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Coinbase's Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day

[Aug 10, 2023 8:17 AM] However, nearly $166 million had already flowed to the blockchain ahead of the official launch.

ChatGPT-Based Search Function Goes Live on Blockchain Encyclopedia IQ.wiki

[Aug 10, 2023 7:00 AM] IQ GPT will help fight misinformation in the crypto space and onboard new users.

Nigeria to issue verifiable blockchain certificates for NYSC

[Aug 10, 2023 3:34 AM] This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them.

Biden administration launches AI cybersecurity challenge to 'protect Americans'

[Aug 10, 2023 1:43 AM] With an allocation of nearly $20 million in rewards, the AI Cyber Challenge brings together prominent AI enterprises such as Anthropic, Google, Microsoft, and OpenAI.

The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software

[Aug 9, 2023 4:00 PM] In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The…

Fireblocks Discloses ‘Zero Day’ Vulnerabilities Impacting Leading MPC Wallets

[Aug 9, 2023 3:15 PM] It’s unlikely users were impacted by the vulnerabilities – collectively referred to as “BitForge” – but Fireblocks says they could’ve let hackers “drain funds from the wallets of millions of retail and institutional customers in seconds” i

As Curve Averts DeFi Death Spiral, Fiasco Exposes Serious Risks

[Aug 9, 2023 10:27 AM] Curve, a leading decentralized exchange on Ethereum, was hacked for $70 million in July. Questions continue to linger around the platform's long-term viability and potential contagion risk.

Coinbase Officially Launches Base Blockchain in Milestone for a Public Company

[Aug 9, 2023 10:00 AM] The big U.S. crypto exchange Coinbase says its blockchain is the first ever to be launched by a publicly traded company, and represents a major push into a new revenue opportunity.

Cardano-Based MuesliSwap to Refund ‘High Slippage’ Losses for Users

[Aug 9, 2023 12:32 AM] Users are said to have lost varying amounts of funds by setting slippage too high due to a “misunderstanding.”

Coinbase Exec: ‘There’s No Playbook’ for Public Company Launching Blockchain

[Aug 8, 2023 7:31 PM] As Coinbase, the big U.S. crypto exchange, plans to launch its new Base blockchain on Wednesday, CoinDesk interviewed Jesse Pollak, who’s leading the effort. Here’s an excerpted version.

Venture-Backed Saddle Finance Proposes Wind-Down, Dissolution

[Aug 8, 2023 2:39 PM] The Ethereum-based crypto trading protocol will shut down and distribute its treasury to investors.

Blockchain Security Firm Forta Upgrades Its Scam Detector to Battle Growing Crypto Fraud

[Aug 8, 2023 7:54 AM] Hundreds of millions of dollars have been lost to scams and exploits in July alone.

Fake PayPal USD Tokens Pop up on Several Blockchains

[Aug 8, 2023 12:58 AM] Some of these tokens can’t be sold after purchase, while some can "pull the rug" at any moment.

Crypto Exchange Mango’s Legal Bills Swell, a Year After Alleged $116M Heist

[Aug 7, 2023 2:33 PM] First the blockchain-based exchange was allegedly victimized by a market manipulator, and now it's having to spend big on lawyers to pursue suits and other remedies.

It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations'

[Aug 7, 2023 11:39 AM] An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new "ChatBTC" is less likely to give incorrect answers about the original cryptocurrency, or to “hallucinate” like the more popular…

Lido Attracted 10K Ether Stakers to Protocol in July

[Aug 7, 2023 8:32 AM] The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022.

Cardano Blockchain Transactions Jumped 49% Last Quarter as ADA Sentiment Grew

[Aug 7, 2023 4:18 AM] Blockchain load – a measure of how much data is contained in blocks over a certain period – rose to 50% in the second quarter from under 40% in the first. It peaked at 81% in May.

Curve Recoups 73% of Hacked Funds, Bolstering CRV Sentiment

[Aug 7, 2023 1:21 AM] A public bounty is now open for finding the remaining funds with a $1.8 million reward.

LK-99 and Cracking Bitcoin: A Quantum Leap in Optimism or Threat? Community Debates Potential Impact

[Aug 6, 2023 12:30 PM] In recent times, attention has gravitated towards a novel substance known as LK-99, celebrated as a potential wonder superconductor with the capability to usher in an era of lossless power transmission, more potent computers, and stronger magnets…

Tether unveils mining software to boost efficiency and capacity

[Aug 6, 2023 12:45 AM] The recently introduced Tether BTC mining software’s primary aim is to enhance the efficient management of mining capacity.

Facebook Owner Meta May Launch Chatbot ‘Personas’ Next Month, Report

[Aug 4, 2023 4:00 PM] U.S. tech giant Meta is preparing to launch multiple chatbots powered by artificial intelligence (AI) as early as September. According to an article quoting knowledgeable sources, the company seeks to encourage user engagement on its social media…

Avalanche Blockchain Usage Grew in Second Quarter: Nansen

[Aug 4, 2023 9:59 AM] The Avalanche C Chain saw daily active address and transaction volume – two important metrics to gauge a blockchain’s health level – increase significantly in the period.

Arbitrum's Most Popular DEX Goes Live With New Version Offering DOGE Pools at 40%

[Aug 4, 2023 6:01 AM] Version 2 of GMX allows trading of riskier assets at lower fees, with some pools yielding as much as an annualized 47%.

Matter Labs Accuses Polygon of Spreading "Untrue Claims" With Code-Copying Allegations

[Aug 3, 2023 1:10 PM] In a blog post, Polygon shared that Matter Labs had copy-pasted part of the code from their Plonky2 library.

Patreon, Platform for Creators, Disables Payouts After ‘Issue’ With Payoneer System

[Aug 3, 2023 10:00 AM] The issue was first identified on Aug. 2. Crypto developers monitor payments glitches on major platforms partly because a key premise of the blockchain industry is to build infrastructure that improves on the current options.

Coinbase Sets Public Launch of ‘Base’ Layer 2 Blockchain for Next Week

[Aug 3, 2023 7:00 AM] Users will be able to bridge their ETH starting Thursday, with the official launch of the main network for Aug. 9

Alameda-Linked Coins Pumped by Twitter Bots After FTX Listing, Report Shows

[Aug 3, 2023 4:58 AM] At times, Twitter bots accounted for roughly half of all "chatter" on the platform for six FTX-listed altcoins.

Shiba Inu Takes Step to Become DeFi Contender, Will Add Digital IDs to Ecosystem Projects

[Aug 3, 2023 3:50 AM] Digital identity verification will be a part of all Shiba Inu developments in the future, including on the upcoming Shibarium layer 2 blockchain.

Why You Should Care About Litecoin: It's the Backbone of Dogecoin

[Aug 2, 2023 9:46 AM] Litecoin, a blockchain cloned from Bitcoin in 2011 that underwent a key milestone on Wednesday known as a “halving,” provides network security to Dogecoin via a process called “merged mining.”

Litecoin Undergoes Third 'Halving,' in Milestone for 12-Year-Old Blockchain

[Aug 2, 2023 9:15 AM] The blockchain's "halving," where the pace of new issuance of cryptocurrency gets cut in half every four years, took place Wednesday, when it reached data block 2,520,000.