Generative AI by iStock, a significant innovation poised to transform the landscape for small businesses, designers, and marketers, according to official website. This cutting-edge tool, unveiled at the Consumer...
MicroStrategy Earns $3 Billion as Bitcoin Price Breaks $47k
MicroStrategy Becomes One of the Largest Winners in the Bitcoin and Crypto Bull Market MicroStrategy Inc., a prominent name in enterprise software and a key player in the cryptocurrency market, has seen a significant surge in the value of its Bitcoin holdings....
How Apple Will Advance in Generative AI in 2024
As we embark on 2024, Apple faces a diverse set of challenges and opportunities, particularly in the realms of generative AI, the App Store, and product innovations, according to Mark Gurman. The upcoming launch of Vision Pro and advancements in AI integration within...
The G2 Winter 2024 Reports: 101 Blockchains Earned Record-breaking 42 Badges
The G2 Reports for Winter 2024 have been announced, and 101 Blockchains has earned 42 badges in total. We have become the leading platform that offers research and training in the domain of blockchain. In addition, we have turned our focus towards web3 technologies...
Binance’s BNB Chain Fusion: Merging BEP-2 and BEP-20 for Enhanced Efficiency and Security
Binance's announcement on January 8, 2024, marks a significant shift in its blockchain strategy with the BNB Chain Fusion. This initiative aims to unify the current dual-chain architecture of the BNB Beacon Chain (BEP-2) and BNB Smart Chain (BEP-20) into a single...
North Korea Notorious Lazarus Group Moves 27.371 Bitcoins
The Lazarus Group, a notorious hacking collective believed to be sponsored by North Korea, has recently initiated significant Bitcoin transactions, sparking speculations about its future moves in the cryptocurrency sector. On January 8, the group transferred 27.371...
Midjourney V6 Alpha Unveils Major Enhancements: A Leap in AI-Driven Image Generation
Midjourney, a notable AI-driven image generation tool, has recently released the first major update to its V6 alpha version, integrating a slew of enhancements that significantly boost its capabilities. This update has garnered attention for improving major aspects...
Vitalik Buterin’s Insightful Financial Advice for a Prudent Portfolio
Vitalik Buterin, the co-founder of Ethereum, recently shared valuable financial advice, emphasizing the importance of investment diversification. His insights were shared in response to a discussion on Twitter regarding Bill Gates' investment strategies, prompted by...
Samsung to Unveil Galaxy AI
Samsung is poised to unveil its new Galaxy S24 series, embarking on what is heralded as a "new era of mobile AI." The Galaxy Unpacked 2024 event, scheduled for January 17, will be hosted in San Jose and will be streamed live across multiple Samsung platforms. This...
Dee Templeton Joins OpenAI’s Board Amidst Corporate Governance Overhaul
Dee Templeton, a seasoned Microsoft executive, has been appointed as a nonvoting observer on OpenAI's board. This appointment is part of a broader restructuring of the board, initiated in the wake of tumultuous events that saw OpenAI's CEO, Sam Altman, briefly ousted...
Google DeepMind’s Q-Transformer: An Overview
The Q-Transformer, developed by a team from Google DeepMind, led by Yevgen Chebotar, Quan Vuong, and others, is a novel architecture developed for offline reinforcement learning with high-capacity Transformer models, particularly suited for large-scale, multi-task...
Mysterious Bitcoin Inscriptions: A Puzzle in Raw Binary Data
An event unfolded in the Bitcoin blockchain on January 6, 2024, capturing the attention of the crypto community. An unidentified individual executed a series of 332 transactions, spending approximately 1.5 BTC, equaling around $66,000, to inscribe nearly 9 megabytes...
Honduras Breaks Ground by Officially Recognizing Bitcoin in Economic Transactions
In a landmark decision, Próspera ZEDE, a special economic zone in Roatán, Honduras, has officially adopted Bitcoin (BTC) as a unit of account. This significant move, announced on January 5, 2024, by Jorge Colindres, the acting manager and Tax Commissioner of Próspera...
Lesley O’Neill was Appointed as Binance.US Chief Compliance Officer
Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, has recently announced the appointment of Lesley O’Neill as its new Chief Compliance Officer. This move is particularly significant as it occurs in the context of increased regulatory...
CharacterX Raises $2.8M for AI-DrivenAI Social Networking, Led by Lightspeed
CharacterX, a decentralized AI social network, has recently completed a substantial funding round, securing $2.8 million at a valuation of $30 million. This round was led by Lightspeed Venture Partners, INCE Capital, and Spark Digital Capital, with significant...
Understand JPMorgan’s DocLLM: Enhancing AI-Powered Document Analysis
JPMorgan has recently introduced DocLLM, a transformative generative language model tailored for multimodal document understanding. This AI model represents a significant leap in analyzing complex business documents like forms, invoices, reports, and contracts, which...
How to Transfer SOL and SPL Tokens Using Anchor?
Solana is a promising alternative among the blockchain networks that would help in building the future of web3. You might wonder about the possibilities of building web3 solutions on Ethereum. However, Ethereum has been bogged down by the problems of scalability and...
UK Cryptocurrency Exchanges Adapt to Enhanced Regulatory Standards
The United Kingdom's cryptocurrency landscape is undergoing significant changes as it aligns with the Financial Services and Markets Act. This pivotal development, marking a substantial shift in regulatory approach, aims to apply rigorous standards, akin to those in...
Upbit Singapore Secures MAS’s MPI Licence
Upbit Singapore, a part of the South Korea-based Upbit group, recently achieved a significant milestone in its journey within the regulated digital asset ecosystem. The Monetary Authority of Singapore (MAS) granted Upbit Singapore a Major Payment Institution (MPI)...
ChatGPT Poised to Challenge Google Assistant on Android Devices
OpenAI's ChatGPT could potentially replace Google Assistant as the default voice assistant on Android devices. This evolution signifies a remarkable shift in the digital assistant landscape, previously dominated by Google Assistant for over half a decade. The...
BlackRock’s Strategic Shift: Layoffs Amidst Bitcoin ETF Anticipation
The world's biggest asset management, BlackRock Inc., is now making news for two significant innovations that are a reflection of the strategic modifications it has made in response to the ever-changing financial environment. BlackRock has just made the announcement...
Mangofarm Scandal: Solana’s Blockchain Ensnared in Alleged Ponzi Scheme Ties
The Solana blockchain project, Mangofarm, gets embroiled in a controversy reminiscent of the notorious Banana Miner Ponzi scheme. This development throws a spotlight on the perennial challenges of trust and security in the digital currency domain. Mangofarm, a project...
Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies
Visa, a leader in digital payments, recently announced a groundbreaking development in customer engagement: the Visa Web3 Loyalty Engagement Solution. This innovative approach, launched on January 4, 2024, signifies a major advancement in the digital world,...
Anthropic’s Updated Terms of Service: Enhanced Copyright Protection for AI Outputs
Anthropic, a leading company in generative artificial intelligence, has recently updated its commercial terms of service, effective January 1, 2024, to address important concerns regarding intellectual property and data usage. This update is particularly significant...
Coinbase to Boost European Derivatives Market Presence with MiFID II License Acquisition
To expand its global influence, Coinbase, a major US cryptocurrency exchange, has announced plans to enter the European Union derivatives market. The year 2024 marks a strategic turn for Coinbase as it aims to acquire a Cyprus-based entity licensed under the Markets...
DCG Completes Payment of Short-Term Debts to Dissolved Crypto Lender Genesis
DCG Resolves Debts Amid Turbulence in the Crypto Sector The Digital Currency Group (DCG), a key player in the cryptocurrency sector, has accomplished a big milestone by paying off all of its short-term loans to Genesis, a bitcoin lending platform that has since been...
Exploring the 2023 Surge in AI Market and Nvidia’s Role Amidst Technological Challenges
The year 2023 marked a significant milestone in the realm of Artificial Intelligence (AI), with the industry experiencing explosive growth. This surge has notably affected the stock prices of tech giants like Nvidia, demonstrating AI's increasing influence in the...
Bank of Spain Chooses Adhara, Cecabank, and Abanca to Test CBDC
Spain's Banco de España has announced a partnership with Cecabank, Abanca, and Adhara Blockchain to conduct a pilot program exploring the use of a wholesale Central Bank Digital Currency (CBDC). This initiative, announced on January 3, 2024, is a significant step...
Web3 Security CertiK X Account Compromised in Phishing Scam
On January 5, CertiK, a blockchain security and smart contract audit firm, fell victim to a cyber attack. This incident occurred on the company's official X (formerly Twitter) account, where a phishing link was posted after a bad actor hacked into the protocol's...
North Korean Crypto Thefts in 2023: A $700 Million Cyber Menace
In 2023, the cryptocurrency world was shaken by a startling revelation from TRM Labs, a blockchain intelligence firm. The report indicated that groups linked to the Democratic People’s Republic of Korea (DPRK) were responsible for approximately 33% of all...
Mysterious $1.17 Million Bitcoin Transfer to Bitcoin Creator Nakamoto Wallet
On a day closely following the 15th anniversary of Bitcoin's Genesis Block, an event that turned heads in the cryptocurrency world unfolded. An unknown market participant transferred 26.91 BTC, valued at approximately $1.17 million, to a wallet address believed to...
FreeInit: A Groundbreaking Approach to Enhance Video Generation by Nanyang Technological University
Video diffusion models, a sophisticated branch of generative models, are pivotal in synthesizing videos from textual descriptions. Despite remarkable advancements in similar domains, such as ChatGPT for text and Midjourney for images, video generation models often...
CBN Approves Africa Stablecoin Consortium’s cNGN for Regulatory Sandbox Pilot
The Central Bank of Nigeria (CBN) has given the green light to the Africa Stablecoin Consortium (ASC) for piloting the cNGN stablecoin within its innovative Regulatory Sandbox. This significant development, scheduled for launch on February 27, 2024, marks a...
Yann LeCun Reflects on the Impact of DjVu and Open-Access Publications in Machine Learning
In a recent series of tweets, Yann LeCun, a renowned figure in the field of artificial intelligence, shared his experiences and insights on the development of the DjVu image compression format and its profound impact on the machine learning (ML) and AI community....
Italy’s G7 Presidency: Focus on AI Regulation, African Development, and Ukraine Support
In an announcement on December 4, 2023, Italian Prime Minister Giorgia Meloni outlined the key priorities for Italy during its presidency of the Group of Seven (G7) for the year. The G7, an organization of the world's major developed economies, has Italy at its helm...
Binance Labs Invests in Memeland’s MEME Token: Here is Why
Binance Labs, the investment arm of the renowned cryptocurrency exchange Binance, has recently announced a significant investment in Memecoin (MEME), the native token of the Memeland ecosystem. This move marks a notable foray by Binance Labs into the burgeoning field...
Revive Elvis Presley with AI: A Next-Generation Tribute
Fans of Elvis Presley, the undisputed King of Rock 'n' Roll, are in for a groundbreaking experience with the upcoming virtual concert, "Elvis Evolution." This innovative show, set to open in London in November 2024, marks a significant leap in entertainment...
What is Chatgot? Everything You Should Know
Introduction to Chatgot Chatgot is an AI service aggregator or AI agent, effectively integrating multiple AI chat assistants into a single platform to streamline and enhance user experience. Among its typical integrations are prominent AI services and projects such as...
The Ultimate Guide to Blockchain Researcher
The introduction of new technologies has always caught the attention of job markets worldwide. For example, the arrival of internet introduced many new job roles, which created new opportunities for employment. The sporadic growth of blockchain technology has sparked...
Cipher Mining’s Strategic Expansion: 16,700 New Miners Ahead of Bitcoin Halving
Cipher Mining Technologies Inc. has announced the purchase of 16,700 new Bitcoin miners. This significant acquisition is aligned with the company's strategy to become a leading industry player in light of the upcoming Bitcoin halving event, expected in April 2024....
Top Programming Languages For Blockchain Engineer
Blockchain technology arrived in 2008 and took some time before rising to prominence. One of the most popular use cases of blockchain technology, which propelled it to fame, includes cryptocurrencies. Gradually, blockchain technology became an important tool for...
SEC Ties Terraform Ruling to Binance in Securities Violations and Deceptive Practice Case
The US Securities and Exchange Commission (SEC) filed a motion on January 3, 2023, in the US District Court for the District of Columbia. This filing highlighted parallels between its case against Terraform Labs, its co-founder Do Kwon, and its enforcement action...
EU Authorities Probe Bank-NBFI Ties, Including Crypto
Both the European Banking Authority (EBA) and the European Systemic Risk Board (ESRB) have begun an important inquiry into the complex ties that exist between conventional banks and non-bank financial institutions (NBFIs), which includes the cryptocurrency industry,...
Top 10 Web3 Developer Interview Questions And Answers
The continuously evolving digital landscape has brought many promising technologies to the forefront. However, the arrival of web3 has spelled the beginning of a new revolution in the domain of technology. The popularity of web3 has grown exponentially in a short...
US Government Grants $162 Million to Microchip Technology for Semiconductor Production Boost
The US Commerce Department recently unveiled a significant move in the semiconductor industry by announcing a $162 million grant to Microchip Technology Inc, according to Reuters. This grant marks a strategic effort to enhance domestic semiconductor production, a...
DeWave: Brain-to-Text AI Breakthrough Revolutionizing Communication
The University of Technology Sydney has introduced DeWave, an AI model capable of translating human thoughts into text. This breakthrough technology utilizes a blend of electroencephalography (EEG), brain-computer interfaces, and large language models to decode brain...
US Bankruptcy Filings Surge in 2023; Expected to Climb Further in 2024
The United States witnessed a significant surge in bankruptcy filings in 2023, with an overall increase of 18%, according to Reuters. This upswing has been largely attributed to the confluence of several economic factors, primarily post-pandemic economic changes and...
South Korean Gaming Giant Wemade Faces $41 Million Tax Bill for Crypto Operations
At the hands of the National Tax Service (NTS), the South Korean gaming company Wemade, which is well-known for its advocacy in blockchain gaming, has been confronted with a massive tax demand equivalent to $41 million. This demand was made with the intention of...
Oxford Study Reveals “Prospective Configuration” – A Novel Brain Learning Principle Surpassing AI
The MRC Brain Network Dynamics Unit, in collaboration with Oxford University's Department of Computer Science, has recently announced a significant discovery in neuroscience. The discovery was published with title "Study shows that the way the brain learns is...
Intel launches Articul8 AI with DigitalBridge
Intel Corporation has announced the formation of Articul8 AI, Inc., an independent company focusing on generative artificial intelligence (GenAI) software platforms for enterprise customers. This move represents a strategic initiative by Intel to expand its footprint...
Web3 Security 2023 State Revealed, Nearly $2 Billion Lost
In 2023, the Web3 landscape witnessed a significant number of security incidents. The CertiK report revealed that a total of $1.84 billion was lost across 751 security incidents, marking a 51% decline from the $3.7 billion lost in 2022. Despite this decline, the scale...
Nature: Why AI Meeting Quantum Computing Is a Scientific Revolution
The integration of artificial intelligence (AI) and quantum computing, particularly through quantum machine learning, is a topic that has been generating considerable interest in the scientific and technological communities. This intersection, often likened to the...
BlackRock reschedules its $10 million Bitcoin investment to January 5, 2024
BlackRock, the biggest asset management in the world, has been making significant advances in the Bitcoin sector, which demonstrates the company's trust in the future of this cryptocurrency. Over the last several months, the company has been concentrating on seeding...
South Korea Cracks Down on Cryptocurrency, Credit Card Purchases Banned
At the beginning of January 2023, the Financial Services Commission (FSC) of South Korea made several decisions that were quite important. A legislative notice that was published on January 3 brought to light the worries of the Financial Services Commission (FSC) over...
Transfer Learning – A Guide for Deep Learning
Deep learning is an important discipline in the domain of machine learning. It works by simulating human intelligence through neural networks. The neural networks are developed with nodes that are similar to neurons that are the fundamental units of the human brain....
Robin AI and Harvey’s Funding Surge Signals Legal AI Boom
The legal technology sector is experiencing an unprecedented boom, largely driven by advancements in artificial intelligence. This trend is exemplified by the recent fundraising achievements of Robin AI Ltd. and Harvey AI, two companies at the forefront of this...
Binance Introduces XAI Token Launchpool, Unrelated to Elon Musk
Binance, the world's largest cryptocurrency exchange, recently introduced its 43rd Launchpool project, Xai (XAI). The launchpool event, centered around the XAI token, offers an intriguing opportunity for users to stake their BNB, FDUSD, and TUSD assets to earn...
OKX Introduces Mandatory Risk-Awareness Questionnaires for UK Users
The cryptocurrency exchange OKX is set to align with traditional finance standards in the United Kingdom by introducing mandatory risk-awareness questionnaires for its UK users starting January 8, 2024. This move comes as a direct response to the new regulations...
Radiant Capital Suffers $4.5M Flash Loan Attack
Radiant Capital, a player in the decentralized finance (DeFi) space, has recently fallen victim to a sophisticated flash loan attack, leading to a substantial loss of funds. This incident underscores the persistent vulnerabilities in the DeFi ecosystem, particularly...
DeFi TVL Surges to $55.365 Billion, Lido Finance Peaks at $22 Billion
The total value locked (TVL) in global decentralized finance (DeFi) has undergone a huge boost, hitting $55.365 billion with the help of a stunning spike that occurred over the course of twenty-four hours. The increased interest and trust in decentralized finance...
Gemini Pro vs GPT-4: A Comprehensive Comparison of AI Powerhouses
The world of artificial intelligence (AI) is witnessing a significant rivalry with Google's Gemini Pro and OpenAI's GPT-4 at the forefront. These advanced multimodal AI models are pushing the boundaries in various domains, including reasoning, math, language...
CCI Poll Highlights Crypto Influence on 2024 US Election
With the development of cryptocurrencies as a key factor in voting behavior, the landscape of American politics is seeing a revolutionary transition that is expected to have a substantial impact. A survey that was carried out not too long ago by the Crypto Council for...
NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities
In 2023, the NFT market experienced a notable downturn in sales but witnessed a surge in transaction volumes, along with the significant rise of Bitcoin and Solana in the NFT space. This comprehensive analysis explores these contrasting trends, detailing the decreased...
China Identifies Cryptocurrency as a New form for Bribery and Corruption
A recent conference held by the Chinese Association for the Study of Integrity and Legal Systems highlighted the rise of new forms of corruption facilitated by cryptocurrencies and electronic gift cards. This national organization, approved by the Chinese Law Society...
What is Resume Worded? | Blockchain News
Overview Resume Worded is an AI-powered career platform designed to assist job seekers in enhancing their resumes and LinkedIn profiles. This innovative tool offers immediate feedback and actionable steps, making it a significant aid in the job application process....
StripedHyena-7B: The Next Generation AI Architecture for Enhanced Performance and Efficiency
Recent advancements in AI have been significantly influenced by the Transformer architecture, a key component in large models across various fields like language, vision, audio, and biology. However, the complexity of the Transformer's attention mechanism limits its...
Top 10 Predictions of the Crypto Bull Run in 2024
2024 is all set to become a year of surprises in the world of cryptocurrencies. With the Bitcoin halving set to happen in 2024, experts have started drawing predictions about the crypto bull run. However, the crypto bull run of 2024 is more than about finding the top...
Meta AI’s Top 10 Research Breakthroughs of 2023
In a recap of their year, Meta AI (@AIatMeta) has showcased an impressive array of advancements in the field of artificial intelligence for 2023. This roundup, marking the end of the year, offers a glimpse into the future of AI technologies and their potential impacts...
Bitfarms Achieves Milestone with 446 BTC Mined in December 2023, Marking Significant Growth
It has been revealed that Bitfarms, a Bitcoin mining company that is vertically integrated and works on a global scale, has released its financial report for the month of December 2023. During the course of this month, the company produced 446 BTC, which is a...
Meta’s Martin Signoux Predicts AI Model Developments for 2024
Martin Signoux, a public policy expert at Meta France, recently shared his perspectives on the future of AI models in a series of tweets. His insights, focusing on the developments expected in 2024, received considerable attention. Signoux's predictions cover a range...
BRC-20 Token Standard Creator Opposes UniSat Wallet’s Proposed Fork
A significant disagreement has arisen concerning the BRC-20 token standard on the Bitcoin blockchain. Domo, the creator of the Bitcoin BRC-20 token standard, has publicly expressed opposition to an upcoming fork proposed by UniSat Wallet. This disagreement highlights...
Matrixport: Bitcoin to Hit $50,000 with Imminent Spot ETF Approval
According to the most recent research conducted by Matrixport, the approval of a Bitcoin Spot ETF is expected to occur very soon, which would result in a significant increase in the price of Bitcoin to $50,000. A consolidation that occurred between the middle and the...
Binance Accelerates LUNC Burn, Fuels Market Optimism with Over 49 Billion Tokens Burned
Binance, the biggest cryptocurrency exchange in the world, has successfully carried out the 17th batch of its LUNC token burn mechanism, which is a major step for the Terra Luna Classic (LUNC) ecosystem. This most recent burn resulted in the withdrawal of an...
Mastering Aspect Ratios in Midjourney: A Comprehensive Guide to Enhancing Image Composition and Aesthetics
Introduction to Aspect Ratio in Midjourney Midjourney, an advanced AI image generation tool, utilizes the aspect ratio parameter to control the width-to-height ratio of generated images. The aspect ratio is crucial as it defines the shape and composition of an image,...
Arthur Hayes: Major Banks to Challenge Tether’s Stablecoin Dominance
The digital currency landscape is bracing for a seismic shift as traditional banking giants prepare to enter the stablecoin arena. This move could redefine the market dynamics, challenging the current dominance of leaders like Tether. Arthur Hayes, the former CEO of...
StarkNet Updates 2024 Roadmap, Fee Reductions and v3 Transactions Highlighted
StarkNet, the Layer 2 scaling solution for Ethereum, has announced significant updates to its roadmap, with key developments set for release in 2024. These updates focus on enhancing network efficiency, reducing transaction costs, and introducing new transaction...
AI’s 2024 Outlook: Insights from Germanidis, Hooker, Liang, Luccioni, Moiloa, and Scott
An interesting look into the predicted breakthroughs in artificial intelligence for the year 2024 is provided by the Batch Issue 229, which included contributions by Anastasis Germanidis, Sara Hooker, Percy Liang, Sasha Luccioni, Pelonomi Moiloa, and Kevin Scott. The...
Axie Infinity’s 2023 Journey: Surpassing Challenges and Achieving Web3 Dominance
In the dynamic world of web3 technology, Axie Infinity stands as a prominent example of innovation and resilience. 2023 was a pivotal year for this platform, marked by significant challenges and achievements that have shaped its trajectory in the blockchain gaming...
A Brief History of Crypto Bull and Bear Markets
The growth of cryptocurrencies as popular instruments in the world of finance has brought the possibility of similarities between the crypto market and the traditional finance markets. If you have been following the crypto industry up close, then you must know that...
How Meta’s FlowVid will Revolutionize Video-to-Video Synthesis with Temporal Consistency
The research paper "FlowVid: Taming Imperfect Optical Flows for Consistent Video-to-Video Synthesis" focuses on addressing the challenges in video-to-video (V2V) synthesis, particularly the issue of maintaining temporal consistency across video frames. This problem is...
What is Gamma AI? | Blockchain News
Overview Gamma AI encompasses a suite of AI-driven applications and services designed to enhance business processes and presentations. It leverages cutting-edge machine learning algorithms to offer real-time data-driven insights, supporting better decision-making in...
Analysis of Dominance and Dynamics of Bitcoin Mining in 2023
In the realm of Bitcoin mining, the year 2023 was memorable for the enormous concentration of power that occurred among the leading mining pools. The mining of more than 54,000 Bitcoin blocks was a significant event that occurred in this year. It became clear that...
Tether Withdraws 8,888.88 Bitcoins from Bitfinex
Tether, which is widely considered to be the most renowned stablecoin issuers, took a bold step that caused shockwaves to spread across the cryptocurrency industry when it pulled 8,888.88 Bitcoin (BTC) off the Bitfinex platform on purpose. Tether was able to vault...
Cross-chain Orbit Bridge allegedly experiences a $82 million exploit
The Orbit Chain, a multi-asset blockchain focusing on cross-chain transfers, recently fell victim to a sophisticated exploit. Notably, on December 31, 2023, a series of unauthorized transactions led to a significant financial loss, amounting to approximately $81.6...
What is ChatGPT 5? | Blockchain News
Introduction ChatGPT 5 represents the anticipated next step in the evolution of OpenAI's generative language models. Following the public debut of ChatGPT in late 2022 and the subsequent release of GPT 4, expectations are high for what ChatGPT 5 might bring to the...
Top 20 Prompt Engineering Interview Questions and Answers
The applications of generative AI and Large Language Models or LLMs have become one of the major topics of discussion on the internet. As more people want to learn about tools like ChatGPT and Google Bard, the interest in prompt engineering has also increased by huge...
Vitalik Buterin Talks about Ethereum’s 2024 Roadmap
With a strategy that places an emphasis on continuity from the previous year, Ethereum is making steady growth throughout the year 2024, with co-founder Vitalik Buterin serving as the driving force behind this success. A recent sequence of tweets by Buterin reveals...
Michael Cohen’s AI Blunder: Unknowingly Citing Fake Google Bard-Generated Cases
Michael Cohen, former attorney and fixer for Donald Trump, admitted to unwittingly using artificial intelligence to fabricate legal citations in a court filing. This revelation surfaces amidst Cohen's ongoing legal entanglements and his role as a potential witness...
FTX Sam Bankman-Fried Avoids Second Trial
Prosecutors in the United States have made the decision not to proceed with a second trial against Sam Bankman-Fried, the co-founder of the cryptocurrency exchange FTX, which has since gone bankrupt. The FTX drama has reached a turning point with this judgment, which...
U.S. Judge Denies Changpeng Zhao’s Second Attempt to Travel Abroad
During the course of his protracted legal struggle in the United States, Changpeng "CZ" Zhao, who formerly served as the CEO of Binance, has encountered a serious setback. In response to Zhao's second request to fly outside of the country, a federal judge named...
NVIDIA Launches the GeForce RTX 4090 D targeting China
On December 28th, 2023, the well-known American chipmaker NVIDIA presented the GeForce RTX 4090 D to the public for the first time. The debut of this product represents a major step in NVIDIA's product offerings, particularly in light of the recent export limits...
Council of Europe Adopts Groundbreaking AI Guidelines for Journalism
The Council of Europe, on December 29, adopted a set of guidelines aimed at the responsible implementation of artificial intelligence (AI) systems in journalistic practices. This move marks a significant step in ensuring that the evolving field of AI in journalism...
Thunder Terminal’s Rapid Response to $240,000 Hack: Security Measures and Hacker’s Ransom Demand
There was a big security compromise that occurred on the on-chain trading platform known as Thunder Terminal. An exploit resulted in illegal access to 114 of the more over 14,000 wallets that were connected to its network. The total amount of losses reached 86.5 Ether...
Ethereum co-founder Vitalik Buterin Proposes Signature Reduction
Vitalik Buterin, Ethereum's co-founder, recently proposed a significant change to the Ethereum blockchain's proof-of-stake (PoS) system. The core of his proposal is to reduce the number of signatures that validators must process. Currently, Ethereum's PoS mechanism...
Top 20 Large Language Models (LLMs) Interview Questions And Answers
Generative AI and large language models, or LLMs, have become the hottest topics in the domain of AI. With the arrival of ChatGPT in late 2022, discussions about LLMs and their potential garnered the attention of industry experts. Any individual preparing for machine...
HIVE Digital Completes $28.75 Million Financing via Special Warrants to Bolster Bitcoin Mining
HIVE Digital Technologies Ltd., a prominent player in the blockchain and digital asset mining sector, has successfully closed a significant financing deal. On December 28, 2023, the company completed the sale of 5,750,000 special warrants, resulting in aggregate gross...
Zhao Dong’s Conviction Highlights China’s Stance on Cryptocurrency and Foreign Exchange Regulation
The over-the-counter (OTC) cryptocurrency trading desk RenrenBit was founded by Zhao Dong, who is notoriously known as the "OTC King." Zhao Dong was found guilty in China of the charges against him. In the context of China's increasing crackdown on criminal operations...
FTX Debtors’ Filing Sets Controversial Valuations for Cryptocurrency Claims Post-Collapse
The aftermath of the FTX collapse continues to unfold with significant developments in the cryptocurrency world. In a notable move, FTX debtors have filed a proposal to determine a fair and reasonable value for user claims based on digital assets. This proposal was...
Prompt Engineering for Web Developers
Prompt engineering has evolved as a major tool in the domain of generative AI and natural language processing or NLP. It can help in improving the performance and versatility of language models with careful design of prompts to ensure desired behavior and output from...
Monex Group to Acquire 3iQ, Boosting Crypto Business
The Japanese brokerage and financial services firm, Monex Group, has announced a significant move in the cryptocurrency sector. It plans to acquire a majority stake in 3iQ Digital Holdings, a Canadian digital asset investment fund manager. This acquisition is priced...
Dezgo: Comprehensive Guide to the AI-Powered Text-to-Image Generator
Introduction Dezgo is an AI-driven text-to-image converter that utilizes the powers of Stable Diffusion AI to generate high-quality NSFW pictures from word descriptions. Additionally, it provides users with the ability to produce a broad variety of pictures for a...
Ripple May Dump Over 96 Million XRP Soon
In December 2023, Ripple (XRP), executed a significant transaction involving its XRP tokens. The company spent 240 million XRP, valued at approximately $148.80 million, strategically managing its escrowed reserves. This move left 96.34 million XRP in Ripple's...
Hong Kong to introduce comprehensive stablecoin regulation, focusing on innovation and investor protection.
Hong Kong is poised to set a global precedent in the cryptocurrency sector by introducing comprehensive regulations for stablecoin issuers. This development, encompassed in a public consultation from December 27, 2023, to February 29, 2024, marks a significant step in...
Prediction: Major Bitcoin Correction to $21,500 Before Soaring to New Heights
CryptoCon, a voice in the cryptocurrency analysis sphere, has recently shared via X an insightful prediction regarding Bitcoin's future trajectory. He asserts that Bitcoin, having topped around $45,000 a few weeks ago, is on the brink of a substantial correction. This...
China Dismantles $2.2 Billion Underground Banking Operation Leveraging Cryptocurrencies
Chinese authorities have recently dismantled a massive underground banking network valued at $2.2 billion, which was ingeniously using foreign digital currency platforms to circumvent the country’s stringent financial controls. This operation came to light following a...
