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Blockchain
dYdX Utilizes $9M Insurance Fund Following Alleged Targeted Attack on YFI
The decentralized exchange (DEX) dYdX experienced a significant financial event on November 17, requiring the use of its insurance fund. The exchange had to cover $9 million worth of customer liquidations following a dramatic market…
Sushi Launches on Filecoin, Expanding Decentralized Exchange Services
Filecoin, the world's largest decentralized storage network, now welcomes Sushi, a prominent decentralized exchange (DEX), marking a pivotal development in decentralized storage and exchange services. Filecoin's unique approach to cloud…
US Supreme Court Steps In On Coinbase Customer Contract Dispute
In a recent legal tangle, Coinbase, a prominent cryptocurrency exchange, and its customers have brought forward a contractual disagreement to the United States Supreme Court. The crux of the matter revolves around who - a court or an…
UN convenes AI High-level Advisory Body for Global Governance
The United Nations Secretary-General is spearheading a multi-stakeholder High-level Advisory Body on Artificial Intelligence (AI). The initiative aims to harness AI's potential for humanity while addressing its accompanying risks and…
Magic Eden Halts BRC-20 Trading Temporarily Amid Ordinals Expansion
On October 22, 2023, the decision was made by Magic Eden, a multi-chain NFT marketplace, to temporarily prohibit the trading of BRC-20 tokens in order to guarantee the maximum degree of safety possible for its consumers.
This decision…
UAE and OKX Unveil Framework for Metaverse Self-Governance
The UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications Office has published a whitepaper on a "Responsible Metaverse Self-Governance Framework" with contributions from OKX, a notable player…
Ethereum Founder Vitalik Buterin Proposes Tweaks to Improve Decentralization and Reduce Consensus…
Vitalik Buterin, the founder of Ethereum, has recently proposed a series of changes aimed at improving the network's staking model. The primary objectives are to enhance decentralization and reduce the computational burden on the consensus…
OpenTrade and WOO X Unite to Offer Tokenized T-Bills to Asian Investors
On September 29, 2023, OpenTrade, a notable platform bridging traditional financial markets with digital asset realms, declared a strategic collaboration with WOO X, enabling its user base to tap into tokenized Treasury Bills (T-Bills) and…
ChatGPT Forecasts the Likelihood of Ripple XRP Reaching $1 in 2023
ChatGPT, an AI model developed by OpenAI, has recently offered insights into the likelihood of Ripple's XRP reaching the $1 milestone in 2023, with our prompts. While the analysis is data-driven, it's important to clarify that these are…
Paolo Ardoino: Tether Tests New Bitcoin Mining Platform, Moria, with Enhanced Software Control
In a recent update from Paolo Ardoino, the Chief Technology Officer of Tether, it was revealed that Tether is in the testing phase of its new Bitcoin mining platform named Moria. The announcement, made via Ardoino's official Twitter handle…