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US Senators Cynthia Lummis and Kirsten Gillibrand Propose Legislation to Regulate Digital Assets
12.7.2023
US Senators Cynthia Lummis and Kirsten Gillibrand are set to propose a new bill today to regulate cryptocurrencies and other digital assets in the country.
Lummis and Kristen will reintroduce their Responsible Financial Innovation Act amid the ongoing debate about the future of digital asset...
Layer-2 Blockchain Starknet's ‘Quantum Leap’ Upgrade Goes Live, for Speedier Transactions
12.7.2023
The upgrade went live following a community vote that overwhelmingly agreed to deploy it to mainnet
Unmissable: AusCryptoCon, APAC’s largest crypto and Blockchain event, returns this November
12.7.2023
Speakers include American entrepreneur Michael Saylor, CEO of Perth Heat Steven Nelkovski, and Australia’s leading crypto tax lawyer and founder of Cadena Legal Harrison Dell, with more to be announced. General and VIP tickets for the flagship crypto and Blockchain event are on sale now. ...
US GAO explores blockchain for SBA’s small business programs oversight
12.7.2023
the GAO highlighted blockchain’s ability to streamline and improve annual reporting, facilitating safe loans and monitoring business development progress among others
Arkham CEO rebuts claims of ‘snitch-to-earn’ program, says it's to find bad actors
12.7.2023
Arkham CEO Miguel Morel said public blockchains are "probably the worst possible way of keeping one's private information private.”
New Research: Bitmain's S19 Miners Hold Majority of Bitcoin Network Hashrate
12.7.2023
Bitcoin’s energy efficiency has been a concern over the years as mining activities consumed rather massive amounts of electricity.
Part of this resulted from the machines miners use, which have a high energy consumption.
According to a new report by Coinmetrics, three Bitcoin mining rig models...
Russians ‘Can Pay Taxes on Their Crypto Earnings’ – Despite Crypto’s Lack of Legal Status
12.7.2023
The Russian tax body says that citizens “can pay” taxes on their crypto earnings, despite the fact that tokens have no legal status in the country.
In another sign that the government appears to be sending mixed messages about its stance on crypto, the Federal Tax Service (FTS) stated that crypto...
Multichain Executor has been 'draining' AnySwap tokens: Report
11.7.2023
The contract has used an “anySwapFeeTo” function to transfer hundreds of thousands of dollars worth of tokens to itself, which on-chain sleuth Spreek suspected may have been malicious
Billionaire Winklevoss Twins and DCG's Barry Silbert Dispute Takes a Nasty Turn
11.7.2023
Cameron and Tyler Winklevoss, the billionaire twins who owns crypto exchange Gemini, may have a hidden agenda with their lawsuit against Barry Silbert’s crypto conglomerate Digital Currency Group (DCG), a recent Fortune article has suggested.
According to the article, there is a chance that...
Rich Dad Poor Dad Author Robert Kiyosaki Predicts US Dollar's Demise Imminent as BRICS Nations Soon to Unveil Gold-Backed Crypto
11.7.2023
Robert Kiyosaki – author of the famous personal finance book Rich Dad Poor Dad – is bearish on the U.S. dollar after BRICS nations reportedly agreed to establish a gold-backed currency.
The agreement, reported by Russia Today (RT) last week, will supposedly be officially announced in August at...
Bots Sending BTC — Lightning Labs Releases New Tools for AI-Bitcoin Integration
11.7.2023
On July 6, Lightning Labs released new developer tools to enhance the intersection of artificial intelligence (AI) and Bitcoin. The layer two (L2) startup introduced a new specification known as L402 and tools that enable AI systems to conduct transactions over the Lightning Network. The Fusion...
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
DOJ Charges 25-Year-Old with Stealing $450,000 in NFTs and Crypto from OpenSea
11.7.2023
A Moroccan man, Soufiane Oulahyane, aged 25, has been charged by the Department of Justice (DOJ) for his alleged involvement in stealing approximately $450,000 worth of cryptocurrency and non-fungible tokens (NFTs).
Oulahyane is accused of creating a fake version of the popular marketplace...
ConsenSys launches Linea zkEVM to further scale Ethereum
11.7.2023
ConsenSys rolls scaling network Linea, which delivered faster throughput and 15 times lower transaction costs than Ethereum’s layer 1
Bug bounties can help secure blockchain networks, but have mixed results
11.7.2023
How bug bounties can improve security by using talent from the blockchain community
Axelar partners with Microsoft for hybrid blockchain solutions
11.7.2023
Through the collaboration, Axelar will be the first cross-chain protocol to join Microsoft’s Azure marketplace
Crypto Startup Arkham Faces Backlash for Doxxing Users and Privacy Breach
11.7.2023
Blockchain analysis platform Arkham has found itself in hot water after it was revealed that the company had leaked its own customers' private information.
The issue stems from Arkham's weblink referral program, where users can invite others onto the platform by sharing their unique referral...
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...
MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet
11.7.2023
The rollup chain from ConsenSys, known as a zkEVM, joins a growing field of projects aiming to expand access to Ethereum using zero-knowledge cryptography
Apple vs. Zapple Pay: Bitcoin Tipping on Damus App Challenges App Store Policies
11.7.2023
In June, Apple (AAPL) threatened to remove the Bitcoin-friendly social media app, Damus from its App Store, which led to the rise of Zapple Pay. The reason behind this threat is Damus' feature that allows users to tip each other with bitcoin (BTC) on the app, which Apple considers equivalent...