NSFW AI: An In-Depth Exploration
Introduction Not Safe For Work (NSFW) AI encompasses a wide array of AI technologies, such as stable diffusion, to generate a spectrum of unconstrained content, including but not limited to adult-themed material. Utilizing machine learning and deep learning...
Worldcoin Launches Advanced Identity Verification in Singapore
Worldcoin has recently announced the launch of its World ID verification services in Singapore. This marks a significant milestone in the expansion of the company's identity verification technology. Utilizing the Orb, a custom hardware device, participants can now...
CEO Message: Wishing You a Blissful Happy New Year in 2024!
The clocks and calendars all over the world are all set to welcome another year full of new possibilities and hopes. You must have made some great plans to turn the year 2024 into the best year ever. I, Aviv Lichtigstein, the CEO of 101 Blockchains, wish you and your...
Ethereum’s Dencun Upgrade: Catalyst for Ecosystem Expansion and Price Surge in 2024
As Ethereum continues to evolve, it stands on the cusp of significant growth in 2024. Analysts, including CryptosRUs Analysis, are bullish about Ethereum's future, particularly due to the anticipated Dencun Upgrade. This upgrade is expected to be a game-changer for...
South Korea Enacts Legislation for Public Disclosure of Officials’ Crypto Holdings
South Korea is planning to enact a new piece of legislation that would require around 5,800 high-ranking public officials to make public disclosures of their cryptocurrencies and other asset holdings. In the aftermath of a number of legislative initiatives that have...
How to Create a Dapp with React?
Decentralized apps, or dApps, are one of the prominent highlights in the world of technology right now. Why? Decentralized apps provide a new approach to storing and exchanging information while entrusting control in the hands of users. For example, if you upload your...
Microsoft Unveils Free Copilot AI App for Android, Featuring GPT-4 and Challenging Paid Alternatives
Microsoft has launched its Copilot AI app, a comprehensive generative AI solution, for Android users. This free application, formerly known as Bing Chat, integrates the advanced GPT-4 AI model, offering a range of capabilities, including text generation and image...
Jerry Yu’s Legal Struggles with Texas-Based BitRush Bitcoin Mining Operation
Jerry Yu, a 23-year-old student at New York University, has made headlines not for his academic pursuits but for his extravagant ventures in the world of cryptocurrency and Bitcoin mining. Living in a lavish $8 million Manhattan condominium previously owned by Jeffrey...
KyberSwap’s Response to $48.8 Million Hack: Workforce Halved and Victim Reimbursement Plans
The decentralized finance sector faced a significant setback when KyberSwap, a DeFi protocol, suffered a devastating hack in November 2023. The aftermath of this security breach has led to far-reaching consequences, including a drastic reduction in the platform's...
FTX Debtors Propose Litigation Settlement Over $220 Million Embed Acquisition
The ongoing saga of the FTX bankruptcy has taken a new turn with the latest developments involving the acquisition of the stock-clearing platform Embed. FTX debtors, grappling with the fallout of the crypto exchange's collapse, have proposed a separate litigation...
Infosys Stock Reacts to $1.5 Billion AI Contract Termination with 2.5% Drop
One of the most prominent information technology service providers, Infosys, was dealt a huge blow when a multinational corporation made the decision to cancel a Memorandum of Understanding (MoU) worth $1.5 billion that was centered on artificial intelligence...
PancakeSwap’s CAKE Token Skyrockets by Over 50%
The CAKE token, which is issued by PancakeSwap, has lately seen a remarkable increase of 54% in only seven days, which is a noteworthy event in the blockchain and decentralized finance (DeFi) industry. PancakeSwap's expanding prominence in the decentralized finance...
SEC’s Upcoming Decision on Bitcoin ETFs and the Implications
As the deadline for the Securities and Exchange Commission (SEC) to make a decision on the applications for Bitcoin exchange-traded funds (ETFs) draws near on January 10, 2024, the cryptocurrency and financial worlds are seeing a moment that has the potential to be...
Grayscale’s Strategic Shift: Aiming for Bitcoin Spot ETF with Cash Redemption Model
Grayscale Investments has amended its S-3 filing with the U.S. Securities and Exchange Commission (SEC). This move is aimed at transitioning the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin Exchange-Traded Fund (ETF). Notably, the amendment follows the...
Mt. Gox Double Payment Error: Creditors Urged to Return Overpaid Funds
Some creditors of the Mt. Gox crypto exchange have reportedly received double payments during the ongoing settlement process. This development adds another twist to the saga of Mt. Gox, a once-dominant Bitcoin exchange that collapsed in 2014. Recent reports suggest...
Getting Started with Solana Development
Solana has emerged as one of the prominent solutions similar to the ‘world computer’ visualized in the early era of cryptocurrencies. It is one of the most compelling layers 1 blockchain with multiple improvements over existing blockchain networks. The value,...
Bitcoin Mining Hits Record High
On December 25, 2023, the Bitcoin network achieved a significant milestone. The mining hash rate, a measure of the network's computing power, soared to an all-time high of 544 exahashes per second (EH/s). This landmark event confirmed by Blockchain.com marks a...
Title: Tether’s $1 Billion USDT Minting Stirs Debate: Inventory Replenishment or Market Manipulation?
Tether, the largest stablecoin operator, made headlines on Christmas Day by minting 1 billion USDT (Tether) on the Ethereum blockchain. This move, described by Paolo Ardoino, Tether’s CTO and new CEO, as "authorized but not issued," is part of what the company calls...
Barry Silbert Resigns from Grayscale Investments Board Amidst Industry Challenges
Grayscale Investments, a leading cryptocurrency trust manager, has announced the resignation of Barry Silbert from its board of directors. Silbert, recognized as the founder and CEO of Digital Currency Group (DCG), the parent company of Grayscale, officially stepped...
What is Solana ? Why is Solana’s price increasing in December 2023 ?
Solana (SOL) represents a blockchain network created to support decentralized and scalable applications. Launched in 2017, it operates as an open-source project overseen by the Solana Foundation, headquartered in Geneva, with the technical development managed by...
Web3 Security: Safeguarding Your Digital Assets
Decentralized technologies and blockchain-based platforms have emerged as popular trends in the domain of technology. Does blockchain serve a transformative impact only in the form of cryptocurrencies and NFTs? The working of blockchain has created the foundations of...
Coinbase Counters Senator Warren’s Allegations
Cryptocurrency exchange Coinbase has recently confronted allegations by Senator Elizabeth Warren regarding the employment of former government officials. Warren's claims suggest that these hires may hinder the progress of digital asset regulations. Coinbase,...
Turkey Names Blockchain Expert to Central Bank Committee
The Monetary Policy Committee of the Central Bank of the Republic of Turkey has named Professor Fatma Ozkul, a prominent specialist in blockchain technology and crypto assets, to the position. This appointment was made by President Recep Tayyip Erdoğan of Turkey. This...
OpenAI in Advanced Funding Discussions Targeting Over $100 Billion Valuation
The innovative company OpenAI, which is responsible for the well known ChatGPT, is now in the preliminary phases of a potential game-changing fundraising round. Recent sources indicate that the corporation is now engaged in conversations to seek fresh money with a...
SEC Regrets Missteps in Debt Box Case: A Lesson in Legal Accountability
The United States Securities and Exchange Commission (SEC) has recently come under scrutiny for its handling of a legal case against Debt Box, a mining software firm. In a rare admission, the SEC has acknowledged significant errors in its approach to the case,...
Elon Musk’s X to Launch In-App Payment Services by Mid-2024
His current business, X (previously known as Twitter), is expanding into new regions with the projected debut of in-app payment services by the middle of 2024. Elon Musk, the brilliant mind behind firms such as SpaceX and Tesla, is pushing his latest endeavour into...
Polkadot’s 2023 Annual Report: A Comprehensive Analysis
The Polkadot network's advancements in 2023, as chronicled in its Annual Report, reflect significant strides in blockchain technology and decentralized systems. Driven by the Data Team at Parity Technologies, the report revolves around the Polkadot ecosystem,...
Core Scientific Set for Post-Bankruptcy Revival with NASDAQ Relisting
Core Scientific, once a leading player in the Bitcoin mining landscape, is poised to emerge from Chapter 11 bankruptcy proceedings in mid-to-late January 2024, as announced on December 21, 2023. This comes after a tumultuous period marked by financial challenges that...
Reshaping the Future of Banking
Artificial intelligence has been responsible for introducing transformative changes across a broad range of industries. Interestingly, the applications of AI and ML in finance have also gained momentum. AI can help in creating intelligent machines that can perform...
U.S. Appeals Court Approves Seizure of Over $3 Billion in Bitcoin from Silk Road
The U.S. Court of Appeals for the Ninth Circuit has recently concluded a landmark legal process, officially sanctioning the confiscation of 69,370 Bitcoins and other cryptocurrencies from the defunct dark web marketplace Silk Road. This judicial action enforces a...
Bank of China Achieves Groundbreaking $14 Million e-CNY CBDC Settlement in Gold
The Bank of China has marked a significant milestone in the realm of digital currency with the completion of the world's first cross-border Central Bank Digital Currency (CBDC)-powered precious metals deal. On December 20, 2023, the Bank of China's Shanghai branch...
Top Blockchain Career Paths With Salaries
Blockchain is one of the revolutionary technology trends that have changed the ways in which businesses work in recent times. It has been popular as the foundation for cryptocurrencies and has gained popularity for creation of dApps and other decentralized solutions....
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
BONK, a memecoin centered around the Solana ecosystem, achieved a significant milestone in 2023 by recording the largest pump on Coinbase for the year. The anticipation and process leading up to a Coinbase listing are often more impactful than the listing itself....
South Korea and U.S. Set for High-Level Crypto Regulatory Talks in January
It is planned that Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), would meet with Lee Bok-hyun, the Chief of South Korea's Financial Supervisory Service (FSS). This meeting is expected to be of critical importance. As reported...
Judge Kaplan Denies Bankman-Fried’s Request for Sentencing Adjournment
The legal proceedings involving former FTX CEO Sam Bankman-Fried took a significant turn recently when U.S. federal judge Lewis Kaplan denied Bankman-Fried's request for an adjournment of his sentencing hearing. This decision has implications for the timeline of the...
Risk Management Strategies for Blockchain Security
The growing burden of security attacks on blockchain has become one of the notable buzzwords in the industry. It is more important than ever to address the security issues with blockchain and web3 by devising unique strategies. The detrimental consequences of...
Court Freezes Over $1 Billion in Three Arrows Capital Assets
In the year 2022, Three Arrows Capital (3AC), which had previously been a well-known brand in the bitcoin hedge fund industry, was confronted with a catastrophic failure. This decrease was not simply a single occurrence; rather, it was a trigger in a chain of domino...
UK Supreme Court Denies AI’s Claim to Inventorship in Landmark Case
In a decision that may shape the future of artificial intelligence (AI) and patent law, the UK Supreme Court has ruled against Dr. Stephen Thaler in a landmark case concerning the role of AI in inventing. Dr. Thaler, who created the AI system DABUS (Device for the...
FDIC Mandates New Signage for Digital Platforms Starting 2025
The Federal Deposit Insurance Corporation (FDIC) has announced significant changes to its official signage and advertising rules. This update, the first since 2006, aims to extend the confidence and assurance traditionally provided by the FDIC's physical signage to...
Top 10 Crypto Projects – 101 Blockchains
Cryptocurrencies or crypto assets are one of the most dominant highlights in the domain of blockchain and web3. It has become one of the focal elements for investors in recent years for offering exceptional opportunities to reap rewards on their investment. However,...
Bahamut Foundation launches Bahamut Grants program with a 10 mln $FTN fund
Bahamut Foundation introduces its latest initiative, Bahamut Grants, marking a significant leap towards the journey of Web3 evolution. The available fund for the program is 10 Mln $FTN with a very flexible distribution. It’s important to note that Bahamut is the...
NIST’s Call for Public Input on AI Safety in Response to Biden’s Executive Order
The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has issued a Request for Information (RFI). This initiative seeks public input to assist in the implementation of responsibilities outlined in the recent Executive Order on Safe,...
Coinbase CEO Criticizes Anti-Crypto Stance of American Politicians
Brian Armstrong, the CEO of Coinbase, recently addressed the political landscape in the United States regarding cryptocurrencies. He believes that a strong anti-crypto stance by politicians may be a poor strategic move for the upcoming 2024 elections. This opinion...
Natural Language Processing vs Machine Learning
The rise of artificial intelligence is not a new trend. AI has been around for longer than you think. However, AI has gained formidable popularity in recent times owing to the rise of tools like ChatGPT and Google Bard. In addition, AI has also emerged as a powerful...
Critical Security Vulnerability in OKX iOS App: CertiK’s Urgent Update Advisory
Blockchain firm CertiK recently issued a high-priority warning to users of the OKX Wallet, particularly those using the iOS application. The alert, communicated via social media and other channels in December 2023, stressed the urgency for users to update their...
BlackRock and ARK Invest Conform to SEC’s Cash Redemption Model for Bitcoin ETF
Major companies in the market, such as BlackRock and ARK Invest, have modified their S-1 registration statements in order to comply with the requirements imposed by the United States Securities and Exchange Commission. When it comes to their planned spot Bitcoin...
OpenAI Introduces the “Preparedness Framework” for AI Safety and Policy Integration
OpenAI, a prominent artificial intelligence research lab, has announced a significant development in its approach to AI safety and policy. The company has unveiled its "Preparedness Framework," a comprehensive set of processes and tools designed to assess and mitigate...
Big Banks’ Involvement in Drafting the Digital Asset Anti-Money Laundering Act Raises Concerns
Recently, a video surfaced revealing the involvement of big banks in the drafting of the Digital Asset Anti-Money Laundering Act, initiated by Senators Roger Marshall and Elizabeth Warren. The act, originally introduced in December 2022, has garnered significant...
7RCC Spearheads a Carbon-Neutral Bitcoin ETF for ESG-Focused Investing
7RCC, an ESG-conscious company, has recently applied for a spot Bitcoin Exchange-Traded Fund (ETF), marking a significant stride in the fusion of cryptocurrency investment with environmental sustainability. This innovative financial instrument aims to cater to...
Coinbase’s Legal Challenge Against SEC’s Decision
Coinbase, the United States' largest cryptocurrency exchange, has escalated its legal confrontation with the U.S. Securities and Exchange Commission (SEC). This significant legal battle, unfolding in the Third Circuit court, is not just a corporate skirmish but a...
Web3 Security Audit: Importance and Best Practices
The web3 ecosystem has been developing at a radical pace with new solutions and innovative advancements. At the same time, the complexity of smart contracts and DeFi protocols has also been growing at an unprecedented rate. Therefore, a web3 security audit is a...
Lido DAO Faces Class-Action Lawsuit Over LDO Token Alleged to be Unregistered Security
Lido DAO, a decentralized autonomous organization governing the liquid staking protocol Lido, is currently embroiled in a class-action lawsuit. The lawsuit, filed by former LDO holder Andrew Samuels, alleges that Lido's LDO token is an unregistered security and holds...
Bitwise’s “Bitwise Is Interesting” Campaign: A Strategic Move in Crypto Advertising
Bitwise Asset Management, renowned as America's largest crypto index fund manager, has embarked on a novel marketing endeavor with the launch of its "Bitwise Is Interesting" advertising campaign. This strategic move, announced on December 18, 2023, aims to enhance the...
Josh Swihart Becomes CEO of Electric Coin Company (Zcash) as Zooko Wilcox Steps Down
Zooko Wilcox, the founder of Zcash, has stepped down from his position as the CEO of Electric Coin Company (ECC), which is responsible for the development of the privacy-focused cryptocurrency Zcash (ZEC). Wilcox, who has been at the helm since the company's inception...
The UK’s New Digital Securities Sandbox: A Step Forward for Crypto Innovation
The UK government has recently made a significant stride in the world of blockchain and cryptocurrency. On December 18, 2023, they announced the introduction of the Digital Securities Sandbox (DSS) as part of the Financial Services and Markets Act 2023. This...
FTX Bankruptcy Legal Costs Hit $118.1 Million in Three Months
FTX, once a prominent figure in the cryptocurrency exchange market, has been embroiled in a costly bankruptcy case. Between August 1 and October 31, the legal fees charged by the bankruptcy lawyers and advisers handling FTX's case have skyrocketed to a staggering...
SEC Delays Decision on Ether ETFs to May 2024, Impacting Key Proposals
The United States Securities and Exchange Commission (SEC) has stated that it would postpone its judgment on various exchange-traded funds (ETFs) that are based on Ether (ETH) until May 2024. This is a big event for the cryptocurrency sector. There are major...
101 Blockchains’ Christmas Sale is Starting Early!
The world is gearing up for the end of another year with the joy of Christmas all around. We have some exciting news for you to boost your Christmas spirits. The 101 Blockchains Christmas Sale 2023 is also on its way with some of the most exciting offers for learners....
Virginia Tech Study Reveals Geographic Biases in ChatGPT’s Environmental Justice Information
A recent study by researchers at Virginia Tech has brought to light potential geographic biases in ChatGPT, an advanced artificial intelligence (AI) tool. The study, which focused on environmental justice issues, revealed significant variations in ChatGPT's ability to...
US Court Orders Binance and Changpeng Zhao to Pay $2.7 Billion in Settlement with CFTC
Binance, the largest cryptocurrency exchange in the world, and Changpeng Zhao (CZ), the company's former chief executive officer, have been ordered to pay a hefty financial penalty according to the United States District Court for the Northern District of Illinois. A...
Bitcoin Struggles for Direction in Run Up to Christmas – Blockchain News, Opinion, TV and Jobs
Bitcoin (BTC) concluded the week at approximately $41,400, reflecting a 5.5% decline compared to the previous week’s closing value of around $43,800. The price experienced a notable dip on Monday, reaching a weekly low of about $40,225 before staging a strong recovery...
SEC in Advanced Talks with Asset Managers for Spot Bitcoin ETF: BlackRock in the Spotlight
The launch of a spot Bitcoin exchange-traded fund (ETF) is a topic of active debate between the U.S. Securities and Exchange Commission (SEC) and a number of asset managers, notably the massive investment firm BlackRock. This action may be a crucial turning point in...
Front-Running Attacks in Blockchain: A Complete Guide
Unethical practices always pose a threat to every industry. Front-running is one of the illegal practices you might come across in traditional stock markets. It involves a market participant engaging in trades based on prior awareness of pending orders by other...
BNB Chain Resolves BscScan Lag Issue, opBNB Still Undergoing Fixes
BNB Chain have caught the attention of users and investors alike. BNB Chain, a prominent blockchain network, experienced a noticeable lag in its BscScan and opBNB mainnet browsers. This issue was initially announced on social media platforms by the BNB Chain team,...
Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election
In light of the fact that Taiwan is getting ready to hold its presidential election on January 13, 2024, a crucial advice has been given to the people of Taiwan about betting on cryptocurrencies. A thorough investigation into the use of cryptocurrency platforms for...
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
Dec 14, 2023 19:48 UTC | Updated: Dec 14, 2023 at 19:48 UTC By Raghav Sawhney The world of cryptocurrency and Web3, known for its unpredictable highs and lows, is now set to conquer another high—this time, on the open seas. Dubbed Sea Summit,...
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
Dec 16, 2023 09:14 UTC | Updated: Dec 16, 2023 at 09:14 UTC By Clark BingX, a prominent cryptocurrency trading platform, has officially added JITO (JTO) to its list of tradable assets. This move comes amidst a remarkable surge in the value of...
TX Debtors Propose Amended Chapter 11 Plan: Cryptocurrency Claims Valued at Bankruptcy Date
FTX's debtors have filed an amended Chapter 11 Plan of Reorganization, which marks a significant development in the ongoing bankruptcy case of the once-prominent cryptocurrency exchange. This revised plan includes a crucial provision that sets the value of...
Kazakhstan’s Digital Tenge: Triumph in Pilot, Gears for 2024 Enhancements
The digital tenge, which represents Kazakhstan's pioneering venture into central bank digital currencies (CBDCs), has completed its pilot project, which lasted for a month. This groundbreaking endeavor into digitizing the national currency, which represents a huge...
A Comprehensive List of AI Ethics Principles
The sporadic growth of artificial intelligence has prompted many businesses to seek in-depth insights about the potential of AI. However, there are many ethical concerns associated with the practical use cases of artificial intelligence. Therefore, it is important to...
Top 10 Web3 Trends Shaping the Future of AI
The Internet has been through radical transitions over the course of time, with new variants making an indelible mark. For example, the introduction of web2 sparked the rise of social networks and new e-commerce platforms. With web2, you could not only shop and book...
Yearn.finance Appeals to Arbitrage Traders for $1.4 Million in Recovery Funds After Multisig Error
The decentralized finance system known as Yearn.finance is making a concerted effort to retrieve $1.4 million from arbitrage traders. This predicament came about as a consequence of a multisignature programming mistake that led to a significant depletion of the...
Federal Reserve’s 2024 Interest Rate Pause: A Boost for Cryptocurrencies and Stocks
A wave of optimism has been created as a result of the recent statement made by the Federal Reserve of the United States of America to halt interest rates and hint at the possibility of rate decreases in 2024. This news has produced ripples across the financial...
How to Deploy a Smart Contract in 5 Minutes?
Smart contracts are one of the crucial elements in the domain of blockchain technology. Without smart contracts, the world of blockchain might have revolved solely around cryptocurrencies. However, smart contracts have provided the benefit of programmability for...
Goldman Sachs Predicts Booming Blockchain Asset Trading in Coming Years
Goldman Sachs, a leading global investment banking firm, has projected a substantial surge in trading volumes of blockchain-based assets in the next one or two years, with significant market growth anticipated in three to five years, according to an interview with...
CoinList Settles with OFAC for $1.2 Million Over Crimea Sanctions Violations
The Office of Foreign Assets Control (OFAC) of the United States Treasury Department has filed claims against CoinList Markets, a virtual currency exchange, and the company has agreed to pay more than $1.2 million to resolve the allegations. Despite sanctions imposed...
Microsoft and AFL-CIO Forge Partnership to Navigate AI’s Impact on the Workforce
A groundbreaking alliance between Microsoft Corporation and the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) has been revealed. In a technological environment that is quickly evolving, the purpose of this partnership is to...
A Detailed Guide To Web3 Penetration Testing
Web3 represents a new version of the internet that would leverage blockchain technology, smart contracts, and dApps for decentralization. It aims to create a more secure, democratic, and transparent variant of the web. As compared to traditional web applications, web3...
FASB Finalizes New Accounting Standards for Crypto Assets
The Financial Accounting Standards Board (FASB) has taken a significant step in addressing the complexities of accounting for crypto assets. On December 13, 2023, FASB issued an Accounting Standards Update (ASU) No. 2023-08, aimed at improving the accounting and...
Coinbase International Exchange Launches Non-US Spot Markets
One of the most prominent cryptocurrency exchanges situated in the United States, Coinbase, has just announced a considerable increase of its service offerings. It is also important to note that this expansion is geared towards institutional investors located outside...
Worldcoin Introduces World ID 2.0: Revolutionizing Digital Identity Verification
The development of World ID 2.0 represents a huge step forward in the realm of decentralised identity verification. Worldcoin, a notable company in the blockchain technology industry, has taken this leap, according to official blog. Shopify, Minecraft, Mercado Libre,...
UK Judges Receive Groundbreaking AI Usage Guidance for Legal Work
Senior judges in the United Kingdom have published extensive advice on the proper use of artificial intelligence (AI) for judges and magistrates in England and Wales. This is a major step for the legal system in the United Kingdom. When it comes to integrating...
El Salvador Set to Launch Bitcoin “Volcano Bonds” in Early 2024
It is believed that El Salvador will debut its much-awaited Bitcoin "Volcano Bonds" at the beginning of 2024. El Salvador is a pioneering country in the use of cryptocurrencies. This action comes after the government made a pioneering decision to accept Bitcoin as...
Which DeFi Metrics Are Useful in a Bear Market?
The growth of DeFi is a major influence over the web3 ecosystem. As a matter of fact, it is one of the popular tools for encouraging the adoption of blockchain technology. At the same time, it is also important to note that bear markets are a major threat to...
IRS’s $24 Billion Tax Claim Threatens Recovery for FTX Victims
In the process of filing for bankruptcy, FTX, which was formerly a dominant player in the cryptocurrency exchange market, is now confronted with a formidable obstacle. A massive tax bill of twenty-four billion dollars has been issued on FTX by the Internal Revenue...
Australian and Los Angeles Residents Charged in $25 Million AI Crypto-Trading Ponzi Scheme
The U.S. Department of Justice has indicted David Gilbert Saffron, an Australian national, and Vincent Anthony Mazzotta Jr., a resident of Los Angeles, for orchestrating a $25 million Ponzi scheme exploiting AI crypto-trading. This case highlights the growing concerns...
OKX Middle East Receives MVP Preparatory License From VARA in Dubai – Blockchain News, Opinion, TV and Jobs
UAE to serve as strategic global and regional business hub, OKX to expand to 30 staff OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that OKX Middle East Fintech FZE (OKX Middle East) has received a...
The Great Battle of Asset Classification – Blockchain News, Opinion, TV and Jobs
Guest post by Giovanni Populo The SEC has charged two major cryptocurrency exchanges: Binance and Coinbase. A common charge between both exchanges is that they offered unregistered securities on their platforms. 1.1 Security vs. Commodity Securities and commodities...
KuCoin to Pay $22 Million and Exit New York in Landmark Settlement
One of the most prominent cryptocurrency exchanges in the world, KuCoin, has achieved a large settlement with the Attorney General's Office of the state of New York. A significant step forward in the regulation of cryptocurrency exchanges in the United States has been...
OKX to Launch Signal Trading Platform, Empowering Traders with High-Quality Signals and Seamless Execution – Blockchain News, Opinion, TV and Jobs
Signal Trading will be integrated with TradingView, enabling signal providers and traders to create signals directly on the leading charting platform OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, has announced...
Tether Launches USDt On Kava – Blockchain News, Opinion, TV and Jobs
Native USDT unlocked on Cosmos. Tether’s USDt, the world’s most liquid, secure, and transparent stablecoin, has successfully launched on Cosmos via Kava, marking a significant milestone in the expansion of the Cosmos DeFi ecosystem. The integration of Tether’s USDt on...
Xsolla and Crypto.com Partner to Integrate Payment Solutions – Blockchain News, Opinion, TV and Jobs
Xsolla, a global video game commerce company, and global cryptocurrency platform Crypto.com have announced a partnership for the integration of Crypto.com’s checkout solution into Xsolla’s Pay Station platform. This transformative integration of Crypto.com Pay...
Unveiling PayPal’s PYUSD and Navigating the Evolving Crypto Landscape – Blockchain News, Opinion, TV and Jobs
In the rapidly evolving landscape of cryptocurrencies and digital assets, the issue of auditing and transparent reporting for stablecoins remains a lingering challenge. Despite these uncertainties, PayPal, a prominent player in the financial technology sector, has...
Limited Downside Potential – Blockchain News, Opinion, TV and Jobs
In a recent analysis titled “Limited Downside,” market experts at JPMorgan have highlighted a potentially positive turn for the cryptocurrency markets following the recent corrective phase. Drawing insights from their comprehensive study of CME Bitcoin Futures...
ChatCrypto Announces Groundbreaking AI Subscription Product with Token Burn Mechanism – Blockchain News, Opinion, TV and Jobs
ChatCrypto, the preeminent AI community in the world of cryptocurrencies, is thrilled to unveil its revolutionary AI subscription product, poised to redefine the landscape of artificial intelligence and crypto integration. This groundbreaking development not only...
Stargate Deploys to Kava Chain Unifying Cosmos-Ethereum Liquidity – Blockchain News, Opinion, TV and Jobs
Stargate, the leading omnichain liquidity layer, and native asset bridge with over $18 billion in lifetime transaction volume, has now deployed on Kava Chain, the Cosmos-Ethereum interoperable Layer 1. This integration will expand the reach of Tether’s Cosmos-native...
SEC vs Service Provider Developments Keeps Market Volatility Up – Blockchain News, Opinion, TV and Jobs
By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Bitcoin (BTC) closed last week around $26,000, a 0.5% decrease in price from its previous week’s closing price of $26,100. Last week...
Market Awaits News on Inflation and Crypto ETFs – Blockchain News, Opinion, TV and Jobs
By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Bitcoin (BTC) closed last week around $25,850, a 0.5% decrease in price from its previous week’s closing price of $26,000. The...
A Guide to the Future of Digital Assets – Blockchain News, Opinion, TV and Jobs
Non-fungible tokens (NFTs) are a type of digital asset that is unique and cannot be replaced. They are created using blockchain technology, which is the same technology that powers cryptocurrencies like Bitcoin and Ethereum. NFTs can represent anything from digital...
The Future of the Internet – Blockchain News, Opinion, TV and Jobs
The internet has undergone two major transformations since its inception. The first was the transition from a read-only web to a read-write web, enabled by the development of HTML and HTTP. The second was the transition to a web that is increasingly personalized and...
LeveX Unleashes Next-Gen Social Trading Features, Pioneering a Cohesive Crypto Trading Ecosystem – Blockchain News, Opinion, TV and Jobs
Unveiling a new era in cryptocurrency trading, LeveX brings to the fore an unprecedented integration of social trading into its platform, fostering a vibrant and connected trading community. Beyond this landmark feature, LeveX also offers a plethora of innovations,...
Safeguarding Wealth in the Digital Age – Blockchain News, Opinion, TV and Jobs
In the ever-evolving landscape of finance and investment, the debate over where to place one’s wealth has taken on new dimensions with the advent of cryptocurrencies. Traditional commodities like gold and silver have long been seen as safe havens for preserving...
Implications for the Economy and Crypto Market” – Blockchain News, Opinion, TV and Jobs
The recent Federal Reserve decision to maintain interest rates as they were, has sparked conversations about its potential repercussions for both the broader economy and the cryptocurrency market. While industry experts suggest that crypto may remain relatively...
Taking on the Meme Coin Market With a $1 Billion Vision – Blockchain News, Opinion, TV and Jobs
Having already raised $500K in less than 48 hours, Memeinator has already stormed through to stage 3 of its presale, on its relentless mission to redefine the meme coin sector. The project’s grand vision was born from the frustration of seeing relentless false...
