Worldcoin’s WLD token jumped by more than 12% to over $3 the past day after the project scored significant victories in different jurisdictions. Worldcoin is a proof-of-personhood crypto project that has faced scrutiny and controversy worldwide since its launch due to its facial data collection. These challenges have significantly impacted the WLD token, down more than […]
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Bitcoin’s blockchain technology has long been hailed for its decentralized nature and robust security, making it a cornerstone in the digital asset space. While Bitcoin’s primary role as a cryptocurrency is well-established, its potential as a decentralized timestamping server and global event sequencer opens up new avenues for innovation. As I often say when talking […]
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The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a "platform built on the Bitcoin network that allows for the creation of multiple sidechains."
Polkadot co-founder Rob Habermeier has proposed Plaza, a new system chain designed to unify parachain functionalities and enhance network scalability. According to Habermeier, the current distribution of functionalities across multiple chains creates challenges for users and developers, leading to fragmentation and scalability limitations. He is advocating for a strategic focus on usability by building a […]
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The Web3 Foundation has launched a prize pool of 10 million DOT tokens, equivalent to approximately $65 million, to support the implementation of the highly anticipated Join-Accumulate Machine (JAM) upgrade to the Polkadot’s ecosystem. On May 27, Polkadot’s founder, Gavin Wood, revealed that the project’s community had ratified the proposed upgrade with a near-unanimous governance vote. JAM […]
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Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.
The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploite
Ripple CEO Brad Garlinghouse has announced the name of the company’s upcoming stablecoin at the XRP Ledger Community Summit (XRPL Apex) in Amsterdam. During a panel discussion, Garlinghouse stated: “The name of the Ripple stablecoin [is] RLUSD; I like to call it Real USD or Ripple USD.” While Garlinghouse did not disclose the launch date, […]
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The launch comes after restaking platform EigenLayer started to threaten Lido's dominance in Ethereum DeFi.
For years, Optimism was missing a core feature at the heart of its design: "Fault proofs." On Monday, that tech is finally here.
Cardano founder Charles Hoskinson revealed that the blockchain is on course for its “most significant milestone in history,” with the impending Chang fork setting the stage for the “Age of Voltaire.” In a June 9 social media post, Hoskinson said: “It looks like June will be the month that Cardano Node will reach 9.0. This […]
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There’s a three-way race for the top slot, with Microsoft maintaining a slight edge.
We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”
The EVM will let developers build applications with smart contracts that run on the IOTA network.
Coinbase-backed Ethereum layer-2 network, Base, is experiencing rapid growth, reflecting the significant adoption and attention it enjoys from the crypto community. Base’s growth comes amid the exchange launch of its Smart Wallet, a self-custodial solution aimed at bringing more than 1 billion users on-chain. Increased network activity Base recorded the highest daily transactions among Ethereum […]
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The latest in blockchain tech upgrades, funding announcements and deals. For the week of June 2, 2024.
This edition of Cointelegraph’s VC roundup features Cysic, WeatherXM, GaiaNet, Switchboard, API3, and Scrypt.
Hardware hacker Joe Grand and his team successfully recovered $3 million worth of Bitcoin from a software wallet that had been locked since 2013. The project, which Grand described as unlike anything he had worked on, involved reverse engineering a password generator to unlock the wallet. Grand, known for his expertise in hardware hacking, collaborated […]
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Ethereum layer-2 blockchain Linea is under fire after it revealed that it unilaterally stopped block production because Velocore, a decentralized exchange operating on its network, was hacked. Over the weekend, 700 ETH—equivalent to over $2.6 million—was moved off the layer-2 network via an unnamed third-party bridge because of the Velocore hack. As of press time, […]
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It’s unclear why the two companies have partnered up, but the scheme comes amid Apple’s push to dominate the “spatial computing” market.
Deutsche Bank AG has announced its strategic push into blockchain technology as a potential remedy for the margin compression challenges facing the financial services industry, Bloomberg News reported on May 29. The German banking giant is participating in Singapore’s Project Guardian, an initiative led by the Monetary Authority of Singapore, which aims to harness the […]
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We took a spin through some of the side events and preparations taking place Tuesday ahead of CoinDesk's annual conference, which starts Wednesday in Austin.
Dune, a prominent web3 data analytics platform, has introduced Dune Catalyst, an enterprise solution designed to streamline blockchain data integrations. This new offering aims to assist blockchain teams in making their data accessible to the world’s largest crypto data community through either a fully managed or hosted solution. Interested parties can schedule a call via […]
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Crypto firm MoonPay is targeting digital experience for brands in its new Web3 platform, a market estimated to reach over $25 billion by 2029.
Solana validators voted to allocate 100% of priority fees to themselves on May 27, ending the previous 50/50 split between burning fees and rewarding validators. The proposal, known as SIMD-0096, passed with 77% approval. It aims to address perceived flaws in the current system and align incentives for network security and efficiency. The change in […]
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Stripchain’s funding round included investors such as Sora Ventures, Hyperithm, Shima Capital, Mechanism and several crypto angel backers.
The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack.
Polimec, a decentralized and community-driven funding parachain, has officially launched on Polkadot and is set to begin its first project evaluation, according to a May 20 statement shared with CryptoSlate. The platform evaluates Web3 projects for potential fundraising, aiming to bring transparency, accessibility, and regulatory compliance to the process. Polimec’s launch marks a new era […]
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US billionaire Frank McCourt is leading a consortium to acquire TikTok and decentralize it using the Decentralized Social Networking Protocol (DSNP) from Project Liberty. TikTok, boasting over 170 million users, is being pressured by the US government to sell due to national security concerns and purported links to the Chinese government. McCourt’s initiative, termed the […]
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Geoffrey Hinton also warns that advanced AI could pose an existential threat within the next five to 20 years.