Blockchain
Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking
The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase Notably, the BOB application
Blockchain
Zksnacks to Cease Coinjoin Transactions, Affecting Wasabi, Trezor and Btcpay
On Thursday, Zksnacks, the developer behind Wasabi Wallet, announced its decision to cease its coinjoin services following regulatory measures in the US The company stated that the wallet will now
Blockchain
Messari CEO Criticizes US President’s Crypto Stance, Foresees ‘Mass Wealth Confiscation’ if Biden Gets Reelected
Recently, Messari’s founder and CEO, Ryan Selkis, has expressed strong opinions about the potential impact of a Joe Biden reelection on the cryptocurrency industry in the United States On
Blockchain
Coinbase Announces Support for Bitcoin’s Lightning Network
Coinbase, a leading US-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution Coinbase will now allow its users to take
Blockchain
Top VCs Join EYWA’s Seed Round Led by Curve’s Founder
PRESS RELEASE Road Town, British Virgin Islands — May 2, 2024 EYWA, a consensus bridge that secures transactions across multiple protocols, has raised a total of $7 million as it delivers the new
Blockchain
Lightspark CEO Expects Bitcoin to Dominate AI-Related Monetary Transactions
David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future He describes bitcoin as
Blockchain
Fidelity Digital Assets Study: Bitcoin’s Volatility Declines as It Grows, Echoing Historical Asset Trends
A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks “As the asset class matures and
Blockchain
Record Withdrawal From US Bitcoin ETFs Marks Largest Single-Day Outflow
On May 1, 2024, US spot bitcoin ETFs experienced their most significant single-day outflows since their inception on Jan 11, 2024 ETF Institute Co-Founder: ‘Inflows Don’t Go up in a
Blockchain
Faisal Al Monai: Convergence of AI and Blockchain Is a Solution to Data Integrity Issues in AI Model Training
The Middle East and North Africa (MENA) lead the world in the adoption of blockchain and cryptocurrencies because governments in the region actively promote digital transformation in their strategic
Blockchain
Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance
Unknown attackers recently siphoned digital assets valued at just under $16 million from the decentralized finance protocol, Pike Finance The protocol announced it is offering a 20% reward for the
Blockchain
Aave Labs Unveils Ambitious Plans for Protocol V4: Enhancing GHO Stability and Cross-Chain Liquidity
Aave Labs proposed a significant upgrade to its protocol, aimed at enhancing features like its stablecoin GHO, introducing a Unified Liquidity Layer for better integration, and improving the
Blockchain
Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights
Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software Lummis’s remarks follow the DOJ’s reply