NFT project was actually a "social experiment" designed to shed light

Little Shapes NFT was first conceived as a “social experiment,” as disclosed by Atto, the pseudonymous originator of the project. The goal of the “social experiment” was to bring light on large-scale nonfungible token (NFT) bot network frauds on Twitter. Since late December 2022, Little Shapes has been receiving a significant amount of attention from … Continue reading NFT project was actually a "social experiment" designed to shed light

Court Upholds OFAC's Designation of Tornado Cash Under IEEPA

The United States District Court for the Northern District of Florida issued a decision concerning the designation of Tornado Cash by the Office of Foreign Assets Control (OFAC). The case, identified as Case 3:22-cv-20375-TKW-ZCB, revolved around the designation of Tornado Cash under the International Emergency Economic Powers Act (IEEPA). The IEEPA authorizes the president to … Continue reading Court Upholds OFAC's Designation of Tornado Cash Under IEEPA

Bithumb Designates Velo Protocol's VELO as Investment Cautionary Cryptocurrency

Bithumb, South Korea’s largest cryptocurrency exchange, has designated Velo Protocol’s VELO token as an investment cautionary cryptocurrency effective February 22, 2023. The exchange cited lack of transparency into Velo’s business activities and failure to comply with previous improvement requests as reasons for the designation. Deposits of VELO will be suspended starting at 4PM KST on … Continue reading Bithumb Designates Velo Protocol's VELO as Investment Cautionary Cryptocurrency

Bithumb Designates SANTOS, PORTO, and LAZIO Tokens as Investment Warning Assets

As South Korea’s premier digital asset platform, Bithumb has continually prioritized investor protection through its rigorous trading support policies and oversight of supported digital assets. In a recent announcement, Bithumb has notified users of its decision to designate three football club tokens—SANTOS FC (SANTOS), FC PORTO (PORTO), and SS LAZIO (LAZIO)—as Investment Warning assets. This … Continue reading Bithumb Designates SANTOS, PORTO, and LAZIO Tokens as Investment Warning Assets

BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

Cryptocurrency enthusiasts can now participate in the highly anticipated BounceBit (BB) Megadrop, an event organized by Binance, one of the leading cryptocurrency exchanges. This unique opportunity allows users to engage in the Megadrop by subscribing to BNB Locked Products or completing Web3 Quests. Starting from April 26, 2024, at 00:00:00 UTC, participants can take part … Continue reading BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests

Kraken Introduces Simple, Secure, and Powerful Kraken Wallet

Kraken, a leading cryptocurrency exchange, has taken a significant step towards accelerating crypto adoption with the release of Kraken Wallet. The self-custodial wallet is designed to be simple, secure, and powerful, offering users an easy-to-use gateway to the decentralized financial system. Whether individuals are Kraken clients or not, they can utilize the multichain Kraken Wallet … Continue reading Kraken Introduces Simple, Secure, and Powerful Kraken Wallet

A16z Crypto Introduces Jolt zkVM for Blockchain Scaling

To tackle the scalability issues that blockchain networks are facing, A16z Crypto, the investment company Andreessen Horowitz’s cryptocurrency-focused branch, has unveiled Jolt, a zero-knowledge solution known as zkVM. This creative technique integrates SNARKs (Succinct Non-Interactive Arguments of Knowledge) in an effort to expedite and simplify blockchain scaling procedures. What is zkVM (Jolt)? Jolt is a … Continue reading A16z Crypto Introduces Jolt zkVM for Blockchain Scaling

AI bias: how blockchain can ensure its safety

As artificial intelligence (AI) becomes increasingly integrated into our daily lives, concerns about bias within AI systems have garnered significant attention. Bias in AI refers to the systematic errors or inaccuracies in decision-making processes, often resulting from the unconscious prejudices of its developers or the data used to train the algorithms. Addressing bias in AI … Continue reading AI bias: how blockchain can ensure its safety

Binance Academy Introduces University-Accredited Programs with Discount and Rewards

Binance Academy has recently unveiled a range of university-accredited programs in partnership with leading educational institutions in Europe. These programs are designed to provide learners with in-depth knowledge and understanding of blockchain technology and digital assets. The participating universities include the Prague University of Economics and Business (VŠE), the European Business Institute (EBI) of Luxembourg, … Continue reading Binance Academy Introduces University-Accredited Programs with Discount and Rewards

Israeli Central Bank Official Embraces CBDC Competition with Banks for Economic Growth

Israeli central bank official, Andrew Abir, sees the introduction of the digital shekel as a catalyst for technological advancements that will drive competition in the banking sector. He acknowledges the ongoing efforts to increase competition in the Israeli banking industry and states that there is still a long way to go. Abir notes that public … Continue reading Israeli Central Bank Official Embraces CBDC Competition with Banks for Economic Growth

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