South Korea confirms North Korea behind $50M Upbit hack
South Korea confirms North Korean hackers Lazarus and Andariel were behind the $50 million Upbit hack in 2019, with the stolen crypto now valued at over $1 billion.
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A multichain future will accelerate innovators and entrepreneurs
My colleague, Elias Simos, likes to say we're living through a digital asset renaissance, including the digitization of non-digital asset value. Decentralized solutions to a myriad of financial and peer-to-peer obstacles are flourishing, but many innovators and entrepreneurs are still tied to old models of building the projects.Some platforms, such as Polkadot and Cosmos, are…
Spanish Region Gives $13 Mln to Develop ‘Industry 4.0’ Technologies, Including Blockchain
The government of the Spanish autonomous community of Aragon has allocated over 12 million euros ($13 million) for the development of “Industry 4.0,” which includes blockchain technology, artificial intelligence (AI), and other emerging technologies. The news was announced by local news outlet La Vanguardia on Feb. 12.The funds — the amount of which is reportedly…
Judge denies motion from Binance regarding allegedly ‘misleading’ SEC statements
The legal teams for Binance, Binance.US and CZ filed a motion for the court to order the SEC to comply with “applicable rules of conduct” following allegedly misleading statements. A federal judge overseeing the lawsuit between Binance.US, Binance Holdings Limited and CEO Changpeng “CZ” Zhao and the United States Securities and Exchange Commission (SEC) has…
OpenAI dodges copyright lawsuit over use of news articles in AI training
A New York federal judge dismissed a copyright lawsuit against OpenAI over its use of news articles for training ChatGPT, but plaintiffs hint at a potential revised filing.
BIS study questions decentralization in DeFi liquidity provision
BIS researchers concluded that liquidity provision is not decentralized apart from its technical implementation.
Bitcoin Network Hash Rate Mysteriously Flash Crashes by 40%
Bitcoin’s (BTC) network hash rate dipped a record 40% yesterday, Sept. 23, in a sudden shock for the network.Bitcoin network hash rate, Nov. 2018-present. Source: Coin.danceData from Coin.dance — corroborated by other sources [insert links] — indicates that the network’s hash rate plummeted yesterday from over 166.6 PH/S to 57.7 PH/S. Mystery flash crash remains unexplainedThe flash drop…
Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances
Maple’s decision comes after Orthogonal Trading admitted on Dec 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda. Own this piece of crypto history Collect this article as NFTBlockchain-based institutional capital marketplace Maple Finance announced on Dec 5 that it plans to cut all ties with Orthogonal…
Crypto PACs invest $4M in candidates ahead of Aug. 6 primaries
Missouri, Washington and Michigan residents will be able to vote in primaries for specific candidates backed or opposed by crypto interest groups.