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“A Calamity for Human Rights” – Robert F. Kennedy Jr to End CBDC Development if Elected President
29.1.2024
United States Presidential candidate Robert F Kennedy Jr said a Central Bank Digital Currency (CBDC) would lead to government control over personal finances and vowed to end all efforts towards its development. In a recent video posted on X (formerly Twitter), Kennedy highlighted his plans...
Chinese Company Issues First $350 Million Tech Innovation Bond Raised in Digital Yuan
29.1.2024
A Chinese infrastructure company has successfully raised $350 million in digital yuan for its new technology innovation bond. According to Shanghai Securities News, the Shandong Hi-Speed Group issued the “Shandong Hi-Speed Group Co., Ltd. 2024 Public Offering to Institutional Investors...
South Korean Web3 Music Service Somesing Loses $11.58 Million in Token Exploit
29.1.2024
Somesing, a popular blockchain-based social karaoke platform in South Korea, has fallen victim to an exploit resulting in the loss of approximately $11.58 million. In a recent Medium post, the platform revealed that 730 million of its native token SSX had been compromised. The attack targeted...
Stellar Delays Smart Contract Upgrade Following Bug Discovery
29.1.2024
The Stellar Development Foundation (SDF) has postponed its scheduled smart contract upgrade after discovering a bug in the upgrade. According to a recent announcement published by the Stellar Development Foundation, the Protocol 20 upgrade, originally slated for a Jan. 30 launch, was delayed...
South Korean Crypto Exchanges Blocked $82m Worth of Romance Scam Transactions in 2023
29.1.2024
South Korean crypto exchanges say they blocked over $82 million worth of transactions linked to romance scams last year. Per Seoul Shinmun, the crypto exchange Coinone claimed catfishing and other romantic scams that make use of crypto were now “rampant” in South Korea. Coinone said that it...
Decentralization to Secure Crypto Assets: Interview with Billy Mullins
29.1.2024
MatterFi, a decentralized digital asset wallet solution focused on security and efficiency, seeks to raise the bar regarding custody integration, faster transactions, and wider crypto adoption. In a recent press release, the company announced Billy Mullins as its new Chief Technology Officer (CTO)...
Cloned Assets: An Ideal Tool for Bringing Liquidity to Non-Native Tokens on Solana, Says Evan Deutsch
28.1.2024
According to Evan Deutsch, a core contributor and co-inventor of Clone, cloned assets, perpetual contracts, and bridged tokens are two tools that can bring liquid spot markets to non-native assets on Solana. Deutsch, who is better known as Mark to many in the crypto space, cautions that the latter...
Bitcoin’s Fourth Halving May Unleash the ‘Mother of All Reorgs,’ Ordiscan Founder Predicts
27.1.2024
The crypto community is abuzz with anticipation for the upcoming Bitcoin network halving event, projected to occur on or around April 20, 2024. This event is sparking widespread speculation about its distinct importance. As the fourth Bitcoin halving nears, a theory of a potential major blockchain...
Gala MUSIC Launches on LBank Exchange: A New Era in Music Streaming and Blockchain Technology
27.1.2024
PRESS RELEASE. In an exciting development for music enthusiasts and blockchain aficionados alike, Gala MUSIC, a trailblazing decentralized music platform, has officially launched on LBank Exchange. This launch marks a significant milestone in the evolution of the music industry, intertwining...
Binance and SEC Clash Over Evidence Production and Witness Depositions in Ongoing Legal Battle
27.1.2024
The legal battle between Binance and the United States Securities and Exchange Commission (SEC) continues to intensify as court documents shed light on the clash over evidence production and witness depositions in the SEC’s case against the leading cryptocurrency exchange. According to...
Pandoshi (PAMBO) Presale Phase 4 Is Rapidly Selling Out, Surpassing $2M
27.1.2024
  PAMBO, the native cryptocurrency of trailblazing blockchain project Pandoshi, is currently in its initial presale period. It’s being offered at discounted rates before eventual public exchange listings. Just weeks into its presale, Pandoshi has already raised over $2 million from high...
AI and Crypto Mining to More Than Double Energy Use by 2026, Report Says
26.1.2024
Source: Adobe / Timon The International Energy Agency (IEA) anticipates substantial increases in energy consumption from crypto mining and artificial intelligence (AI) in the coming years, with projections suggesting a more than 30% surge by 2026. The IEA’s Electricity 2024 report outlines...
Ethereum Foundation Reveals Finalized Dencun Upgrade Timeline
26.1.2024
In a recent announcement by the Ethereum Foundation, the Ethereum blockchain network is set for a major enhancement through the introduction of Dencun. The foundation elaborated that Dencun is scheduled to launch on the Sepolia network at epoch 132,608 on Jan. 30, 2024, and will subsequently...
BitcoinOS Unveils ‘Superlayer’ Protocol, Introducing Rollups to Enhance Bitcoin
26.1.2024
Source: Adobe / top images A new platform named BitcoinOS aimed at bringing Bitcoin into the decentralized finance (DeFi) landscape has been introduced by a team of blockchain developers at Sovryn. The platform, which the developers describe as an “operating system” for Bitcoin, utilizes...
Ripple Receives Permission to File Sur-Reply to Correct ‘Factual Mischaracterization’ by the SEC
26.1.2024
Source: AdobeStock Defense attorney and former federal prosecutor James K. Filan has revealed that Judge Sarah Netburn has granted Ripple blockchain’s request for a sur-reply. Sharing the development on X (formerly Twitter), Filan announced that the motion to file a “sur-reply has been...
Estonia Renews U.S. Extradition of Crypto Businessmen Accused of $575 Million Ponzi Scheme: Report
26.1.2024
The Estonian government has decided to renew the United States extradition of two alleged fraudsters accused of running a $575 million scheme, Estonian Public Broadcasting reports. “Justified in accordance with the rule of law” The extradition’s approval reverses an earlier decision made by...
Community Notice: Algorand Foundation CEO’s X Account Hacked
26.1.2024
The Algorand Foundation reported that its CEO Staci Warden’s X account was compromised, leading to unauthorized posts on the account. The compromised account posted offensive content, including derogatory language and false statements about the Algorand community. CEO Staci Warden X’s...
AI Agents Will “Probably” Use Crypto, Says Palantir Co-Founder Joe Lonsdale
26.1.2024
Palantir Technologies co-founder Joe Lonsdale has asserted that AI agents will “probably” use crypto when making transactions. In an interview on CNBC’s “Squawk Box” talk show, Lonsdale touched on the future of AI and its potential usage of crypto. When Squawk Box host...
Kraken Taps Former N26 and Coinbase Execs for Key Positions
26.1.2024
Crypto exchange Kraken has announced the hiring of a former N26 Chief Product Officer and a former Coinbase Managing Director. In an statement published on January 25th, Kraken announced it had hired Gilles BianRosa and Marcus Hughes to strengthen its leadership team. The company said the hires...
Trickbot Ransomware Developer Behind $833M Crypto Theft Gets Prison Term
26.1.2024
Source: Pixabay/Pete Linforth A 40-year-old Russian developer of Trickbot ransomware has been sentenced to a five-year prison term, according to the US Department of Justice (DoJ). In a press release dated January 25, the DoJ identified the individual as Vladimir Dunaev from Amur Oblast, Russia....