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Nansen lays off 30% of its workforce
The CEO of Nansen cited two reasons for the layoffs, including an overly aggressive hiring phase during the bull market and the prolonged crypto bear market t…
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AI experts sign doc comparing risk of ‘extinction from AI’ to pandemics, nuclear war
The “Godfather of AI” and the CEOs of OpenAI, Google DeepMind and Anthropic are among the hundreds of signatories. from Cointelegraph.com News https://ift.…
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Bitcoin Ordinals surpass 10M inscriptions as creator Rodarmor steps down
The number of Ordinals has grown from one to 10 million in less than six months. from Cointelegraph.com News https://ift.tt/tXN4Vqg
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Crypto exchange TrigonX latest to emerge from the FTX rubble
TrigonX is back from the dead after it went into receivership in December, due in part to its $13 million exposure to bankrupt crypto exchange FTX. from Co…
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Filmmaker Alana Mediavilla On Bitcoin’s Energy Consumption, Education And Closing The Gender Gap
It’s no secret that those who feel threatened by Bitcoin will attack it. Just a month ago, The New York Times published a malicious article on Bitcoin mining’…
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Optimism set to unlock $587M worth of OP tokens, will investors unload?
More than 386 million OP tokens are scheduled to be unlocked on May 31, more than doubling the total circulating supply. from Cointelegraph.com News https:…
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Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening
Hong Kong’s retail trading regime is days away from going live and crypto exchanges are keen to make entry into the region. from Cointelegraph.com News htt…
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Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by …
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Reddit collectible avatars onboard nearly 10M into the crypto, NFT space
The popular social platform is about to hit a big milestone in terms of collectible avatar holders after launching "Reddit NFTs" in July 2022. fr…
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Temasek slashes compensation for execs responsible for its $275M FTX investment
While “no misconduct” was determined by Temasek’s internal review, staff involved with the FTX investment will see a dent in their pay package. from Cointe…
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Another dormant Ethereum wallet reawakens after 8 years, moving millions
Its owner acquired the tokens during Ethereum’s ICO in 2015, when each ETH was worth only 31 cents each. from Cointelegraph.com News https://ift.tt/qcDlmUe…
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Ethereum’s Shanghai upgrade made it easier to detect criminals
Staking rewards following Ethereum’s Shanghai upgrade have made it easier for investigators to spot counterintuitive behavior by ETH holders. from Cointele…
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Turns out, it’s pretty difficult to insure crypto users and platforms
A crypto insurance provider will typically assess at least 2,000 variables across 20 risk areas before they even consider insuring a platform, according to an…
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Bitcoin can bring 'cause and consequence into cyberspace', boost security — Michael Saylor
During an interview, Michael Saylor discussed how crypto networks like Bitcoin can promote security and combat digital trust issues. from Cointelegraph.com…
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Arbitrum-based Jimbos Protocol hacked, losing $7.5M in Ether
The attacker used the lack of slippage control over tokens to steal the funds. from Cointelegraph.com News https://ift.tt/roxfk3J
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Beijing releases white paper for web3 innovation and development
Hong Kong's crypto regulations coinciding with the white paper released in Beijing pique interest. from Cointelegraph.com News https://ift.tt/QsknFA0
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The Hong Kong Police Force launch new metaverse platform, ‘CyberDefender’
The platform was launched to promote crime prevention in the metaverse as “all crimes in the cyberspace could also happen in the metaverse." from Coin…
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Biden strikes 'tentative' U.S. debt ceiling deal: Report
According to a source familiar with the negioation there "might be one or two small things they need to finish." from Cointelegraph.com News http…
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FTX 2.0 coming up, Multichain FUD and Worldcoin raises six figures: Hodler’s Digest, May 21-27
FTX reboot is in the works, Multichain issues spark uncertainty and Sam Altman’s crypto project Worldcoin raises millions of dollars. from Cointelegraph.co…
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Why is Grand Theft Auto 6 unlikely to incorporate cryptocurrencies?
From time to time, rumors surface that Grand Theft Auto 6 will integrate cryptocurrency, fueling expectations that the franchise may make its way to Web3. …
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The Sandbox CEO’s Twitter was hacked, used to promote alleged ‘airdrop’ scam
The executive appears to have now recovered his account. from Cointelegraph.com News https://ift.tt/aIs56UC
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ECB sums up digital euro prototyping exercise as it nears possible pilot launch
The European Central Bank exercise looked at a variety of use cases, most of which were quite satisfactory, as well as the use of self-custodied wallets. f…
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Bitcoin miner Canaan’s net loss slightly improved in Q1 amid market turbulence
Diluted net loss per American depositary share in Q1 2023 stood at $0.51, down from $0.55 in the previous quarter. from Cointelegraph.com News https://ift.…
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A week filled with exploits and uncertainty for DeFi: Finance Redefined
DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to spiral out of control. from Cointelegraph.com News https…
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Ordinals Is Bringing The NFT Industry To Bitcoin
The Ordinals protocol has taken the Bitcoin world by storm. Quickly amassing over 9,000,000 inscriptions, the new protocol allows for arbitrary data to be embe…
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Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’
The highly accessible introductory text mentions all the concepts and names a curious reader would need, along with some assessments. from Cointelegraph.co…
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Price analysis 5/26: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
The recovery in the U.S. stock market seems to have acted as a catalyst for the relief rally in Bitcoin and select altcoins. from Cointelegraph.com News ht…
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WEF publishes crypto asset regulation recommendations for government, industry
The World Economic Forum analyzed regulatory approaches to urge cooperation between international organizations, regulators and the crypto industry. from C…
