Signal boss slams EU’s latest ‘upload moderation’ surveillance ploy
The Chat Control law is aimed at combating child exploitation material, but Meredith Whittaker said it’s just the latest proposed tactic to undermine encryption.
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‘Killer use case’: Citi says trillions in assets could be tokenized by 2030
Investment bank Citi is betting on the blockchain-based tokenization of real-world assets to become the next “killer use case” in crypto, with the firm forecasting the market to reach between $4 trillion to $5 trillion by 2030.That would mark an 80-fold increase from the current value of real-world assets locked on blockchains, Citi explained in…

Altcoin Roundup: DEXs come to the rescue after China bans crypto
Over the past few months, there have been some major developments coming out of China that have rocked the cryptocurrency market and the global financial markets. China’s Evergrande debt repayment crisis sent shockwaves throughout global equities markets, as well as the United States Securities and Exchange Commission’s (SEC’s) consistent signaling of upcoming regulation for stablecoins…

FTX exchange breaks $32B valuation despite crypto winter fears
FTX raised $400 million funding shortly after its U.S.-based sister firm raised the same amount last week. 633 Total views 20 Total shares Despite growing fears over a potential cryptocurrency market downturn, major industry firms like FTX keep gaining momentum by securing hundreds of millions in fresh funding.FTX Trading, the owner and operator of Sam…

Gate.io users at risk as scammers fake giveaway on hacked Twitter account
The fake website is actively promoting a fake giveaway of 500,000 USDT while asking users to connect their wallets (such as MetaMask) to claim the rewards. 196 Total views 17 Total shares Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an…

Ethereum fees poised for rebound amid L2, blob uptick
In November, L2s have been posting some 3x more transaction data each day to the mainnet than they did in March.

Altcoin Beam Announces Plans to Incorporate Mimblewimble Lightning Network
Privacy coin Beam (BEAM) has announced that it plans to introduce a Mimblewimble-compatible lightning network (LN), according to an paper published by Beam on Feb. 12.Beam’s main goal for implementing the Lightning Network, which would allow for a second-layer scaling solution for quick transfers on value off-chain, is to enhance the altcoin in commercial settings…

NFT game Guild of Guardians raises $5.3M, token sale oversubscribed 82X
The play-to-earn game’s soft launch is planned for Q1 2022, with 400,000 users already pre-registered. 952 Total views 27 Total shares Upcoming NFT based mobile role-playing game Guild of Guardians has sold out two tranches of its native token (GEMS) totaling $5.3 million.The token sale, held on Coinlist on Nov. 30 was oversubscribed 82 times,…

CFTC commissioner appoints crypto-experienced CME Group director as chief counsel
During his time at the CME Group, Bruce Fekrat regulated crypto reference rates and helped in the development of financial products, including BTC and ETH derivatives. 292 Total views 6 Total shares Kristin Johnson, one of five commissioners currently serving at the United States Commodity Futures Trading Commission, or CFTC, has announced that a CME…