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Canadian Court Declares Freeze on Crypto Donations During ‘Freedom Convoy’ Protests Unconstitutional
25.1.2024
In a judicial rebuke, the Federal Court of Canada ruled that the Trudeau government’s decision to freeze cryptocurrencies during the 2022 “Freedom Convoy” protests was unconstitutional. Trudeau Government’s Emergency Powers Challenged: Court Rules Crypto Freeze Unlawful In a ruling...
WEF Panelists: Blockchain’s ‘Killer Use Case’ Might Be Tracking AI Model Data Bias
25.1.2024
Using blockchain to stamp out biases in artificial intelligence models might turn out to be the technology’s “killer user case,” executives attending the World Economic Forum in Davos have said. The blockchain firm Casper Labs and the computer giant IBM have partnered to create an...
Uma’s Latest Innovation Ova Promises Fairer Profit Distribution in Defi
25.1.2024
UMA has officially introduced Oval, a novel product designed to optimize the use of oracle data by defi protocols. This tool changes how protocols manage oracle-based MEV, enhancing efficiency and fairness in Ethereum’s blockchain profits. Oval Launch by Uma Aims to Redistribute Profits Back...
Trezor Confirms Unauthorized Use of Email Provider Led to Malicious Emails
25.1.2024
Hardware wallet provider Trezor has confirmed that the unauthorized use of its third-party email provider led to a spate of malicious emails sent to users over the past 12 hours. In a statement released on January 24, Trezor disclosed that it had detected an unauthorized email impersonating...
Solana launches Token Extensions for enterprise-grade use cases
25.1.2024
Solana recently introduced token extensions, a futuristic token toolset. According to the X thread, the advanced token functionality will help developers on Solana. With the extensions, developers can quickly build custom token experiences. These experiences will be designed to keep up with every...
Solana Unleashes Token Extensions to Enhance SPL Token Standard
25.1.2024
On Wednesday, Solana Labs unveiled the launch of token extensions, marking a noteworthy advancement in the SPL Token standard. The blockchain network’s token extensions aim to provide a suite of solutions for businesses transitioning to distributed ledger technology, emphasizing security...
Immediate Neupro Ai Review – Scam or Legitimate Trading Platform
24.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate Neupro Ai reportedly welcomes users to discover a wide world of financial opportunities by connecting them with ‘top brokerage firms’ or exchanges. The platform also...
Cryptojacking Skyrockets: Here’s How It Works
24.1.2024
Cryptojacking has been on the rise with hackers targeting financial firms. It is a type of cyber attack which involves hijacking a computer and using its power to mine cryptocurrencies. It is a malicious activity where unauthorized individuals or software use someone else’s computer or device...
Dragon's Dogma 2 Devs Say Fast Travel Use Is A Sign Of Boring Worlds
23.1.2024
Navigating massive, open-world games like Bethesda Game Studios’ Starfield or CD Projekt Red’s The Witcher 3 usually requires a shortcut to span their sprawling maps. Though you can hop in a car in Rockstar Games’ Grand Theft Auto or travel by horse in Ubisoft’s Assassin’s Creed Valhalla, players...
US Senator Elizabeth Warren Comments Digital Assets Are Used to Evade Economic Sanctions
23.1.2024
U.S. Senator Elizabeth Warren criticized the illegal use of cryptocurrency assets by bad actors. Commenting on a report issued by the U.S. Government Accountability Office (GAO), Warren declared that “rogue nations are using crypto to dodge sanctions and undermine our national...
Exploring the Privacy Concerns Around CBDCs
23.1.2024
The future of money is digital and many countries are developing their own Central Bank Digital Currencies (CBDC). This in turn will have far-reaching implications on society, businesses, and banks, as the use of physical cash declines. Retail CBDCs are government-backed digital fiat money which...
British Army Planned To Use Fortnite In Recruitment Campaign
22.1.2024
Join us in trying to think of something more gross than a nation’s army using a children’s video game as a recruitment tool. That was the plan of the British Army, who thought it might be rather jolly to recruit some influencers to play Fortnite, to promote joining their ranks. However, it looks...
Scammers Use Meme Coin Mania to Defraud 42,000 Victims and Amass $32 Million: Blockfence
22.1.2024
A group of fraudsters has managed to deceive over 42,000 victims, accumulating a staggering $32 million in a series of crypto scams that began in April 2023. What makes this scam unique is the use of a method that even fooled some of the industry’s renowned “rug pull detectors,”...
US Senators Introduce Bill ‘to Combat Illicit Use of Crypto Assets’ Through Public-Private Partnership
20.1.2024
U.S. lawmakers have introduced a bill “to combat the illicit use of crypto assets.” The Preventing Illicit Finance Through Partnership Act “will allow federal regulators to work with the private sector to gain insight into the often-misunderstood world of crypto to weed out...
Moonwell’s Bold $2.3M Plan to Counter Frax Hack Debt Sparks Controversy
19.1.2024
Moonwell, a decentralized finance (DeFi) borrowing and lending protocol, is facing controversy over its proposal to use $2.3 million worth of digital asset collateral to offset bad debt from Frax Finance (FRAX) pools due to a hack nearly two years ago. In a plebiscite held on December 31, 2023...
K33 Research Note Claims Cardano Network Lacks Meaningful Use, Native Token Value at Risk
19.1.2024
The latest K33 Research note asserts that the Cardano network has no meaningful use and this does not augur well for its native token. The note concludes that nothing is happening on the network except “exchange transfers and a group of bagholders fabricating blockchain activity.”...
Donald Trump Is the Latest Republican to Use CBDCs as a Dog Whistle
18.1.2024
The presidential candidate declared fevered opposition to a digital dollar on Wednesday night, even though there are no official plans for one in the U.S. Why?
Bitcoin Mining Using Sustainable Energy With a Record High of 54.5% in 2023
18.1.2024
Sustainable energy use for Bitcoin (BTC) mining reached an all-time high of 54.5% in 2023, a 3.6% increase throughout the calendar year. The analysis, conducted by The Bitcoin ESG Forecast, compared Bitcoin’s sustainable energy mix to other industries using publicly available data over...
Scorpion Casino is Stepping up the Game With 30,000 Monthly Betting Opportunities – What Does it Mean for Investors?
18.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The online gambling industry has experienced exponential growth over the past decade, with no signs of slowing down. Crypto casinos, in particular, have seen a surge in popularity thanks to their...
Spot Bitcoin ETF Approval Was a Sell-the-News Event: CryptoQuant
18.1.2024
It has been a whole week since the U.S. Securities and Exchange Commission (SEC) approved Spot Bitcoin exchange-traded funds (ETFs) and unsurprisingly this has been a “sell-the-news” type of event. Many cryptocurrency traders decided to use this event as the perfect opportunity to sell...