Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow
BTC and stocks look to rally after US lawmakers potentially reach a deal on the debt ceiling.The United States looks to avoid a catastrophic debt default after the White House and the House Republicans ...
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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.Bitcoin may be the answer to combat cybersecurity threats driven by ar...
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USDT market share jumps amid economic uncertainty, USDC shrinks
Over the past year, Circle's USD Coin has seen its market share decline from 34.88% to 23.05%. Tether's USDT shows a contrasting picture.The market dominance of stablecoins pegged to the United States d...
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What are NFT royalties, and how do they work?
NFT royalties refer to the percentage of sales or transactions of a nonfungible token (NFT) that are paid to the original creator or owner of the NFT.What does the future hold for NFT royalties?...
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Institutions seek detailed blockchain analytics for crypto adoption — Elliptic
Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions.As more institutions explore digital assets, the need for on-ch...
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Tornado Cash governance control set to be restored as voters approve proposal
A total of 517,000 token votes favored the proposal, with none opposing it.The governance tokenholders of Tornado Cash will soon regain control over the protocol’s operations, thanks to an unexpected p...
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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.Adding to the growing number of decentralized finance (DeFi) protocol hacks in the crypto industry, Jimbos Protocol is the la...
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Beijing releases white paper for Web3 innovation and development
The release of the white paper coincides with new digital asset regulations in Hong Kong, raising further interest in China’s stance toward the crypto industry.Beijing’s municipal government has unve...
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Hong Kong Police Force launch new metaverse platform, ‘CyberDefender’
The platform was launched to promote crime prevention in the metaverse, with the police warning that “all crimes in the cyberspace could also happen in the metaverse.“The cybersecurity unit of the Ho...
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Biden reaches ‘tentative’ US debt ceiling deal: Report
United States President Joe Biden has urged the United States Congress to “pass the agreement right away.“Amid growing concerns of a potential default by early June, United States President Joe Biden...
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FTX 2.0 coming up, Multichain FUD and Worldcoin raises $115M: 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.Top Stories This Week...
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Why is Grand Theft Auto 6 unlikely to incorporate cryptocurrencies?
Occasionally, rumors surface that Grand Theft Auto six will integrate cryptocurrency, fueling expectations that the franchise may make its way to Web3.Rumors suggesting Grand Theft Auto six will incorpor...
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Binance kicks off transition to new platform in Japan
The move follows the acquisition of the regulated crypto exchange Sakura Exchange Bitcoin in November 2022.After five years out of the Japanese market, crypto exchange Binance has ...
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Crypto Stories: Cheds recounts how he leaned on crypto during his toughest times
Cheds shares the story of how he shifted his focus to crypto after being diagnosed with cancer.Technical analyst Cheds has dreamed of being a trader since his childhood. However, the journey he had to t...
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Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down
This week’s Crypto Biz explores Hotbit’s closure, Hong Kong’s licensing of crypto firms, Bitstamp’s acquisition by Ripple and Ledger’s branding crisis.Another centralized exchange (CEX) bites t...
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How are NFTs used in fashion and wearables?
The fashion industry is progressively employing NFTs in conjunction with virtual technology to enhance user experiences.The future of NFTs in fashionThe future of NFTs in the fashion...
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Stargate community proposes removal of Fantom USDC pool to mitigate risks
So far, a total of 1.7 million verified members of the Stargate community have voted in favor of the proposal.Stargate, the LayerZero cross-chain bridge protocol, has responded to the recent “force maj...
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Nigerian crypto company suspends withdrawals after BTC and naira compromise
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media.Patricia — a Nigerian gift card and ...
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Bitcoin holds 200-week average as trader says ‘inflection point’ is here
Bitcoin sentiment is overly bearish, some claim, with BTC price protecting a key moving average trend line.Bitcoin (BTC) held its most recent gains i...
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How to learn JavaScript using ChatGPT
Discover how to learn JavaScript effectively using ChatGPT, an AI-powered language model.Imagine yourself as a future programmer eager to learn JavaScript, one of the most popular languages for web devel...
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Top metaverse property investments suffer massive losses: Report
Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year.Prices of virtual lands on some of the top metaverses hav...
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Gemini, Genesis file to dismiss SEC lawsuit against Earn product
Gemini said the SEC’s lawsuit against its “Earn” product — which offered yields to customers against their crypto deposits — was “ill-conceived.“Cryptocurrency exchange Gemini and bankrupt ...
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MakerDAO proposal seeks to hike DAI savings rate to 3.33%
The DAI savings rate was increased to 1% in December 2022, leading to 35 million DAI being deposited in a month, according to MakerDAO.The community of Ethereum-based decentralized finance (DeFi) ...
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JPMorgan Chase enters generative AI race with IndexGPT trademark
JPMorgan’s ChatGPT rival, IndexGPT, will be used across various business units, including advertising, business consulting and different finance-focused software.Financial services giant JPMorgan Chase...
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Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection
Despite hating on crypto for years, and calling NFTs worthless and easy to replicate two years ago, Peter Schiff is set to release an NFT art collection on Bitcoin.In what seems like a parody but isn’t...
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Cronos Labs launches second cohort of $100M Web3 accelerator
On May 15, the chosen projects commenced the 12-week program after being granted seed funding of $30,000.Blockchain startup accelerator Cronos Labs has announced the launch of its second cohort for the ...
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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.Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post from Ma...
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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.The European Central Bank (ECB) has published a su...
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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.Chinese Bitcoin mining company Canaan ...
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A16z releases anonymous voting system for Ethereum
The system uses “time-lock puzzles” to encrypt the contents of votes, making them unreadable until balloting has finished.Venture capital fund Andreessen Horowitz, also known as A16z, has released a ...
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