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Bankrupt Lending Platform Celsius Agrees To Purchase Bid By Fahrenheit
Bankrupt lending platform Celsius Network LLC has announced that it has selected a proposal by Fahrenheit as the winning bid to lead the company out of bankrup…
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Norway could go its own way on crypto asset regulation, central bank suggests
International regulation may be too slow and may represent interests that are not in line with Norway’s, Norges Bank suggests in an annual report. from Coi…
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Binance suspends deposits for bridged tokens, seeks clarity from Multichain team
Transactions on the Multichain protocol have been delayed across multiple cross-chain bridges without a clear explanation. from Cointelegraph.com News http…
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Bitcoin Network’s First-Ever BRC20 Stablecoin Launched: Stably USD
Stably, a Stablecoin-as-a-Service (SCaaS) provider and fiat on/off-ramp infrastructure provider for Web3 projects founded in 2018, has launched stablecoin Stab…
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DeFi protocol WDZD Swap exploited for $1.1M: CertiK
The reported attacker is a known exploiter, labeled ‘Fake_Phishing750’ by BscScan. from Cointelegraph.com News https://ift.tt/FIX3pnU
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Binance helped US authorities freeze $4.4M linked to DPRK cybercrime orgs
Following “lawfully served warrants,” Binance worked to flag the accounts and tie up the funds. from Cointelegraph.com News https://ift.tt/5iyNedr
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Gate Group launches new virtual asset trading platform in Hong Kong
As of May 23, users can deposit and withdraw virtual assets and participate in spot trading activities. from Cointelegraph.com News https://ift.tt/fdRBvVo�…
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MicroBT COO Jordan Chen Discusses The Company's Long-Term Goals And The Newest Whatsminers At Bitcoin 2023
MicroBT, a leading manufacturer of Bitcoin mining rigs, is focused on addressing the need for upgraded power sources in bitcoin mining. In an interview conduct…
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Coinbase’s Base network publishes ‘path to mainnet’ outlining roadmap
The testnet must perform the Bedrock upgrade and go through audits and stability tests before mainnet launch. from Cointelegraph.com News https://ift.tt/6A…
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BIT Mining And Chain Reaction Partner To Create New Bitcoin Mining Systems
BIT Mining Limited has announced a collaboration with semiconductor company Chain Reaction to develop next-generation systems for bitcoin mining. According to …
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China Central Television airs crypto segment in rare move
CCTV programming has an audience of over 1 billion within mainland China. from Cointelegraph.com News https://ift.tt/lrLtY6b
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Ledger key recovery service paused amid backlash, will open-source code
Ledger CEO Pascal Gauthier says the past week has been a “humbling experience” and apologized for the firm’s “miscommunication.” from Cointelegraph.com New…
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Ethereum price is pinned below $1.9K and data suggests that is unlikely to change in the short–term
3 key indicators are behind the prolonged bearish trend in Ether, and data fails to identify an immediate catalyst for a price breakout. from Cointelegraph…
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Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects. from Cointelegraph.com News https://ift.tt/3XC…
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Coinbase continues effort to get mandamus for SEC response to rulemaking petition
The cryptocurrency exchange filed a petition for rulemaking with the SEC in July and was served a Wells notice for potential violations of securities law in M…
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Binance Refutes Reuters’ Claims of Commingling: “Story is so weak”
Binance, the world’s largest cryptocurrency exchange by trading volume, is staunchly denying allegations made by Reuters that it commingled customer funds with…
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AI developer Anthropic raises $450M in Series C round
“The funding will support our efforts to continue building AI products that people can rely on," developers wrote. from Cointelegraph.com News https:/…
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Upstream Data Files Lawsuit Against Crusoe Energy Systems For Bitcoin Mining Operations
Canadian Bitcoin mining corporation Upstream Data Inc . has filed a patent infringement lawsuit against Delaware limited liability company Crusoe Energy System…
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Bitcoin surpasses Solana to become second most popular NFT blockchain
Bitcoin’s NFT market is growing, but it is primarily driven by newfound hype for memecoin trading on the blockchain. from Cointelegraph.com News https://if…
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Dash blockchain down for hours after hard fork fail, devs to try upgrade again June 14
The v19 hard fork didn’t go as planned for the privacy coin, but a fix has been released; v18 had experienced a few kinks, too. from Cointelegraph.com News…
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Bitcoin Developer Introduces Ark, A Layer 2 Protocol For Fast And Efficient Payments
A Bitcoin developer by the name of Burak recently unveiled Ark, a Layer 2 protocol designed to enable fast and secure transactions. According to a post on the…
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OpenAI warns superhuman AI may arrive within a decade: ‘We have to get it right’
OpenAI leadership weighed the pros and cons of trying to stop the development of superhuman AI and decided it was in humanity’s best interest to forge ahead. …
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Rising BTC transaction fees are a good thing, Bitcoin educator shares
Dan Held, the chief marketing officer at Trust Machines believes that rising Bitcoin transaction fees may encourage users to look at other Layer-2 solutions. …
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Philippines SEC says Gemini Derivatives is unregistered securities product
Gemini Derivatives is available on the exchange’s new Foundation platform, but those selling or promoting it in the Philippines face fines and long imprisonme…
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Ordinals Have Proven Demand On Bitcoin, But Fees Will Push Users To Layer 2
This is an opinion editorial by Steven Hay, a writer, former trader and art dealer. The Ordinals controversy is still simmering and seems set to flare up aga…
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Hotbit exchange halts operations, urges users to withdraw funds
Hotbit said that centralized exchanges are becoming more cumbersome and highlighted that it is "unlikely to meet long-term trends." from Cointele…
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Tornado Cash attacker to potentially give back governance control, proposal reveals
A few hours into the hack, to everyone’s surprise, the attacker surprisingly reached out to the Tornado Cash community with a new proposal to supposedly give …
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