Category: Latest news
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Lightning Labs release new update to allow assets to be sent over Bitcoin’s network
[ad_1] Lightning Labs has released the initial code for the Taro protocol that will allow developers to mint, send, and receive assets on the Bitcoin blockchain. The developers described the development as the first step toward “bitcoinizing the dollar.” The new code release would allow the community to test the code and give valuable feedback…
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ATOM price struggles but Cosmoverse showcases the strength of Cosmos ecosystem
[ad_1] The final day of Cosmoverse in Medellin is coming to an end amid a party atmosphere in South America where few would believe a bear market was underway. Builders, investors, and fans of the Cosmos ecosystem came together in Colombia to celebrate the world of Cosmos and learn about the launch of ATOM 2.0.…
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This MEV bot gained and lost over $1M in 1 hour
[ad_1] A Maximal Extractable Value (MEV) bot 0xbaDc0dE lost over $1 million after a hacker exploited a flaw in its code. Imagine making 800 ETH in a single arb … and an hour later then losing 1100 ETH to a hacker Here is the story of 0xbaDc0dE, an MEV bot who gained and lost it…
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Klaytn launches gas fee rebate program for Web3 Gamers
[ad_1] Korean-based blockchain Klaytn has launched an initiative to allow Web3 gaming companies to build on its network to offset gas fees for gamers. Unlike traditional games, gamers in Web3 need to purchase cryptocurrency to pay for gas fees before playing a game. Moments of high network activities such as the OtherSide NFT mint have seen…
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Binance launches new program to help law enforcement fight cyber crime
[ad_1] Binance on Sept. 27 unveiled its new Global Law Enforcement Training Program, which will help law enforcement detect cyber financial crime and assist in prosecuting malicious actors. This program is the industry’s first global coordinated effort. According to the announcement, the Binance investigations team has grown exponentially over the year and is ready to…
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Binance takes aim at cyber financial crime; CEL tanks after Celsius’ Alex Mashinsky resigns
[ad_1] The biggest news in the cryptosphere for Sept. 27 includes Binance’s new global program that aims at helping law enforcement fight cybercrime, FTX’s acquisition of the bankrupt Voyager, and Celsius CEO Alex Mashinsky’s resignation. CryptoSlate Top Stories Binance launches new program to help law enforcement fight cyber crime Binance announced the launch of its…
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FTX US President Brett Harrison stepping down
[ad_1] FTX US president Brett Harrison announced Sept. 27 that he is stepping down from his role and moving into an advisory role at the United States-based crypto exchange. 1/ An announcement: I’m stepping down as President of @FTX_Official. Over the next few months I’ll be transferring my responsibilities and moving into an advisory role…
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Polkadot looks to 10x transaction speed in new updates
[ad_1] Polkadot (DOT) announced new updates to its roadmap, including the asynchronous backing optimization that will increase its transaction speed by at least 10x. In a Sept. 26 blog post, Polkadot stated that it has been working to improve the network’s parachain scalability, relay-chain governance, cross-chain communication, and parachain development. Asynchronous backing The asynchronous backing will…
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California issues cease, refrain order to Nexo over offering clients an Earn Interest Product
[ad_1] Nexo revealed that it stopped onboarding new U.S. clients to its Earn Interest Product in February 2022 after financial regulators in eight states initiated legal actions against it. According to the U.S., Nexo violated securities law by offering their residents interest-bearing crypto accounts. California issues cease and refrain order California’s Department of Financial Protection…
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Anonymous accuses BAYC of trolling with esoteric symbolism, pushing ‘accelerationism’ agenda
[ad_1] Decentralized activist group Anonymous has released a new video detailing their investigation — which began Aug. 14 — into the use of esoteric imagery in the Bored Ape Yacht Club (BAYC) NFT collection. In its latest video, the group stated that “without a shadow of doubt,” both BAYC and Yuga Labs are complicit in…