Security platform Blockaid raises $50M in Series B funding
Blockaid plans to use the funds for growth research and development as demand for onchain security tools is expected to rise.
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European Union discusses using zero-knowledge proofs for digital IDs
The proposition to use zero-knowledge proofs was approved by the EU Committee and may become part of the updated legislation. 37 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the…

Gemini Adds Support for Bitcoin Cash Trading and Custody on the ABC Network
Cryptocurrency exchange Gemini announced support for Bitcoin Cash (BCH) custody and trading today with a post on its official Medium blog, Dec. 8. Gemini, which is based in the United States, was founded in 2015 by the Winklevoss brothers.The exchange pointed out that, at the moment, it will “only be providing support for the Bitcoin…

NEAR Token Sale Postponed After CoinList Is Overwhelmed by Demand
The final token sale for NEAR Protocol was postponed after CoinList exchange was overwhelmed by traffic. The highly anticipated tokensale for decentralized application (DApp) platform NEAR Protocol was postponed by 24 hours after CoinList — the exchange hosting the offering — went down around the scheduled launch time.Originally scheduled for 10 am ET on Aug.…

Finance Redefined: Binance leads $60M Multichain funding, Interlay raises $6.5M, Dec. 17–24
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.As the crypto community filled its crypto stockings for the holiday season, the Grinch emerged to gift a grimacing fate to two DeFi platforms, stealing their festive spirit and a whole lot of dollars. Reading this article, you're only receiving a portion of the content from our…

Ethereum Foundation clarifies that the upcoming Merge upgrade will not reduce gas fees
The Merge will still reduce the network's energy consumption by an estimated 99.5%. 173 Total views 4 Total shares According to a new clarification statement by the Ethereum Foundation on Wednesday, the network's upcoming proof-of-stake transitory upgrade, dubbed the "Merge," will not reduce gas fees. Regardin this, the Ethereum Foundation wrote: "Gas fees are a product…

A new definition of crypto comes from the IRS — Law Decoded, Oct. 17-24
IRS broadens the classification of crypto, Ripple gets another point in a case against SEC, and Hong Kong considers its own regulatory framework in opposition to China. 152 Total views 2 Total shares No matter how much attention the United States Securities and Exchange Commission (SEC) or Commodity Futures Trading Commission gets in the crypto…

Crypto user moves $160M Bitcoin from Luna Foundation Guard wallet: Report
Blockchain data showed the wallet reportedly associated with LFG had a balance of roughly 6,983 BTC in October 2022, with transactions later moving funds to different addresses. An unknown party has moved more than $160 million worth of Bitcoin from a wallet reportedly tied to Luna Foundation Guard (LFG), the organization connected to Terraform Labs…

European Union AI Act passes in parliament
Member states will have the opportunity to negotiate final details before the act becomes law. 487 Total views 2 Total shares The European Parliament has passed the EU AI Act, a sweeping legislative framework for governance and oversight of artificial intelligence technologies in the European Union.EU AI act: first regulation on artificial intelligenceThe use of…