BTC Price Surges Despite SEC Delaying Some ETF Decisions – Blockchain News, Opinion, TV and Jobs
Notably, September saw BTC registering a 4% price increase, marking the first September price rise since 2016. This welcome development provided respite for the digital asset market capitalization, following two consecutive negative months in July and August.Bitcoin...
Is Account Abstraction the Future?
Ethereum, as a cryptocurrency, has been around for a while now. However, it is yet to be fully adopted by the masses. One of the greatest obstacles hindering crypto to go from geek love to mass adoption is the sub-par user experience for most Web3 wallets. These...
Sam Bankman-Fried, Founder of Bankrupt Crypto Exchange FTX, is Going to Trial for Fraud and Conspiracy- the Story Behind the Downfall of a Rising Crypto Star
In the last quarter of last year a report from CoinDesk raised concerns regarding the financial stability of Alameda Research, a company closely associated with FTX. When customers hurriedly attempted to withdraw their funds from FTX, the exchange faced difficulties...
Secure Digital Identity Using Blockchain
When identifications and credentials are digital, it becomes much easier for everyone to work with them. This becomes especially true in today’s digital age, where online activities have become an integral part of our lives. For instance, information like occupational...
Dutch Crypto Firms Secure Legal Victory Against $2.3 Million Regulatory Bill – Blockchain News, Opinion, TV and Jobs
In a significant legal development, Dutch crypto companies, including Bitvavo and Coinmerce, the successor to Binance, have emerged victorious in their battle against a substantial $2.3 million fee levied by Dutch regulators. A Rotterdam court ruled that the Dutch...
Decoding Rust: Everything You Need to Know About the Programming Language
As the current digital landscape continues to evolve at a blistering pace, the need for robust and efficient programming languages is evident and apparent. Out of several languages that have been developed in recent years, Rust has gained significant attention....
Web3 Security Stack – A Developer’s Guide
The problems for web 3.0 security have emerged as formidable challenges for the large-scale adoption of web3. In 2022, the losses due to web3 security attacks amounted to over $3.5 billion. On top of it, security exploits in web3 have also led to losses amounting to...
ChatGPT-4.0 Showcases Potential in Neurology with Impressive Exam Results
ChatGPT-4.0, which was developed by OpenAI, has reached a critical milestone in the interface of artificial intelligence and medicine. In a proof-of-concept research that was conducted not too long ago, ChatGPT-4.0 was able to show its skills by passing a clinical...
Worldwide Digital Asset-Based ETP AUM Remains 53% Ahead YTD Despite Quarterly Drop – Blockchain News, Opinion, TV and Jobs
Fineqia International, a leading digital asset and fintech investment business, announces that its analysis of global Exchange Traded Products (ETPs) with digital assets as underlying collateral, revealed a 53% growth in total Assets Under Management (AUM) in the...
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
Oct 17, 2023 17:06 UTC | Updated: Oct 17, 2023 at 17:09 UTC By Raghav Sawhney Uniswap Labs, the entity behind one of the most popular decentralized exchanges, has recently announced the introduction of a 0.15% interface fee on certain token...
The Role of Oracle in Smart Contract Wallet: Connecting with External Data
Imagine a world where businesses leverage fully automated processes, all intermediaries are eliminated, and contracts are self-executing. This is what smart contracts promise. Smart contracts are a powerful tool that automatically enforces the terms of an agreement...
Announcement – The Certified Prompt Engineering Expert (CPEE)™ Certification Launched
Generative AI is the biggest trend in the world of technology today, with impressive potential for transforming multiple industries. We are proud to introduce the first-of-its-kind prompt engineer certification program to help you make the most of generative AI. The...
Shift Towards Holding Long-Term; 68.5% of Total Circulating Bitcoin Supply Remains Untouched – Blockchain News, Opinion, TV and Jobs
By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Analysing BTC supply, approximately 68.5% of the total circulating supply has remained untouched for at least one year, nearing its...
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
Oct 26, 2023 11:07 UTC | Updated: Oct 26, 2023 at 11:11 UTC By Raghav Sawhney Bitcoin, the digital currency that has sparked countless debates, discussions, and headlines over the past decade, recently witnessed another significant price surge,...
Optimism Blockchain 101: Unlocking The Potential of Layer 2 Scaling
Layer 2 Scaling SolutionsThe Blockchain and cryptocurrency industry is seeing a boom like never before, and one of the most noteworthy aspects of this recent rise in popularity is the increase in the number of regular users leveraging on-chain availabilities. The...
Fintech vs. Regtech vs. Suptech – Key Differences
The three new technologies, fintech, suptech, and regtech, have emerged as innovative advancements for the banking and financial services industry. The fintech vs. regtech vs. suptech debate has emerged as a primary concern for business owners and users. Such types of...
FIFA Club World Cup 2023 Partners with Modex for Exclusive NFT Collection Launch
The world of football is witnessing a remarkable fusion of sports and digital innovation with the upcoming FIFA Club World Cup Saudi Arabia 2023™. In a groundbreaking move, FIFA+ Collect, in collaboration with the technology firm Modex, is set to release an exclusive...
OKX Liquid Marketplace Outperforms in September, Hits All-Time High $1.54 Billion in Monthly Futures Spreads Volume
OKX, a leading crypto exchange and Web3 technology company, today announced that futures spreads trading volumes on its Liquid Marketplace, a spot OTC, futures spreads and options liquidity network, reached a record monthly high of US$1.54 billion in September 2023....
Is Crypto Winter Over ? Can Bitcoin Halving lead to $100,000 for BTC
The cryptocurrency landscape is undergoing a transformation, with Wall Street’s increasing involvement and the anticipated Bitcoin halving event signaling a potential end to the prolonged “crypto winter.” Morgan Stanley’s recent analysis,...
ERC-4337 and the Future of Connectivity: Web3 Adoption through Wallets, NFTs, and Beyond
When it comes to popular blockchain platforms such as Ethereum and the corresponding token standards, there have been various exciting developments in the past that intrigued the interest of Web3 developers and users alike. However, owing to several significant...
Explosive Growth Forecasted for Blockchain Gaming: Market to Hit $614 Billion by 2030
The blockchain gaming industry, a dynamic and rapidly evolving sector, is forecasted to skyrocket from its 2023 valuation of $154.46 billion to an astounding $614.91 billion by 2030, marking an impressive compound annual growth rate (CAGR) of 21.8%. This...
Generative AI in the Metaverse: Opportunities & Challenges –
Generative AI is the most popular form of artificial intelligence you could find in discussions on new technological innovations. It is a type of AI that could support the autonomous generation of new content, such as video, images, audio, and text. Interestingly, the...
Bitcoin’s Rally to $35,200 Fueled by Optimism for Spot ETFs and Upcoming Halving Event – Blockchain News, Opinion, TV and Jobs
Bitcoin (BTC) experienced a remarkable surge last night, briefly hitting $35,200. This surge can be attributed to several compelling factors. Among these factors are the eagerly anticipated halving event and the growing confidence among investors regarding the...
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
Nov 10, 2023 20:38 UTC | Updated: Nov 10, 2023 at 20:38 UTC By Clark StealthEX is pleased to announce the addition of the widely discussed Bitcoin Lightning to its extensive collection of more than 1400 cryptocurrencies. Users of the platform...
The Metaverse: How Blockchain is Creating a New Virtual World
Imagine living in a virtual world where you can create, explore, and interact with other people and things, a world where you can own digital assets, play games, watch concerts, and even work and earn money. The idea of the metaverse is showing a strong promise to...
8 Real-World Examples of Natural Language Processing (NLP)
The rise of human civilization can be attributed to different aspects, including knowledge and innovation. However, it is also important to emphasize the ways in which people all over the world have been sharing knowledge and new ideas. You will notice that the...
Injective Chooses Kava Native USDT for its Perps Trading – Blockchain News, Opinion, TV and Jobs
Injective, a Cosmos Layer-1 blockchain designed to power next-generation DeFi applications, has selected the Kava Chain’s Native USDT for their Perps trading. The Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum...
Why USDT Tether a Stablecoin firm minted 4 Billion USDT in 4 weeks from Oct 19 to Nov 10 2023
In the ever-evolving landscape of cryptocurrency, Tether, a leading stablecoin issuer, has recently made headlines with its significant issuance of USDT tokens, stirring the crypto market and drawing attention from investors and regulators alike. Over the past month,...
SWIFT Embraces Crypto: Chainlink Integration and How It Helps with Tokenized Assets & RWA
Imagine a world where financial transactions flow seamlessly between traditional legacy systems and the cutting-edge world of cryptocurrencies, enabling access to a variety of financial products and services on both platforms. Where you can benefit from the best of...
A Comprehensive List Of Blockchain Security Tools
The growth of blockchain technology has raised new concerns about its security. As of now, the value of assets on blockchain networks has crossed the $1 trillion mark. Therefore, it is important to look for a comprehensive blockchain security tools list to fight...
Sam Bankman-Fried’s Ongoing Legal Saga Captivates Hollywood’s Interest – Blockchain News, Opinion, TV and Jobs
The conviction of Sam Bankman-Fried, the founder of FTX, who was charged with seven counts of fraud and conspiracy, has now capitvated the interest of Hollywood. The verdict came after a trial that lasted just over a month in federal court in New York City....
Why Ethereum Price Jumped to $2100 in November 2023
In this significantly growing era of cryptocurrency, a significant development has emerged, capturing the attention of investors, market analysts, and enthusiasts alike. BlackRock, the world’s largest asset manager, known for its influential role in global...
Uniswap v4: Custom Hooks, Consolidation of Pools, and the Future of DeFi
Decentralized exchanges (DEX) have come up as a groundbreaking advancement in the crypto world, and when discussing this transformative technology, one name inevitably rises to the forefront — Uniswap. The platform is the largest DEX protocol and has proven to be a...
Top 5 AI Use Cases in Education
The impact of a global pandemic led to massive transformation in different sectors. One of the foremost highlights of the digital transformation initiatives started during the pandemic point at the adoption of innovative technologies. The most popular technology which...
Evidence of Greater Traditional Finance Participation in Bitcoin – Blockchain News, Opinion, TV and Jobs
Last week, Bitcoin (BTC) closed at around $37,000, up by 5.9% compared to the previous week’s closing value of $35,000. The week showcased robust price action, witnessing BTC’s fluctuations with consecutive daily price increases from Monday to Friday. The highest...
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
The cryptocurrency community recently faced a significant security breach involving a counterfeit Ledger Live application on the Microsoft App Store. This incident, which led to the theft of over $768,000 in crypto assets, serves as a stark reminder of the...
What Is Data Tokenization and Why It Matters
Data is arguably one of the most precious commodities in today’s digital world. The prominence of our personal information, financial records, sensitive business data, etc., has increased substantially, and thus, it is extremely crucial to ensure their security. What...
10 Essential Generative AI Tools to Supercharge Your Creativity
The fast pace of technological advancements in the world right now has brought impressive technologies like AI to the forefront. Interestingly, AI is not a new technology that has emerged in the last few years. The origins of AI go back to 1960 when the concept of AI...
Major Bank Predicts Significant Interest Rate Cuts – Blockchain News, Opinion, TV and Jobs
Strategists at UBS Investment Bank are forecasting massive interest rate cuts by the U.S. central bank, and this is seen as bullish for Bitcoin. The decreasing inflation, according to UBS, makes it possible for the U.S. central bank (Federal Reserve) to begin reducing...
What Is Layer 0 in Blockchain?
The cryptocurrency and blockchain ecosystem has evolved by huge margins in the last few years. You must have noticed the sporadic growth in innovative advancements introduced by blockchain. At this point of time, questions like “What is a layer 0 blockchain?” have...
Bitcoin Consolidates as Profitability for Long-Term Holders Increases – Blockchain News, Opinion, TV and Jobs
Last week, Bitcoin (BTC) concluded at approximately $37,350, posting an increase of 0.8% compared to the preceding week’s closing value of $37,000. It commenced with notable volatility, witnessing BTC’s price dropping to as low as $34,800 on Tuesday, followed by a...
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
Dec 6, 2023 16:49 UTC | Updated: Dec 6, 2023 at 16:49 UTC By Clark StealthEX broadens Its integration horizon, proudly unveiling its latest addition with Plug Wallet. This collaboration not only foresees an uptick in user engagement but also...
Top 10 Applications of Natural Language Processing (NLP)
Language is an important component of the human civilization. It is the primary medium for communication and exchanging ideas with each other. Over the course of time, language has emerged as a major component in books, songs, films, text messages, emails, and, most...
Cryptocurrency Executives Anticipate Bullish Trends and Potential Bitcoin Surge in 2024 – Blockchain News, Opinion, TV and Jobs
In the dynamic world of cryptocurrency, industry leaders are optimistic about the start of a new bullish phase, with growing anticipation for Bitcoin to reach fresh all-time highs above $100,000 in 2024. Bitcoin has experienced a remarkable rally, surpassing a 120%...
Standard Chartered Bitcoin Price Prediction: BTC to $100,000 by the end of 2024
In a remarkable turn of events, Bitcoin, the pioneering cryptocurrency, is poised for a significant surge, with multiple sources, including Standard Chartered, predicting it could reach $100,000 by the end of 2024, Bitcoin’s previous peak was nearly $69,000 in...
US Government Removes Cryptocurrency AML Provisions from NDAA
The United States government recently made a significant move by removing two key provisions from the National Defense Authorization Act (NDAA) that aimed to address Anti-Money Laundering (AML) concerns in the realm of cryptocurrency. This action marks a notable shift...
VanEck’s Ambitious Move: A Spot Bitcoin ETF with a “HODL” Ticker
VanEck, a prominent asset management company, has made a significant stride by filing its fifth amended application for a spot Bitcoin Exchange-Traded Fund (ETF). This move, dated December 8, 2023, marks a new chapter in the evolution of cryptocurrency investments....
Tether Implements Wallet-Freezing Policy Aligned with US Regulations
Tether, the most renowned stablecoin issuer, has made a big step in strengthening its collaboration with regulatory organizations and law enforcement agencies. Tether has implemented a voluntary policy to freeze wallet activity linked with people who are on the...
AI-Driven “Nudify” Platforms: A Deep Dive into the Alarming Surge and its Implications
Recent discoveries from Graphika, a firm that specializes in social network research, have brought to light a troubling trend: the exponential development in the use of artificial intelligence (AI) to digitally undress persons in photographs, with a primary focus on...
Bitcoin Core Vulnerability Exposes Risks in Datacarrier Limits: NVD Flags Security Concerns
The Discovery of the Vulnerability The National Vulnerability Database (NVD), a comprehensive cybersecurity resource, recently flagged a significant security risk associated with Bitcoin Core and Bitcoin Knots. Specifically, the vulnerability, cataloged as...
Harvard’s Breakthrough in Quantum Computing: A Leap Towards Error-Correction and Noise Reduction
There has been a substantial advancement in quantum computing, which was disclosed by a group of researchers from Harvard University, in conjunction with QuEra Computing Inc., the University of Maryland, and the Massachusetts Institute of Technology. The Defense...
Meta Introduces Purple Llama: Enhancing Generative AI Safety and Security
Purple Llama is a major project that Meta announced on December 7th. Its goal is to improve the security and benchmarking of generative AI models. With its emphasis on open-source tools to help developers evaluate and enhance trust and safety in their generative AI...
Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards
ZachXBT, a renowned cryptocurrency detective, has shared an analysis of a unique and unconventional use of significant cryptocurrency funds. According to his investigation, an unidentified individual withdrew over 11,200 ETH, valued at around $25 million, from Tornado...
Hong Kong SFC Warns Against Crypto Entities HongKongDAO and BitCuped for Suspected Fraud
A substantial warning has been issued by the Securities and Futures Commission (SFC) of Hong Kong against two cryptocurrency firms, namely Hong Kong Digital Research Institute (commonly known as HongKongDAO) and BitCuped, both of which are accused of engaging in...
2023 Call for Code Hackathon: AGNO, Phyto, and Synergy Squad Emerge as Winners
The Call for Code Global Challenge, now in its sixth year, was launched in February 2023 with a focus on developing AI-powered technology projects that address sustainability and climate change. This year’s challenge, organized by the Call for Code Creator David Clark...
US Senators Urge FTC to Address AI-Enabled Scams Targeting Older Americans
Recently, four US Senators - Bob Casey (D-PA), Richard Blumenthal (D-CT), John Fetterman (D-PA), and Kirsten Gillibrand (D-NY) - expressed deep concern about the use of artificial intelligence (AI) in scams targeting older Americans. They addressed a letter to Federal...
The third-largest French bank Introduces Euro-Pegged Stablecoin
EUR CoinVertible (EURCV), the first euro-pegged stablecoin, was released by Société Générale, the third-largest bank in France, marking a significant milestone in the banking industry. This new achievement heralds the beginning of a new age in the landscape of...
ChatGPT Secures Top Spot as the Most-Viewed English Wikipedia Article of 2023
The artificial intelligence model-based chatbot known as ChatGPT, which was created by OpenAI, was formally released on November 30, 2022. In a very short amount of time, it has emerged as an essential component of the AI revolution that will take place in 2023. The...
Animoca Brands’ Yat Siu Foresees Fruitful 2024 with Strategic Investments and Partnerships Amid Rising Bitcoin Interest
Yat Siu, one of the co-founders of Animoca Brands, believes that the year 2024 will be a lucrative one for the firm. He attributes this success to the strategic investments and collaborations that the company will make. The growing interest that mainstream...
Binance CEO Highlights Disproportionate Narrative on Illicit Activities in Crypto versus Fiat Currencies
The debate surrounding illicit financial activities within the cryptocurrency space has been a contentious issue, with critics often pointing to the potential for misuse. However, recent remarks by Binance CEO Richard Teng and analysis by Dr. Andrzej Gwizdalski, a...
Coinbase Launches Crypto Transactions via WhatsApp, Telegram, and Other Messaging Platforms
Coinbase Wallet, a prominent player in the cryptocurrency exchange sector, has rolled out a game-changing update that simplifies and accelerates international money transfers. This new feature, part of Coinbase’s strategy to make cryptocurrency transactions more...
Debt Box vs SEC: Court Reverses Asset Freeze, Raises Questions on SEC’s Conduct
The United States Securities and Exchange Commission (SEC) has filed a complaint against Debt Box and other defendants, alleging that the firm was engaged in a fraudulent conspiracy to offer unregistered securities to investors. The action is being brought against...
Italy and South Korea’s Central Banks Forge a Path in CBDC Development
The Bank of Italy and the Bank of Korea have recently formalized their collaboration through a Memorandum of Understanding (MOU) signed on December 5, 2023. This partnership marks a pivotal moment in the exploration and potential implementation of digital currencies...
Singapore Unveils Ambitious National AI Strategy 2.0 for Future-Ready Innovation
On December 4, the Singapore government revealed its ambitious National AI Strategy 2.0, an evolution of its first AI strategy introduced in 2019. This updated strategy delineates a comprehensive roadmap for the next 3-5 years, aiming to position Singapore at the...
Taiwan’s Financial Supervisory Commission in Exploratory Phase for Crypto ETFs
An investigation into the possibility of establishing bitcoin exchange-traded funds (ETFs) is now being conducted by Taiwan's Financial Supervisory Commission (FSC), which is in the exploratory phase. The use of digital assets inside regulated financial markets is...
SEC Postpones Decision on Grayscale Ethereum Trust’s ETF Application
Recently, the Securities and Exchange Commission (SEC) of the United States of America made an announcement that they will be extending the decision-making time for the Grayscale Ethereum Trust's application for a spot exchange-traded fund (ETF). In the past, the SEC...
Riot Platforms’ Major Expansion: Acquiring 66,560 Bitcoin Mining Rigs from MicroBT
Recently, Riot Platforms, a big participant in the Bitcoin mining market, made a huge move by purchasing 66,560 Bitcoin mining rigs from MicroBT. This acquisition was a significant move with substantial implications. One of the most significant expansions in the...
South Korea Intensifies Measures Against Unlicensed Crypto Exchanges
South Korean financial officials issued a directive on December 4, 2023, requesting users to report any unregistered cryptocurrency exchanges operating in the area. This directive was made in an effort to control the market. This approach is a reflection of South...
Brazil’s largest private bank Launches Crypto Trading Platform in Brazil
A Step Into the Cryptocurrency Market The biggest private bank in Brazil, Itaú Unibanco, has just made a substantial entry into the bitcoin industry. In a significant step toward the integration of conventional banking with digital assets, the bank introduced a...
Yann LeCun Discusses AI Progress and Quantum Computing at FAIR’s 10th Anniversary
Recently, Meta celebrated the tenth anniversary of its Fundamental Artificial Intelligence Research (FAIR) team. This occasion was highlighted by Yann LeCun's views about the present state of artificial intelligence as well as its potential in the future. The remarks...
Ethereum Team Leader Critiques University’s Apathy Towards Crypto Education
The Ethereum team leader, Péter Szilágyi, recently expressed his dissatisfaction regarding his alma mater's apparent disinterest in providing students with opportunities to engage with Ethereum technology. Szilágyi's frustration was articulated through a series of...
North Korea’s Cyber Onslaught on Cryptocurrency: A $3 Billion Digital Heist
In recent years, North Korea has notably intensified its cyber operations, particularly targeting the cryptocurrency industry. This strategic shift emerged around 2017 when the country's cybercriminal activities, previously focused on traditional financial...
Arbitrum DAO Approves Additional Funding for STIP Proposals
The Arbitrum DAO, a layer-2 networking system designed to enhance Ethereum blockchain scalability, has recently taken a significant step in expanding its Short-Term Incentive Program (STIP). The DAO, governed by ARB token holders and financed through transaction fees,...
Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun
Circle, a leading issuer of stablecoins, has recently addressed and strongly refuted allegations regarding its involvement in illicit financing and alleged connections with Justin Sun, the founder of Tron. These claims, brought forward by the nonprofit watchdog...
Google AI and Robotic Systems Forge New Frontier in Material Discovery
On November 29, 2023, a groundbreaking development in material science emerged from the collaboration of Google DeepMind and autonomous robotic systems. The initiative, spearheaded by Google's AI division, has successfully predicted the stability of nearly 400,000...
Exploring CapCut’s Diverse Image Template Categories
Exploring CapCut's Diverse Image Template Categories CapCut's online editor, known primarily for its video editing prowess, has expanded its offerings to include a rich collection of image templates across diverse categories. These templates cater to an array of...
Mastercard’s Dynamic Yield Launches AI-Driven Shopping Muse to Enhance Online Retail
On November 30, 2023, Dynamic Yield by Mastercard, from its headquarters in Purchase, NY, introduced Shopping Muse, a breakthrough in the retail landscape. This advanced generative AI tool, Shopping Muse, is set to redefine how consumers engage with online retail...
Binance.US Distances Itself from Binance.com; CZ Steps Down as Chairman
Binance.US, the American arm of the globally renowned cryptocurrency exchange Binance, has made a significant announcement concerning its operations and leadership structure. This news comes in the wake of recent settlements involving Binance.com and its founder,...
Microsoft’s 2.5 billion GBP Investment in UK AI: Catalyst for Innovation and Growth
Microsoft has made an announcement on a big investment in the artificial intelligence (AI) infrastructure of the United Kingdom. The company's objective is to dramatically enhance the capabilities of the nation's AI. The following are some of the important topics that...
Dunamu’s Upbit Reports 81% Profit Drop in Q3 2023
The revenues of Dunamu, the parent company of Upbit, one of the most prominent cryptocurrency exchanges in South Korea, dropped by an astounding 81% during the third quarter of 2023, according to the company's report. The performance of the corporation during the same...
The Impact of Multifunction Crypto-Asset Intermediaries on Market Stability Post-FTX Collapse
The Financial Stability Board (FSB) report, along with other sources, offers significant insights into the impact of multifunction crypto-asset intermediaries (MCIs) and key market events, such as the collapse of FTX in November 2022 and the crypto-asset market...
Voyager Digital Agrees to $1.65 Billion Settlement with FTC in Landmark Case
A decision that is of great significance has been handed down by the United States District Court for the Southern District of New York. A judge named Gregory Woods gave his approval to an order that required Voyager Digital and its affiliates to make a payment of...
Jump Crypto Enters Confidential Phase in SEC vs. Terraform Labs Case
Jump Crypto Holdings has been allowed to submit papers in a secret manner, which is a key milestone in the litigation that the Securities and Exchange Commission (SEC) is pursuing against Terraform Labs and its creator, Do Kwon. In the current legal procedures, this...
Fireblocks Introduces ‘Off Exchange’ to Address Exchange Counterparty Risk, Integrates with Deribit
On November 28, 2023, Fireblocks, an innovative digital asset operations platform, announced the introduction of 'Off Exchange', a first-of-its-kind solution aiming to revolutionize the way institutional traders interact with digital asset exchanges. This...
Vitalik Buterin’s Vision of Techno-Optimism and AI’s Future
Vitalik Buterin, the founder of Ethereum, presents a compelling narrative on techno-optimism in his latest article. He starts by acknowledging the influence of Marc Andreessen's "techno-optimist manifesto" and the ensuing debate it sparked among thought leaders....
Tornado Cash Token Plummets Following Binance Delisting Announcement
Following the news that Binance, the biggest cryptocurrency exchange in the world in terms of volume, made about the delisting of the Tornado Cash (TORN) token, the value of the token witnessed a significant decline over time. It is important to note that the market...
Hive Digital Technologies Bolsters Global Reach with Swedish Data Center Acquisition
Hive Digital Technologies, a prominent player in cryptocurrency mining, has recently announced a significant expansion of its global operations. The company's latest move involves the acquisition of a new property and data center in Boden, Sweden. This acquisition is...
Cosmos Hub Votes to Reduce ATOM Inflation Rate to 10%
Recently, the governing body of the Cosmos Hub approved a significant change to the blockchain's economic model. The community voted to reduce the maximum inflation rate of ATOM, the native token of Cosmos Hub, from its current rate of around 14% to a new cap of 10%....
California Advances in Generative AI with New Report
The Newsom Administration released an insightful report in response to Governor Gavin Newsom's Executive Order from September 2023. This report focuses on the utilization and potential challenges of Generative Artificial Intelligence (GenAI) within the California...
Nigerian Police Arrest Politician Wilfred Bonse for Involvement in Patricia Technologies Financial Fraud
The Nigeria Police Force (NPF) has announced a significant breakthrough in a complex financial fraud investigation involving Patricia Technologies Limited. On November 23, 2023, the Force Public Relations Officer, ACP Olumuyiwa Adejobi, detailed the arrest of...
Binance’s MVB Accelerator Program Collaborates with CMC Labs to Launch Innovative Founder Track
The Most Valuable Builder (MVB) accelerator program, which is a collaborative project between BNB Chain and Binance Labs, has been in the forefront of supporting Web3 builders and fostering the development of the BNB Chain ecosystem ever since it was first introduced...
Richard Teng Signals Unchanged Core Values at Binance Amid Leadership Transition
Within a recent post on social media, Richard Teng, who was recently hired as the CEO of Binance, provided reassurance to stakeholders over the exchange's commitment to maintaining its key principles. His message, which comes after a turbulent era for the corporation,...
Huobi HTX Responds to Recent Hack, Ensures Full Compensation for Affected Users
On November 22nd, 2023, Huobi HTX, previously known as Huobi Global, experienced a significant security breach. This attack led to a substantial loss, initially estimated at $13.6 million but later valued at approximately $30 million. This incident marks another in a...
Wallet of Satoshi Withdraws from the U.S. Market Amid Regulatory Challenges
The recent announcement by Wallet of Satoshi (WoS) to withdraw its app from the U.S. Apple and Google app stores and cease serving U.S. customers marks a significant shift in the Bitcoin wallet landscape. This decision reflects the increasingly challenging regulatory...
Atomicals Market Addresses Security Breach and Announces Compensation Measures
The recent events surrounding Atomicals Market (AM) have been a significant concern for the Atomicals community, especially following a severe security breach in two of its trading markets. This breach led to hacker attacks and considerable losses for users, stirring...
CFTC’s Stern Warning to Crypto Exchanges Following Binance Case
As of late, the Commodity Futures Trading Commission (CFTC) has adopted a resolute position against Binance, which is the biggest cryptocurrency exchange in the world. As the former Chief Executive Officer of Binance, Changpeng Zhao (CZ) has resigned from his position...
WhaleFin is being sued by Atletico Madrid for unpaid sponsorship
Atletico Madrid, a top-tier Spanish football team, is apparently getting ready to file a lawsuit against WhaleFin, a cryptocurrency exchange located in Singapore, for failing to pay sponsorship money of forty million euros, which is equivalent to forty-four million...
Social Media Site X Limits Changpeng Zhao’s Account Access
Unexpected Limitation on Changpeng Zhao's User Account Changpeng "CZ" Zhao, the former CEO of cryptocurrency exchange Binance, had his account temporarily blocked by social media site X, previously known as Twitter. Users had to accept that Zhao's account was...
Exploit of KyberSwap’s Concentrated Liquidity Feature Results in $46 Million Loss
On November 23, 2023, the decentralized finance (DeFi) space was shaken by a meticulously planned exploit of KyberSwap, a leading decentralized exchange (DEX). The exploit, which Doug Colkitt, creator of Ambient exchange, characterized as "the most complex and...
Alchemy Pay Expands U.S. Footprint with Iowa Money Services License
The well-known fiat-crypto payment gateway Alchemy Pay has reached a noteworthy milestone when it obtained a Money Services License in the US state of Iowa. This achievement, which was declared on November 23, 2023, comes after they were successful in getting an...
BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq
On November 20, 2023, a critical meeting was held between the United States Securities and Exchange Commission (SEC) and representatives from BlackRock, Inc., and the Nasdaq Stock Market LLC. The meeting's primary focus was the discussion of the iShares Bitcoin Trust...
Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring
Sam Altman, who was formerly employed as the Chief Executive Officer of OpenAI, the artificial intelligence research lab that is well-known for its achievements in AI technology, including the invention of ChatGPT, has been rehired. This is a surprising outcome. In...
Celsius to Transition to Mining-Only NewCo following Bankruptcy Court’s Confirmation of Plan
Celsius Network LLC, a global cryptocurrency platform, is set to undergo a significant transformation following the confirmation of its Chapter 11 plan by the United States Bankruptcy Court for the Southern District of New York. This change comes after facing...
SEC Accuses Kraken of Operating Without Registration, Alleges Mixing of Funds
The U.S. Securities and Exchange Commission (SEC) has filed a complaint against Payward Inc. and Payward Ventures Inc., collectively known as Kraken, for operating their cryptocurrency trading platform without the necessary registrations. The complaint, filed in San...
