The Open Network users will be able to use Oobit’s Tap & Pay technology to pay merchants in fiat while spending USDT.
Decentral Block Post
Reentrancy attacks in smart contracts, explained
Understand the mechanics of reentrancy attacks, a common exploit in smart contracts. Get insights on prevention and mitigation strategies.
Crypto casinos can onboard millions of users into Web3 — MyPrize CEO
On the latest episode of The Agenda podcast, MyPrize founder Zach Bruch makes the case for crypto casinos and online gambling as a path toward mass adoption.
Over 600 firms reveal billions in combined investment in Bitcoin ETFs
Millennium Management is the largest Bitcoin ETF investor with a $1.9 billion investment.
Binance develops ‘antidote’ to address poisoning scams after $68M exploit
Binance’s new algorithm has already helped detect over 13.4 million spoofed blockchain addresses on BNB and over 1.68 million on Ethereum.
ShibaSwap rolls out major upgrade, moves to Shibarium
Previously only available on the Ethereum blockchain, the DEX will now operate on both Shibarium and Ethereum.
Chinese police bust $1.9B USDT underground banking racket
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations.
Boosting AI: Senators propose $32B investment plan for US tech growth
After months of meetings with industry experts and AI critics, four U.S. senators published what they say is a comprehensive roadmap for maintaining U.S. leadership in AI development.
Swiss leaders plan to enforce global crypto reporting framework
Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework to improve transparency.
Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.
Bitcoin whale demand accelerates but price jump could ‘take weeks’ — Analysts
The break in Bitcoin’s daily downtrend and heightened demand from whales indicate Bitcoin’s price could jump, but analysts expected it to take a few weeks.
Millennium Management discloses $2B in Bitcoin ETF holdings
International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products.
Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims
Eclipse’s chief growth officer Vijay Chetty was named CEO “effectively immediately” with the firm announcing that Neel Somani was departing.
Blockchain ID project Humanity Protocol hits unicorn status with $30M raise
Over half a million people are already on the waitlist for Humanity Protocol’s public testnet launch, expected to take place in the back half of 2024.
Vanguard’s new boss says Bitcoin ETF not on the table: Report
Salim Ramji wants to stick with Vanguard’s investment philosophy which excludes offering Bitcoin as it is too speculative an asset.
Bitcoin crosses $66K as traders eye 2 key indicators for $70K target
The Gann Fanns model and an emerging Inverse Head and Shoulders pattern are top of mind for traders to see if Bitcoin can “bounce” above its all-time high.
FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research
“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox.
SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel
The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler.
Price analysis 5/15: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB
Risky assets, including Bitcoin and altcoins, received a boost following today's CPI report.
Mastercard launches ‘next generation’ of blockchain payments startup program
The program has added five startups and will trial various payment technologies ranging from blockchain to Web3.