Optimism Network Completes ‘Bedrock’ Upgrade
The Optimism network has successfully implemented its “Bedrock” upgrade, resulting in significant enhancements such as shortened deposit times, reduced layer-1 fees, and advanced security measures.
SEC Seeks Court Order to Freeze Binance US Assets
In a recent development, the U.S. Securities and Exchange Commission (SEC) has requested a court to issue a temporary restraining order to immobilize assets connected to Binance.US. The request, filed in the D.C. District Court, seeks approval to freeze assets linked to BAM Management US Holdings and BAM Trading Services, the entities that hold and operate Binance.US.
Swift and Chainlink Test Blockchain Interoperability Protocol
In a recent press release, Swift, the renowned interbank communication network, and Chainlink, a prominent blockchain oracle provider, have unveiled their collaborative project involving several significant financial institutions. Their goal is to explore the possibilities of connecting with multiple blockchain networks.
Incrypted Unveils Major Crypto Event
Get ready for one of Ukraine’s major crypto events – Incrypted Conference 2023, scheduled for June 10-11. With an array of renowned Ukrainian speakers, world-scale project representatives, and innovative startup pitches, the conference promises something new for every attendee.
Alex Mashinsky Strikes Back
Former Celsius CEO Alex Mashinsky believes that New York Attorney General Letitia James is wrong.
The SEC has filed a lawsuit against Coinbase
In a legal action brought forth on June 6, the U.S. Securities and Exchange Commission (SEC) charges that cryptocurrency exchange Coinbase has been conducting business as an unregistered exchange.
Kenya to boost government budget with cryptocurrency taxes
Kenya’s government plans to introduce a 3% tax on digital assets for the upcoming fiscal year. The proposed legislation, set to be enacted on June 8, 2023, aims to bolster Kenya’s depleted treasury through heightened tax measures.
SEC Files Lawsuit Against Binance and CZ
Binance and its CEO, Changpeng Zhao, are currently facing legal action from the US Securities and Exchange Commission (SEC) for alleged breaches of US securities rules.
El Salvador’s Bold Move: Creating the Biggest Bitcoin Mining Farm
El Salvador is seizing the opportunity presented by its abundant natural resources and introducing “Volcano Energy,” positioning itself as a major contender in the global Bitcoin mining industry. The country’s ambitious plan involves the construction of a 241 MW renewable power generation park in the Metapán region, integrating solar and wind projects.
EU Calls for Labels on AI-Generated Content
European Union authorities are contemplating additional steps to enhance the transparency of artificial intelligence (AI) tools such as OpenAI’s ChatGPT, addressing concerns over potential misuse for disinformation.
UK Parliamentarians Push for Rapid Crypto Regulatory Framework
A cadre of British politicians, members of the Crypto and Digital Assets All Parliamentary Group (APPG), have issued a call for accelerated implementation of cryptocurrency regulation within the United Kingdom. Furthermore, the group urges the appointment of a dedicated government official to oversee this crucial process.
JPMorgan and Indian Banks to Test Blockchain-based Settlements
JPMorgan Chase & Co., the leading global financial services firm, has unveiled a groundbreaking partnership with six prominent banks in India to deploy a pioneering blockchain-based solution for streamlining interbank dollar transactions in India’s emerging international financial hub.
CZ and Justin Sun Have a Misunderstanding
The founder of Tron Justin Sun and Binance CEO CZ had a misunderstanding. Were they able to solve it?
The UK Wants to Appoint a Crypto Tsar
The United Kingdom supports the development of the crypto industry. The latest report serves to underscore that.
Bored Ape Yacht Club Collection: How is It Fairing Now?
Bored Ape Yacht Club (BAYC) is the crème de la crème of non-fungible tokens (NFTs), but how is the collection doing these days?
Microsoft Insists AI is Good
Microsoft wants to expedite the AI development and does not buy any technology-related concerns.
EU Slams Twitter, Ramps Up AI Disinfo Fight
AI is making waves but the EU is ready to navigate them.
Ripple and SOL Get Boost From Crypto Community
Ripple and SOL are in vogue. It’s time to find out why.
Atomic Wallet Security Breach Update
In a recent update, Atomic Wallet has confirmed that less than 1% of their user base was affected by the security breach. The company, in collaboration with dedicated blockchain investigators, has been working diligently to track and recover the stolen funds. Their efforts are focused on minimizing the impact of the breach and restoring confidence within the community.
Estonia Tightens Regulations: Why Crypto Firms Are Shutting Down?
In the past year, a considerable number of cryptocurrency companies in Estonia have been compelled to close their doors, either voluntarily or due to regulatory pressure. The catalyst for these closures was the introduction of amendments to the law on combating money laundering and preventing the financing of terrorism in 2022.
Twitter Account of XRP Advocate Hacked on Birthday
In a surprising turn of events, John Deaton, a prominent figure in the cryptocurrency space and advocate for 76,000 XRP token holders, experienced a distressing incident on his birthday. His Twitter account was maliciously hacked, leaving his followers bewildered and concerned.
Boosting AI’s Role in Cybersecurity
OpenAI, a leading entity in artificial intelligence development known for its creations like ChatGPT and Dall-e, has recently unveiled an ambitious $1M Cybersecurity Grant Program. The initiative is part of a broader campaign to encourage advancements and gauge the real-world impact of cybersecurity mechanisms powered by artificial intelligence.
Next-Level Scam: Impersonators Take on Uniswap Executives
In a shocking turn of events, Hayden Adams, the creator of Uniswap, took to Twitter to express his disbelief at an audacious scam that targeted the platform. The scammers behind this elaborate scheme not only devised a deceptive Uniswap website but also went the extra mile by organizing a meticulously planned hour-long Zoom call, complete with deepfake versions of their own employees.
Starknet is Accelerating!
In a much-anticipated move, Starknet developers announced on Twitter today that the network is poised to showcase a significant increase in its transaction speed, expecting to reach a three-digit throughput. The improvements are scheduled to appear on the testnet within the next four weeks.
Opinion
MORE
Who Is Crypto Kaleo: A Market Analyst with 700,000 Followers
Crypto Kaleo is a renowned crypto trader and one of the most followed influencers in the industry. Active since 2017, he has built a strong presence on X, TradingView, and other platforms, sharing technical analysis, market predictions, and insightful commentary on the crypto space.
Investigation
MORE
Zora Network Reviewed: A Testnet Guide
Are sky-high Ethereum fees getting you down? The folks at Zora have come up with an alternative, introducing their Layer 2 solution with lower transaction fees. This article will walk you through how to get involved with the project and earn some rewards.