U.S. Justice Department Seizes $9M in Crypto from Romance Scam Ring
On November 21, 2023, the U.S. Justice Department announced a significant disruption in cybercrime activities, seizing nearly $9 million in Tether (USDT) from an international scam organization. This organization was involved in executing romance scams and...
Binance Undergoes Leadership Shakeup Amid DOJ Investigation
Binance, the biggest cryptocurrency exchange in the world, is about to embark on a new section of its history with Richard Teng serving as its Chief Executive Officer. Changpeng Zhao, the creator of Binance, made the announcement on this consequential shift in...
DOJ Seeks Over $4 Billion from Binance Amidst Years of Legal Challenges
According to Bloomberg, the United States Department of Justice is attempting to negotiate a settlement to a lengthy criminal investigation by requesting more than four billion dollars from Binance Holdings on behalf of the company. Since at least 2018, the United...
Bittrex Global to End Trading on Dec 4, 2023
Bittrex Global, headquartered in Liechtenstein, has announced its decision to wind down operations. This process will begin with a cessation of all trading activities effective December 4, 2023. This announcement follows a period of regulatory challenges and legal...
RSS3 aggregating Farcaster & Lens to MetaMask Snap
RSS3 is developing a MetaMask Snap which aggregates, streams, and displays decentralized social information, such as content from Farcaster and Lens Protocol. This Snap aggregates all supported decentralized social graphs and provides close to real-time...
Former Bithumb Chairman Lee Jeong-hoon Faces 8-Year Prison Sentence in Appeal
Lee Jeong-hoon, the former chairman of Bithumb, one of South Korea's primary cryptocurrency exchanges, faces a potential 8-year prison sentence. The Seoul High Court is expected to deliver its verdict in the appeal case on January 18, 2024. The legal battle revolves...
Seize control of your data with Akord
Seize control of your data With news of data breaches and scandals around the misuse of people’s data becoming a worrying norm, one company is working to put data ownership back in the hands of individuals and organisations. Akord is a web3 platform offering...
Emmett Shear Appointed Interim CEO of OpenAI as Sam Altman Steps Down
OpenAI, a leading artificial intelligence research lab, has announced a significant change in its leadership. Sam Altman, the previous CEO, has stepped down and left the board of directors. The decision comes after the board concluded that Altman was not consistently...
dYdX Utilizes $9M Insurance Fund Following Alleged Targeted Attack on YFI
The decentralized exchange (DEX) dYdX experienced a significant financial event on November 17, requiring the use of its insurance fund. The exchange had to cover $9 million worth of customer liquidations following a dramatic market fluctuation. Antonio Juliano, the...
Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation
Senator Elizabeth Warren emphasized the growing danger of cryptocurrency scams targeting seniors. Steve Weisman, a cybersecurity expert, supported Warren's proposed Digital Asset Anti-Money Laundering Act, aimed at curbing these scams. Warren highlighted a shocking...
NYDFS Introduces Stricter Crypto Listing and Delisting Rules
The New York State Department of Financial Services (NYDFS) has revised its guidelines on the listing and delisting of cryptocurrencies. This move aims to bolster investor protection and ensure that virtual currency businesses adhere to heightened regulatory...
Microsoft Reveals Azure Maia AI Accelerator and Azure Cobalt CPU
The Azure Maia 100 AI Accelerator and the Azure Cobalt CPU were both introduced at the Ignite 2023 conference, which was hosted by Microsoft. These two in-house silicon chips represent a significant advancement in artificial intelligence and cloud computing...
Congressional Memo Challenges SEC’s SAB 121
A memorandum submitted by several U.S. Congress members, including chairs from key financial committees, has called into question the enforceability of the Securities and Exchange Commission (SEC) Staff Accounting Bulletin 121 (SAB 121). This development follows a...
Dubai’s VARA Appoints Matthew White as CEO
Dubai's Virtual Asset Regulatory Authority (VARA) has announced a change in its leadership. Matthew White has been appointed as the new Chief Executive Officer (CEO), taking over from Henson Orser. This transition comes at a pivotal time, as Dubai intensifies its...
Meta Unveils Next-Gen AI Emu Video and Emu Edit
The realm of generative AI is witnessing rapid advancements, with 2023 marking a significant stride in the domain. Meta, formerly Facebook, has introduced Emu, a groundbreaking foundational model for image generation, at this year’s Meta Connect event. This technology...
OpenAI Suspends ChatGPT Plus Sign-ups Due to Overwhelming Demand
OpenAI, a pioneer in the field of artificial intelligence technology, recently made an announcement that it would no longer accept new sign-ups for its premium service, ChatGPT Plus. This decision was made in response to an extraordinary increase in customer demand....
Superstate Gains $14m in Series A Led by Distributed Global and CoinFund
Superstate, an innovative asset management firm, announced today the successful closure of its Series A financing round, raising $14 million. This funding will catalyze the firm's mission to offer cutting-edge investment solutions to institutional investors, while...
Unchained Forms Strategic Alliance with Bakkt to Enhance Bitcoin Custody Network
Unchained, a player in the bitcoin financial services sector, has announced a strategic partnership with Bakkt on November 15, 2023, marking a significant expansion of its Collaborative Custody Network. This alliance not only strengthens Unchained’s position in the...
ENS Launches EVM Gateway, Enhancing Interoperability Between L1 and L2 Chains
ENS Domains (ens.eth) recently announced the launch of the EVM Gateway, a significant development in blockchain technology aimed at improving interoperability between Layer 1 (L1) and Layer 2 (L2) chains. This new open-source platform is anticipated to be a...
Dismissal of Lawsuit Against Tether and Bitfinex Affirmed, Plaintiff Drops Appeal
The U.S. District Court for the Southern District of New York has finalized the dismissal of a class action lawsuit against Tether and Bitfinex. This lawsuit, initially filed by plaintiffs Shawn Dolifka and Matthew Anderson in 2021, targeted the stablecoin issuer...
SushiSwap CEO Proposes New Token Model
SushiSwap CEO Jared Grey has initiated a pivotal proposal titled "Deploy new tokenomics for Sushi." This initiative, which seeks to overhaul the platform's existing token economic model, has now entered the crucial stage of community voting on Snapshot. The voting...
US House Committee to Probe Crypto Crimes in November Hearing
The Financial Services Committee (FSC) of the United States House of Representatives is gearing up for a critical hearing on November 15, 2023, diving deep into the shadowy corners of cryptocurrency. Entitled "Crypto Crime in Context: Breaking Down the Illicit...
Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping
The Australian Taxation Office (ATO) has provided pivotal guidance on the capital gains tax (CGT) treatment concerning decentralized finance (DeFi) and the process of wrapping crypto tokens. This move is part of the ATO's ongoing efforts to clarify tax obligations in...
Google Sues Unknown Entities for Malware Scheme Disguised as AI Chatbot Bard
Google LLC has initiated legal proceedings against three anonymous individuals, accusing them of orchestrating a sophisticated malware distribution scheme under the guise of offering upgrades to Google's AI chatbot, Bard. The lawsuit, filed on November 13, 2023, in...
Cboe Digital Set to Launch Bitcoin and Ether Futures Trading in January 2024
Cboe Global Markets, Inc. has announced a groundbreaking development in cryptocurrency trading, according to Prnewswire. Beginning January 11, 2024, Cboe Digital will launch margin futures trading for Bitcoin and Ether. This initiative positions Cboe Digital as the...
Coinbase is challenging the U.S. Treasury over the recent tornado cash sanctions
Crypto Coinbase has challenged the decision of the United States Treasury Department to include Tornado Cash, a decentralized software project, on the list of Specially Designated Nationals and Blocked Persons (SDN). This action, which was brought up in the Western...
Boyaa Interactive Advances into Cryptocurrency with a $100 Million Acquisition Mandate
Boyaa Interactive International Limited, a distinguished online card and board game developer based in Hong Kong, is advancing into the cryptocurrency realm. Since its founding in 2004 and subsequent listing on the Hong Kong Stock Exchange in 2013, Boyaa has...
Indian Supreme Court Rejects Crypto Petition: Legislative Nature Emphasized
The Supreme Court of India has recently declined to consider a Public Interest Litigation (PIL) that sought to establish a comprehensive regulatory framework for cryptocurrency trading in India. This decision is notable as it highlights the judicial perspective on the...
BC Technology Group Halts Trading Amid Notifiable Transaction
The trade of BC Technology Group Limited's shares on The Stock Exchange of Hong Kong Limited will be halted beginning at 9:00 a.m. on Monday, November 13, 2023, according to an announcement made by the company. This decision was taken in advance of a scheduled...
Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI
Michelle Fradin, a former partner at Sequoia Capital known for her key role in the investment in FTX, has transitioned to a new position at OpenAI, where she will spearhead data strategy, acquisitions, and operations. This move marks a significant step in her...
Coin Cloud Customer Data and Source Code Allegedly Stolen
Coin Cloud, a participant in the cryptocurrency ATM market, has lately come under fire for a serious cybersecurity vulnerability. This episode adds to the company's already long list of difficulties, which began with its filing for Chapter 11 bankruptcy in February...
$27M USDT Theft Linked to Binance Deployer Address
A significant cryptocurrency theft has been reported, involving the loss of 27 million USDT (Tether). The incident was first brought to light by a tweet from ZachXBT, a well-known figure in the cryptocurrency community, known for his investigative work on...
DeFi Platform Raft Compromised, Loses $3.3 Million in Ether
A massive security breach recently occurred on the DeFi platform known as Raft, which resulted in the theft of around $3.3 million worth of Ether (ETH). The fact that the hacker was able to effectively remove 1,577 ETH from the network demonstrates the continued...
US Bitcoin Corp-Hut 8 Merger Progresses Amid Celsius Plan Approval
U.S. Data Mining Group, Inc., doing business as US Bitcoin Corp (USBTC), today announced two pivotal developments: the progression of its merger with Hut 8 Mining Corp (“Hut 8”) and the court approval of the Celsius bankruptcy restructuring plan. USBTC is advancing...
Uniswap’s Front-End Fees Surpass $1 Million
Uniswap, a leading decentralized exchange (DEX), has reached a significant milestone. The protocol's front-end fees have accumulated over $1 million, a feat achieved within just 24 days. This article delves into the details of this achievement, its implications, and...
Tripling of Bitcoin Millionaire Wallets in 2023: A Deep Dive into the Crypto Wealth Explosion
Unprecedented Accumulation of Wealth Caused by Bitcoin In the year 2023, there was a significant shift that took place in the landscape of Bitcoin riches. The number of Bitcoin wallets that store more than $1 million has skyrocketed from 23,795 on January 1 to 81,925...
Block’s AUD$3M Investment Boosts Indigenous Business Sector in Australia
Block, Inc. (NYSE: SQ), formerly known as Square, Inc., has made a significant investment in Australia's Indigenous business sector. The global technology company, renowned for its Square and Afterpay services, has committed AUD$3 million to a new fund established by...
NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding
South Korea's prominent metaverse platform, ZEP, has announced a strategic partnership with the global Layer 1 blockchain platform, NEAR Protocol. This collaboration, revealed on November 13, 2023, aims to facilitate user onboarding and enhance the development of...
Boosting Trade Efficiency: XRPL’s fixReducedOffersV1 Upgrade
The "fixReducedOffersV1" amendment, which is currently in its final activation countdown phase, is about to bring about a significant improvement to the XRP Ledger (XRPL), which is nearing completion. This modification is a crucial upgrade for XRPL, signifying a step...
Bitdeer and NVIDIA Partner to Launch AI Cloud Service in Asia
Bitdeer Technologies Group (NASDAQ: BTDR), a leader in blockchain and high-performance computing, has teamed up with NVIDIA to introduce a new cloud service in Asia, according to Globenewswire. Named Bitdeer AI Cloud, this service is poised to be powered by NVIDIA's...
Craig S. Wright Explores ‘Code is Law’ Paradigm in Digital Governance Debate
Dr. Craig S. Wright, known in the cryptocurrency world for his claim as the creator of Bitcoin, Satoshi Nakamoto, has recently penned a thought-provoking piece on "Open-Source Development." His involvement in blockchain technology lends significant credence to his...
Sushi Launches on Filecoin, Expanding Decentralized Exchange Services
Filecoin, the world's largest decentralized storage network, now welcomes Sushi, a prominent decentralized exchange (DEX), marking a pivotal development in decentralized storage and exchange services. Filecoin's unique approach to cloud storage, functioning as an...
Ninety Eight Launches $25M Ecosystem Fund to Boost Web3 Startups in Asia
Ninety Eight, formerly known as Coin98 Finance, has unveiled its new $25 million Ecosystem Fund. Announced on November 7, 2023, this fund is a strategic initiative to support and accelerate the growth of Web3 startups, particularly in Asia. This initiative marks a key...
Sui Donates $1M to London Business School for Web3 Research
Sui has announced a significant donation of $1 million to the Wheeler Institute for Business and Development at London Business School (LBS). This contribution is earmarked for advancing research and educational programs in the rapidly evolving field of decentralized...
SafeMoon CEO’s Bail Release Suspended Due to Flight Risk Concerns
Braden John Karony, the CEO of cryptocurrency company SafeMoon, has become the focal point of a significant legal battle in the United States. On November 9, 2023, New York District Judge LaShann DeArcy Hall suspended a bail release order for Karony, originally set at...
RISC Zero Announces Open Sourcing of Key Technological Innovations
RISC Zero, a Seattle-based pioneer in zero-knowledge (ZK) virtual machine technology, has announced a groundbreaking initiative. Through a series of tweets, the company revealed its plan to open source three major technological innovations: High-Speed Recursion, Proof...
OneCoin’s Former Legal Head Pleads Guilty to Fraud and Money Laundering
Irina Dilkinska, the former "Head of Legal and Compliance" of OneCoin, has pleaded guilty to wire fraud and money laundering charges. This plea marks a crucial step in the ongoing investigation into the multi-billion dollar pyramid scheme that defrauded investors...
BondbloX Secures $6M in Series B Funding Led by Beacon Venture Capital
Singapore-based Fintech BondEvalue Pte. Ltd. has added new investor Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank, to its cap table as part of a US$6m Series B round, according to official announcement. Beacon Venture Capital joins...
Nomura’s Laser Digital Launches Ethereum Adoption Fund for Institutional Investors
Laser Digital, a subsidiary of financial services giant Nomura, has launched an Ethereum Adoption Fund aimed at institutional investors, as announced on 9th November 2023. This fund, centered in London and Dubai, is a strategic move to bolster the presence of Ethereum...
Celsius Network Announces Court Approval of Reorganization Plan
Celsius Network recently took to Twitter to announce a major milestone in its bankruptcy journey. In a series of tweets, the company shared the news of its Plan of Reorganization receiving court confirmation, following a successful creditor voting process. This...
U.S. Intensifies Sanctions on Hamas, Targeting Crypto Assets
Wally Adeyemo, the Deputy Treasury Secretary for the United States, made a recent announcement on further sanctions against Hamas, according to Reuters. These new measures are focused on Hamas' usage of bitcoin assets. This comes as a direct retaliation to the assault...
Lightspeed Faction Unveils $285M Fund for Blockchain Innovation
Lightspeed Faction, a leading venture capital firm with a focus on blockchain, has announced the launch of a $285 million venture fund, according to PR Newswire. This fund is earmarked for early-stage blockchain projects, signaling a significant commitment to...
Tom Emmer’s Nonpartisan Amendment to Limit SEC’s Enforcement on Digital Assets Passes House
U.S. Representative Tom Emmer, currently serving as the GOP Majority Whip, has been a prominent figure in the debate over the regulation of digital assets. His legislative efforts have consistently focused on clarifying and limiting the regulatory scope of agencies...
What is HyperWrite AI? | Blockchain News
Introduction HyperWrite AI is a cutting-edge AI-powered writing assistant that has emerged as a significant player in the realm of digital writing tools. It leverages advanced artificial intelligence to enhance writing efficiency and creativity, catering to a wide...
ARK Invest and 21Shares Launch Innovative Digital Asset ETF Suite
ARK Invest, led by the pro-Bitcoin advocate Cathie Wood, and 21Shares, a renowned exchange-traded product (ETP) supplier, have announced the launch of a new suite of digital asset exchange-traded funds (ETFs). This collaboration marks a pivotal step in offering...
CBI and Liminal Collaborate for Digital Asset Security in India Amid Crypto Scams
Strategic Alliance for Digital Asset Security India’s Central Bureau of Investigation (CBI) has engaged Liminal, a Singapore-based digital asset custodian, to manage and secure digital assets confiscated in criminal investigations. This strategic partnership emerges...
HK Legislative Council Member Advocates for Integrating Senior Economy with Web3
Hong Kong Legislative Council member and CPPCC member Johnny Ng, known as @Johnny_nkc on Twitter, attended the "2023 World Internet Conference" in Wuzhen, where he delivered a keynote speech on digital literacy and skills enhancement. Ng’s speech, dated 9th November...
Starknet Foundation Establishes DeFi Committee to Boost Ecosystem
Starknet Foundation has officially launched its DeFi Committee. Announced on November 9, 2023, the committee is set to play a pivotal role in developing Starknet's DeFi landscape. This initiative marks a strategic step by the Foundation, demonstrating its commitment...
Taiwanese Singer Chen Lingjiu Implicated in JPEX Cryptocurrency Fraud Case
The ongoing investigation into Taiwanese cryptocurrency exchange JPEX has taken a dramatic turn with the involvement of Chen Lingjiu, a well-known Taiwanese singer. As reported by Central News Agency on November 9, 2023, this development is part of a larger narrative...
SEC Chair Gensler Open to Lawful Revival of FTX
During a CNBC interview at DC Fintech Week, SEC Chair Gary Gensler discussed the potential revival of the bankrupt cryptocurrency exchange FTX, emphasizing the importance of operating within legal boundaries. The context for this comes in the wake of FTX founder Sam...
SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups
SBI Commits to Bolstering Startups in Japan SBI Holdings, a major financial conglomerate in Japan, has announced its plan to start operating an investment fund by the end of 2023, focusing on startups in sectors like Web3, artificial intelligence (AI), and the...
Health Concerns Arise at ApeFest 2023: Investigation Links Symptoms to UV-A Lighting
On November 5, 2023, Yuga Labs, the parent company of the popular Bored Ape Yacht Club (BAYC), began addressing alarming reports from attendees of ApeFest 2023. The event, held the previous night, saw several attendees and staff members experiencing disturbing...
NEAR and Polygon Partner to Launch zkWASM
The NEAR Foundation and Polygon Labs have announced a collaborative effort to develop a zero-knowledge (ZK) prover for Web Assembly (WASM) blockchains. This initiative, termed "zkWASM," is poised to bridge the gap between WASM-based chains and the Ethereum ecosystem,...
SEBA Bank Secures SFC License, Expanding Crypto Services to Hong Kong
Switzerland-based cryptocurrency bank SEBA Bank has marked a significant milestone by obtaining a license from the Hong Kong Securities and Futures Commission (SFC). The license, granted on November 3rd, represents a crucial step for SEBA in expanding its...
HSBC to Initiate Institutional Digital Assets Custody Service in 2024
HSBC Holdings plc has declared its strategic move into the digital asset sphere by announcing its intention to introduce a new digital assets custody service specifically for institutional clients. The service, anticipated to go live in 2024, will be designed to cater...
Coinbase Bolsters Advisory Board with Security Experts
Coinbase, the prominent cryptocurrency exchange platform, has strategically augmented its Global Advisory Council with the induction of four esteemed national security experts on November 7, 2023. This move comes as part of Coinbase's ongoing efforts to navigate the...
Xbox Teams with Inworld AI for Game Dev AI Tools
Xbox and Inworld AI have announced a multi-year alliance aimed at infusing game development with the transformative capabilities of Generative AI. This partnership promises to arm game creators with cutting-edge tools to design intricate narratives and dialogues,...
Kazakhstan Blocks Coinbase, Citing Digital Asset Law
Kazakhstan's Ministry of Culture and Information has clarified its decision to block the global cryptocurrency exchange, Coinbase, within the nation's borders. The ministry asserts that the trading of cryptocurrencies on Coinbase is in direct violation of the...
Optimism (OP) Prepares for Canyon Hardfork Across Superchain Testnets on November 14
The Optimism ecosystem is set to embrace a milestone with the Canyon hardfork, slated for activation on the OP Goerli, OP Sepolia, Base Goerli, Base Sepolia, PGN Sepolia, and Zora Sepolia testnets on November 14, 2023, at 17:00 UTC. Announced by the OP Labs Team on...
Illia Polosukhin Appointed CEO to Lead NEAR’s Open Web Drive
Illia Polosukhin, who was one of the original founders of the NEAR Protocol, has been given the position of chief executive officer of the NEAR Foundation. Polosukhin is going to put his forward-thinking vision into reality by spearheading the effort to create a broad...
Polygon Labs Unveils New PoS Testing Toolkit to Enhance Devnet Operations
On November 7, 2023, Polygon Labs introduced a groundbreaking Polygon PoS v1 Testing Toolkit, designed to revolutionize devnet management on the Polygon network. The toolkit, which serves to ease the development process, makes the deployment, monitoring, and testing...
Bitdeer Reports Robust Operational Performance for October 2023
Singapore-based Bitdeer Technologies Group (NASDAQ: BTDR), a global frontrunner in the cryptocurrency mining industry, has released its unaudited operational metrics for October 2023, showcasing sustained robust performance and strategic advancements. Throughout the...
Ripple and Onafriq Forge Alliance for Blockchain-Enabled Payments in Africa
Ripple, a frontrunner in blockchain and cryptocurrency solutions, has joined forces with Onafriq, a leading payments fintech, to revolutionize digital asset-enabled cross-border payments connecting Africa with the Gulf Cooperation Council (GCC), the UK, and Australia....
Wintermute Accuses Near Foundation and Aurora Labs of Failing to Honor USN Redemptions
Wintermute, in an unexpected public disclosure, has raised a serious allegation against the Near Foundation (NF) and Aurora Labs regarding the redemption process of the USN stablecoin. In a series of tweets, Wintermute's CEO, Evgeny Gaevoy, criticized the entities for...
Mining Valuations in Focus: Bitdeer and Sphere 3D Lead November’s Stock Insights
The November valuation analysis of public Bitcoin mining stocks uncovers notable disparities, pinpointing potential under and overvaluations in the sector. Bitdeer emerges as significantly undervalued when assessed through the EV-to-Sales lens, while companies like...
NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes
In recent developments within the NFT ecosystem, a consistent growth pattern has emerged, as reported by Nansen, a blockchain analytics platform. Over a five-week period, the NFT market has seen a robust increase in trading volumes, particularly in Ethereum (ETH)...
Binance’s Market Dominance Challenged as OKX and Upbit Gain Ground
The 2023 CEX Market Report by 0xScope, published on November 6, 2023, provides a comprehensive overview of the changing landscapes within the centralized exchanges (CEXs) over the past year. It highlights the shifting dynamics and the rise of second-tier exchanges...
Curve Founder Proposes Venus Protocol Deployment on Ethereum Mainnet
Curve Finance founder Michael Egorov has put forth a proposal to deploy the Venus Protocol on the Ethereum Mainnet, signaling a strategic expansion in the decentralized finance (DeFi) sector. This proposition, aimed at tapping into Ethereum’s substantial liquidity,...
Bitfinex Tackles Phishing Incident: No Customer Funds Affected
Bitfinex, a famous cryptocurrency exchange located in Hong Kong, has announced a security compromise that has been controlled. The incident was the result of a phishing effort that was directed at one of the company's customer care representatives. The incident took...
Ripple on the Brink of Decisive Win as SEC Legal Battle Nears End
In the continuing saga of Ripple versus the United States Securities and Exchange Commission (SEC), recent developments suggest a leaning in favor of Ripple, a prominent figure in the cryptocurrency space. Legal experts and community stakeholders are weighing in on...
Fraudulent Ledger Live App in Microsoft Store Linked to $768K Cryptocurrency Theft
The cryptocurrency community faced a significant security breach when a fake Ledger Live application, titled "Ledger Live Web3," appeared in the Microsoft App Store, leading to substantial financial losses for unsuspecting users. Notorious for mimicking the genuine...
xAI’s Grok: Musk’s Novel AI Chatbot with Real-Time Insights
On November 4, 2023, Elon Musk’s artificial intelligence venture, xAI, introduced Grok, a novel AI chatbot poised to revolutionize the human interaction with digital knowledge. Grok is modeled after the whimsical ethos of 'The Hitchhiker’s Guide to the Galaxy', aiming...
US Supreme Court Steps In On Coinbase Customer Contract Dispute
In a recent legal tangle, Coinbase, a prominent cryptocurrency exchange, and its customers have brought forward a contractual disagreement to the United States Supreme Court. The crux of the matter revolves around who - a court or an arbitrator - should adjudicate on...
SEC Alleges Fraud Against SafeMoon Amidst System Flaw Exploit
The United States Securities and Exchange Commission (SEC) has recently alleged fraud and violations of security rules against the decentralized financial project, SafeMoon. The allegations come in the wake of a significant system flaw exploitation that occurred in...
Marathon Digital Initiates Bitcoin Mining Powered by Renewable Landfill Energy
Fort Lauderdale, FL: Marathon Digital Holdings, Inc. (NASDAQ:MARA), known for its endeavors in bolstering the Bitcoin infrastructure, has announced a collaboration with renewable energy firm Nodal Power. The partnership aims to harness methane emissions from a Utah...
FCA Unveils Guidance on Cryptoasset Promotions Compliance
The Financial Conduct Authority (FCA) has unveiled a "finalised non-handbook guidance" document on Cryptoasset Financial Promotions. This release followed observed lapses in adherence to the new laws governing crypto asset promotions, which took effect on October 8,...
US NIST Initiates AI Safety Consortium to Promote Trustworthy AI Development
The United States National Institute of Standards and Technology (NIST), under the Department of Commerce, has taken a significant stride towards fostering a safe and trustworthy environment for Artificial Intelligence (AI) through the inception of the Artificial...
Helium’s HNT Token Lists on SwissBorg
The Helium Foundation, a trade association under the 501(c)(6) designation focused on promoting decentralized wireless access, announced the listing of its HNT token on SwissBorg, a notable cryptocurrency platform in Europe. The announcement, dated November 2, 2023,...
ADGM Launches Pioneering DLT Foundations Regime
The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has pioneered the unveiling of the Distributed Ledger Technology (DLT) Foundations Regulations 2023, marking a crucial phase in the regulatory evolution of digital assets both regionally and...
Coin98 Debuts Decentralized App Store on NEAR’s Blockchain Operating System
Coin98, a multichain wallet and decentralized finance (DeFi) platform, has unveiled a decentralized application (dapp) store powered by the NEAR Blockchain Operating System (B.O.S), marking a pivotal move towards providing streamlined access to prominent Layer-2 (L2)...
Court Upholds OFAC’s Designation of Tornado Cash Under IEEPA
The United States District Court for the Northern District of Florida issued a decision concerning the designation of Tornado Cash by the Office of Foreign Assets Control (OFAC). The case, identified as Case 3:22-cv-20375-TKW-ZCB, revolved around the designation of...
ProShares Unveils World’s First Short Ether-Linked ETF
Bethesda-based financial giant, ProShares, has once again taken a pioneering step in the crypto-linked ETF domain with the launch of the world’s first short ether-linked ETF, named ProShares Short Ether Strategy ETF (SETH), according to BusinessWire. This innovative...
MicroStrategy Q3 2023: 158,400 Bitcoin Holdings at $29,586 per BTC
MicroStrategy Incorporated (Nasdaq: MSTR), a leading independent business intelligence company, disclosed its third quarter financial results for 2023 on November 1, revealing a continued focus on Bitcoin acquisition and AI integration in its offerings. The Q3 report...
Uniswap Foundation Announces Grant Recipients for V4 RFPs
On November 1, 2023, Uniswap Foundation publicized the selections for the first round of Request for Proposals (RFPs) for Uniswap V4 through their official Twitter handle, @UniswapFND. The announcement is a significant stride towards enhancing Uniswap V4, with several...
PayPal Acquires UK Crypto License
PayPal, a notable player in the global payments realm, has secured approval from the Financial Conduct Authority (FCA) to offer cryptocurrency-related services in the United Kingdom. The authorization was disclosed on the FCA's website, affirming that PayPal has been...
Google Metadata Implicates SBF in Fraudulent Activities During Trial
On November 1, 2023, the closing arguments in the trial involving the defendant, known as SBF, showcased substantial evidence found in Google metadata that indicated his active involvement in creating and handling a particular spreadsheet linked to fraudulent...
FTX Former CEO Sam Bankman-Fried Grilled in Court Over Exchange’s Risk Management Measures
FTX CEO Sam Bankman-Fried (SBF) found himself in the hot seat during a recent court proceeding regarding the exchange's risk management measures. The hearing, documented by BitMEX Research, shed light on a catastrophic event stemming from a flawed risk engine in 2020,...
Terraform Labs (Luna) Co-Founder Pleads US Court to Dismiss SEC’s Fraud Allegations
The United States Securities and Exchange Commission (SEC) has filed claims of fraud and securities violations against Terraform Labs. Together with the company's co-founder, Do Kwon, Terraform Labs is vigorously pursuing a dismissal of these charges from a U.S....
CertiK Outlines Mobile Blockchain Security Threats and Countermeasures
Blockchain technology is rapidly transcending beyond traditional platforms, marking its imprint on mobile platforms, an area CertiK, a blockchain security firm, regards as a "frontier of innovation." However, this transition isn't devoid of challenges. Mobile...
Sam Bankman-Fried Dodges Questions on Alameda Debt Repayment Risks
In a recent social media exchange, Sam Bankman-Fried, the former CEO of FTX, found himself amidst a whirlpool of questions regarding the potential risk transfer from Alameda Research to FTX. The core issue revolved around the use of FTX customer funds to settle the...
CertiK: Crypto Social Media Scams Surge
In light of the increasing number of cryptocurrency scams permeating social media platforms, blockchain security company CertiK has delineated a comprehensive examination of this menacing trend. On October 26, 2023, CertiK took to Twitter to elucidate how the meld of...
CFTC Whistleblower Program Gains Traction with $16 Million Awarded in 2023
The Commodity Futures Trading Commission (CFTC) has recently unveiled its 2023 Annual Report highlighting the significant achievements of the Whistleblower Program and Customer Education Initiatives. Commissioner Christy Goldsmith Romero, a former Inspector General,...
