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Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape
4.5.2023
Prominent projects are porting over to the Solana network and developer activity remains strong, Anatoly Yakovenko said in a CoinDesk TV interview
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
4.5.2023
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of...
State regulators crack down on fraudulent cryptos promoted as 'Elon Musk AI Tokens' and 'TruthGPT Coin'
3.5.2023
According to the cease and desist order, investors are being given the impression that Elon Musk endorses "TruthGPT Coin"
Curve Finance Deploys Native Stablecoin on Mainnet
3.5.2023
The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin
Global Dark Web Crackdown: 288 Arrested, Drugs, Guns, and Crypto Seized
3.5.2023
The US and international law enforcement have made 288 arrests and seized over $53 million in cash and cryptocurrency as part of a major dark web crackdown.
In a Tuesday press release, the US Justice Department said the operation, started in 2021, spanned across the United States, Europe,...
CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days
3.5.2023
It took about 12 days for Zelda to fully exit the Ethereum blockchain. For any new staking withdrawal requests, the wait to get out has shrunk to nine days from 17 days
Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols
3.5.2023
Bitcoin already has one of the most diverse layer 2 ecosystems of any network, according to Bitcoin developer Lisa Neigut
Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text
3.5.2023
Over $8 million in fees have been paid to the network by inscription creators since their inception
UK government targets fraudsters with new ban on cold calls for crypto
3.5.2023
The U.K. government plans to introduce laws to reimburse victims of authorized crypto fraud and work with Ofcom to prevent phone number "spoofing."
Crypto.com Unveils Amy: An AI-Powered Companion for Crypto Enthusiasts
2.5.2023
This year, the world has witnessed a surge in the popularity of artificial intelligence (AI) software, with a plethora of cutting-edge platforms such as Openai’s Chatgpt 3.5, Chatgpt 4.0, DALL-E, Stable Diffusion, and other innovative tools like Midjourney and Google’s Bard taking...
Interest rate hike speculation triggers outflows from crypto investment products: Report
2.5.2023
According to CoinShares, digital asset investment products saw outflows totaling $72 million last week, as investors brace for the Fed's forthcoming rate decision on May 3
Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change
2.5.2023
While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This staggering amount of computational power came tantalizingly close to a half...
Decentralized Exchange Maverick Rolls Out Liquidity Incentives for Price Stability
2.5.2023
The tool offers more efficient incentives than competitors like Curve Finance’s rewards and can help pegged assets such as stablecoins, liquid staking derivatives keep their prices more stable, the protocol said
Crypto.com introduces Amy, an AI-powered crypto user companion
2.5.2023
Crypto.com recently made waves across the crypto industry with its latest innovation. The platform, with 80 million global customers, just introduced its first-ever AI-powered companion. Named Amy, the Artificial Intelligence companion will help users learn more about the crypto industry. It will...
Samsung employees banned from using ChatGPT-like AI tools
2.5.2023
The company-wide ban prevents Samsung employees from accessing generative AI tools on all Samsung-owned devices and internal networks
Jack Dorsey’s nano Bitcoin mining chip heads to prototype
1.5.2023
Block has completed the design of its new prototype ASIC chip which it says will fast-track its plan to bring “open source” Bitcoin mining rig design to market
Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges
30.4.2023
After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto...
Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures
29.4.2023
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities that led to the ultimate failure of Silicon Valley Bank (SVB). In addition, Marshall Gentry, the chief risk officer of the Federal Deposit Insurance Corporation (FDIC)...
Bitcoin Use Cases Are Seeing ‘Explosive Growth,' Trust Machines Says
28.4.2023
Bitcoin Blockchain Surpasses 2 Million Ordinal Inscriptions Milestone in Just Over 4 Months
28.4.2023
As of April 28, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain has exceeded 2 million, according to current statistics. This milestone has been reached within just over four months since the first Ordinal inscription was minted on December 16, 2022, at block height 767,753....