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California senator slams OpenAI’s opposition to AI safety bill
22.8.2024
As the debate over SB 1047 intensifies, Wiener remains steadfast in his support for the bill, which he believes is a necessary step toward responsible AI governance
Liminal Custody Challenges WazirX Claims on $230M Crypto Hack
20.8.2024
In response to recent remarks by WazirX founder Nischal Shetty regarding the Mandiant report, which both seemed to…
Coinbase Challenges CFTC Proposal, Advocates for Balanced Regulation of Event Contracts
9.8.2024
Coinbase Chief Legal Officer Paul Grewal has raised concerns on social media regarding the Commodity Futures Trading Commission’s (CFTC) proposed rule to ban certain event contracts. Coinbase has also formally responded to the proposal, urging the CFTC to reconsider its stance, which...
X halts ads for Premium+ users as Musk lawsuit challenges first amendment
8.8.2024
Musk may finally be acknowledging the sun has set on X’s ad sales, but he isn’t going quietly into that good night
X halts ads for Premium+ users as Musk lawsuit challenges First Amendment
8.8.2024
Musk may finally be acknowledging the sun has set on X’s ad sales, but he isn’t going quietly into that good night
Mutiny to Cease Operations Amid Technical Challenges in Bitcoin Lightning Wallet Development
8.8.2024
Mutiny Wallet has announced that it will be shutting down its operations by the end of 2024 due to significant technical challenges in Bitcoin Lightning wallet development. The company is exploring alternative products and has decided to wind down the wallet as it becomes increasingly complex...
SEC Challenges Coinbase’s Extensive Discovery Requests
7.8.2024
The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal...
Binance Challenges $86M Tax Demand From India’s DGGI
6.8.2024
Binance, the world’s largest crypto exchange, is challenging a substantial tax notice issued by Indian authorities. The Directorate…
Galaxy Research warns of sustainability issues for Bitcoin layer-2 rollups
4.8.2024
The future of Bitcoin rollups will depend on continued innovation and optimization in data compression and scalability
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
3.8.2024
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging...
On-Device Proofs Solve DePIN Verification Challenges
2.8.2024
Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt Benno and Houman Shadab
Stablecoin adoption greater risk for developing nations
26.7.2024
A new report warns that the adoption of global stablecoins in emerging markets and developing economies poses significant financial risks and regulatory challenges
Blockchain gaming ‘disappointing’ despite high funding — Pixelverse co-founder
26.7.2024
Pixelverse co-founder Kori Leon said their organization is taking a different approach by building a strong user base without “unrealistic” promises
Nigerian crypto star out on bail following police detention
20.7.2024
Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector
Nigerian crypto star out on bail following police detention
20.7.2024
Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector
Crypto firms’ vulnerability to CrowdStrike blackout: Analyst insights
20.7.2024
Although no major crypto exchange was affected by the CrowdStrike downtime, analysts provided possible impacts in a case where they are
Web3 experts cite innovation and PR as key challenges for NFT adoption
19.7.2024
Web3 professionals discuss the barriers to broader NFT adoption, including the need for new narratives, improving reputation and simplifying user experiences
Consumers find more use cases onchain, devs face challenges: Solana Foundation
15.7.2024
Decentralized finance is becoming more things to more people. That’s not easy to do
Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges
10.7.2024
Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that he hasn’t spoken with the U.S. President for over two years. “When any President calls...
Nigerian minister urges SEC to tackle crypto regulation challenges
10.7.2024
Nigeria's cryptocurrency regulations are currently in the process of being updated