UAE Crypto Insights: 72% Investors Lean Towards Bitcoin
KuCoin, a global cryptocurrency exchange, has recently disclosed a survey report, “Into The Cryptoverse: Understanding Crypto Users in the UAE”, which is the 17th edition in its report series. The survey engaged 597 cryptocurrency investors from the UAE, providing...
Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend
In a newly published assurance opinion, Tether Holdings Limited disclosed its financial standing for Q3 2023, substantiated by a comprehensive assessment conducted by BDO, a globally recognized independent public accounting entity. The attestation, dated October 31,...
Voltage Park’s $1 Billion Cloud Infrastructure Targets ML Compute Shortage
In an ambitious endeavor to bridge the ML (Machine Learning) compute gap, Voltage Park unveiled a formidable cloud infrastructure for AI development on October 29, 2023. The current market scenario is gripped by a severe shortfall in advanced ML compute resources,...
President Biden Amplifies AI Safety and Security Measures with Executive Order
On October 30, 2023, President Joe Biden signed a pivotal Executive Order aimed at reinforcing the safety, security, and trustworthiness of artificial intelligence (AI) technologies in the United States. This directive is part of the Biden-Harris Administration's...
Upbit Announces Dunamu & Partners’ Digital Asset Holdings for October 2023
On October 31, 2023, Upbit, recognized as a global standard digital asset exchange, continued its endeavor to promote a healthy development in the digital asset/blockchain industry by providing a safe and transparent digital asset trading environment. In a previous...
a16z-Backed Stelo Labs Ceases Operations Today, October 31, 2023
Today marks the cessation of operations for Stelo Labs, in accordance with their earlier announcement on October 17, 2023. The termination affects all Stelo products, including the widely recognized Stelo Chrome extension, which will no longer simulate transactions...
Vitalik Buterin Analyzes Ethereum’s Layer 2 Solutions
Ethereum founder, Vitalik Buterin, delved into the intricacies of Layer 2 (L2) solutions on the Ethereum blockchain in a detailed post dated October 31, 2023. He acknowledged the rapid expansion of the L2 ecosystem, especially the ZK-EVM rollup segment, featuring...
UN Research Unveils Bitcoin’s Environmental Toll Beyond Carbon Emissions
The global embrace of digital currencies, driven significantly by Bitcoin, has come under scrutiny following a new United Nations study spotlighting the environmental detriments tied to cryptocurrency mining, extending beyond the often-cited carbon emissions to...
Snowtrace to End Etherscan-Powered Service by Nov 30
On October 30, 2023, Snowtrace.io, a popular blockchain explorer tool dedicated to the Avalanche C-Chain, announced that it would be discontinuing its Etherscan-powered explorer effective from November 30, 2023 (00:00 UTC). This announcement came through a series of...
Japan Freezes Assets Linked to Hamas Funding
On October 31, the Japanese government announced the freezing of assets belonging to nine individuals and one cryptocurrency trading company accused of financially aiding the Palestinian militant group Hamas, as per Kyodo News. This action comes amidst an ongoing...
Ripple CEO Brad Garlinghouse Criticizes Former SEC Chair Jay Clayton’s Regulatory Approach
The Chief Executive Officer of Ripple, Brad Garlinghouse, has voiced his disagreement with the regulatory posture taken by Jay Clayton, who formerly served as Chair of the US Securities and Exchange Commission (SEC). This criticism surfaced in response to statements...
Solana’s SOL Price Predicted to Surpass $3000 in Bullish Scenario by 2030
A detailed analysis by VanEck, a major asset management firm, sketches various valuation scenarios for Solana (SOL) by the year 2030, amid the blockchain's remarkable performance and its strive for scalability, dated October 27, 2023. VanEck's examination lays out...
UN convenes AI High-level Advisory Body for Global Governance
The United Nations Secretary-General is spearheading a multi-stakeholder High-level Advisory Body on Artificial Intelligence (AI). The initiative aims to harness AI's potential for humanity while addressing its accompanying risks and uncertainties as AI technologies...
OpenAI Initiates Preparedness Team to Address AI Catastrophic Risks
OpenAI, notable for its advanced AI research and the creation of models like ChatGPT, unveiled a new initiative on October 25, 2023, targeted at addressing the multitude of risks associated with AI technologies. The initiative heralds the formation of a specialized...
Taiwan’s Legislature Considers Virtual Asset Management Bill to Protect Consumers
On October 25, Taiwanese legislators tabled the Virtual Asset Management Bill before the single-chamber parliament, the Legislative Yuan. This initiative seeks to bolster consumer protection and furnish better oversight over the burgeoning digital asset sector. The...
SEC Commissioner Expresses Dissent on LBRY Case Outcome
On October 27, 2023, Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce voiced her dissent regarding the commission’s litigation against blockchain firm LBRY, Inc. (“LBRY”). This litigation emerged from the SEC’s enforcement action initiated in...
dYdX Initiates Token Migration Following Layer-1 Blockchain Inception
Antonio Juliano, the founder of dYdX, announced on Twitter on 28 October 2023, regarding impending substantial transfers of $DYDX tokens in the following days. This alert is in alignment with dYdX Trading Inc. and other locked token holders' plans to migrate tokens to...
Floki Enters the Tokenization Arena with TokenFi Launch
Floki has unveiled its new platform, TokenFi, aimed at easing the crypto and asset tokenization process. This revelation comes at a time when the tokenization domain is foreseen to swell to a staggering $16 trillion by 2030. The announcement made on October 26, 2023,...
Ethereum Devnet 10 Testing Paves Way Towards Mainnet
On October 26, 2023, Ethereum protocol developers convened to discuss the recent results of devnet 10 testing. Initially, an update was presented by @parithosh_j and @BarnabasBusa regarding the successful launch of the network earlier in the week, according to Tim...
Aptos Unveils Winners of the Singapore World Tour Hackathon
Aptos is a well-known network that is known for encouraging innovation, and it has now made the winners of the Singapore leg of its World Tour Hackathon public announcements. On October 27, 2023, the network revealed 14 projects that stood out in different tracks via...
Elliptic Debunks Claims of Substantial Crypto Funding to Hamas
On October 25, 2023, blockchain analytics firm Elliptic released a statement clarifying misconceptions surrounding the extent of cryptocurrency funding received by Hamas. The firm emphasized the absence of substantial evidence supporting claims that Hamas has garnered...
ECB Advances Digital Euro Project into Preparation Phase
The European Central Bank (ECB) has recently taken significant steps towards the conceptualization and eventual issuance of a digital euro, a Central Bank Digital Currency (CBDC). This development comes as a response to the increasing digitalization of the economy and...
Citi Partners with World Bank on Euroclear’s DLT Platform for Digitally Native Note Issuance
Citi's Issuer Services, a segment of Securities Services, acted as the Issuing and Paying Agent for the first Digitally Native Note (DNN) issuance under English Law through Euroclear's Digital Financial Market Infrastructure (D-FMI) distributed ledger technology (DLT)...
Vodafone DAB and Chainlink Labs Unveil Blockchain Solution to Streamline Global Trade
Vodafone's Digital Asset Broker (DAB) and Chainlink (LINK) Labs have unveiled a proof of concept (PoC) in collaboration with Sumitomo Corporation and InnoWave. This initiative aims to tackle the inefficiencies entrenched in the mammoth $32 trillion global trade arena....
Hong Kong FinTech Week 2023 “Fintech Redefined”
Hong Kong FinTech Week 2023 "Fintech Redefined." *************************************************************** Invest Hong Kong (InvestHK) today (October 18) unveiled details of Hong Kong FinTech Week 2023 (HKFW). The eighth edition of HKFW, themed "Fintech...
Bitcoin ETF Approval Expected to Propel Market Influx
The anticipation surrounding the approval of a US-regulated spot Bitcoin ETF is mounting, considering its potential to significantly catalyze the adoption of Bitcoin and its recognition as a viable asset class. As of September 30, 2023, Bitcoin investment products,...
BlockFi Triumphs Over Bankruptcy, Initiates Creditor Reimbursements
BlockFi, a bankrupt cryptocurrency lending platform, announced its successful emergence from bankruptcy on October 24, 2023, marking a significant turnaround. The announcement followed an arduous 11-month endeavor by the management, advisors, and stakeholders to steer...
California Proposes Crypto ATM Regulations Amid Rising Fraud
In a bid to curb the rising tide of fraudulent activities, California lawmakers have introduced a measure termed "Digital Financial Asset Transaction Kiosks." The measure advocates for a daily withdrawal limit of $1,000 from cryptocurrency ATMs. Furthermore, the bill...
Magic Eden Halts BRC-20 Trading Temporarily Amid Ordinals Expansion
On October 22, 2023, the decision was made by Magic Eden, a multi-chain NFT marketplace, to temporarily prohibit the trading of BRC-20 tokens in order to guarantee the maximum degree of safety possible for its consumers. This decision will continue to be implemented...
New Bitcoin Lightning Network Vulnerability Exposed: The Replacement Cycling Attack
A recent revelation on the Lightning Network vulnerability known as a “replacement cycling attack” has prompted notable security researcher and developer, Antoine Riard, to step down from his role on the Lightning Network development team. The disclosure of this...
FinCEN Issues Alert to Counter Financing to Hamas and its Terrorist Activities
The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued an alert on October 20, 2023, aimed at assisting financial institutions in identifying funding streams that support the terrorist organization Hamas. This move comes after a...
Microsoft’s AI Revolution: CEO Satya Nadella Unveils Bold Tech-infused Vision
Microsoft's Chairman and CEO, Satya Nadella, recently penned his annual letter, unveiling the technology behemoth's vision to drive a new era dominated by Artificial Intelligence (AI). The detailed discourse, shared on October 20, 2023, via LinkedIn, articulates the...
Coinbase’s Base Bootcamp Launches to Address Onchain Developer Shortage
Base, Coinbase's Ethereum layer-2 network, has announced the beginning of Base Bootcamp, an eight-week, cohort-based program with the goal of converting experienced software engineers into smart contract developers. Base Bootcamp will focus on teaching participants...
Singapore High Court Approves iSanctuary’s Use of NFTs for Financial Investigations
The Singapore High Court's decision to allow iSanctuary to attach NFTs to cold wallets involved in a financial hack marks a significant legal milestone. These NFTs, known as SoulBound tokens, are non-transferrable and will be permanently linked to the wallets in...
Long-term Dormant Ethereum ICO Participant Activates $3.2 Million Worth of ETH
A participant of the initial coin offering (ICO) for Ethereum has emerged from an 8.2-year hiatus, transferring their entire stash of 2,000 ETH, valued at $3.2 million, to four distinct addresses. This event occurred on October 21, 2023, as reported by Lookonchain via...
Greece Establishes High-Level Advisory Committee for Artificial Intelligence Strategy
Kyriakos Mitsotakis, the Prime Minister of Greece, made the announcement on the establishment of a High-Level Advisory Committee for Artificial Intelligence (AI) on October 19, 2023. The purpose of this group is to get Greece ready for the tremendous breakthroughs...
IBM Unveils NorthPole: An Energy-Efficient AI Chip Prototype
In the contemporary data-driven world, the quantum of data processed and transmitted globally every day is staggering. However, the energy requisites for such processes are significant, propelling the necessity for energy-efficient gadgetry. Recently, researchers led...
Chamber of Digital Commerce Joins Forces to Counter SEC’s Lawsuit Against Binance.US
A concerted effort is underway to defend against the lawsuit filed by the United States Securities and Exchange Commission (SEC) against Binance. This lawsuit, rooted in allegations dating back to at least July 2017, claims that Binance, under the stewardship of CEO...
DTCC to Acquire Securrency, Advancing in Digital Asset Infrastructure
The Depository Trust and Clearing Corporation (DTCC) has solidified its position in the digital asset sphere by confirming its intention to acquire Securrency, a firm renowned for its expertise in digital asset infrastructure development. This acquisition aligns with...
Title: EU Council Adopts DAC 8 Directive to Enhance Tax Oversight on Crypto Transactions.
Prior to December 7, 2021, the council indicated in its report to the European Council that it expects the European Commission to submit a legislative proposal in 2022 on further revision of the directive 2011/16 / EU on administrative cooperation in the field of...
Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development
Circle, a global financial technology firm, has taken steps to simplify blockchain interactions for developers and businesses with the beta launch of two new Web3 Services products: Gas Station and Smart Contract Platform. These new services come as a follow-up to...
Ripple Executives Cleared of SEC Charges in Landmark Decision
Ripple, a major player in the business blockchain and cryptocurrency solution markets, has made an important announcement about a successful court battle. Both of the company's top executives, Brad Garlinghouse and Chris Larsen, were cleared of all allegations brought...
Debunking Overblown Claims on Crypto and Terrorism Financing
In light of the recent terrorist attack in Israel orchestrated by Hamas, Chainalysis, a blockchain analysis company, addresses the misconceptions surrounding cryptocurrency's role in terrorism financing in a blog post dated October 18, 2023. The analysis reveals that...
US Toughens Export Controls on Semiconductors to China Amid Military Concerns
The US Department of Commerce’s Bureau of Industry and Security (BIS) unveiled tightened export controls on advanced computing semiconductors, semiconductor manufacturing equipment, and supercomputing items to nations deemed as "countries of concern", including the...
Fantom Foundation Wallets Compromised in Suspected Chrome Exploit
Fantom Foundation announced that several of their wallets were compromised. Reports confirmed that a number of Fantom wallets were affected earlier today, which involved a loss of approximately $550K in Fantom Foundation funds. However, it's reassuring to note that...
Scroll Launches zkEVM Mainnet | Blockchain News
On October 17, 2023, Scroll, an open-source, community-centric Ethereum scaling solution, unveiled its mainnet, marking a pivotal stride towards augmenting scalability and propelling developer adoption on the Ethereum blockchain. This comes after two years of...
dYdX Transitions to Public Benefit Corporation
In a bid to realign its organizational structure with the broader interests of the web3 community, dYdX Trading Inc. has amended its charter to transition into a Public Benefit Corporation (PBC). This change was publicly announced on 17 October 2023 by Antonio, the...
Bitget U30 Hackathon Recognizes Budding AI and Blockchain Innovators
Bitget, a renowned cryptocurrency derivatives and copy trading platform, celebrated the triumphant teams of its Under 30 Virtual Hackathon on October 16, 2023. This venture is a part of the Blockchain4Youth CSR program aimed at fostering young talents in AI and...
Coinbase Amplifies Anti-Terrorism Financing Measures Through Blockchain Analytics
In an era where digital currencies are gaining traction, ensuring the prevention of their misuse is paramount. On October 17, 2023, Coinbase, a prestigious cryptocurrency exchange, delineated its strategies to combat illicit financial activities, particularly focusing...
Reddit to Discontinue Blockchain-Based Community Points Program
In a bid to prioritize scalable reward programs, Reddit is terminating its blockchain-based Community Points program, a decision that has garnered significant attention in recent days, according to Techcrunch. The system, conceived to incentivize positive engagement...
Animoca Brands subsidiary Darewise Entertainment Secures US$3.5M for Bitcoin Metaverse Ecosystem Token
Darewise Entertainment, a subsidiary of Animoca Brands, announced on 17 October 2023, a successful pre-sale event, accumulating US$3.5 million ahead of its Bitcoin metaverse ecosystem token launch. The funds are slated for the further development of the Bitcoin...
Singapore AGC Launches Tech and Crypto Crime Task Forces
In response to the evolving landscape of technology-enabled crimes, Singapore's Attorney-General's Chambers (AGC) has officially established two specialized task forces this year, according to Lianhe Zaobao. Comprising approximately 20 prosecutors, these units aim to...
WeStreet Credit Union Opens Public Access to Cryptocurrency Trading Portal
In a stride towards embracing digital currency, WeStreet Credit Union, based in Tulsa, Oklahoma, has unveiled a Crypto Portal to facilitate the buying, selling, and holding of cryptocurrencies for its members and the general public. Initially launched in August 2023...
Lido Finance Halts Operations on Solana Following Community Consensus
Lido Finance, a decentralized liquid staking protocol, has decided to cease its operations on the Solana blockchain post a unanimous community verdict. This decision came into light on October 16, 2023, after an extensive dialogue and subsequent community voting...
Exploring the Basel Committee’s Draft on Crypto Asset Exposure
On October 17, 2023, the Basel Committee on Banking Supervision released a consultative document concerning the disclosure of cryptoasset exposures by banks, seeking public feedback until January 31, 2024. The document is accessible on the BIS website. This comes...
Why Multicoin Capital Invested $5.7M in Squads Labs
On October 16, 2023, investment firm Multicoin Capital divulged its latest funding round for Squads Labs, amounting to $5.7 million. This investment surge elevates the total funding for Squads to $12.5 million, marking a significant financial milestone for the core...
BC Technology Group Shares Drop 30%, Company Clarifies OSL Sale Rumor
BC Technology Group Limited, a leading digital asset and fintech firm listed on the Stock Exchange of Hong Kong (SEHK), issued a clarification announcement regarding unusual share price movements and misinformation circulating about the sale of its virtual asset...
Platypus Recovers 90% of Stolen Funds from Recent Exploit
Decentralized finance (DeFi) protocol Platypus has made significant strides in recovering assets stolen in a recent exploit. On 17 October 2023, the protocol announced via its Twitter handle, Platypusdefi, that it had successfully negotiated with the exploiter and...
Animoca Brands subsidiary Forj Unveils $APE Accelerator to Boost ApeCoin Ecosystem
Animoca Brands subsidiary, Forj, has officially opened applications for the inaugural cohort of the $APE Accelerator, an initiative designed to propel the ApeCoin ecosystem forward. The $APE Accelerator is a community-centric Web3 platform funded by the ApeCoin DAO,...
Upbit’s Massive LOOM Transactions Drive Market Fluctuations
Recent market activities indicate a significant movement of LOOM tokens associated with Upbit, a well-known digital asset exchange. Over the past 48 hours, Upbit has escalated the frequency of depositing LOOM to other exchanges, Binance and Bithumb, summing up to over...
Coinhouse Trims 15% Workforce Amid Crypto Sector Challenges
On October 13, 2023, French crypto exchange Coinhouse announced a 15% reduction in its workforce, following in the steps of another French unicorn, Ledger. This move primarily affects the web 3.0 department within the firm. Coinhouse CEO Nicolas Louvet, in an...
Solana Foundation Offers $400k Bounty for Critical Code Discovery
The Solana Foundation is offering a monetary reward of $400,000 to anyone who can identify a code that could potentially halt the Solana network, as revealed by Jacob Creech, Head of Developer Relations at Solana. The announcement came through Creech's Twitter post on...
Web3 Foundation Announces Over $1.1M in Grants Under Wave 19 Program
The Web3 Foundation has recently concluded its 19th wave of grants, dedicating over $1.1 million towards 33 different projects under the Web3 Foundation Grants Program. This wave witnessed a submission of 100 applications, marking the highest in over two years. The...
FTX Announces Proposed Settlement and Amended Plan in Chapter 11 Cases
On October 17, 2023, FTX Debtors made a significant announcement regarding their ongoing Chapter 11 cases, marking a major milestone in their efforts to resolve complex customer property disputes. After extensive discussions involving key stakeholders, including the...
Solana Foundation Forms Strategic Alliance with DMCC Crypto Centre in Dubai
On October 15, 2023, the Solana Foundation announced a significant partnership with the Dubai Multi Commodities Centre (DMCC) Crypto Centre, aiming to bolster the Web3 sector in Dubai—a recognized global hub for cryptocurrency and blockchain innovations. This alliance...
Uniswap V4 Open-Source Directory Sparks Controversy Over New KYC Hook
The unveiling of an open-source directory dedicated to Uniswap v4 hooks has recently incited discord within the cryptocurrency realm. At the heart of the contention is a newly introduced hook, now accessible on this directory. This hook facilitates the execution of...
Crypto Adoption in Latin America: A Tool Against Economic Woes and Authoritarianism
Latin America is carving a unique narrative in the global cryptocurrency landscape, with Venezuela and Argentina standing out due to their distinct socio-economic and political contexts. According to a report by Chainalysis, Latin America ranks seventh in the global...
Upbit Singapore Acquires Preliminary MAS Approval for Major Payment Institution Licence
On October 16, 2023, Upbit Singapore Pte. Ltd. (Upbit Singapore), secured an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) licence, marking a pivotal step in the firm's journey to fortify its digital...
UAE and OKX Unveil Framework for Metaverse Self-Governance
The UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications Office has published a whitepaper on a "Responsible Metaverse Self-Governance Framework" with contributions from OKX, a notable player in the Web3 technology domain....
California Governor Signs Digital Financial Assets Bill, Tightening Crypto Regulations from July 2025
On October 13, 2023, California Governor Gavin Newsom signed Assembly Bill 39, enacting the Digital Financial Assets Law, aimed at establishing a comprehensive regulatory framework for cryptocurrency activities in the state. Set to be effective from July 1, 2025, the...
Cobo Argus Boosts DeFi Strategies Security via Chainlink Price Feeds Integration
On October 12, 2023, Cobo Argus, a fortified on-chain DeFi management solution, announced its integration with Chainlink Price Feeds on the Arbitrum mainnet, bolstering the security and efficiency of its automated DeFi strategies. This integration stems from Cobo...
SoFi Unveils 1% IRA Match to Spur Early Retirement Amid Millennial and Gen Z Aspirations
San Francisco-based digital personal finance company SoFi has announced a 1% match on all eligible Individual Retirement Account (IRA) contributions through its SoFi Invest platform, effective immediately. This initiative aligns with the recent findings from SoFi's...
Google Unveils Batch Calibration to Enhance LLM Performance
Google Research recently introduced a method termed Batch Calibration (BC) aimed at enhancing the performance of Large Language Models (LLMs) by reducing sensitivity to design decisions like template choice. This method is poised to address performance degradation...
Coinbase Calls for Judicial Intervention on SEC’s Inaction
Coinbase's Chief Legal Officer, Paul Grewal, has taken a step towards resolving the ongoing regulatory ambiguity surrounding digital assets. On October 13, 2023, Grewal filed a formal response with the U.S. Court of Appeals for the Third Circuit, urging the court to...
Celestia’s Core Values: Bridging Off-chain Governance with User-centric Network
Mustafa Al-Bassam, the trust-minimization engineer and co-founder of Celestia, elucidated the five cornerstone values governing the social layer of the Celestia network in a comprehensive post on 12th October 2023. These precepts are devised to bolster the...
Sui Network Redirects Additional 40M SUI, Totaling 157 Million
The Sui Foundation has announced a further allocation of 40 million SUI tokens towards its ecosystem and community development, as revealed in a tweet by Sui Network on 14th October 2023. This allocation comes in addition to the 117 million SUI reallocated in the...
US Authorities Uncover Chinese-linked Bitcoin Mining Operations
The discovery of numerous Bitcoin mining operations with ties to China on American soil has flagged serious national security concerns among US authorities. A comprehensive report published by The New York Times on October 13 unveils a substantial presence of Bitcoin...
Mastercard Unveils Interoperable CBDC in Australia
Mastercard, in collaboration with the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC), has unveiled a pioneering solution that fosters the interoperability of Central Bank Digital Currencies (CBDCs) across diverse blockchain...
Google Unveils IP Indemnity for Generative AI Users
On October 13, 2023, Google Cloud's VP Legal, Neal Suggs, and VP of TI Security & CISO, Phil Venables, unveiled an industry-first two-pronged intellectual property (IP) indemnity initiative aimed at safeguarding users of its generative AI services from potential...
Reuters: U.S. Aims to Thwart Chinese Access to AI Chips via Overseas Outlets
The Biden administration is contemplating measures to plug a loophole that has been enabling Chinese firms to acquire U.S. artificial intelligence (AI) chips through overseas channels, as reported by Reuters on October 13, 2023. This move underscores Washington's...
Former Voyager Digital CEO Faces Fraud Charges Amid CFTC and FTC Crackdown
On October 12, 2023, a significant regulatory maneuver unfolded as the Commodity Futures Trading Commission (CFTC) filed a complaint in the U.S. District Court for the Southern District of New York against Stephen Ehrlich, the former CEO of the now-bankrupt Voyager...
STEPN Integrates Apple Music into Web3 App
Apple and STEPN (with a utility token called GST and a governance token called GMT) have announced the integration of Apple Music into the STEPN application, marking yet another milestone in the ongoing partnership between traditional tech juggernauts and emerging...
THORSwap Resumes Operations with Enhanced Security Measures to Combat Illicit Funds Transfer
In light of recent concerns regarding the potential transfer of illicit funds, THORSwap, a decentralized exchange (DEX) powered by the multichain THORChain protocol, resumed operations on October 13, 2023, following a temporary shutdown earlier this month. The...
SEC Chair Gensler Faces Congressional Pressure Over EU Coordination and Lack of Transparency
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is under heightened scrutiny from the House Committee on Oversight and Accountability concerning the SEC's interactions with European Union (EU) bodies on legislative matters. The tension primarily...
Blockstream’s Greenlight Officially Launches, Promising Simplified Lightning Operations
Blockstream, a leading player in the blockchain arena, has officially rolled out Greenlight, its innovative Lightning-as-a-Service (LaaS) solution to the global market on October 12, 2023, following an initial reveal in June. This marks a significant stride towards...
Uniswap Expands Mobile Footprint with Android Wallet Launch
Uniswap, a leading decentralized crypto exchange, has unveiled a beta version of its mobile wallet for Android devices on October 12, 2023, as announced in a recent blog post. This move follows the successful launch of its iOS mobile app on April 13, 2023. The iOS...
Ex-CEO of Investment Firm Pleads Guilty to Cryptocurrency Fraud Scheme
Peter Kambolin, the former CEO of a Miami-based investment firm, Systematic Alpha Management LLC (SAM), pleaded guilty on October 11, 2023, to a fraudulent scheme involving cryptocurrency futures contracts, as announced by the United States Department of Justice (DOJ)...
FTC Settles with Voyager Digital Over Misleading FDIC Claims, Former CEO Charged
The Federal Trade Commission (FTC) on October 12, 2023, disclosed a settlement with the beleaguered cryptocurrency firm, Voyager Digital, post allegations of misleading consumers regarding the safety of their deposits. The settlement emerges amid a broader crackdown...
Terraform Labs Seeks Citadel Securities’ Trading Data amid SEC Lawsuit
Terraform Labs Pte. Ltd. (Movant), has filed a motion to compel market maker Citadel Securities, LLC to divulge crucial trading data. This data, pertinent to a third-party subpoena, is deemed critical for Terraform Labs' defense against a lawsuit initiated by the U.S....
Report: OKX Ventures Boosts Ecosystem with Investments in Aark Digital, dappOS, and 0xScope
In a recent recap, OKX Ventures sheds light on its proactive steps toward fortifying the crypto ecosystem through strategic investments in innovative projects like Aark Digital, dappOS, and 0xScope, amidst a burgeoning crypto industry. OKX Ventures, in its September...
SBI Invests $15 Million into Alpaca, Forges Partnership
On October 12, 2023, Alpaca, a comprehensive global brokerage platform based in San Mateo, California, made public its strategic alliance with Japan's financial behemoth SBI Holdings (SBI). This partnership has been further cemented with a USD15 million investment...
FTX’s $477 Million Heist: A Trail of Blockchain Clues Unearthed
In the shrouded realm of blockchain, the FTX hack that transpired on November 11, 2022, stands as a glaring testament to the cryptic trails a nefarious act can leave behind. The Bahamas-based cryptocurrency exchange, FTX, fell prey to an unidentified hacker who made...
Craig S Wright Challenges Cypherpunk Interpretation of Bitcoin
Dr. Craig S Wright, the Chief Scientist at nChain and a self-proclaimed creator of Bitcoin, elucidated his perspective on the cypherpunk movement's misinterpretation of Bitcoin through a tweet on October 12, 2023, referencing a blog post he authored on October 11,...
Stars Arena Recovers Majority of Stolen Crypto
Web3-based social media platform, Stars Arena, has made a significant recovery of the crypto assets lost during a security breach on October 7, 2023. As per the update shared on October 11, 2023, via a tweet, the platform successfully reclaimed approximately 90% of...
Bitget’s Gracy Chen Praises Binance’s Copy Trading Launch
Crypto copy trading is gaining traction among major cryptocurrency exchanges, a trend noted by Gracy Chen, the Managing Director of Bitget, a pioneering platform in this arena. The surge of interest in copy trading among the crypto community is evidenced by Binance,...
U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation
A group of seven U.S. Senators, including prominent figures Elizabeth Warren and Bernie Sanders, submitted a letter to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel. This letter voiced the Senators' concerns regarding a significant delay in...
Curve Founder Michael Egorov Withdraws Near 12 Million CRV Tokens
Michael Egorov, the founder of decentralized finance (DeFi) platform Curve Finance, withdrew nearly 12 million CRV tokens (11.85 million to be precise), equivalent to $5.08 million, from the platform's vesting contracts. The disclosure was made by Scopescan on its...
Bitfinex Unveils Zero-Fee P2P Trading in Argentina, Colombia, Venezuela
On October 11, 2023, Bitfinex, a leading digital asset trading platform, disclosed the initiation of a zero-fee trading facility for market takers on its Peer-to-Peer (P2P) platform in Argentina, Colombia, and Venezuela. This development follows the recent...
Platypus Finance Suffers Exploit Resulting in Over $2M Loss
On 12th October 2023, a notable incident occurred within the decentralized finance (DeFi) sector as the protocol Platypus Finance on the Avalanche blockchain faced an exploit. The exploit led to a loss surpassing $2 million, triggering a surge of concern within its...
WEMIX and Mirana Ventures Fuel Chinese Blockchain Gaming with $30M Fund
In a concerted move to bolster the blockchain gaming sphere in China, Singapore-based WEMIX PTE. LTD., a subsidiary of WEMADE, has strategically invested in five Chinese game developers, according to GlobeNewswire. This investment was channeled through a specialized...
Bitfinex and Polygon zkEVM Facilitate Tether Gold Transactions
On Wednesday, October 11, 2023, cryptocurrency exchange Bitfinex announced the enablement of Tether Gold (XAUt) transactions through the Polygon zkEVM transport layer. The new functionality, which became effective from 03:00 PM UTC on the said date, allows Bitfinex...
Report: TON and Telegram Forge Alliance in Q3 2023
According to Report, the Open Network (TON) Ecosystem witnessed a momentous Q3 2023, marked by extensive user engagement, product launches, and a remarkable alliance with Telegram. The quarter's highlights reflect a vibrant growth trajectory for TON, encapsulating a...
Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week
After making a statement on the 10th of October 2023 outlining changes in its operational emphasis, the blockchain technology company Parity Technologies, which is the service provider behind the Polkadot (native token: DOT) blockchain, is said to have let go of more...
FCA Restricts Rebuildingsociety.com, Impeding Binance’s UK Compliance Efforts
The Financial Conduct Authority (FCA) of the United Kingdom has imposed restrictions on the peer-to-peer lending platform Rebuildingsociety.com Ltd (Ref. No. 656344), which had recently formed a partnership with crypto exchange Binance for compliance with local...
Cyprus Tightens Crypto Regulations with Hefty Penalties for Non-Compliance
Cyprus is set to introduce stringent penalties for unregulated cryptocurrency service providers (CSPs), according to the Cyprus Mail. The government has submitted a legislative amendment to the "Prevention and Suppression of Money Laundering Law," aiming to align the...
Islamic Coin Plunges 100%, PeckShield Alerts
PeckShield, a blockchain security company, alerted the crypto community about a significant dip in Islamic Coin’s value on the BNB chain. According to a tweet by PeckShield's alert handle, the coin plummeted by a staggering 100%, with a transaction swapping...
Circle Launches Native USDC on Polygon
USDC has been natively introduced on the Polygon Proof of Stake (PoS) network, eliminating the necessity for bridging. With this update, both developers and users can now access USDC directly on Polygon PoS. The integration is facilitated through full support from...
GDAC Exchange Heist Perpetrator Begins Moving Stolen Funds
The hacker responsible for the theft of $13 million from the GDAC exchange on April 9, 2023, has initiated the movement of the stolen funds. This information comes courtesy of a MistTrack Alert posted on Twitter on October 11, 2023. The South Korean cryptocurrency...
South Korean Crypto Exchanges Reveal ‘Compensation Reserve Funds’; Upbit Leads with KRW 20 Billion
In light of the significant regulatory strides taken by South Korea in the cryptocurrency domain, the disclosure of 'Compensation Reserve Funds' by domestic crypto exchanges emerges as a resonating move toward bolstering financial safeguards in the burgeoning digital...
Fidelity Reiterates Bitcoin’s Unique Value as a Primary Investment Choice
Identifying assets with enduring value remains a pivotal concern for investors. Recently, Fidelity Digital Assets shed light on the distinct stature Bitcoin holds among digital assets, endorsing it as a primary consideration for investors. This narrative was further...
Coinbase Legal Chief Urges Swift US Crypto Legislation Amid Israel-Hamas Tensions
Paul Grewal, the Chief Legal Officer at Coinbase, voiced a strong stance against funding malicious entities through cryptocurrencies in a series of tweets on October 11, 2023. His tweets come amidst escalating geopolitical tensions involving Israel and the terrorist...
Islamic Coin Launches Community Rewards on Haqq Network
Islamic Coin (@Islamic_Coin), a Shariah-compliant digital asset ecosystem operating on the Haqq Network blockchain, has introduced a Community Rewards program. This initiative, announced on October 11, 2023, is designed to appreciate and engage the community which has...
Uniswap Foundation Seeks Additional $46.2M Funding for Next Two Years of Operations
Uniswap Foundation has initiated a governance proposal to secure additional funding of $46.2 million for the next two years of its operations, through an on-chain vote. The foundation's revised proposal follows a Temperature Check and aims to facilitate its...
Legal Team of Samuel Bankman-Fried Seeks to Question Involvement of FTX Lawyers in $300 Million Loans
On October 9, 2023, the legal team of Samuel Bankman-Fried, represented by COHEN & GRESSER LLP, submitted a letter to U.S. District Judge Lewis A. Kaplan. The letter was filed in response to the court's October 1 order, which provisionally restricted the defense...
Polkadot Reports Q3 Growth: New Parachains, Staking Metrics, and Technical Upgrades
Polkadot's ecosystem saw significant expansion in Q3 2023, with the addition of five new parachains, a rise in staking metrics, and major technical upgrades. The total volume of staked DOT increased to 663 million, and the platform recorded more than 190 million...
MicroStrategy’s Debt Dilemma: A Balancing Act Between Bonds and Bitcoin
The behavior of MicroStrategy in borrowing money to purchase Bitcoin has stirred quite a controversy. Adam Cochran, a partner at CEHV and a known figure in the crypto space, recently dissected the precarious financial position of MicroStrategy, a company headed by...
Coinbase Rolls Out AI-Driven ERC-20 Scam Token Detection System
Coinbase's Chief Legal Officer, Paul Grewal, recently shed light on how their Engineering team is harnessing Artificial Intelligence (AI) to root out ERC-20 scam tokens.This innovation was disclosed on October 6, 2023, by Yifan Xu, Indra Rustandi, Yao Ma, and Vijay...
Flow Blockchain Proposes Full EVM Equivalence to Enhance Composability and Usability
Flow blockchain, under the aegis of Dieter Shirley, co-creator of CryptoKitties and Chief Architect of Flow, has floated a proposal to integrate Ethereum Virtual Machine (EVM) on its platform, aiming for full EVM equivalence. This move is designed to bridge the...
U.S. Prosecutors Aim to Sideline Asset Recovery Talks in Bankman-Fried Trial
The U.S. prosecution team has issued a formal request to the United States District Court, Southern District of New York, seeking to preclude the defense from introducing arguments or evidence concerning the current value of specific investments in the trial against...
Ethereum Foundation Suffered from MEV Bot Attack in Eth Selling
The recent exploit faced by the Ethereum Foundation on the decentralized finance (DeFi) platform Uniswap V3 casts a spotlight on the burgeoning issue of Sandwich attacks orchestrated by MEV (Miner Extractable Value) Bots within the blockchain and cryptocurrency...
Alameda Research Minted Over $39 Billion USDT, Amounting to Nearly Half of Tether’s Circulating Supply
A recent disclosure by Conor Grogan, Director at Coinbase, unveiled a noteworthy involvement of Alameda Research in the minting of Tether (USDT) tokens. Through meticulous on-chain data analysis, it was found that Alameda was responsible for minting a massive $39.55...
U.S. Lawmakers Urge Stricter Export Controls on Advanced Semiconductors to China
Two senior Republican members of the U.S. House of Representatives have called on the Biden administration to tighten export controls on advanced semiconductors to China. The lawmakers, Michael McCaul and Mike Gallagher, chairmen of the House Foreign Affairs Committee...
DWF Labs Co-founder Andrei Grachev Announces Financial Partnership with DMCC
On October 8, 2023, Andrei Grachev, the co-founder of DWF Labs, divulged a significant partnership between his firm and the Dubai Multi Commodities Centre (DMCC) via Twitter. This alliance is poised to enhance the financial ecosystem within DMCC, as DWF Labs commits...
Ethereum Foundation’s 1.7K ETH Sale Signals Potential Price Downturn
Ethereum Foundation's Sale Raises Red Flags On October 9, 2023, blockchain analytics platform Scopescan reported that the Ethereum Foundation sold 1,700 ETH, equivalent to approximately $2.76 million, for USDC. The transaction was confirmed by the Ethereum...
Nansen CEO Predicts Six Key Trends in Crypto
In a recent Twitter thread, Alex Svanevik, the CEO of Nansen.ai, delved into six key trends he believes will significantly impact the cryptocurrency landscape in the coming cycle. The detailed thread, posted on October 6, 2023, underscored the blending of fintech with...
Hacking Attempts on Upbit Surge to 159,061 in First Half of 2023
Hacking attempts on South Korea's largest cryptocurrency exchange, Upbit, have surged to 159,061 in the first half of 2023, according to data submitted to the National Assembly. The figure represents a 2.17-fold increase compared to the same period last year. Lawmaker...
Stars Arena Tightens Security Following $3M Exploit
In the wake of a damaging security breach that saw a loss of nearly $3 million, Stars Arena, an Avalanche-based Web3 social media application, has taken significant steps to bolster its security infrastructure and restore users' trust. Following the exploit on October...
SlowMist Report: 10 Crypto Incidents Unveiled
The blockchain and cryptocurrency domain continues to battle against a variety of security threats, as elucidated in the SlowMist Weekly Security Report for the period October 1 - October 7, 2023. The report sheds light on ten distinct security incidents impacting...
Ripple CTO Advocates for Community Consensus on XRP Ledger’s AMM Feature Integration
David "JoelKatz" Schwartz, the Chief Technology Officer at Ripple, has been actively engaging with the community regarding the integration of an Automated Market Maker (AMM) feature on the XRP Ledger (XRPL). Through a series of posts on the social media platform X...
HTX Hacker Returns Stolen Ether, Rewarded with Bounty
Huobi Global's cryptocurrency exchange HTX encountered a significant security breach on September 25, when one of its hot wallets was compromised and drained of 5,000 Ether (ETH), which was valued at approximately $8 million at the time. This incident was part of a...
Kraken Amplifies European Footprint with BCM Acquisition
Kraken, a renowned cryptocurrency exchange based in the United States, has unveiled its strategic plan to acquire Coin Meester B.V. (BCM), marking a significant stride in bolstering its European presence. This acquisition, anticipated to fortify Kraken's stance in the...
Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus Overhead
Vitalik Buterin, the founder of Ethereum, has recently proposed a series of changes aimed at improving the network's staking model. The primary objectives are to enhance decentralization and reduce the computational burden on the consensus layer. The proposal comes as...
HKPF and SFC Form Joint Working Group to Tackle Illicit Activities in VATPs
The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have established a dedicated working group aimed at enhancing collaboration in monitoring and investigating illegal activities related to Virtual Asset Trading Platforms (VATPs). The...
SEC Files Application to Compel Elon Musk’s Compliance with Subpoena
In the application, the SEC outlines its ongoing investigation into Elon Musk's 2022 acquisition of Twitter shares, as well as his subsequent statements and filings with the Commission. The SEC initially served Musk with a subpoena in May 2023, requiring him to appear...
Sui Foundation Reallocates 117M SUI to Bolster Network Growth
The Sui Foundation disclosed today that it will redirect 117 million SUI tokens from external market makers into various channels aimed at fostering the Sui Network's growth. This Layer 1 blockchain network launched its mainnet in May and has since been recognized for...
DOJ Targets SBF’s Jets for Forfeiture
According to a document that was submitted by the United States Department of Justice (DOJ) on October 4, 2023, two luxury aeroplanes worth several millions of dollars that are held by Samuel Bankman-Fried are now potentially vulnerable to forfeiture. The petition...
CMCC Global’s Titan Fund Secures $100M for Asian Blockchain Ventures
Titan Fund, which is managed by CMCC Global, has closed its inaugural investment round on October 4, raising $100 million with the involvement of over 30 investors. Among the prominent investors are the blockchain startup Block.one, the Pacific Century Group, owned by...
Cross-Chain Crime Hits $7B: North Korean Ties Unveiled
Elliptic, a reputable blockchain analytics entity, shed light on the expanding realm of cross-chain crime. Their 2023 report, 'The State of Cross-chain Crime,' delineated that an alarming $7 billion of illicit or high-risk funds have been navigated through cross-chain...
Google Assistant to Integrate Bard AI for Enhanced Capabilities
Bard, Google's powerful artificial intelligence chat service, is going to be included into Google Assistant so that it can provide a wider variety of features. The news was shared on social media on October 4, 2023, by the Made by Google team, which served as the...
HKEX Introduces Synapse: A New Settlement Acceleration Platform for Stock Connect
Stock Connect is a mutual market access programme that connects Mainland Chinese markets with Hong Kong markets. The most recent addition to Stock Connect is called HKEX Synapse. The platform intends to standardise and simplify post-trade operations, with the end goal...
Long-Term Bond Slump Mirrors Historic Stock Market Crashes, Stirs Investor Concerns
The recent precipitous decline in long-term bonds has brought about a flurry of discussions among the investor and financial analyst communities, drawing notable parallels with some of the most infamous market downturns in history. Bonds with a maturity of 10 or more...
Friend.tech Users Lose $385K in Ether to SIM-Swap Scammer
On October 5, 2023, a blockchain investigator by the name of ZachXBT stated that a single scammer had stolen 234 ETH, which is roughly comparable to $385,000, from four customers of Friend.tech over the course of a single day. A SIM-swap assault was carried out by the...
a16z Leads Blackbird’s $24M Series A Funding to Elevate Dining Experiences Through Web3
In the heart of New York City, where a culinary adventure awaits at every corner, a new endeavor is brewing that aims to redefine the dining experience for restaurateurs and patrons alike. This aspiration is embodied by Blackbird, a venture that is stepping into the...
Immutable’s zkEVM Marches Towards Mainnet with a Series of Milestones
According to official Twitter account, Immutable has set the stage for gaming on the Ethereum blockchain with its recently launched zkEVM Testnet, accentuated by the involvement of @0xPolygonLabs. The progress is underscored by over 50 games that have earmarked their...
Polygon 2.0 Takes Major Step with POL Contracts on Goerli Testnet
Three weeks after a Polygon Improvement Proposal (PIP) detailed the specifications for POL, the contracts have been deployed on the Goerli testnet. This is a significant milestone towards the full implementation of Polygon 2.0. The deployment is the culmination of...
FTX Issues Fresh Warning on Phishing Emails and Scam Sites
Cryptocurrency exchange FTX has issued a renewed public warning about phishing emails and scam sites that are designed to impersonate its Debtors' portal. The alert was disseminated via the company's official Twitter account on October 5, 2023. In the tweet, FTX...
dYdX Chain Audit Reveals Zero Critical Issues, Confirms Informal Systems
Decentralized exchange platform dYdX has successfully undergone a full security audit of its Chain code, conducted by Informal Systems. The news was announced on dYdX's official Twitter account and later reposted by the company's founder, Antonio. The audit aimed to...
Yield Protocol and Utopia Labs Announce Wind-Down
Yield Protocol Cessation The team behind Yield Protocol has announced the discontinuation of their service post a collective dialogue with relevant stakeholders. The March 2024 fixed rate series will not see a launch, as declared on their official channel dated 17...
Sygnum Singapore Secures MPI License from MAS
Sygnum Singapore's announcement on 3rd October 2023 concerning its acquisition of a Major Payment Institution Licence (MPIL) from the Monetary Authority of Singapore (MAS) echoes a burgeoning narrative of regulatory evolution in the city-state's digital asset sector....
Global Microfinance Market Projected to Reach $506 Billion by 2030
The global microfinance market has shown consistent growth prospects from 2014 to 2030, according to ResearchAndMarkets. The report focuses on lending activities by both banks and non-bank entities, targeting small enterprises, solo entrepreneurs, and...
Coinbase CLO Responds to SEC’s Opposition
Paul Grewal, the Chief Legal Officer of Coinbase, took to Twitter on October 4, 2023, to address the U.S. Securities and Exchange Commission's (SEC) recent filing against the company. The SEC has opposed Coinbase's motion to dismiss the case against it, a move that...
BETA, BOND, WTC, and XEM Added to Binance’s Monitoring Tag List
Binance has expanded its Monitoring Tag list to include Beta Finance (BETA), BarnBridge (BOND), Waltonchain (WTC), and NEM (XEM) as of October 4, 2023, according to Binance official blog. The Monitoring Tag serves as a risk indicator for tokens with elevated...
Ripple Gains Major Payments Institution License from Singapore’s Monetary Authority
Ripple's Singapore subsidiary, Ripple Markets APAC Pte Ltd, has successfully secured its MPI license for digital payment tokens (DPTs) from the MAS. The license comes on the heels of the regulatory body's in-principle approval of Ripple's application in June 2023....
GSR Secures Major Payment Institution Licence from Singapore’s MAS
GSR Markets Pte. Ltd., the Singaporean subsidiary of global cryptocurrency trading firm GSR, has received In-Principle Approval for a Major Payment Institution licence from the Monetary Authority of Singapore (MAS). Announced on October 2, 2023, this regulatory...
Bitcoin Miner Bitfarms Mines 411 BTC in September 2023
Bitfarms, a Canadian Bitcoin mining firm listed on NASDAQ and TSX under the ticker BITF, reported mining 411 BTC in September 2023, a 7.3% increase from August 2023. The company sold 362 of the mined BTC, generating total proceeds of $9.5 million. The remaining BTC...
Binance Collaborates with Royal Thai Police to Disrupt Criminal Networks
Binance has recently come into collaboration with the Royal Thai Police to aid in the disbanding of major crypto fraudulent networks in Thailand, according to Binance official blog. Through two significant operations, the collaborative efforts have led to the arrest...
Binance and CEO Changpeng Zhao Face Class-Action Lawsuit Over Alleged Market Manipulation Targeting FTX
On October 2, 2023, plaintiff Nir Lahav filed a class-action lawsuit in the District Court of Northern California against Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings Inc., and CEO Changpeng Zhao. The lawsuit accuses Binance and Zhao...
Solana Co-founder Labels Ethereum ‘Bourgeois Digital Tyranny
In a fiery discourse on Twitter between 1st and 2nd October 2023, Anatoly Yakovenko, co-founder of Solana Labs, robustly defended the accessibility and inclusivity of the Solana network, engaging in a series of tweets that delved into the philosophies underpinning...
Precedent Trial of SBF Engrosses Coinbase Executives as FTX Faces Judicial Scrutiny
On the morning of October 4, 2023, a significant legal event will unfold as Judge Kaplan begins the criminal trial against Sam Bankman-Fried (SBF), a name that has become synonymous with the crypto exchange FTX. The anticipation surrounding the trial has caught the...
Grayscale Partners with NYSE Arca to File for Spot Ethereum ETF Conversion
On October 2, 2023, NYSE Arca and Grayscale Investments took a significant step in the regulated crypto investment landscape by filing Form 19b-4 with the SEC. The aim is to convert Grayscale Ethereum Trust (OTCQX: ETHE) into a spot Ethereum ETF. "As we file to...
Uniswap Launches on Moonbeam Network, Extending to Polkadot
Uniswap's V3 contracts have found a new home on the Moonbeam Network, a leading destination for multi-chain applications on Polkadot. With over $3 billion in Total Value Locked (TVL), Uniswap is a giant in the decentralized exchange (DEX) sphere. This integration, a...
IMF Proposes Framework to Assess Crypto Asset Risks
A recent working paper by the International Monetary Fund (IMF) titled "Assessing Macrofinancial Risks from Crypto Assets" has shed light on the complexities and potential risks in the rapidly growing crypto sector. The paper serves as a comprehensive guide for...
Hong Kong’s Crypto Rise: Harbinger for China?
Eastern Asia has seen its cryptocurrency market dynamics shift significantly, with a notable decline in crypto activity over recent years, primarily attributed to China's restrictive stance. However, a wind of change may be blowing from Hong Kong, as the region...
Google Cloud Becomes Validator on Polygon’s PoS Network
On September 29, 2023, Google Cloud made a significant move by joining Polygon's Proof of Stake (PoS) network as a validator. The development was confirmed by both Polygon Labs and Google Cloud Singapore through their respective Twitter accounts. Google Cloud will...
Microsoft Ventures into Nuclear Energy to Power AI Development
To further its efforts in the field of artificial intelligence (AI), software giant Microsoft is venturing into the potentially dangerous world of nuclear power. The IT giant has signalled a strategic effort to establish an energy strategy based on Small Modular...
Paradigm Challenges SEC’s Authority in Lawsuit Against Binance
On September 29, 2023, Paradigm filed an amicus brief in the ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and Binance, a leading cryptocurrency exchange. Paradigm is not an investor in Binance and has no direct financial interest in the...
FTX Japan Launches Blockchain-based Proof of Solvency to Enhance Transparency and Security
In an effort to enhance transparency and bolster the trust of its customers, FTX Japan has unveiled a blockchain-based technology known as Proof of Solvency (PoS). This initiative was announced by Seth Melamed, the COO of FTX Japan, through a series of tweets on...
Ethereum’s Layer 2s Break New Ground in Scalability
Ethereum has marked a commendable 22% upsurge in its value as of September 2023, surpassing many substantial smart contract blockchains, according to Will Ogden Moore's article on Grayscale blog. The escalation is significantly credited to the advent of Layer 2...
Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked
Top-performing Ethereum Layer 2 solutions like Arbitrum, Optimism, and BASE have outpaced prominent Ethereum competitor Layer 1 blockchains such as Solana and Avalanche in terms of total value locked (TVL) as of September 25, 2023, according to Grayscale. This shift...
NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot
The National Bank of Georgia (NBG) is propelling forward with its Central Bank Digital Currency (CBDC) venture, dubbed the Digital GEL Pilot Project. The bank is now in the phase of scouting for a singular technology ally to facilitate the Limited Access Live Pilot...
Friend.Tech Boosts Security with CoolWallet on Base Chain
Friend.tech, a decentralized social media platform operating on Base's Ethereum layer-2 chain, has been a significant contributor to Base's recent growth. Base is a secure, low-cost, builder-friendly Ethereum layer-2 chain designed by Coinbase to bring the next...
VanEck Pledges 10% of Ethereum ETF Profits to Protocol Guild
VanEck, a notable investment management firm, has committed to donating 10% of the profits from its Ethereum Strategy ETF (EFUT) to Protocol Guild for a minimum duration of ten years. This declaration came ahead of the anticipated launch of the ETF, symbolized as...
Coinbase Secures Major Payment Institution License from Singapore’s Monetary Authority
Coinbase Singapore announced on October 1, 2023, that it has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license follows the company's initial "In Principle Approval" and signifies Coinbase's commitment to...
nChain CEO Departs Accusing Dr. Craig Wright of Fraud
Christen Ager-Hanssen, the Group CEO of blockchain technology company nChain, has announced his resignation, effective immediately. Ager-Hanssen took to social media on September 30, 2023, to detail the reasons behind his departure, highlighting a series of serious...
Alpaca Debuts Private Equity Real Estate
According to a press release on September 29, 2023, the alternative investments management company Alpaca of New York presented its Alpaca Real Estate (ARE) private equity real estate platform to the public for the first time. The platform's first foray into the real...
OpenTrade and WOO X Unite to Offer Tokenized T-Bills to Asian Investors
On September 29, 2023, OpenTrade, a notable platform bridging traditional financial markets with digital asset realms, declared a strategic collaboration with WOO X, enabling its user base to tap into tokenized Treasury Bills (T-Bills) and avail USDC-collateralized...
Attorneys for Ex-FTX CEO Samuel Bankman-Fried Challenge Proposed Jury Questions Ahead of Fraud Trial
In a recent legal document filed, attorneys for the former CEO of cryptocurrency exchange FTX, Samuel Bankman-Fried, have raised objections regarding the proposed jury questions for the upcoming fraud trial. The document asserts that the government's proposed jury...
SEC Charges FTX Auditor Prager Metis Over Independence Violations
On September 29, 2023, the Securities and Exchange Commission (SEC) announced legal charges against the international accounting firm Prager Metis CPAs, LLC and its Californian counterpart, Prager Metis CPAs LLP (jointly referred to as Prager), for alleged violations...
How Bitcoin will react to US Government Shutdown
Amidst an imminent government shutdown due to Congress's stalled federal appropriations bill for the fiscal year beginning October 1, 2023, the financial sector holds its breath. The potential shutdown's ripple effects are poised to stretch beyond traditional markets,...
DFINITY Unveils $20 Million ICP Asia Alliance to Propel Web3 Adoption
On September 28, 2023, the DFINITY Foundation, a non-profit R&D entity and a significant player in the Internet Computer Protocol (ICP) blockchain sphere, launched the ICP Asia Alliance and initiated a $20 million grant fund to bolster blockchain and AI endeavors...
Circle Launches Circle Research with Perimeter Protocol
Circle has initiated 'Circle Research', a new venture aimed at propelling technical advancements in the realms of cryptocurrency, blockchain, and Web3 through open-source investigation. The launching of Circle Research is seen as a step forward in hastening and...
Five Market Makers Nearing Worldcoin (WLD) Loan Settlement Date
In July, according to EmberCN, when Worldcoin (WLD) launched, it lent a collective sum of 100 million WLD to five market makers to enhance liquidity. According to the terms, these market makers must either return the coins or buy them at a price ranging between $2 to...
FTX Hack Suspect Reactivates Wallet
Blockchain analytics firm Spot On Chain reported a significant movement in a crypto wallet associated with the historic FTX hack on September 30, 2023. The wallet, labeled 0x3e957, transferred 2,500 ETH (approx. $4.2 million) amidst the anticipation surrounding the...
Blockchain Technology Powers Brazil’s National Identity Card Issuance
Brazil initiates the use of blockchain technology in issuing the National Identity Card (CIN), enhancing the security of the new identity issuance process. The shared registration platform, developed by Serpro, facilitates secure data sharing between the Federal...
Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies
Ethereum's co-founder, Vitalik Buterin, in a blog post dated September 30, 2023, delved into the ongoing discourse around protocol enhancements concerning Layer 1 (L1) and Layer 2 (L2) solutions. Initially, Ethereum was driven by a minimalistic approach, focusing on a...
GFT and Thought Machine Partner to Drive Digital Transformation in U.S. Banking
Traditional financial institutions have arrived at a critical crossroads in the course of their digital transformation. They have built up a level of consumer trust that is on par with that of their digital-first rivals. As of the 28th of September in the year 2023,...
SEC Delays Decision on Spot Bitcoin ETFs Due to U.S. Government Shutdown Concerns
The Securities and Exchange Commission (SEC) of the United States has recently announced the postponement of its decision regarding several proposals for spot Bitcoin exchange-traded funds (ETFs). This decision impacts applications from well-known entities such as...
VanEck Announces Launch of Ethereum Futures ETF (EFUT)
VanEck, a renowned player in the financial markets, has unveiled its plans to launch the VanEck Ethereum Strategy ETF (EFUT). This actively managed exchange-traded fund is strategically designed to target capital appreciation through investments in Ethereum (ETH)...
Hong Kong Security Chief Vows to Hunt Down JPEX Crypto Scam Ringleaders
Key Takeaways * Hong Kong Security Chief Chris Tang Ping-keung vows to hunt down ringleaders of JPEX, a crypto platform involved in the city's largest alleged financial fraud. * Police have arrested 15 individuals and seized assets worth HK$85 million ($10.8 million),...
Marathon Digital Admits to Mining an Invalid Bitcoin Block
Key Takeaways * Marathon Digital Holdings confirmed mining an invalid Bitcoin block due to an internal bug during an experiment. * The mishap occurred on Sept 26, stressing Bitcoin's robust network security that rectified the anomaly. Marathon Digital Holdings...
SEC Extends Review Period for ARK 21Shares Bitcoin ETF
Key Takeaways * The U.S. Securities and Exchange Commission (SEC) extends the review period for the ARK 21Shares Bitcoin ETF proposal till January 10, 2024. * The delay follows the regulator's previous postponement, pushing the decision 240 days post the initial...
Neara Secures $24M Series B Boosting Utilities’ Resilience and Renewable Energy Integration
Key Takeaways * Neara clinches $24M in Series B funding, taking the total to $24M with a $10M extension led by Prosus Ventures on September 27, 2023. * The infusion will bolster Neara's AI-driven infrastructure modeling platform advancing natural disaster mitigation...
Coinbase CEO Criticizes Chase UK’s Crypto Transaction Ban
Key Takeaways * Brian Armstrong condemns Chase UK's decision to restrict crypto-related transactions * The move prompts dialogue with UK officials regarding the country's crypto policy * The ban poses challenges for Coinbase's expansion ambitions in the UK Brian...
OpenAI Enables Web Browsing for ChatGPT
Key Takeaways * OpenAI introduces web browsing capabilities for ChatGPT on September 27, 2023. * The feature is immediately available for Plus and Enterprise users. * OpenAI aims to address the existing knowledge gap in ChatGPT with this update. OpenAI, an...
Binance CEO Clarifies Details on CommEx Integration
Key Takeaways * CZ, Binance's CEO, provides clarifications on Binance's association with CommEX. * Cryptocurrency transfers between the platforms are in progress. * Binance's broader compliance strategy leads to its Russian operations' sale to CommEX. CZ's...
Paysafe Halts EUR Deposits for Binance Users: What You Need to Know
Key Takeaways * Paysafe Payment Solutions Limited discontinues EUR deposits for Binance users. * Affected users have until October 31, 2023, to convert EUR balances to USDT. * Multiple Binance services, including Spot Trading and Auto-Invest, impacted. Paysafe...
Metis Proposes Migration to Ethereum Mainnet for Enhanced Data Availability
Metis, a Layer 2 network built on Ethereum, announced a significant proposal on September 27, 2023. The proposal aims to migrate its data availability mechanism back to the Ethereum mainnet by switching from its current off-chain storage layer to its original...
CBDCs on the Rise: What the Decline of Physical Cash Means for Blockchain and Privacy
Key Takeaways * By 2028, only 9% of all payments are expected to be made in physical currency. * Central Bank Digital Currencies (CBDCs) are under development, but their design raises questions about privacy and personal freedom. * Critics argue that digital payment...
Decoding Paradigm’s Vision: Cryptocurrency as the Next Tech Revolution
Key Takeaways Paradigm's recent article discusses the growing adoption and potential of cryptocurrency. Matt Huang, co-founder of Paradigm, uses the metaphor of a "new planet" to describe the crypto landscape. Crypto KOL Splin Teron offers an analysis of Paradigm's...
Gemini Allocates $24 Million for Expansion in India
Key Takeaways Gemini plans to invest INR 200 crore ($24 million USD) in India over the next two years. The investment aims to grow Gemini's development center in Gurgaon, focusing on core platform fundamentals. India's robust startup ecosystem and...
Enabling Innovation in Asset Management: SFC’s Approach
Key Takeaways Christina Choi, Executive Director of Investment Products at the Securities and Futures Commission (SFC), spoke at the Bloomberg Buy-Side Forum Hong Kong 2023. Choi emphasized the role of technology, particularly AI and blockchain, in...
Breaking: Binance Sells Russian Operations to CommEX, Exits Market
Key Takeaways Binance to sell its entire Russia business to CommEX Off-boarding process for existing Russian users to take up to one year Binance cites compliance strategy as the reason for exit Binance, the world's largest cryptocurrency...
Co-Founder of AirBit Club Sentenced to 12 Years for Cryptocurrency Ponzi Scheme
Key Takeaways Pablo Renato Rodriguez, co-founder of AirBit Club, sentenced to 12 years in prison. Rodriguez and co-defendants ordered to forfeit approximately $100 million in assets. Co-defendants await sentencing; previous involvement in pyramid...
