Base sees record 106 TPS as total value locked crosses $10B
Base is one of two Ethereum layer 2s with a TVL above $10 billion, making considerable ground since launching in August last year.
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Bitcoin reverses ‘bear market’ at $53.5K as Pfizer gains on fresh panic over coronavirus ‘Nu’ variant
Bitcoin price action steadies after losing almost $6,000 on Nov. 26 as winners and losers from the coronavirus-‘Nu’-variant scare emerge. 7854 Total views 17 Total shares Bitcoin (BTC) stemmed some of its losses as Wall Street opened on Nov. 26 after concern over a new COVID-19 variant spark a global market sell-off.BTC/USD 1-hour candle chart…

Biden’s Fed picks are likely headed to Senate vote after partisan delay
"A small but loud minority have wrongly claimed that Lisa Cook doesn’t meet the standards for this position — standards that only seem to apply for certain nominees,” said Sherrod Brown. The United States Senate will vote on President Joe Biden’s nominations to the Federal Reserve after delays instigated by Republican lawmakers.In a 50-49 vote…

NFT holders sue art gallery, alleging it broke metaverse promise
A group of NFT holders sued the creators, claiming they took no significant steps to fulfill promised perks and had no knowledge of blockchain.

Binance founder should be jailed for 36 months, US prosecutors say
Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023.

BlockFi to sell $160M in Bitcoin miner-backed loans: Report
The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is set for Jan. 24. 214 Total views 9 Total shares Own this piece of history Collect this article as an NFTBankrupt crypto lending firm BlockFi has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part…

Bitcoin weakness spurs $441M digital asset inflows
Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity, and German government sell-off, according to a CoinShares report.

Australia asks if ‘high-risk’ AI should be banned in surprise consultation
The Australian government has announced a sudden eight-week consultation that will seek to understand whether any “high-risk” artificial intelligence tools should be banned.Other regions, including the United States, the European Union and China, have also launched measures to understand and potentially mitigate risks associated with rapid AI development in recent months.On June 1, Industry and…

Web3 is crucial for data sovereignty in the metaverse
Wandering around the metaverse is like being in a computer game, but soon, it will look exactly like real life. Unlike some dystopian visions of the metaverse, I don’t think we will give up on reality and stop participating in the physical world. On the other hand, advancements in artificial intelligence content generation will likely…