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Bitcoin Faces Increased Risk Relative to Stocks: Commodity Strategist Mike McGlone Warns of Challenges
7.8.2023
Seasoned commodity strategist Mike McGlone says bitcoin is now riskier relative to stocks, while he further warned that economic downturn pressures may hold silver prices at bay. Bitcoin Volatility Low, Silver Faces Challenges: McGlone In a client communication dated August 2, 2023, the prominent...
URL.canParse
17.7.2023
Parsing of URLs on the client side has been a common practice for two decades. The early days included using illegible regular expressions but the JavaScript specification eventually evolved into a new URL method of parsing URLs. While URL is incredibly useful when a valid URL is provided,...
Decentraland sheds light on Retro 2D Client
30.6.2023
Decentraland’s open protocol has been explored immensely by Retro 2D Client, also known as 2dcl. The DAO grant-funded project has achieved success in transforming the DCL landscape into a 2D pixel art experience. Players are sure to receive benefits since they are allowed to upload their...
Polyhedra Network integrates zk-proof client on Core
21.6.2023
Polyhedra Network has announced integrating its zero-knowledge proof mechanism into Core. The ck-client is built on LayerZero Labs and will now help Core further build the Satoshi Plus ecosystem. Polyhedra Network has assured its commitment to working with Core DAO to drive the adoption of zk-proof...
Xbox's strategy: more first-party, more targeting, more PC
19.6.2023
Also: Steam's new client wishlist changes & lots of game discovery news
Report: Zimbabwean Crypto Trader Uses Recovery Phrase to Steal Digital Assets Worth $457K From Client
9.6.2023
A Zimbabwean crypto trader has appeared in court to face theft and money laundering charges after prosecutors accused him of stealing digital assets worth more than $457,000 from his client. The crypto trader is accused of siphoning the digital assets using seed phrases and passwords he obtained...
US Government in Talks to Rescue Struggling First Republic Bank, Sources Say
28.4.2023
Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial institution. The discussions involve the U.S. Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve, according to reports on Friday. Private-Sector...
A16z’s hyped-up orange balls revealed to be an L2 rollup client
20.4.2023
An earlier series of tweets sharing images of orange balls were the precursor to the announcement of a client for layer-2 solution Optimism
Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12
12.4.2023
The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April...
Singapore Authorities to Set Best Practices for Crypto Client Vetting in Banks
6.4.2023
Singapore officials are collaborating with local banks to develop uniform standards for evaluating customers in the digital asset sector in the aftermath of significant global disruptions in the industry.
The Monetary Authority of Singapore and the police have been working with lenders in...
Tether Gained Access to U.S. Financial System Using Signature Bank: Bloomberg
4.4.2023
Tether CTO Paolo Ardoino, in response to the article, said the company has no exposure to Signature Bank
Buterin weighs in on zk-EVMs impact on decentralization and security
3.4.2023
Vitalik Buterin has weighed the impacts of the addition of zk-EVMs at the protocol level, saying it could speed up the verification process on the base layer
Report: Do Kwon Successfully Formed a Company in Serbia Weeks After Interpol Issued Red Notice
29.3.2023
According to a report, the recently arrested Terraform Labs co-founder Do Kwon was able to register a company in Serbia just a few weeks after Interpol issued a Red Notice for him. Lawyers that helped Kwon form a company in Serbia reportedly said they were not aware of Interpol’s Red Notice...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates, Ahead of Pivotal FOMC Meeting
21.3.2023
Bitcoin consolidated recent gains on March 21, as markets await the upcoming Federal Open Market Committee (FOMC) meeting. Many expect that the Federal Reserve will maintain rate hikes, however at a slower pace of 25 basis points. This comes after the U.S. announced it will explore measures...
Nigeria Fintech Flutterwave Denies Client Account Hacking Reports
6.3.2023
The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as $6.3 million from user accounts. The fintech firm said a routine check of its transaction monitoring system helped to uncover “an unusual trend of transactions on some users’ profiles.”...
Coinbase Severs Ties With Silvergate Bank Amidst JPMorgan Downgrade and Delayed SEC Filing
2.3.2023
On March 2, 2023, the cryptocurrency exchange Coinbase announced that, in light of recent developments, the company is “no longer accepting or initiating payments to or from Silvergate Bank.” The news follows the crypto bank’s delay of its annual 10-K filing with the U.S....
Valve Traps And Bans 40,000 Cheaters In Ingenious Way
23.2.2023
Competitive action RPG Dota 2 remains the second most-played game of all-time on Steam. Naturally, some of those players are cheaters. But this week Valve purged thousands of them from the platform thanks to an extremely clever little rouse: a bit of bogus game code that would only be activated...
Japan’s FTX unit K.K. decides to return back its client’s money
21.2.2023
The FTX unit in Japan, a subsidiary of the failed cryptocurrency exchange of Sam Bankman-Fried, announced its decision to resume withdrawals this week to make the 1st of the FTX group to return funds to customers. FTX, also known as Futures Exchange, is currently a bankrupt company that previously...
Report Reveals Limited Accounting Records, Commingled Funds at FTX Digital Markets in the Bahamas
17.2.2023
PWC, one of the ‘Big Four’ auditors and among the largest professional services networks globally, recently published a report on FTX Digital Markets, the bankrupt crypto exchange’s Bahamian subsidiary. The report indicates that the entity’s accounting records have been limited, and...
FTX’s Bahamas Unit Commingled Client, Corporate Funds, Liquidators Say
16.2.2023
FTX Digital Markets Ltd. had bank accounts with a balance of $219 million, a report by PriceWaterhouseCoopers said