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ZkSync launches new STARK-based proof system with a focus on mass usability
17.7.2023
The latest proof system promises better throughput than the current 100 TPS rate and reduces costs in the long term
Blackrock CEO Larry Fink Says Crypto Will ‘Transcend Any One Currency’ — Sees Broad-Based Global Interest
17.7.2023
Larry Fink, the CEO of the world’s largest asset manager, Blackrock, says crypto is so international that it will transcend any one currency. Regarding Blackrock’s bitcoin exchange-traded fund (ETF) filing with the U.S. Securities and Exchange Commission (SEC), the executive stressed: “We...
Kim Dotcom-Backed Crypto Startup Bitcache Liquidated in New Zealand
15.7.2023
Bitcache, a crypto startup backed by Kim Dotcom, has been liquidated, reportedly over unpaid legal fees. Phil Creagh, an Auckland lawyer who acted as Bitcache’s director until Sept. 2020, is reported to have applied for the startup’s liquidation on May 24. Bitcache’s Unpaid Legal Fees A...
Crypto lender Geist Finance shuts down permanently over Multichain hack
14.7.2023
The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit
Mutiny’s New Browser-Based Bitcoin Wallet on Lightning Avoids App Store Restrictions
14.7.2023
The company says it’s the “first self-custodial lightning wallet that runs on the web” – a design feature that may avoid any restrictions that might be placed on the technology from app stores run by the likes of Apple or Google
7 blockchain-based platforms for content creators
14.7.2023
From Steemit and LBRY to Ujo Music and SuperRare, discover how blockchain technology empowers content creators in the digital age
Cosmos-based Osmosis launches concentrated liquidity, lets LPs choose price
12.7.2023
The new feature offers higher fees to LPs who provide liquidity within tighter price ranges but also causes them to not earn fees if the price goes outside of the range
Chinese Central Bank Unveils SIM Card-based Offline CBDC Wallet
12.7.2023
The Chinese central bank has unveiled an offline SIM card-based digital yuan “hard” wallet solution that lets users pay with the central bank digital currency (CBDC) with powered-down phones.
The innovation could eventually allow 2G phone-owning citizens to use their handsets to use the token when...
New York prosecutor charges hacker over $9M exploit of Solana-based exchange
12.7.2023
A skilled computer security engineer has been charged with wire fraud and money laundering related to an attack on a decentralized exchange
10 tips for blockchain-based data providers seeking to scale
11.7.2023
Blockchain-based data providers are faced with a golden opportunity — if they’re able to scale their infrastructure to handle the demand
Rodeo Finance Exploited For $888,000 In Another DeFi Hack on Arbitrum Network
11.7.2023
Arbitrum Network-based Rodeo Finance lost 472 ether ($888,000) in a DeFi exploit today.
Blockchain security firm PeckShield revealed that the Rodeo Finance hacker transferred the stolen funds from Arbitrum to Ethereum.
Further analysis revealed that the attacker exchanged the stolen tokens...
Arbitrum-based Rodeo Finance exploited for $1.53M, the second time in a week
11.7.2023
The exploiter manipulated price oracles to gain the upper hand on trades they executed using the manipulated price
Matrixport’s Year-End 2024 Prediction: Bitcoin to Reach $125,000 as Strong Performance Fuels Bullish Sentiment
10.7.2023
While bitcoin has shown strong performance in the first half of 2023, Markus Thielen, the head of research at crypto firm Matrixport, released a prediction on July 5, 2023, stating that bitcoin (BTC) will reach $125,000 by the end of 2024. Thielen’s forecast is based on a signal indicating...
NFT Sales Witness 23% Decline This Week, Ethereum Dominates With $130 Million in Sales
8.7.2023
During the first week of H2 2023, non-fungible token (NFT) sales witnessed a 23.39% decline compared to the previous week, marking a two-week downward trend. A total of $195.95 million worth of NFT sales occurred, with Ethereum-based NFTs accounting for $130.77 million. NFT Sales Take a Hit:...
New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test
8.7.2023
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that, using...
Decentralized Social Media Protocol DeSo Offers $1 Million to Develop Blockchain-Based Reddit Alternative
7.7.2023
DeSo, a decentralized social media system leveraging blockchain, has announced a $1 million bounty to spur the creation of a Reddit competitor built on the platform’s native blockchain technology.
The move comes as a potential solution to increased criticisms on centralized social media platforms...
Bitwage Purges USDC Payments for US Residents Due to a ‘More Strict Regulatory Climate’
7.7.2023
Bitwage, a cryptocurrency payroll company, has announced it will remove USDC-based payments for U.S. residents. In an email sent to U.S.-based customers, Bitwage explains removing the second-largest stablecoin by market cap from its platform is related to a “more strict regulatory...
Shiba Inu-Based Shibarium Blockchain Expected to Go Live in August
7.7.2023
The layer 2 network will utilize bone, treat, shib and leash tokens for applications built on the blockchain
Former FTX US CEO New Venture: Architect – AI-Based Trading Platform for Crypto
6.7.2023
The former President of the now defunct FTX.US is starting another crypto trading platform – and he plans to imbue it with artificial intelligence (AI)....
Read More: Former FTX US CEO New Venture: Architect – AI-Based Trading Platform for Crypto
Coinbase CLO Paul Grewal: SEC’s Interpretation of ‘Investment Contract’ Violates Law
6.7.2023
Paul Grewal, CLO of Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has accused the U.S. Securities and Exchange Commission (SEC) of violating the law by assessing what constitutes an investment contract. Grewal’s reasoning comes from the Supreme Court of the United...