Blockchains need to become interoperable in order for the industry to truly flourish and several innovations will accelerate the ecosystem towards it, say executives.
Decentral Block Post
AI token trading volume stagnant despite Worldcoin buzz – Kaiko data
The examination revealed a moderate increase in the trading volume of AI tokens last month, reaching approximately $870 million, up from $570 million at the close of July.
Terra Luna Classic contemplates deposit hike to curb spam proposals
This measure is intended to counteract the influx of "spam" and irrelevant proposals submitted for voting within the Terra Luna Classic community.
Binance’s exec exodus, Nasdaq to trade AI orders and SBF loses bail appeal: Hodler’s Digest, Sept. 3-9
Binance executives depart, Nasdaq will trade AI-based orders and a bail appeal is denied for Sam Bankman-Fried.
G20 moves forward with international crypto framework
The upcoming framework will affect users in several countries by automatically exchanging information about crypto transactions between jurisdictions on an annual basis.
Ripple's CLO calls SEC's latest filing "Hypocritical Pivot"
He pointed out that Gensler had requested an urgent appeal while simultaneously asserting that crypto regulations and rules were clear and must be adhered to by the industry.
Congressman Tom Emmer seeks amendment to limit SEC's crypto oversight
Emmer intends to introduce an appropriations amendment that will limit the SEC's utilization of funds for digital asset enforcement until comprehensive rules and regulations are put in place.
BIS thinks DeFi has no use cases, but CZ is bullish: Finance Redefined
Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical.
Ripple acquires Fortress Trust, expands license portfolio in the US
Fortress holds a Nevada Trust license for asset custody. Ripple holds more than 30 licenses across the United States.
Big Questions: What’s with all the crypto deaths?
Stuffed down toilets, dismembered in suitcases — crypto has been the common denominator for several gruesome murders and mysterious deaths this year.
Saudi Arabia looks to blockchain gaming and Web3 to diversify economy
The kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as gaming and Web3.
Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report
The Thodex founder fled the country in 2021 only to be detained in Albania in Aug. 2022 and extradited to Turkey in April 2023.
Tencent’s AI leviathan, $83M scam busted, China’s influencer ban: Asia Express
Tencent builds the largest AI LLM model ever, South Korean authorities bust $83M crypto scam.
Ethereum’s proto-danksharding to make rollups 10x cheaper - Consensys zkEVM Linea head
Consensys zkEVM Linea head Nicolas Liochon says speed and execution will continue to increase as it tweaks its Ethereum layer 2 scaling solution.
Ethereum’s proto-danksharding to make rollups 10x cheaper — Consensys zkEVM Linea head
Consensys zkEVM Linea head Nicolas Liochon says speed and execution will continue to increase as it tweaks its Ethereum layer 2 scaling solution.
Security platforms warn about hidden phishing and wallet drainer links
Cybersecurity professional Christian Seifert gave an example on how Discord's measure against malicious links can be abused by scammers.
Blockchain could have prevented Nigeria's naira scarcity effects - Local experts
According to local stakeholders, the decision to print new naira notes could have occurred via DeFi, involving Nigerians and aiding readiness for the change
Africa's blockchain journey begins with poverty alleviation - CEO Sumotrust
Africa must erase the poverty in general and help people into the middle class in order to drive faster blockchain technology incorporation.
Decentralized Infura launch within months, Web2 cloud giants may join: Consensys
Decentralized Infura will consist of Infura and a decentralized market of other third-party data providers.
Web3 made simple: Brinc joins forces with Cointelegraph Accelerator
Brinc partners with Cointelegraph Accelerator to establish a two-way support bridge for startups developing the future of Web3.
JPMorgan moves into deposit tokens for settlements: Report
JPMorgan is reportedly developing the infrastructure to run a new deposit token, allowing settlements between banks for corporate clients.
Stake hack of $41M was performed by North Korean group: FBI
After investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers Lazarus Group.
AI and blockchain will 'reshape sectors' and create new markets from scratch — Moody's
According to an analysis from Moody's Investors Service, AI and distributed ledger technologies are set to disrupt companies, industries, and economies across the globe.
Binance to reimburse users $1M for Cyber Earn incident
Users were prevented from withdrawing their CYBER Earn assets on the exchange due to a cross-chain bridging issue.
Binance's indecision to freeze BNB wallets drew controversy in this $11M rug pull
As it turns out, Binance does in fact have the power to freeze private wallet addresses on BNB Chain, albeit only with the consensus of all its validators.
Ripple CTO says 'tide is turning' on US regulatory environment
David Schwartz believes the U.S. legal system is looking more skeptically at SEC cases against various cryptocurrency industry participants.
Crypto whale loses $24M in staked Ethereum to phishing attack
A significant portion of the stolen funds has been transferred into the fully automatic cryptocurrency exchange FixedFloat.
NFT Collector: Creative AI art, Tomorrowland sells tomorrow’s future
AI art is gaining acceptance while Squiggles inch closer to the finish line.
Polygon Foundation denies Matic dump on Binance, claims wallets were mislabeled
Nansen, who was responsible for labelling these wallets, claimed that these addresses showed strong links to Polygon, however it removed the label after Polygon CEO’s public refute.
Binance crypto exchange saw departure of 10 key executives in 2023. Here's the list
Binance CEO Chang Peng Zhao sought to dismiss concerns around executive departures, claiming these executives are moving into bigger roles outside Binance, and said reports are market FUD.