Blockchains need an interoperable standard to evolve, say crypto execs
Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says.
Circle exec to join US Congressional committee hearing on stablecoin payments, legislation
The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.”
Sotheby’s relaunch Glitch digital art sale, newbie gamer uncovers $49K NFT and more
After taking diversity concerns into account, Sotheby’s has revamped its Glitch digital art sale. Meanwhile, a newcomer to the online game Illuvium: Beyond has struck gold by discovering the rarest Illuvitar yet.
FTX victims' lawyers struggle to serve Shaquille O’Neal
The Moskowitz law firm has been standing outside NBA superstar Shaquille O'Neal's studio all week to "hand deliver" their legal complaint with no success, according to a recent statement.
U.S. Congress to introduce new draft bill for stablecoins
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country.
Arbitrum proposal to return 700M ARB fails, whale calls it a "power play"
The AIP-1.05 was defeated by 118 million votes. The proposal was introduced after the Arbitrum Foundation transferred funds without community approval.
Fight between crypto and governments “just getting started”, says ShapeShift CEO
The crypto industry needs to prepare for increasing government pressure as it ramps up its challenge to the State monopoly over money, says ShapeShift CEO Erik Voorhees.
BlockSec launches collaborative testing toolkit for private forked chains
With the toolkit, developers and security researchers can test, analyze and debug transactions via controlled private fork chains from the Ethereum mainnet.
Elon Musk reportedly plans AI start-up to rival ChatGPT-maker OpenAI
While Musk left the board of OpenAI in 2018, the launch of the new AI start-up will place Musk among other tech giants such as Google and Microsoft to build the next-gen AI.
Celcius reportedly prepping litigation against creditor for leaking internal info
Creditor Tiffany Fong has argued that she hasn’t done anything wrong, asserting that she didn’t break any non-disclosure agreements by reporting on the leaked information.
Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison
James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the "unlawfully obtained" Bitcoin scheme.
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