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VC Firm a16z Wades Into Crypto Tech Research with ZK Projects ‘Jolt’ and ‘Lasso’
10.8.2023
A pair of open-source projects from venture giant Andreessen Horowitz, known as a16z, aim to improve the performance of systems that use zero-knowledge technology – a cryptographic method used to scale blockchains
US and China AI-tech standoff shows signs of spreading to other countries
10.8.2023
The ongoing spat between the United States and China over emerging tech like AI continues as U.S. President Joe Biden restricts investments
Coinbase's Much-Hyped Base Blockchain Draws Modest $10M of Inflows on Day One
10.8.2023
However, nearly $166 million had already flowed to the blockchain ahead of the official launch
ChatGPT-Based Search Function Goes Live on Blockchain Encyclopedia IQ.wiki
10.8.2023
IQ GPT will help fight misinformation in the crypto space and onboard new users
Singapore Red Cross Says It Now Accepts Crypto Donations
10.8.2023
Well-wishers who want to financially support the Singapore Red Cross can now do so via crypto donations. All donations are converted into fiat currency within 24 hours after the donation has been made. Benjamin William said his organization has enabled the crypto option for “donors who...
The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software
10.8.2023
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...
Fireblocks Discloses ‘Zero Day’ Vulnerabilities Impacting Leading MPC Wallets
9.8.2023
It’s unlikely users were impacted by the vulnerabilities – collectively referred to as “BitForge” – but Fireblocks says they could’ve let hackers “drain funds from the wallets of millions of retail and institutional customers in seconds” if left unfixed
As Curve Averts DeFi Death Spiral, Fiasco Exposes Serious Risks
9.8.2023
Curve, a leading decentralized exchange on Ethereum, was hacked for $70 million in July. Questions continue to linger around the platform's long-term viability and potential contagion risk
Coinbase Officially Launches 'Base' Blockchain, in Milestone for a Public Company
9.8.2023
The big U.S. crypto exchange Coinbase says its blockchain is the first ever to be launched by a publicly traded company, and represents a major push into a new revenue opportunity
How to become a ‘Blockchain Radical,’ according to podcaster Joshua Dávila
9.8.2023
Despite its libertarian reputation, author and podcaster Joshua Dávila, aka The Blockchain Socialist, believes crypto is for everyone — including the Left
Cardano-Based MuesliSwap to Refund ‘High Slippage’ Losses for Users
9.8.2023
Users are said to have lost varying amounts of funds by setting slippage too high due to a “misunderstanding.”
Coinbase Exec: ‘There’s No Playbook’ for Public Company Launching Blockchain
9.8.2023
As Coinbase, the big U.S. crypto exchange, plans to launch its new Base blockchain on Wednesday, CoinDesk interviewed Jesse Pollak, who’s leading the effort. Here’s an excerpted version
Venture-Backed Saddle Finance Proposes Wind-Down, Dissolution
8.8.2023
The Ethereum-based crypto trading protocol will shut down and distribute its treasury to investors
Blockchain Security Firm Forta Upgrades Its Scam Detector to Battle Growing Crypto Fraud
8.8.2023
Hundreds of millions of dollars have been lost to scams and exploits in July alone
Disney creates an AI task force to explore the tech and cut costs: Report
8.8.2023
Disney has reportedly created a task force for studying how it can incorporate AI into its operations, sources close to the matter told Reuters
Fake PayPal USD Tokens Pop up on Several Blockchains
8.8.2023
Some of these tokens can’t be sold after purchase, while some can "pull the rug" at any moment
Crypto Exchange Mango’s Legal Bills Swell, a Year After Alleged $116M Heist
7.8.2023
First the blockchain-based exchange was allegedly victimized by a market manipulator, and now it's having to spend big on lawyers to pursue suits and other remedies
It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations'
7.8.2023
An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new "ChatBTC" is less likely to give incorrect answers about the original cryptocurrency, or to “hallucinate” like the more popular (and generalist) ChatGPT
Lido Attracted 10K Ether Stakers to Protocol in July
7.8.2023
The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022
Cardano Blockchain Transactions Jumped 49% Last Quarter as ADA Sentiment Grew
7.8.2023
Blockchain load – a measure of how much data is contained in blocks over a certain period – rose to 50% in the second quarter from under 40% in the first. It peaked at 81% in May