While the advent of Metaverse is seen as a major step in the crypto frontier, a report released by NYU Stem Center for Business and Human Rights (CBHR) warned that these developments could lead to an unprecedented erosion of privacy and a rapid surge in physical aggression. CBHR’s report recommends adopting solid steps by both the Web3 space and governments to avert a looming security and privacy crisis. Unprecedented Erosion of Privacy Metaverse, Extended Reality, or Spatial...
Read More »Polygon Labs Pitches Plan to Streamline Celo’s Move to Ethereum Layer 2 Using CDK
Polygon Labs has suggested that the Celo blockchain community consider utilizing its Chain Development Kit (CDK) to streamline the intended layer-2 migration on the Ethereum network. The proposal comes after cLabs, the primary development team behind Celo, unveiled an alternative strategy in July to transition its layer-1 into an Ethereum-compatible layer-2 solution by utilizing Optimism’s OP Stack. OP Stack is a similar customizable toolkit that leverages Optimism’s...
Read More »Galaxy Digital Turns to Europe for Crypto Growth Amid Regulatory Struggle
Amid increased regulatory scrutiny in the United States, Europe has become an attractive destination for crypto firms. Galaxy Digital, the crypto venture led by US billionaire Mike Novogratz, is now venturing into the European market for greener pastures. As part of this expansion, the company has appointed Leon Marshall, formerly an executive at the crypto broker Genesis, as its first Head of Europe. Marshall is tasked with establishing a regional presence based in London....
Read More »Ibiza NXT 2023 – Heading toward a purpose-driven Web3 innovation journey
Ibiza NXT returns with its third edition, taking place from October 4th to 6th on Ibiza, the globally renowned ‘White Island’. This iconic destination has embarked on a transformative journey to evolve into a ‘blockchain island’ committed to enhancing connectivity, scalability, and sustainability within its vibrant community. This year’s conference dives deep into the convergence of purpose and technology, exploring how Web3 and blockchain innovation stand poised...
Read More »CryptoQuant: Gehen den Bitcoin-Börsen die Bitcoins aus?
Die Analyse-Firma CryptoQuant wie Chainalysis einige ziemlich spannende Charts zu bieten. Unter andere diesem hier: Ein einfacher Chart, die schwarze Linie zeigt den Verlauf des Bitcoin-Preises, die blaue Linie das Total aller Coins auf den Bitcoin-Börsen. Na gut, was halt bekannt ist. Also absolute Werte sind vom blauen Chart nicht zu entnehmen, aber da der Chart historisch ist, also weit zurückgeht und eben in Verbindung mit dem Verlauf des Bitcoin-Preises im selben Bild dargestellt wird,...
Read More »Quantstamp’s CEO: Here’s Why ‘Audited By’ for Crypto Security in 2023 is Not Enough (Interview)
Richard Ma, the CEO and founder of Quantstamp, stands at the forefront of the cryptocurrency auditing landscape. With his firm recognized as one of the leading smart contract auditing entities, Ma’s perspective offers invaluable insights into the evolving challenges and paradigms of crypto safety. In an interview with CryptoPotato that was held at Token2049 in Singapore, Ma delves deep into the current limitations of smart contract auditing, the varied nature of crypto hacks...
Read More »Crypto Case Against Mark Shin Thrown Out of Court
A $9 million crypto case has been thrown out of court. Mark Shin was recently charged with theft, cybercrime theft, and money laundering after prosecutors accused him of using a software update to his advantage and to create his own digital currency. Mark Shin is Breathing a Sigh of Relief While the evidence appeared damning at the time, the judge overseeing the case had decided there isn’t much there. John Kellner – the 18th Judicial District attorney – explained...
Read More »Bitmain Invests $53.9 Million in Core Scientific to Support Mining Operations
Core Scientific, Inc., a prominent player in high-performance blockchain computing data centers and software solutions, has revealed that Bitmain, a global leader in manufacturing digital currency mining servers, will be making a significant investment of $53.9 million in it. This move further strengthens the longstanding relationship between the two companies. Bitmain and Core Scientific have agreed to acquire new Bitcoin mining equipment and host a new hosting agreement....
Read More »David Rubenstein: BTC is Never Leaving Us
David Rubenstein is a billionaire that’s suddenly seeing bitcoin in a whole new light. He commented in a recent interview that bitcoin is here to stay, and that it’s likely to make huge waves throughout the financial arena. David Rubenstein is a BTC Fan The big thing that’s caused him to change his mind is the fact that BlackRock – one of the biggest standard monetary institutions in the world – has decided to enter the bitcoin industry through a new ETF...
Read More »Former Deutsche Bank Executive Pleads Guilty to Crypto Fraud Charges
Rashawn Russell, a former investment banker and registered broker who worked for Deutsche Bank, has pleaded guilty to charges relating to investment fraud, after orchestrating a cryptocurrency scheme to swindle investors. The ex-Deutsche executive could face a maximum sentence of 30 years in prison for his crimes. Russell to Pay Restitution of Over $1.5 Million The United States Department of Justice (DOJ) announced Russell’s guilty plea in a press release on Sept. 19, 2023....
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