Blockaid says it caused crypto drainer to shut down, defends against claims of 'false positives'
The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration.
‘Persistent inflation’ will be key in Bitcoin’s run to $200K — Crypto fund manager
“Unsustainable budget deficits” and “persistent inflation” have HashKey Capital analysts predicting a $100,000 to $200,000 Bitcoin price by the end of 2024.
The Securities and Exchange Commission is evaluating whether exchanges’ current surveillance and enforcement mechanisms can handle Bitcoin exchange-traded products (ETPs).
House committee ranking member says a stablecoin bill could be coming soon
House Financial Services Committee Ranking Member Maxine Waters said a stablecoin bill “in the short run” was coming amid negotiations with Republican lawmakers and the Senate.
Ethereum L2 Movement Labs raises $38M for Move-EVM adoption
Through Facebook’s Move-based Ethereum virtual machines, Movement Labs aims to enhance smart contract security and transaction throughput within the Ethereum ecosystem.
Decentralized AI is key to more unbiased AI algorithms — Masa co-founder
Google’s Gemini AI has faced recent outrage after generating historically inaccurate imagery and biased results. Decentralized AI development could be the key to creating more transparent and unbiased results.
Avail integrates leading layer-2 networks to create more cost-efficient chains
Avail joins forces with leading layer-2 networks for increased Web3 scalability through data availability and rollup unification for a more interconnected blockchain landscape
Memecoins are like a ‘risky casino’ — Andreessen Horowitz exec
The chief technology officer of VC firm Andreessen Horowitz said that memecoins are like risky casinos that deter real builders from the crypto ecosystem.
‘Buy Bitcoin’ sign that photobombed Janet Yellen sells for $1M
The original scrawled sign was auctioned off by “Bitcoin Sign Guy” Christian Langalis for 16 BTC after apparently sitting in his sock drawer for years.
Runes make up 68% of all Bitcoin transactions since launch
Runes continues to make up the vast majority of Bitcoin transactions, however the fees earned by Bitcoin miners from Runes has slightly tailed off since the record-setting halving day.
Biden’s 44.6% capital gains tax proposal likely a ‘nothing burger’
President Biden’s move to introduce a 44.6% federal capital gains tax probably wouldn’t affect most people in crypto, according to crypto tax commentators.
BlackRock has ‘no commercial relationship’ with Hedera, HBAR sinks 32%
A BlackRock spokesperson confirmed the firm wasn’t directly involved in Archax and Ownera’s decision to tokenize BlackRock’s ICS Treasury Fund on Hedera.
Banks could flood into stablecoins if new bill passes: S&P Global
The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings.
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