Wallets

Coinbase takes equity stake in Circle as Centre Consortium shuts down

• by admin
• August 22, 2023

Circle will take on full operational and governance responsibility after five years, thanks to increased regulatory clarity. NEWS Coinbase and Circle have redefined their relationship, according to identical announcements on the Coinbase and Circle blogs on Aug. 21. The two organizations jointly launched the USD Coin  USDC $1.00  stablecoin and have, until now, governed the token through the Centre […]

Wallets

Sam Bankman-Fried will get one day in court to meet with lawyers

• by admin
• August 22, 2023

According to a judge’s order, SBF will be allowed access to one laptop and “WiFi device” for roughly seven hours while meeting with counsel in a courthouse cell block attorney room. NEWS A federal judge overseeing former FTX CEO Sam “SBF” Bankman-Fried’s criminal case has issued an order allowing Sam Bankman-Fried to meet with his […]

Wallets

11 potential impacts on crypto and the market from the rise of CBDCs

• by admin
• August 20, 2023

The ultimate impacts of CBDCs on the crypto industry may be a mixed bag of positives and negatives, and insiders need to monitor developments. INNOVATION CIRCLE In June 2023, the Atlantic Council, based in the United States, announced the results of a study on global nations’ interest in and progress toward creating their own central bank digital […]

Wallets

BitGo raises $100M after losing lawsuit against Galaxy

• by admin
• August 20, 2023

BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said. NEWS Cryptocurrency custody platform BitGo has raised fresh capital after facing a series of terminated deals involving firms such as Michael Novogratz’s Galaxy Digital. BitGo has raised $100 million in a Series C financing round bringing the […]

Wallets

Google upgrades search engine with AI-powered enhancements

• by admin
• August 20, 2023

Google said that generative AI streamlines search functions, enabling individuals to discover novel perspectives and insights more effortlessly. NEWS Google introduced a series of enhancements to its search engine on Aug. 15, incorporating advanced generative artificial intelligence (AI) features it says will enhance online information discovery and comprehension. The recent update extends the foundation of the company’s Search Generative […]

Wallets

5 smart contract vulnerabilities: How to identify and mitigate them

• by admin
• August 20, 2023

Explore five critical smart contract vulnerabilities that pose risks to blockchain systems. Learn how to spot and neutralize these threats for secure and resilient DApps. OVERVIEW Smart contracts, the self-executing code on blockchain platforms, have transformed industries by automating processes and enabling trustless transactions. However, their complexity can also make them susceptible to vulnerabilities that could be […]

Wallets

Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko report

• by admin
• August 20, 2023

According to the report, Europe is home to nine of the 10 least profitable countries for Bitcoin mining, based on household electricity costs. NEWS A significant worldwide contrast exists in household electricity expenses for individual Bitcoin  BTC $26,078  miners. While producing one Bitcoin in Italy costs $208,560, in Lebanon, it’s roughly 783 times cheaper, according […]

Wallets

North Korean hackers have stolen $2B of crypto since 2018: Report

• by admin
• August 20, 2023

TRM Labs estimates that North Korean hackers have stolen $200 million of cryptocurrency in 2023 alone. NEWS North Korean hackers continue to threaten the broader cryptocurrency ecosystem, having stolen an estimated $2 billion of crypto over the past five years. Blockchain intelligence firm TRM Labs released its latest deep dive into the murky world of […]

Wallets

What is OpenAI code interpreter, and how does it work?

• by admin
• August 20, 2023

1. The basics of OpenAI code interpreter OpenAI, a leading entity in the field of artificial intelligence, has developed OpenAI code interpreter, a specialized model trained on extensive data sets to process and generate programming code.  OpenAi code interpreter is a tool that attempts to bridge the gap between human language and computer code, offering myriad applications […]

Wallets

Cross-chain wallet BitKeep changes name to Bitget Wallet after acquisition

• by admin
• August 13, 2023

The exchange follows the likes of Binance, KuCoin and OKX in running self-custody wallets parallel to CeFi operations. NEWS Collect article Cross-chain wallet BitKeep has changed its name to Bitget Wallet after the crypto exchange purchased a controlling stake for $30 million in March According to the Aug. 10 announcement, the name change is coupled with the launch of […]