Coinbase Senior Director Steps Down
Vishal Gupta, senior director of product management at crypto exchange Coinbase, has left the company, becoming the second top executive to depart in 2023.
SushiSwap Suffers $3.3M exploit, Some Funds Recovered
SushiSwap, a decentralized finance protocol (DeFi), lost over $3 million on April 9 due to a smart contract bug.
U.S. Department of the Treasury Takes on DeFi
The US regulators have recently dealt a series of significant blows to the largest cryptocurrency exchanges and have shifted their focus towards decentralized platforms. As a strong message, they have published a detailed report highlighting the potential risks involved in DeFi.
NVIDIA Finds a New Gold Mine in AI
In a recent interview with The Guardian, Michael Kagan, the CTO of well-known GPU manufacturer NVIDIA, made a bold statement about cryptocurrencies. According to him, despite the fact that the industry has brought the company huge profits in 2021, cryptocurrencies do not provide any value to society.
Global Struggle to Regulate AI: Diverse Government Approaches
As artificial intelligence (AI) rapidly progresses, governments around the world face an unprecedented challenge to regulate this emerging technology. Various countries have adopted distinct approaches to handling AI’s development and integration into society.
Montenegro Explores Digital Currency with Ripple Collaboration
Montenegro’s Central Bank has forged a partnership with Ripple to examine the potential for a Montenegrin digital currency, which may take the form of a central bank digital currency (CBDC) or stablecoin. Although not a member of the Eurozone, Montenegro adopted the euro as its official currency in 2002.
dYdX Moves Closer to a Cosmos-Based Network Transition
dYdX has left the StarkEx (a Layer 2 network from StarkWare) and is moving to its own blockchain within the Cosmos ecosystem. In the meantime, the decentralized exchange has launched the private testing phase of dYdX v4. The reason for this step is probably StarkEx shortcomings.
Ukraine Approves Ukrposhta NFT Stamp
Ukraine’s Verkhovna Rada recently voted in favor of issuing the country’s first digital NFT postal stamp by Ukrposhta, with 283 deputies supporting the initiative.
Lee Mullican’s Works Take on New Life as NFTs
The digital artworks by Lee Mullican, a pioneering figure in the field, has been released in NFT format on the Tezos blockchain. Dubbed LeeMullican.PCX, the collection comprises 12 pieces and was published on the Feral File platform, a leading curator of NFT art exhibitions
Arkansas Breaks New Ground with Pioneering Bill for Miners
Arkansas is making strides with the innovative Arkansas Data Centers Act of 2023, now approved by both the House of Representatives and Senate, and pending Governor Sarah Huckabee Sanders’ signature. This cutting-edge legislation seeks to provide a robust framework for Bitcoin miners, shielding them from prejudiced regulations and taxes while guaranteeing parity with data centers.
Steve Jobs as Satoshi Nakamoto?
Crypto YouTuber and trader Lark Davis recently shared a thought-provoking tweet, stirring up new speculation about the enigmatic creator of Bitcoin, Satoshi Nakamoto. Davis, who goes by @TheCryptoLark on Twitter, proposed that Apple co-founder Steve Jobs might be the shadowy figure responsible for the groundbreaking digital currency.
Thai Opposition Leader Promises $300 Crypto Airdrop if Elected
Thailand has been grappling with economic challenges over the past few years, including high household debt and a sharp decline in tourism due to the COVID-19 pandemic.
Do Kwon’s extradition to the US and South Korea could take years
This information was made public through an article on the cryptocurrency analysis website, DL News. The publication has been conducting a thorough investigative report on Do Kwon’s case for several months now.
Fostering Crypto Growth is in Japan’s National Strategy
Japan’s Liberal Democratic Party (LDP) is spearheading a distinctive approach to advance Web3 and crypto development as a core element of the country’s national agenda under Prime Minister Fumio Kishida. The LDP’s Web3 project team has endorsed a white paper that delineates a series of groundbreaking recommendations aimed at fostering the industry and promoting a crypto-accommodating environment.
Coinbase-Backed Lawsuit Fights Tornado Cash Sanctions
Coinbase has joined six plaintiffs in a legal challenge against the US government’s sanctions on Tornado Cash, a privacy-focused cryptocurrency mixer. The parties argue that the sanctions imposed by the Office of Foreign Assets Control (OFAC) are a violation of their Constitutional rights and are seeking to reopen Tornado Cash for all US-based citizens.
Alchemy Pay gains $10M from DWF Labs!
The payment system Alchemy Pay, which makes transactions between fiat and crypto counterparts smooth, just got a major boost. Thanks to a partnership with investment firm DWF Labs, Alchemy Pay has secured $10 million in funding. Now they can keep the good times rolling and simplify crypto payments for everyone!
OPNX: A Groundbreaking Exchange with $1.26 Trading Volume
The highly anticipated bankruptcy claims exchange OPNX, co-founded by former Three Arrows Capital (3AC) managers Kyle Davies and Su Zhu, made a grand entrance on Tuesday—boasting a staggering $1.26 trading volume across all spot and derivatives markets. The exchange’s native token, FLEX, is down by 28% in the past 24 hours.
Musk’s Shiba Inu Twitter Icon Caused an Uproar
No, it’s not April Fool’s Day. Just Elon Musk is playing around with Twitter once again.
PostFinance & Sygnum: Crypto’s New Odd Couple
Switzerland’s major retail bank, PostFinance, has formed a partnership with Sygnum, the world’s first digital asset bank, to provide regulated cryptocurrency services to their customers. This alliance brings together traditional finance and digital assets, hinting at a crypto-influenced future for the banking industry.
Tether fights FUD again
The Wall Street Journal reported that in late 2018, Tether and some of its partners tried to maintain access to the international banking system using fake companies and forged documents. Is Tether’s reputation at risk again?
Proof of Climate awaReness: Greener Blockchain Protocol
SEB and Crédit Agricole CIB have collaborated to launch so|bond, a digital bond platform utilizing the Proof of Climate awaReness protocol to boost efficiency and real-time data synchronization for capital market issuers.
EU Targets NFTs as Part of AML Procedures
Non-fungible tokens (NFTs) are now under the EU’s scrutiny as the Union is determined to keep fighting illicit financial activity.
AI Designs Swiss Crypto Stamps
Swiss Post has announced the upcoming launch of Crypto Stamp 3.0, a unique blend of the physical and digital worlds that features AI-generated stamps, which also serve as Non-Fungible Tokens (NFTs). The AI-designed stamps were created during Swiss Digital Days 2022, as an artificial intelligence system generated the patterns based on words selected by event visitors.
Jack Daniels Launches AR Campaign with NFTs
Jack Daniels has partnered with Yahoo Creative Studios to launch an AR campaign featuring Polygon-based digital collectibles and Augmented Reality (AR).
Hot Crypto Discussions on X Today: Market Volatility, Crypto ETFs, & More
Today, the crypto community is discussing market volatility, regulations, and the future of crypto ETFs, among other topics on X/Twitter.
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.
