South Korea’s National Assembly has officially passed a bill into law requiring lawmakers and high-ranking government officials to disclose their crypto asset holdings. The new law is a response to a recent scandal involving a politician allegedly violating campaign finance laws using cryptocurrency. The “Kim Nam-guk Prevention Law” According to a report from local news...Read More
Abstract: When making low value payments on the lightning network, especially in “high” onchain fee environments, the security benefits of the lightning’s HTLC system may be somewhat limited. This problem may only be applicable in a limited number of scenarios, namely while the payment is in-flight and mainly for payment routers. Quantifying the magnitude of...Read More
The European Systemic Risk Board (ESRB) published a report on Thursday outlining the top 3 nightmare scenarios in which a crypto industry crisis could bleed in and pose “systemic risk” to the broader financial system. The top risk listed is a potential run on a “large reserve-backed stablecoin,” such as Tether (USDT) or USD Coin...Read More
In a recent interview on the David Lin Report, esteemed crypto analyst Jason Pizzino shared his insights on Bitcoin’s future trajectory, predicting a significant surge for the leading cryptocurrency. Pizzino believes that Bitcoin’s price could skyrocket by more than 75% once it successfully surpasses a crucial resistance zone. Analyst’s Bullish Prediction Currently, Bitcoin faces a...Read More
Coinbase-incubated Base is gearing up for a mainnet launch as the Ethereum layer 2 ecosystem heats up. Path to Base mainnet includes a certain set of objectives to be met. The official timeline for the mainnet launch has not been revealed yet, but Optimism’s upcoming Bedrock upgrade remains a crucial factor. Base Mainnet The Base...Read More
The world’s leading cryptocurrency exchange – Binance – is launching a new NFT loan feature. It is designed to enable users to borrow cryptocurrency, using their non-fungible tokens as collateral. Binance continues its effort in the world of non-fungible tokens. According to a press release shared with CryptoPotato, the exchange is launching a new feature. It will...Read More
The “Build ‘N’ Build” Chain, formerly known as the Binance Smart Chain (BSC) will be going through a hard fork in June. The network upgrade is called Luban and will introduce three evolution proposals. Let’s dive in. The BSC Luban upgrade is scheduled to take place on June 11th, provided regular network activity. It is...Read More
Following OpenAI’s astonishing success, another project backed by its CEO Sam Altman has closed a significant funding round amidst a bleak year for crypto investments. The crypto ID project – Worldcoin – has raised $115 million in a Series C funding round led by Blockchain Capital. Other participants in the funding round include a16z, Bain...Read More
Growing PoS adoption reflects a glaring shift in the digital asset industry. While Ethereum and layer 2s networks have dominated substantial network activity conversation, Polygon has mostly kept a low profile this year. However, the latest stats show an uptick in the number of new addresses created daily on it. According to the data shared...Read More
Story Highlights FLOKI Inu recently got listed on the Binance innovation zone, helping the coin peak to $0.00005301 post the news. FLOKI’s Price has given a staggering 162,223.13% returns since its inception. With a potential surge, the Price may go as high as $0.000279 by the end of 2030. Introduction Floki, also known as the...Read More
[PRESS RELEASE – Singapore, Singapore, May 25th, 2023] The Open Network (TON), a revolutionary technology to unite all blockchains and Web2 internet into one open network, in collaboration with DWF Labs and Amazon Web Services (AWS), is hosting a decentralized finance (DeFi) and Data Analytics Hackathon, Hack-a-TON x DWF Labs x AWS. The hackathon provides developers...Read More
[PRESS RELEASE – Perth, Australia, May 25th, 2023] The team behind the Australian Kosmos Ventures is excited to unveil their new investment vehicle, Zero Age Ventures, focusing on blockchain technology. The new fund looks to build on the successful legacy of the Kosmos Fund I. Originally established in 2017, Kosmos made numerous seed investments in...Read More
On the 25th of May, Binance announced the seizure of approximately $4.4 million in cryptocurrency belonging to fronts for North Korean organizations operating in the country and abroad. Due to sanctions against the rogue nation, agents working for it have often turned to illicit methods of raising funds, including theft of crypto. Illicit Research Funding...Read More
[PRESS RELEASE – Stockholm, Sweden, May 24th, 2023] Chain of Alliance Launches Public Alpha 1.0 on Chromia Testnet Sigma, Paving the Way to Become the Premier Turn-Based, Party-Builder RPG Multiverse Chain of Alliance is thrilled to unveil the next phase of its remarkable journey as it solidifies its position as the leading turn-based, party-builder RPG...Read More
[PRESS RELEASE – New York, United States, May 24th, 2023] Following months of battle-testing by partner projects, developers, and community, production-ready Nautilus Chain graduates from testnet. Zebec, a pioneer in streaming finance, announced today the launch of Nautilus Chain – soon to be Zebec Chain – on mainnet, an important milestone in building its continuous...Read More
Do Kwon – co-founder of the collapsed Terra (LUNA) blockchain – has been denied bail after receiving initial approval to be released for roughly $430,500. On Wednesday, a court spokesperson told Bloomberg that a high court in Monetegro’s capital overturned a lower court decision to release Kwon on €400,000. The founder remains in jail. Prosecutors...Read More
The leading open-source cryptocurrency trading library, CCXT, has joined the BitMEX Partner Programme, bringing faster and more reliable trade execution, real-time access to market data, and an even more streamlined trading experience for our users. Simultaneously and symbiotically, we are pleased to join CCXT’s Certification Program, which will improve the reliability of our connection via...Read More
Florida Governor Ron De Santis has officially announced that he’s entering the United States 2024 Presidential race, poised to be former President Donald Trump’s greatest opponent within the Republican primary. Unlike Trump, De Santis has pushed pro-crypto policy multiple times in the past and is staunchly opposed to Central Bank Digital Currencies (CBDCs). De Santis...Read More
