Curve mulls dropping TUSD as crvUSD backing after SEC charges
The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve’s stablecoin.
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Austrian State Printing House Launches a Cryptocurrency Cold Wallet
Youniqx Identity AG, a subsidiary of the Austrian State Printing House, has developed a cryptocurrency hardware wallet, reveals a press release published on July 29.Per the report, the hardware wallet — named Chainlock — enables the offline storage of private keys allowing access to cryptocurrency wallets. The device is reportedly capable of generating the private…
Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO
BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3.
UK to invest 300M pounds in 2 AI supercomputers; Harris presses for AI safety
The U.K. says the investments will help its local scientific talent have the tools they need to ensure that the most advanced AI models are up to safety standards. 194 Total views 1 Total shares The United Kingdom announced on Nov. 1 after the conclusion of the first day of its global AI Safety Summit
SWIFT moves to next phase of CBDC testing after positive results
According to SWIFT, 24% of central banks will introduce a CBDC within the next couple of years. 122 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to a statement on Mar. 9, bank messaging platform Society for Worldwide Interbank Financial Telecommunications, or SWIFT, disclosed that the financial…
Vitalik Buterin Proposes Higher Staking Rewards for Upcoming ETH PoS Algorithm
Ethereum co-founder Vitalik Buterin proposed a higher staking reward for the upcoming proof-of-stake (PoS) algorithm implementation on the Ethereum blockchain on GitHub on April 20.Per the proposal, 2,097,152 ether per year would be issued when 134,217,728 ether is staked and validating transactions, resulting in an annual return for stakers of 1.56%. The current circulating supply…
‘Expensive lesson’: 75 Eth2 validators slashed for introducing potential chain split bug
A company providing nodes for Eth2 stakers was penalized for breaking safety protocols in the pursuit of higher performance. 325 Total views 8 Total shares Staking infrastructure provider Staked said it had learned “an expensive lesson” after 75 of its Eth2 validators were slashed on Feb. 4 from the staking pool as punishment for producing…
Bitfury Launches New Generation of ASIC-Based Bitcoin Mining Hardware
Bitcoin (BTC) mining software manufacturer Bitfury Group has launched a new generation of its BTC mining hardware based on its Application-Specific Integrated Circuit (ASIC) chip Bitfury Clarke, according to an announcement published September 19.An ASIC chip is a piece of mining hardware geared to mine digital currency based on a specific hashing algorithm. An ASIC…
Pantera says they’re placing a heavier bet on DeFi than the rest of the market
Despite the recent slump, Pantera believes that most of the growth in the next bull cycle will be generated by DeFi. 859 Total views 18 Total shares In an October 6 webinar, Pantera Capital disclosed that their Digital Asset Fund intends to invest more heavily into DeFi assets than the rest of the market. Source: Pantera…