Taiwan’s Major Crypto Exchanges Form Association to Align with Upcoming Regulations
Key Takeaways Taiwan's leading crypto exchanges form an industry association ahead of new regulations. The association aims to facilitate dialogue with regulators and integrate the crypto industry. Nine exchanges are currently part of the preparatory...
Web3 Security Losses Skyrocket to $889.26M in Q3 2023, Says Beosin Report
Key Takeaways Web3 security losses in Q3 2023 escalate to $889.26M. North Korean APT group Lazarus emerges as a significant threat, responsible for over $208M in thefts. Ethereum remains the most targeted blockchain, with losses totaling $227M. Alarming Surge in Q3...
Taiwan Regulates Crypto Exchanges, Bans Unregistered Foreign Operators
Key Takeaways Taiwan's Financial Supervisory Commission (FSC) releases new guidelines for Virtual Asset Service Providers (VASPs). Foreign VASPs are prohibited from operating in Taiwan without proper registration. The guidelines were released on...
He Yi Discusses Binance’s Regulatory Strategy Amid Actions Against Binance and Zhao Changpen
Key Takeaways He Yi's public letter provides insights into Binance's stringent compliance measures like KYC, EDD, WCK, and POA. Binance is under investigation by the U.S. Department of Justice's national security division as of May 6, 2023, adding to a...
Mixin Network Urges Hacker to Return Funds, Offers $20M Bug Bounty
Key Takeaways Mixin Network was hacked, resulting in a loss of $200 million in user assets. The company has left a message for the hacker, offering a $20M bug bounty for the return of the assets. The transaction was confirmed on block 18225451, with a...
R3 Highlights the Transformative Potential of Tokenization in Finance
The Promise and Challenges of Tokenization Tokenization, the process of converting real-world assets into digital tokens on a blockchain, is poised to revolutionize the financial industry, according to R3. It promises benefits such as access to new markets, product...
Japan’s JCBA Submits Initial Proposal for IEO Regulatory Reform to JVCEA
Key Takeaways JCBA (Japan Cryptocurrency Business Association) submits initial proposal for IEO (Initial Exchange Offering) regulatory reform to JVCEA (Japan Virtual Currency Exchange Association). The proposal outlines four key agendas aimed at stabilizing the IEO...
Citcon Partners with Cash App Pay and Afterpay to Enhance E-commerce Payment Solutions
Key Takeaways Citcon announces a strategic partnership with Cash App Pay and Afterpay. The collaboration aims to provide e-commerce businesses with a range of payment options. Merchants can integrate these payment methods with minimal effort and benefit from a...
MicroStrategy Acquires Additional 5,445 Bitcoins, Total Holdings Reach 158,245 BTC
Key Takeaways MicroStrategy purchases 5,445 more Bitcoins for approximately $147.3 million. The company now holds a total of 158,245 Bitcoins, acquired at an average price of $29,582 per Bitcoin. The acquisition comes amid a period of relative price stability for...
Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models
Key Takeaways Amazon to invest up to $4 billion in Anthropic. Anthropic gains access to AWS Trainium and Inferentia chips. Amazon acquires a minority stake in Anthropic; governance remains unchanged. Collaboration aims to advance AI safety and research. Strategic...
Legal Team Requests Temporary Release of Samuel Bankman-Fried for Upcoming Trial
Key Takeaways Samuel Bankman-Fried's legal team has submitted a letter to Judge Lewis A. Kaplan, requesting temporary release for their client. The request is based on the need for adequate preparation for the upcoming trial, citing the case's complexity. The letter...
SEC Raises Objections to Celsius Network’s Restructuring Plan Involving Coinbase
Key Takeaways SEC files limited objection against Celsius Network's restructuring plan. Concerns raised over the company's proposed engagement with Coinbase. SEC's ongoing lawsuit against Coinbase cited as complicating factor. Next bankruptcy court hearing scheduled...
Bankless: Solana’s Resilience and Prospects Amid Market Challenges
Key Takeaways Solana has recovered from a 93% market capitalization drop in 2022, showing a resurgence of ~111% year-to-date. Priority fees and network upgrades have improved Solana's uptime to 100% in 2023. The ecosystem is diversifying with new use-cases like...
HK SFC Details JPEX Probe; CEO Affirms Hong Kong’s Web3 Commitment
Key Takeaways Hong Kong's Securities and Futures Commission (SFC) has provided details on its investigation into the unlicensed virtual asset trading platform JPEX. Over 2,000 people have reported being defrauded by JPEX, involving more than HKD 1.4 billion. SFC CEO...
BNB Chain and MetaMask Resolve Glitch Affecting opBNB Gas Fees
Key Takeaways BNB Chain and MetaMask have resolved a glitch that made opBNB's gas fees appear unusually high. The issue was due to MetaMask's default minimum recommendation price for gas, which was not aligned with opBNB's lower gas fees. The corrected algorithm now...
South Korea Targets Crypto Major Shareholders with Proposed Financial Law Amendment
Key Takeaways South Korean lawmaker Yoon Chang-hyun proposes an amendment to scrutinize the criminal records of major shareholders in crypto businesses. The Financial Intelligence Unit (FIU) is also focusing on the eligibility of major shareholders. The amendment aims...
Crypto.com’s $10.5 Million Mistake Leads to Legal Fallout for Australian Couple
Key Takeaways Crypto.com mistakenly transferred $10.5 million AUD to Thevamanogari Manivel's bank account in May 2021. The error was discovered in December 2021 during an annual audit. Manivel has been sentenced to an 18-month community corrections order, while her...
Alipay Facilitates First Digital Cauldron Lighting in Asian Games History
Key Takeaways Alipay, the Official Prestige Partner of the Hangzhou Asian Games, enabled over 100 million digital torchbearers to participate in the first-ever digital cauldron lighting. The digital torchbearer program was part of the Smart Hangzhou 2022 platform....
Suspicious Transactions Linked to Mixin Network Hack Involve Huobi and Binance
Key Takeaways Internal investigation by Cyvers Alerts reveals suspicious transactions involving Mixin Network hacker addresses. Two hacker addresses received 51 ETH from an account that interacted with Huobi Global and Binance. Calls for Huobi Global, Binance, and CZ...
ChatGPT Predicts Solana SOL Price Could Reach $30 Again by the End of 2023
We leveraged our partner's ChatGPT and AI machine learning technologies to predict Solana's future, identifying potential trends for its native SOL token. At present, SOL is trading at less than a tenth of its all-time high of $260, suggesting it may be both oversold...
SlowMist Reports Surge in Diverse Crypto Security Incidents for the Week of September 17-23, 2023
Key Takeaways Total security incidents reported: 7 Estimated financial loss: Approximately $380,600 Notable trend: Increase in phishing attacks and rug pull tactics New attack methods: DNS hijacking, contract vulnerability, and phishing attempts Breakdown of Incidents...
Mixin Network Suffers $200 Million Hack
Key Takeaways Mixin Network's cloud service provider database was attacked on September 23, 2023, resulting in a loss of approximately $200 million. Blockchain security firm SlowMist is assisting in the ongoing investigation. Deposit and withdrawal services on Mixin...
What is ChatPDF? | Blockchain News
Introduction ChatPDF is a specialized platform that utilizes ChatGPT technology to offer advanced PDF processing capabilities. Aimed at a diverse user base including students, researchers, and professionals, the service is engineered to summarize PDF content and...
ChatGPT Forecasts the Likelihood of Ripple XRP Reaching $1 in 2023
ChatGPT, an AI model developed by OpenAI, has recently offered insights into the likelihood of Ripple's XRP reaching the $1 milestone in 2023, with our prompts. While the analysis is data-driven, it's important to clarify that these are not financial recommendations....
Rollbit Shuts Down Degen EXchange and Rollbot.com Amid Regulatory Concerns
Key Takeaways Rollbit announces the closure of Degen EXchange and sister site Rollbot.com. The decision is attributed to "regulatory uncertainty and low adoption." $RLB functionality remains unaffected; the core product and NFT collections will continue. Regulatory...
JPEX Claims 70% of Voting Users Agree to Dividend Scheme; Lawmaker Warns of Debt Risks
Key Takeaways JPEX, a virtual asset trading platform, has initiated a DAO stakeholder dividend scheme. 70% of participating users have reportedly agreed to the scheme. Lawmaker Huang Junshuo warns that converting from creditors to shareholders could entail debt risks....
DWF Labs’ Andrei Grachev Fires Back at GSR Cristian Gil
Key Takeaways Andrei Grachev, head of DWF Labs, and Cristian Gil of GSR.io engage in a public Twitter feud. The exchange has led to discussions about the state of the crypto market and the role of market makers. A Twitter user suggests a "Crypto Fight Night" where the...
Fantom’s Evolution: From Technical Innovations to Ecosystem Expansion
Key Takeaways According to Messari's report, Fantom is a Layer-1 blockchain with smart contract capabilities, focusing on DeFi, NFTs, and gaming. The network uses an aBFT consensus mechanism and an EVM-compatible state machine. Despite market downtrends, Fantom has...
BTC Implied Volatility Drops Post-Weekly Expirations
Key Takeaways BTC implied volatility often decreases after weekly expirations. Samneet Chepal, a crypto derivatives quant trader, observed that 80% of the time, implied volatility (IV) drops 24 hours after Friday's 8 AM UTC expiry. The 'weekend effect' contributes to...
SEC Files Motion Against Terraform Labs and Luna Founder Do Hyeong Kwon
Key Takeaways The U.S. Securities and Exchange Commission (SEC) has filed a motion against Terraform Labs PTE LTD. and Do Hyeong Kwon. The SEC is seeking permission to notice Do Hyeong Kwon's deposition or, alternatively, to preclude the defendants from using a...
Binance CEO CZ Draws on Eleanor Roosevelt Quote to Discuss Market Predictability
Key Takeaways CZ, the CEO of Binance, tweets about the unpredictable nature of markets. The tweet is adapted from a quote by Eleanor Roosevelt. The tweet garners significant attention, with over 355.8K views. Contextualizing Market Unpredictability Changpeng Zhao,...
FTX Customer Claims Portal Update: How It Affects Derivative Positions and USD Balances
Key Takeaways The Customer Claims Portal has been updated to provide more transparency on derivative positions. The initial and amended customer claims schedules filed on March 15, 2023, and June 27, 2023, respectively, differ in how they handle open derivative...
NYDIG Report: Bitcoin Volatility Expected Around ETF Dates, Mt Gox Delays, and Fed Rate Impacts
Key ETF Dates Stir Volatility Expectations in Options Market The options market is signaling potential significant price movements in bitcoin around crucial ETF dates, according to NYDIG weekly report. The forward volatility of at-the-money (ATM) options from October...
Reuters: Federal Reserve Announces Job Cuts
Despite public reassurances about the robustness of the U.S. economy, the Federal Reserve is preparing to downsize its workforce, according to Reuters. The central bank has confirmed plans to eliminate approximately 300 positions by the end of this year. This decision...
NCR Corporation Announces Details of Upcoming Separation
NCR Corporation (NYSE: NCR) has disclosed further details concerning its previously announced separation of its ATM-focused businesses, including Self-Service Banking, Payments & Network, and Telecommunications and Technology sectors. The separation will involve...
SEC Charges Citadel Securities Over Short Sale Regulation Violations
The U.S. Securities and Exchange Commission (SEC) has announced settled charges against broker-dealer Citadel Securities LLC for non-compliance with Regulation SHO, a framework aimed at curbing abusive short selling practices. The regulation mandates broker-dealers to...
Polygon Labs Proposes Celo’s Transition to Ethereum L2 Using Their Chain Development Kit
Polygon Labs has officially proposed a technical upgrade for Celo, suggesting its transition from an independent EVM-compatible L1 to an Ethereum L2. This proposal was made public on September 21, just 9 hours after its initial announcement by SandeepN. The Proposal...
OpenAI Announces Call for Experts to Join its Red Teaming Network
OpenAI has initiated an open call for its Red Teaming Network, seeking domain experts to enhance the safety measures of its AI models. The organization aims to collaborate with professionals from diverse fields to meticulously evaluate and "red team" its AI systems....
Ethereum Developers Discuss Upcoming Testnet and Upgrade Plans
On September 21, 2023, Ethereum's All Core Developers Consensus (ACDC) call #118 was held, as detailed in a write-up by Christine Kim from the Galaxy Research Team. The bi-weekly ACDC calls, chaired by Ethereum Foundation Researcher Danny Ryan, are pivotal for...
Bitmain Commits $54 Million Investment in Core Scientific, Inc. Amid New Supply Contract
At the World Digital Mining Summit, Core Scientific, Inc. (OTC: CORZQ), a North American leader in blockchain computing data centers and software solutions, disclosed a significant investment from Bitmain, the globally recognized manufacturer of digital currency...
Coinbase Addresses Zcash Mining Centralization Concerns
Coinbase's Blockchain Security Team recently identified a significant shift in the Zcash network's hash power distribution. A single mining pool, ViaBTC, was found to control over 51% of the network's computational power, raising concerns about potential security...
EJF Capital Secures $104 Million for EJF Ventures Fund
EJF Capital LLC, a global alternative asset management firm based in Arlington, Virginia, has successfully closed its EJF Ventures Fund LP with capital commitments amounting to approximately $104 million. The fund garnered support from both new and returning...
Exclusive Interview With Agoric Director of Developer Relations
In the rapidly evolving world of blockchain and decentralized applications, Agoric stands out as a beacon for developers looking to transition from Web2 to Web3. But what exactly is Agoric, and why is it making waves in the developer community? In this exclusive...
Crypto Innovations and IBM’s Role in the Evolving Payments Landscape
As the world of finance undergoes rapid digital transformation, the introduction of novel payment methods, including cryptocurrency and the much-anticipated Central Bank Digital Currencies (CBDC), is reshaping the industry. Prakash Pattni, in his recent analysis,...
UK’s 2023 Economic Outlook Report: Inflation Surges, Growth Adjusted Downward
The latest report on the UK's economic forecast for 2023 reveals several pivotal shifts in the nation's financial landscape. Here's what you need to know: GDP Growth The UK's projected GDP growth for 2023 has been adjusted downwards to 2.8%, a dip from the previously...
NGMI (Not Gonna Make It): A Comprehensive Overview
Definition "NGMI" is an acronym that stands for "Not Gonna Make It." Predominantly used within the cryptocurrency and blockchain communities, it refers to individuals, projects, or decisions perceived as unlikely to succeed, often due to hasty or uninformed choices....
OKX Joins Forces with Solana Mobile
Crypto exchange OKX has entered into a partnership with Solana Mobile. This alliance will see the OKX app becoming a part of the dApp store on the Solana Saga smartphone. With this integration, the OKX app is among the early exchange applications available on the...
WisdomTree to Liquidate Five ETFs by October 20, 2023
WisdomTree, Inc. (NYSE: WT), a prominent global financial entity, has declared its intention to close and liquidate five of its ETFs. The ETFs in question will cease accepting creation orders after October 20, 2023, marking the same day as their final trading day on...
Global Cryptocurrency Exchange Platform Market to Hit $110.12 Billion by 2028
The global cryptocurrency exchange platform market is poised for substantial growth, with projections indicating a rise from $45 billion in 2023 to $110.12 billion by 2028. This represents a Compound Annual Growth Rate (CAGR) of 16.08% over the period from 2022 to...
Citi Forecasts Major Shifts in Cross-Border Payments Landscape
Key Takeaways An anticipated surge in cross-border payments, with the value set to rise from nearly $150 trillion in 2017 to over $250 trillion by 2027, marking an increase of over $100 trillion within a decade. The Bank of England's estimation aligns with this...
Coinbase Completes Tender Offer for 3.625% Senior Notes Due 2031
Coinbase Global, Inc. has announced the conclusion of its cash tender offer for its 3.625% Senior Notes due 2031. The offer, which aimed to purchase up to $180.0 million of the notes, excluding accrued and unpaid interest, expired at 11:59 p.m., New York City time, on...
Recharge Capital Appoints Former Bridgewater Associates Singapore Executive, Margaret Wang, as Managing Partner
Recharge Capital, a prominent $6B thematic-first private investment firm, has announced the appointment of Margaret Wang, previously the Executive Director and Head of Bridgewater Associates Singapore, as its new Managing Partner. Wang's primary focus will be on...
Citi Unveils Digital Asset Solutions with Blockchain Integration
Citi Treasury and Trade Solutions (TTS) has launched its new digital asset service, Citi Token Services, aimed at enhancing cash management and trade finance for institutional clients. This innovative service leverages blockchain and smart contract technologies,...
Optimism Announces Third Airdrop Allocations
On September 19, 2023, Optimism, a Ethereum Layer 2 solution, unveiled details of its third airdrop, termed "OP Airdrop #3" on Twitter. The announcement confirmed the allocation of 19 million OP tokens to 31,870 distinct addresses. This move is an effort to...
Unchained Partners with Build Asset Management for Bitcoin-Backed Credit Fund
Unchained, a prominent financial service provider for bitcoin holders, has unveiled a strategic partnership with Build Asset Management, the sponsor of Build Secured Income Fund I. This collaboration is set to focus on investments in Unchained loans. Joe Kelly,...
Binance Launches Referral Promotion for African Users with 17,500 USDT in Token Voucher Rewards
Binance has rolled out a new referral scheme targeting users in the Africa region. The promotion, which runs from September 18, 2023, 11:00 (UTC) to October 2, 2023, 11:59 (UTC), offers participants a chance to share a total reward pool of 17,500 USDT in token...
Aptos Introduces Move Analyzer Plugin for Visual Studio Code
Aptos Network announced the release of its new plugin, the "Aptos Move Analyzer," for Microsoft Visual Studio Code (VS Code) on 16th September 2023. This plugin aims to enhance the development experience for users of the Move programming language. The Aptos Move...
Naspers and Prosus Undergo Key Leadership Transition
Global consumer internet group Prosus (AEX and JSE Share Code: PRX) and its majority owner, Naspers Limited (JSE: NPN), have announced a significant change in their executive leadership. Bob van Dijk, who has been at the forefront as the CEO and Board member of both...
Polkadot’s Chinese Arm, PolkaWorld, Pauses Operations Amid Funding Controversies
PolkaWorld, the Chinese community for Polkadot, recently announced a halt in its operations due to the rejection of its proposal. This marks the first time in its four-year history, since its inception in 2019, that it has had to pause. The changes leading to this...
What is Forefront AI? Everything You Need to Know!
Introduction Forefront AI is a software platform that acts as a service aggregator, primarily integrating advanced natural language processing (NLP) capabilities from ChatGPT and Claude. The platform enhances these foundational services by adding unique features,...
Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control
In a recent update from Paolo Ardoino, the Chief Technology Officer of Tether, it was revealed that Tether is in the testing phase of its new Bitcoin mining platform named Moria. The announcement, made via Ardoino's official Twitter handle on [Date], highlighted the...
Magic Eden Embraces Compressed Solana NFTs
Magic Eden, a leading figure in the NFT marketplace, has unveiled its integration of cNFTs, a pioneering form of NFTs that are exclusive to the Solana blockchain. The term "cNFT" is an abbreviation for "compressed NFTs", underscoring their unique capability to be...
AI Nude Generators: Technology, Tools, and Privacy Concerns
What is AI Nude Generator? An AI nude generator is a sophisticated software application that utilizes artificial intelligence, specifically deep learning models, to digitally "undress" images of individuals. By processing input images, these generators can simulate a...
EY Unveils AI Platform EY.ai After a US$1.4 Billion Investment
The global EY organization has officially announced the launch of EY.ai, a comprehensive platform designed to facilitate the confident and responsible integration of artificial intelligence (AI) into businesses. This initiative is the result of an 18-month development...
CFG Scale in Stable Diffusion: A Comprehensive Analysis
Introduction The CFG Scale, standing for Classifier-Free Guidance Scale, is a pivotal parameter within the Stable Diffusion model. It dictates how closely the generated image mirrors a user's prompt or input image. This tool acts as a fulcrum, enabling users to find...
Core Scientific and Celsius Mining Settle Litigation with Texas Data Center Purchase Agreement
Core Scientific, Inc. (OTC: CORZQ), a prominent player in blockchain computing data centers and software solutions, has entered into an agreement with Celsius Mining LLC, a Bitcoin mining subsidiary of Celsius Network. The deal involves the sale of Core Scientific's...
Japanese Startups Can Now Raise Funds Using Cryptocurrencies
In a recent move to diversify funding methods for startups, the Japanese government has announced regulatory relaxations allowing startups to raise capital through cryptocurrencies, according to Nikkei. This decision comes as part of Japan's efforts to catch up with...
dYdX Founder Foresees 100x Growth in DeFi Derivatives
In a recent tweet, Antonio Juliano, the founder of dYdX, shared his vision for the future of decentralized finance (DeFi) derivatives. Antonio stated, dYdX will lead the growth of DeFi derivatives towards the next 100x. We don’t plan to branch out to other...
CZ Comments on Binance US CEO’s Departure
In a tweet that recently caught the public's eye, Binance's founder, CZ, provided insights into the leadership changes at Binance US. He verified that Brian Shroder, who led Binance US for the last two years, is taking a break. CZ highlighted Shroder's instrumental...
Is Character AI Safe? An In-Depth Analysis
The rise of artificial intelligence has brought forth a myriad of tools and platforms, one of which is Character AI. According to a16z, CharacterAI is ranked 2nd in the top 50 GenAI web products, trailing only ChatGPT. It's a prominent companion platform to ChatGPT,...
Even Mark Cuban Isn’t Immune: CZ’s Essential Guide to Fortifying Your Crypto Assets
In a recent tweet, Changpeng Zhao (CZ), the CEO of Binance, highlighted the vulnerability of even the most seasoned crypto users, referencing the recent incident where entrepreneur Mark Cuban confirmed he was hacked for $870,000 on MetaMask. CZ emphasized the...
BNB Chain Introduces Web3 Verification Tool
In a recent development, BNB Chain has taken a proactive step to combat the increasing threats posed by malicious entities in the Web3 space. On September 14, 2023, the organization announced the launch of a verification tool designed to help users identify and...
Alpha Season 3 Unveiled: My Neighbor Alice Enhances the Gaming Experience
My Neighbor Alice announces the relaunch of Alpha Season 3 to simplify players' access to the game and NFTs. STOCKHOLM-– SEPTEMBER 14, 2023 – My Neighbor Alice, the leading blockchain gaming and NFT company, announces the integration of Venly. This...
Citi Joins BondbloX Bond Exchange as First Digital Custodian
Citi Securities Services announced its pioneering role as the first digital custodian participant on the BondbloX Bond Exchange (BBX). BBX, which was introduced in 2020, is recognized as the world's inaugural fractional bond exchange utilizing advanced distributed...
Banks Embrace Tech to Navigate Economic and Cyber Challenges, ISG Highlights
In an era marked by economic disruptions and cyber threats, global banking and financial services (BFS) firms are increasingly leaning on technology. Their goal? To bolster customer experience and navigate the tumultuous landscape, as outlined in a comprehensive...
Unstable Diffusion: What Does It Truly Mean?
Introduction Unstable Diffusion stands out as the NSFW (Not Safe For Work) counterpart to Stable Diffusion, offering an unrestricted avenue for generating images from text prompts. Comparable to platforms like ChatGPT NSFW and the hypothetical DAN (Do Anything Now)...
a16z: Top 50 Generative AI Revealed; ChatGPT, CharacterAI, Bard, Poe, QuillBot Rank Top 5
Generative AI (GenAI) has been making waves in the consumer space, with ChatGPT leading the charge. Nine months post its release, ChatGPT became the fastest consumer application to achieve 100 million monthly active users. But how are consumers engaging with other...
Circle Partners With Grab for Web3 Pilot in Singapore
Circle Internet Financial (Circle), a global fintech firm, is joining forces with Grab, Southeast Asia's leading super app, to pilot Web3 customer experiences in Singapore. This collaboration will see the integration of Circle's new Web 3 Services platform directly...
SEC Charges Stoner Cats Over NFT Offerings
The U.S. Securities and Exchange Commission (SEC) has taken action against Stoner Cats 2 LLC (SC2), accusing the firm of conducting an unregistered crypto asset securities offering. The offering, which took place in the form of non-fungible tokens (NFTs), was intended...
KuCoin’s Emphasis on Self-Regulation and User Security Highlighted at TOKEN2049
Alicia Kao, the Managing Director of KuCoin, recently participated in the TOKEN2049 panel, shedding light on the evolving challenges and prospects that cryptocurrency exchanges are likely to encounter. During the discussion, Kao underscored the significance of...
Commissioners Dissent on SEC’s NFT Enforcement Action on Stoner Cats 2, LLC
Commissioners Hester M. Peirce and Mark T. Uyeda of the Securities and Exchange Commission (SEC) have expressed their dissent regarding the Commission's recent enforcement action on Stoner Cats 2, LLC's non-fungible token (NFT) settlement. This marks the second time...
Binance Revamps Fiat Liquidity Provider Program with New Eligibility Criteria and Incentives
Crypto Exchange Binance has announced updates to its Fiat Liquidity Provider Program, slated to come into effect from 25th September 2023 at 00:00 (UTC). The newly introduced changes emphasize a shift in the program's review mechanism and incentives offered to...
Central & Southern Asia Lead in 2023 Crypto Adoption, Chainalysis Reports
Central and Southern Asia are emerging as dominant regions in the global grassroots adoption of cryptocurrencies, according to the 2023 Chainalysis Global Crypto Adoption Index released on September 12. Chainalysis, in its fourth annual Global Crypto Adoption Index,...
Cosmos Hub Introduces New Liquid Staking Module and Dashboard Features
Cosmos (ATOM) Hub, an integral blockchain within the Cosmos Network, announced the successful completion of its v12 upgrade. The update introduces the Liquid Staking Module (LSM) that allows ATOM token holders to bypass the previously mandated 21-day unbonding period...
Polygon Solutions to Ethereum Scaling Challenges: An Overview
According to official blog of Polygon Labs, Ethereum's scaling problem isn't a new conundrum, with its history being almost as ancient as Ethereum itself. What makes Ethereum uniquely robust is its steady evolution, ensuring the chain's safety and decentralization....
BNB and Optimism Synergy: opBNB Mainnet Launches with a Vision for a Billion Web3 Users
The highly anticipated opBNB Mainnet has gone live on September 13, 2023. Founded on the pillars of scalability, security, and cheaper transaction fees, opBNB's inauguration is poised to bring another one billion users into the realm of Web3. opBNB is distinguished as...
Galaxy Asset Mgmt Secures FTX Crypto Sale Bid; Weekly Cap Set at $50M
Key Takeaways Galaxy Asset Management winning the bid. The court-approved sale of FTX's crypto assets. The capped sale of $50 million per week. Jeff Dorman, CFA and CIO of Arca, shares updates regarding the court-approved sale of FTX's crypto assets. Contrary to...
Coinbase to Integrate Bitcoin’s Lightning Network: A Deep Dive
Coinbase has announced a significant move that could revolutionize Bitcoin transactions. CEO Brian Armstrong took to Twitter to reveal that Coinbase plans to incorporate the Lightning Network (LN), a secondary payment layer aimed at boosting Bitcoin's transaction...
Coinbase Suspends Trading on 41 Non-USD Pairs
On September 13, 2023, Coinbase Exchange affirmed its decision to suspend 41 non-USD trading pairs. The list encompasses the following: ALCX-USDT, BIT-USDT, BOBA-USDT, BOND-USDT, CLV-EUR, CLV-USDT CTX-EUR, CTX-USDT, DDX-USDT, DIA-EUR, DIA-USDT, DYP-USDT FARM-USDT,...
Chia Network Appoints Noor Menai to Board of Directors
Public blockchain provider, Chia Network, Inc. (“Chia”), known for its commitment to real-world adoption, announced the election of Noor Menai to its Board of Directors effective from today's date. Background on Noor Menai With an illustrious career spanning over 30...
OneCoin Co-Founder Sentenced to Two Decades in Prison Over Multibillion-Dollar Fraud
According to the U.S. Department of Justice (DOJ), Karl Sebastian Greenwood, co-founder of the infamous OneCoin cryptocurrency scheme, has been sentenced to 20 years in prison. The decision was handed down by U.S. District Judge Edgardo Ramos, following Greenwood's...
Swift’s CBDC Connector Enters Beta Testing with Global Central Banks
Swift, the world's leading provider of secure financial messaging services, has announced the beta testing of its innovative Central Bank Digital Currency (CBDC) interoperability solution. This move comes as part of Swift's ongoing efforts to bridge the gap between...
Will the Binance.US CEO’s Resignation Trigger a Domino Effect?
Staffing and Executive Changes Binance.US, the American subsidiary of the global cryptocurrency exchange, has recently undergone significant staffing changes. The company confirmed the departure of its president and CEO, Brian Shroder, who had joined the firm in...
Zodia Custody and Parity Technologies Forge Strategic Partnership for Polkadot Ecosystem
Zodia Custody, a leading digital asset custodian backed by shareholders such as Standard Chartered, SBI Holdings, and Northern Trust, has announced a strategic alliance with Parity Technologies, a software development company passionate about building an inclusive...
Ankr to Introduce Sei Blockchain RPC Connection
Ankr has revealed plans to augment its RPC service by integrating with the Sei blockchain. This development aims to facilitate developers keen on leveraging the Sei platform for the creation of swift and scalable decentralized applications (dApps). The integration...
Bitcoin will Reach $70,000 Soon if the Federal Reserve Cuts Rates
Arthur Hayes, BitMEX's ex-CEO, recently Suggested that a rate cut by the Federal Reserve could propel Bitcoin to the $70,000 mark, simultaneously rejuvenating the US banking sector. This assertion adds another layer to the ongoing debate among investors about the...
Solidus Labs Reports $2 Billion in Wash Trades on Decentralized Exchanges
Solidus Labs, a leading entity in crypto-native trade surveillance and risk monitoring, has recently unveiled that a minimum of $2 billion worth of cryptocurrency has been wash-traded on Ethereum-based decentralized exchanges (DEXs) since 2020. This revelation is part...
Pahdo Labs Secures $15M Series A Funding led by a16z
New York-based game development studio, Pahdo Labs, has successfully raised $15M in a Series A financing round, according to its official blog. The round was spearheaded by Andreessen Horowitz (a16z) and saw participation from Pear VC, BoxGroup, Long Journey Ventures,...
Pepe Coin Shows Bullish Indicators After an 80% Decline
Pepe coin is displaying potential signs of resurgence, after a tumultuous period characterized by an over 80% drop in value and scandals involving insider trading and scams linked to its founder. Technical indicators across different time frames hint at a possible...
Hong Kong and Israel Central Banks Collaborate on Retail CBDC Prototype
The Hong Kong Monetary Authority (HKMA) has joined forces with the Bank of Israel (BOI) and the Bank for International Settlements Innovation Hub (BISIH) Hong Kong Centre to release a joint report on "Project Sela – An accessible and secure retail CBDC ecosystem". The...
Ethereum Layer 2: A Simplified Overview
Common Ethereum Layer 2 projects include Optimism, Arbitrum and zkSync. Tokens from some of these projects, such as ARB (Arbitrum) and OP (Optimism), have been available for trading. This article aims to explain the concept of Layer 2 in straightforward terms. As...
Biden-Harris Administration Secures AI Commitments from Major Tech Companies
In today's press release from the White House, the Biden-Harris Administration announced that it has secured voluntary commitments from eight more artificial intelligence (AI) companies to manage the risks associated with AI. This move builds upon the commitments from...
WOO Network Announces WOOFi’s Shift from Near Protocol to Ethereum EVM
WOOFi, a leading decentralized exchange platform owned by Woo Network, has announced its strategic shift from the NEAR Protocol to Ethereum Virtual Machine (EVM) compatible networks. This transition is aimed at the development of its version 2.0 omnichain DEX. WOOFi's...
Shiba Inu Upcoming Developments Revealed: Shibaswap 2.0, Shibahub, Bone, TREAT, Metaverse
Lucie, a core member of the SHIB Inu (SHIB) team, took to Twitter today to provide an overview of the forthcoming developments for the SHIB Inu ecosystem. The tweet has already garnered significant attention with over 4,000 views in a short span. Lucie listed the...
Eureka Entertainment and Astar Network Collaborate for “CoinMusme” Blockchain Game Development
Eureka Entertainment Ltd., led by CEO Takuya Tsuji, has officially declared a collaboration with Stake Technologies Pte. Ltd., under the leadership of CEO Sota Watanabe. The partnership aims to further the development of the blockchain game "CoinMusme." A significant...
Breaking: Coinbase, a16z, and Ledger Back New Texas Alliance Advocating for Clear Digital Asset Regulations
As the federal government grapples with establishing clear guidelines for digital assets, Texas emerges as a potential frontrunner in the crypto regulatory landscape. Today marks the launch of the Crypto Freedom Alliance of Texas, an entity committed to advocating for...
FTX’s Top 10 Crypto Holdings Revealed: SOL, Bitcoin, Ethereum, XRP, APT Lead the Pack
Sunil, recognized as the FTX Creditor Champion and a leading FTX Creditor Activist, has meticulously unveiled the digital asset holdings and customer claims associated with FTX. This includes its prominent entities FTX.com, FTX.US, and Alameda. As of August 24,...
dYdX Founder Addresses Community Concerns Regarding Token Inflation
Antonio, the founder of decentralized exchange dYdX, clarified the platform's stance on token inflation in a series of tweets today. He stated, There are no plans for additional token inflation to compensate validators on the dYdX Chain. He further...
OKX and Polygon Introduce Cryptopedia’s Seventh Season
OKX, in collaboration with Polygon, an Ethereum scaling and infrastructure development entity, unveiled the seventh iteration of Cryptopedia. Cryptopedia, OKX's platform, is tailored to facilitate crypto-centric education with an earning component, according to press...
BitTrade Announces First-Ever Domestic Listing of EOS
BitTrade, a registered cryptocurrency exchange in Japan, announced today that it will commence the handling of EOS, a cryptocurrency used within the decentralized application platform, starting from September 13, 2023, at 15:00 JST. This marks the first-ever domestic...
Animoca Brands Secures US$20M for Mocaverse Expansion
Key Takeaways Animoca Brands raises US$20 million in a funding round led by CMCC Global. Funds to be used for the Mocaverse project, focusing on Web3-native tooling for gaming, culture, and entertainment. Mocaverse to introduce Moca ID, a unique...
One Whale Trades Majority of Ethereum for Bitcoin
In the cypto world, the actions of significant players, often referred to as 'whales', can provide valuable insights into market sentiment. Just 8 hours ago, a notable crypto whale made a significant move by exchanging a large portion of their Ethereum holdings for...
This Week Unlocks: ApeCoin Surpasses $50M, Aptos Exceeds $20M; Moonbeam, Flow, and Lido in Queue
Data from Token Unlocks indicates that six cryptocurrency projects are set to release a significant number of tokens this week. Among these, ApeCoin (APE) and Aptos (APT) are poised for substantial unlocks. On September 11 at 08:00 (UTC), Moonbeam will release 9.7...
SushiSwap Expands to Aptos Network Ahead of Over $20 Million APT Unlocking Tomorrow
Decentrallized Exchange Sushi has announced its expansion to Aptos. Currently, SushiSwap is deployed on Ethereum, BNB Chain, Fantom, Arbitrum, and Polygon (MATIC). This move is noteworthy as it represents Sushi's inaugural venture onto a non-Ethereum Virtual Machine...
dYdX Semi-Annual Report: $1.5 Trillion Trading Volume with 12 Million Users
Key Takeaways dYdX's trading volume surges to $1.5 trillion in six months. The platform adds 2 million new users, totaling 12 million. 80% of trades now occur on Layer 2, with StarkNet integration playing a pivotal role. Active community...
Pepe Coin Hits Lowest Price Since Binance Listing
Pepe Coin (PEPE), deriving its theme from the popular Pepe the Frog meme of the early 2000s, registered a decline in its value today, reflecting the broader Bitcoin downturn. The Dynamics in Depth After its Binance debut on May 5, 2023, PEPE surged to its zenith of...
ZachXBT: Deceptive Promotions of Meme CBOT and BABYSHIB with Crypto Influencers Revealed
In a series of tweets, ZachXBT has brought to light alleged deceptive promotional tactics by certain crypto influencers surrounding the meme CBOT and Shiba Inu family BABYSHIB tokens. According to the revelations, ZachXBT was provided with specific wallet addresses by...
One Pepe Coin Whale Liquidates Holdings as Another Opens $PEPE Ethereum Pool
Whale 0x9da's Significant Swap In a notable transaction today, an early crypto buyer identified as 0x9da executed a significant swap of 452.911B $PEPE tokens for 194.31 Ethereum ($ETH) at a rate of $0.0000006961 per $PEPE, amounting to a total of $315K, according to...
NEAR Protocol Potential Unveiled by Open Forest Protocol
The internal pitch deck of Open Forest Protocol (OFP) surfaced on Reddit. OFP, a pioneering project on the NEAR Protocol, offers a unique perspective on the potential trajectory of NEAR's growth. OFP is poised to revolutionize the voluntary carbon market, currently...
Crypto Exchange Thodex Founder Sentenced to Over 11,000 Years Amid Fraud Allegations
In a decision by the Anatolian 9th High Criminal Court, Faruk Fatih Özer, the mastermind behind the Turkish cryptocurrency platform Thodex, has been found guilty in a significant fraud case. Alongside Özer, six other individuals were detained, making up a total of 21...
Bitcoin Ordinals: Over 30M Inscriptions with $50M in Accumulated Fees
As of recent data from Dune Analytics, the Bitcoin Ordinals Protocol has seen a total of 30,329,662 inscriptions, with an accumulated fee of ₿1,998.1707 (Bitcoin), equivalent to approximately $51,681,834 USD. These inscriptions, known as "Bitcoin-native Digital...
Ripple XRP Ripplex Proposes XLS-30 AMM Amendment for XRPL Mainnet Integration
RippleX, Ripple's XRP Ledger, has announced the proposal of the XLS-30 AMM amendment for the XRP Ledger (XRPL), marking a significant step in decentralized financial applications. The amendment is currently undergoing a voting process, where the validator community...
Binance CEO CZ Comments on Vitalik Buterin’s Twitter Account Hack
Changpeng Zhao (CZ), the CEO of Binance, the world's largest cryptocurrency exchange, has commented on the recent hacking of Ethereum co-founder Vitalik Buterin's Twitter account. In a tweet dated 10 Sep 2023, CZ urged the public to exercise caution when interpreting...
Shiba Inu SHIB Founder Ryoshi NFT Collectible Debut on HEEL and SHIBACALS
A mystery but significant NFT brand has recently emerged in the Web3 landscape. HEEL and SHIBACALS have unveiled a limited edition collectible titled 'Young Ryoshi in Space'. This collaboration between the two prominent entities is set to introduce only 45 of these...
OpenAI to Host First Developer Conference, DevDay, on November 6, 2023
Leading AI research entity, OpenAI, creator of ChatGPT, has unveiled plans for its debut developer conference, OpenAI DevDay, set for November 6, 2023, in San Francisco. This move marks a pivotal moment for the AI sector, presenting a stage for global developers to...
Polygon MATIC Launches Solution Provider Network (SPN) for Seamless Developer Collaboration
Polygon ($MATIC) has unveiled its Solution Provider Network (SPN) to revolutionize the way developers find and collaborate with solution providers within the Polygon ecosystem, according to official announcement. This transformative platform is set to simplify the...
Google Updates Advertising Policy on NFT Gaming
Google has clarified its stance on advertising for blockchain-based games involving non-fungible tokens (NFTs). Effective from September 15, 2023, the tech giant announced, Beginning September 15, 2023, advertisers offering NFT games that do not promote...
Shiba Inu SHIB Dream NFT Collection Debuts on PawZaar
Following the introduction of the Shibarium MainNet, the Shiba Inu community is gearing up to unveil PawZaar, an innovative NFT marketplace tailored to meet the evolving demands of the crypto community. The platform's inaugural offering, the "Shib Dream NFT...
Shiba Inu Lucie Addresses Key Questions Around SHIB and Rug Pull
In a series of tweets today, Lucie of Shibarium, a prominent figure within the Shiba Inu community, addressed various concerns and provided clarifications about the project's direction. The tweets, which garnered significant attention, emphasized the project's...
Haru Invest Faces Rehabilitation Hearing; Hugo Lee Clears Air on Asset Distribution
Haru Invest's Hugo Lee appeared in court on Thursday, September 9, 2023, to address concerns over the company's recent corporate rehabilitation application. The move has garnered significant attention, casting doubts over the company's intentions and its commitment to...
Binance Introduces New Margin Pairs for BAND, FLM, STMX, ADX, PROM, and PROS
Binance, the world's leading cryptocurrency exchange, has expanded its margin trading offerings. As of September 8, 2023, the platform has incorporated BAND, FLM, and STMX into its Cross Margin borrowable assets. Concurrently, new Isolated Margin pairs have been...
Mina Protocol to Launch ZK Smart Contracts, Backed by $92M from Three Arrows and FTX
Mina Protocol is on the brink of a major upgrade that aims to introduce Zero-Knowledge (ZK) smart contracts to its mainnet. This development is anticipated to amplify community engagement and the creation of products on the Mina platform. The forthcoming upgrade is...
Pepe Coin Telegram Account Hacked
The official Telegram account of PepeCoin ($PEPE) has fallen victim to unauthorized access, as confirmed by the project's representatives via a tweet earlier today. The compromised Telegram account, previously under the handle “lordkeklol”, is currently being misused...
Tom Emmer Accuses SEC Chair of Exceeding Authority, Detrimental to Americans, Citing Ripple Case
In a bold move, House Majority Whip Tom Emmer has publicized his criticism of Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), accusing him of expanding his authoritative reach in ways that are not favorable to the American populace....
Binance to Support REI and MobileCoin Network Upgrades
Binance confirmed its support for the upcoming network upgrades and hard forks of both REI Network (REI) and MobileCoin (MOB). This move is in line with the platform's continuous effort to provide timely assistance for major blockchain advancements. Key details of the...
Why Bitcoin May Crash Below $20,000 Soon
Predicting Bitcoin's Price Through Historical Data Historical trends and data points often shed light on potential future movements, especially in the volatile world of cryptocurrencies. September, based on our comprehensive analysis, traditionally poses challenges...
Will Shiba Inu SHIB reach $1 by 2030?
Founded under the pseudonym "Ryoshi" in August 2020, the SHIBA INU token, or SHIB, has quickly morphed into a crypto sensation. An Ethereum-based token, it champions the decentralization narrative, rallying a broad global audience to its fold. By September 17, 2021,...
Breaking: Ripple XRP Acquires Web3 Financial Institution Fortress Trust
Ripple, a foremost figure in enterprise blockchain and cryptocurrency services, announced the acquisition of Fortress Trust, a subsidiary under the umbrella of Fortress Blockchain Technologies. Operating out of Las Vegas, Fortress Trust offers Web3 financial,...
Wemade Introduces Etherscan-Developed ‘WEMIX Scan’
Wemade, a South Korea-based blockchain developer, has announced the launch of its new block explorer, WEMIX Scan, designed for the WEMIX3.0 Mainnet and testnet. This development is part of the company's broader efforts in the blockchain space. The block explorer is a...
Bitcoin September Curse? Predicting BTC Price Using Comprehensive Historical Data
September's Historical Downtrend Over the nine-year period from 2014 to 2022, Bitcoin's September performance has largely been bearish. The closing price in September was often lower than the opening price, indicating a general downtrend for the month. Bitcoin Price...
Ripple XRP Expands European Presence with University Blockchain Research Initiative
Ripple, a prominent player in the blockchain and crypto sector, has announced the expansion of its University Blockchain and Research Initiative (UBRI) in Europe. The initiative, recognized globally for its contributions to academic blockchain and crypto research,...
Report: US Banks Face Satisfaction Paradox, Following Silicon Valley Bank Collapse
A recent Banking Disruption Index by global digital transformation company GFT has shed light on a contrasting sentiment among US banking customers. The study reveals that while 42% of US consumers are content with their banking services, a significant 58% feel...
Linus Financial Settles SEC Charges Over Unregistered Crypto Lending Product
The Securities and Exchange Commission (SEC) has settled charges with Linus Financial, Inc. over its failure to register the offers and sales of its crypto lending product, known as the Linus Interest Accounts. The SEC has opted not to impose civil penalties on the...
Ripple XRP Joins The Giving Block’s Initiative for Maui Wildfire Relief
Ripple's cryptocurrency, XRP, is the latest addition to the philanthropic efforts addressing the aftermath of the devastating wildfires in Maui. The Giving Block, a platform known for facilitating charitable donations via cryptocurrency, has expanded its roster to...
Detail: Binance Addresses CyberConnect CYBER Simple Earn Flexible Products Redemption Issues
Binance, one of the world's leading cryptocurrency exchanges, has issued a statement addressing concerns over the redemption of its CYBER Simple Earn Flexible Products. The announcement comes in the wake of a significant price discrepancy of the CYBER token between...
US and UK Clamp Down on Trickbot Ransomware Group Behind $833M in Extortions
In a joint effort to curb cybercrime, the U.S. Office of Foreign Assets Control (OFAC) and the U.K. HM Treasury Office of Financial Sanctions Implementation (OFSI) have sanctioned eleven additional members of the Russia-based ransomware group, Trickbot. This move...
IBM Launches “Granite”: AI Foundation Models for Business
IBM has unveiled its latest advancement in the realm of artificial intelligence (AI) for business: a series of foundation models named "Granite." These models, designed for the watsonx.ai platform, aim to harness the power of generative AI for both linguistic and...
Ethereum ERC-4337 Account Abstraction Grant Round Recipients Announced
The Ethereum Foundation has officially unveiled the 18 recipients of the ERC-4337 Account Abstraction grant round. This milestone event marks a significant stride towards enhancing the capabilities of the Ethereum network and underscores the Foundation's dedication to...
Binance Introduces Zero Maker Fee for ARS, BRL and ZAR
Binance has responded to user demand by launching a zero maker fee promotion for spot trading pairs involving Argentine Peso (ARS), Brazilian Real (BRL), and South African Rand (ZAR). This promotional offer is set to commence on September 8, 2023, at 00:00 (UTC)....
Binance Announces Removal of Multiple Trading Pairs Including BAT, CVX, FORTH
Key Takeaways * Binance to delist a total of 22 spot trading pairs on September 8, 2023. * The delisting is part of Binance's periodic review to ensure a high-quality trading market. * Users advised to update or cancel their Spot Trading Bots to avoid potential...
Algorand Foundation Joins Forces with Borderless Capital, Arrington Capital, and DWF to Invest in Pera Algo Wallet
The Algorand Foundation, in partnership with Borderless Capital, Arrington Capital, and DWFLabs, has announced a strategic investment in the Pera Algo Wallet. This investment aims to expedite the expansion and adoption of the Algorand ecosystem by enhancing the...
Binance Initiates XIRTAM ETH Refund Process for Victims
Binance, one of the world's leading cryptocurrency exchanges, has taken significant steps towards resolving the XIRTAM fraud incident that unfolded in early May 2023. The XIRTAM project, which defrauded investors of a substantial sum, saw its ill-gotten gains totaling...
Binance Integrates Ethereum on zkSync Era Network
Binance, one of the world's leading cryptocurrency exchanges, announced today that it has successfully integrated Ethereum (ETH) on the zkSync Era network. As of the announcement, deposits and withdrawals of Ethereum (ETH) tokens via the zkSync Era network are...
Solana Announces Hyperdrive Hackathon | Blockchain News
Solana, a leading blockchain platform, unveiled its latest initiative, Hyperdrive, in a series of tweets on September 6, 2023. The event is described as an engineering and business competition where teams can transform an idea into a fully operational project within a...
Yuga Labs Launches TwelveFold: Bitcoin Based Generative Art
Key Takeaways * TwelveFold is a 300-piece generative art collection inscribed on satoshis. * The project uses Ordinal Theory protocol to locate an inscribed satoshi. * Participants can submit puzzle answers through various Bitcoin wallets, including Leather, Unisat,...
BNB Chain Announces Ecosystem Catalyst Award Winners
BNB Chain, a prominent blockchain ecosystem, announced the winners of its Ecosystem Catalyst Awards on September 6, 2023. The awards ceremony aimed to recognize and celebrate key contributors in various segments of the BNB Chain ecosystem. Award Categories and Winners...
Coinbase CEO Proposes Web3 Version of LinkedIn
Brian Armstrong, the CEO of Coinbase, took to Twitter on September 6, 2023, to share that the company has received over 150 applications for its inaugural Coinbase Ventures Summit. The summit, scheduled for October in Malibu, California, aims to bring together a...
OKX Announces Largest-Ever Trading Competition with 2M USDT and Tesla Model 3 as Prizes
OKX, a global Web3 technology company and crypto exchange, has launched its most ambitious trading competition to date, featuring a prize pool exceeding 2 million USDT and a Tesla Model 3. The competition, part of the company's "Trade Like a Pro" campaign, is set to...
Coinbase Suspends Trading for $MULTI, $VGX, $OOKI, DDX, JUP, BOND
Key takeaways * Coinbase suspends trading for BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), and Voyager (VGX). * The decision was based on "recent reviews" to ensure the assets meet Coinbase's listing standards. * Users can still...
Solana Gum Protocol Shuts Down
The Gum protocol on Solana ecosystem announced its shutdown today. The team behind Gum and its associated product, Wordcel, cited challenging market conditions and difficulties in generating revenue as the primary reasons for the decision. Gum initially gained...
Gala Games Assures ‘Business as Usual’ Despite Founders’ Legal Battle
Key Takeaways Gala Games co-founder and CEO, Eric Schiermeyer, files a derivative shareholder lawsuit against co-founder Wright Thurston and True North United Investments, LLC. Wright Thurston countersues Eric Schiermeyer. The company emphasizes that the legal...
Shiba Inu SHIB Price Plummets Over 30% in Summer of Shibarium, Here is Why
Despite a promising start to the much-anticipated "Summer of Shibarium," Shiba Inu's native cryptocurrency, SHIB, has experienced a dramatic 36% price drop. This article explores the rollercoaster ride of SHIB's price, the technological advancements in the Shiba Inu...
SBI Remit Expands Ripple XRP Based Remittance Services
Today, SBI Remit, a subsidiary of SBI Group that specializes in providing services for international money transfers, made the announcement that it would expand its remittance services that are based on XRP to bank accounts in the Philippines, Vietnam, and Indonesia....
Why MOVR, RSS3, FTT, C98, MLN, CVC Are the Coins to Watch After PERP and FORTH’s Surge
Market Capitalization Overview According to CoinMarketCap, among the top gainers, only SNX finds itself within the top 100 in terms of market capitalization, currently ranking at 48th place. * In the 101-200 market cap range, ENJ has experienced a surge of around 20%....
OKX NFT Adds Base, Linea Support, Beyond Ethereum, Optimism, Polygon
OKX, a key player in the Web3 technology landscape, broadened its NFT Marketplace's capabilities by integrating support for Base and Linea blockchains on September 5, according to press release shared with Blockchain.News. This move follows the company's earlier...
Binance Announces 50K Point Challenge with Exclusive Rewards
Binance, its native taken being BNB, a leading cryptocurrency exchange, has launched a week-long Challenge offering a pool of 500,000 Binance Points and exclusive rewards. The Challenge is set to run from September 6, 2023, 00:00 (UTC) to September 12, 2023, 23:59...
Shiba Inu SHIB Price Plummets Over 30% in Summer of Shibarium, Here is Why
Despite a promising start to the much-anticipated "Summer of Shibarium," Shiba Inu's native cryptocurrency, SHIB, has experienced a dramatic 36% price drop. This article explores the rollercoaster ride of SHIB's price, the technological advancements in the Shiba Inu...
Coinbase CFO Alesia Haas to Speak at Barclays Global Financial Services Conference
In a fireside discussion at the Barclays Global Financial Services Conference on Tuesday, September 12, 2023, at 11:15 a.m. Eastern Time (ET) / 8:15 a.m. Pacific Time (PT), Alesia Haas, the chief financial officer of Coinbase Global, Inc., will take part. Coinbase,...
Bitcoin Ordinals Founder Proposes Immutable Metadata for Inscriptions
Bitcoin Ordinals (ORDI), a blockchain-based platform known for its unique inscriptions, is on the verge of a significant update. Introduced in January 2023 by Casey Rodarmor, a programmer and artist, as reported by Blockchain.News, Bitcoin Ordinals serve as a system...
Binance Completes Travala.com AVA Token Swap to Ethereum ERC20
Binance, one of the world's leading cryptocurrency exchanges, announced the completion of the contract swap and rebranding of Travala.com's native token, AVA. The rebranding and contract swap transition the token from its previous BEP2 and BEP20 standards to the...
Paolo Ardoino: Tether Ranks 22nd in US Treasury Holdings, Surpassing Mexico, Australia, and Spain
Tether, USDT issuer, the leading stablecoin in global circulation, now holds $72.5 billion in U.S. Treasury bills, positioning it as the world's 22nd largest holder. This development coincides with China's accelerated divestment from U.S. debt, which has seen a...
Chinese President Xi Jinping Highlights the Transformative Impact of Blockchain and AI on Global Industries
In a congratulatory message to the 2023 China International Intelligent Industry Expo, Chinese President Xi Jinping emphasized the profound changes that emerging technologies like the internet, big data, cloud computing, artificial intelligence (AI), and blockchain...
Breaking: Visa Expands Stablecoin Settlement On Solana
Visa Inc. (NYSE: V), a global payments giant, has announced the expansion of its stablecoin settlement capabilities, according to Blockchain.News, incorporating the Solana blockchain and initiating pilot programs with merchant acquirers Worldpay and Nuvei. A Leap in...
Bloomberg: FTX Bankruptcy Triggers 30% Profit Margin Drop for Crypto Market Makers
According to Bloomberg's report dated September 5, 2023, liquidity providers Auros, GSR Markets Ltd., and Wintermute Trading Ltd. have disclosed that the bankruptcy of the FTX exchange has led to a 30% reduction in profit margins for crypto market makers. "The FTX...
SSV Network Unveils Jato-V2 Testnet
SSV.Network ($SSV), a decentralized staking protocol, announced the public launch of its new testnet, Jato-V2, on September 4. The new testnet is identical to the version currently running on the mainnet, offering a realistic testing environment for users and...
Binance Introduces New Dual Investment with BTC, ETH, BNB
Binance announced today the launch of a new set of Dual Investment products. These products come with updated Target Prices and Settlement Dates, allowing users to either "Sell High" or "Buy Low" on a variety of cryptocurrencies. Dual Investment is an investment...
Alchemy Pay to Deploy on Polygon zkEVM Chain
Alchemy Pay is partnering with Polygon (MATIC) to deploy its payment services on Polygon's new zkEVM chain. Alchemy Pay will serve as one of the first fiat-crypto on-ramp providers for the zkEVM ecosystem, allowing users to easily convert their local fiat currencies...
Breaking: Robinhood Buys Back $605.7 Million Stake from Sam Bankman-Fried in U.S. Government Deal
Robinhood Markets Inc. has finalized a share repurchase agreement worth $605.7 million with the United States Marshal Service, according to a company announcement made earlier today and CNBC report. The deal involves the acquisition of 55.3 million shares at $10.96...
Ripple Alert: Over 400M XRP Moved from Bitvavo-Connected Wallet
A Mammoth Transaction In a transaction that has sent ripples through the cryptocurrency community, a staggering 424,354,912.78345 XRP, valued at approximately $214.3 million, was transferred from one unknown wallet to another. The transaction was reported by Whale...
Binance Labs Announces ColLabs: A Web3 Investment Community Platform
Key Takeaways Launch and Exclusivity: Binance Labs announced the launch of ColLabs, an invite-only Web3 investment community, on August 31, 2023. Features: The platform offers exclusive content, deal-sourcing opportunities, and a channel for co-creation...
Shiba Inu’s Shibarium Hits 600k Wallets and 700k Transactions
Shiba Inu's Layer 2 network, Shibarium, has reached new milestones, boasting 634,438 wallet addresses and 698,607 transactions, according to updated data from Shibariumscan. This comes after Shiba Inu's lead developer, Shytoshi Kusama, confirmed the full operational...
MetaMask Developer ConsenSys Responds to European Banking Authority’s Consultation on Anti-Money Laundering Measures
The European Banking Authority (EBA) closed its public consultation on revising guidelines for money laundering and terrorist financing (ML/TF) risk factors on August 31, 2023. The amendments aim to extend the scope to include crypto-asset service providers (CASPs)....
Binance to Delist Ten Margin Pairs, Including ANT, RVN, FIRO, BAL, on September 14, 2023
Binance Margin, a feature of the Binance cryptocurrency exchange, has announced that it will delist ten isolated margin pairs effective September 14, 2023, at 06:00 (UTC). The pairs to be removed are ALPHA/BUSD, ANT/BUSD, BAL/BUSD, COS/BTC, DGB/BUSD, FIRO/BUSD,...
Jasmy Lab Partners with Kana Labs to Promote JasmyCoin and IoT
Key Takeaways Partnership aims to "expand the Jasmy ecosystem," as stated by Jasmy Lab. Kana Labs to provide its Account Abstraction SDK for cross-chain accessibility of JasmyCoin. Collaboration targets market expansion in Korea, India, and Western...
Mitsubishi UFJ Trust Bank and Ginco Collaborate to Offer Japan’s First Crypto Asset Trust Services
Mitsubishi UFJ Trust Bank and Ginco announced on August 31 that they have initiated a partnership to offer Japan's first-ever trust services for crypto assets. This move comes as institutional investors globally are increasingly seeking custody services for digital...
SSV Network Discord Compromise Resolved: Channel Back to Normal and Under Control
SSV Network ($SSV), a leading infrastructure provider for decentralized Ethereum staking applications, has announced that its Discord channel, which was compromised earlier today, is now "back to normal and under control." Incident and Quick Resolution The company...
Just In: US PCE Price Index Rises, Exceeding Core Forecasts; Bitcoin and Crypto Markets Show Mixed Reactions
The U.S. Personal Consumption Expenditures (PCE) Price Index, a key indicator of inflation, has once again shown an uptick, according to the latest data. The year-over-year PCE Price Index rose to 3.3%, aligning with forecasts but exceeding the previous month's 3.0%....
Astar, Kabocha Lead in Polkadot and Kusama Auctions
Bill Laboon, the Head of Education and Grants at Web3 Foundation, has provided critical updates on the ongoing parachain lease auctions for Polkadot ($DOT) and Kusama ($KSM) networks. In a Twitter thread dated August 31, 2023, Laboon shed light on the leading projects...
Breaking: Swift, Chainlink, and Major Banks Achieve Multi-Blockchain Token Transfer
Swift, the global financial messaging service, announced on August 31, 2023, that it has successfully conducted a series of experiments to facilitate the transfer of tokenized assets across multiple blockchains. Collaborating with major financial institutions and...
Ethereum Alert: Over 10,000 ETH Moved to Binance by a Smart Whale
A notable Ethereum smart whale transferred 12,087 ETH, equivalent to around $20.61 million, to Binance today, according to EmberCN, an onchain analys. This transaction marks the latest in a series of strategic moves by the investor, who has been notably silent for the...
Shiba Inu’s Mysterious Founder Ryo Suzuki Explored
In a captivating series of tweets, TruthLabs (@BoringSleuth) has unveiled new details that could potentially identify the enigmatic founders of Shiba Inu ($SHIB). The tweets, dated August 31, 2023, disclose Suzuki's connections to MIT's Media Lab, a Microsoft...
Early PEPE Coin Investor Suffers 43.4% Loss in Recent Trade: What the Data Reveals
An early crypto trader known as 0x025, previously operating under the alias pepeworldorder.eth, sold 263 billion $PEPE tokens for 226,000 $DAI. The sale occurred at a rate of $0.00068591 per token, resulting in a loss of $174,000, or a 43.4% decrease in value. The...
CoinDesk Under Fire for Retracting Articles on Justin Sun and Chainalysis
Leading cryptocurrency news source CoinDesk has lately come under criticism for removing stories that criticised specific players in the industry. The retractions have called into doubt the platform's commitment to balanced reporting and editorial integrity. L0la...
OKX Discloses Monthly Proof of Reserves, Holding $10.4 Billion in BTC, ETH, and USDT
OKX, a global Web3 technology firm and cryptocurrency exchange, disclosed its 10th consecutive monthly Proof of Reserves (PoR) report today. The report shows that the exchange holds USD$10.4 billion in primary assets, such as Bitcoin (BTC), Ethereum (ETH), and Tether...
SEBA Hong Kong Gains Preliminary Approval for Crypto-Related Services
SEBA Hong Kong, a subsidiary of Swiss-based SEBA Bank AG, has been granted an "Approval-in-Principle" (AIP) by Hong Kong's Securities and Futures Commission (SFC). This preliminary approval positions SEBA Hong Kong to become one of the first licensed corporations in...