Vitalik Buterin endorses TiTok AI for onchain image storage
TiTok AI, a new method for efficient onchain image compression, could be a useful tool for blockchain applications.
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Nebraska senator introduces bills to allow state banks to custody crypto
“We need to be a leader in FinTech,” said State Senator Mike Flood. 1653 Total views 11 Total shares A Nebraska state senator has proposed new crypto-friendly legislation which could see his state become the next regulatory safe haven for FinTech firms.Sworn in just two weeks ago, Republican Mike Flood today introduced the Transactions in…

Samourai Wallet: Wasabi’s CoinJoin Management Lacks Privacy
The official Samourai Wallet Telegram account raised concerns over the alleged lack of privacy ensured by the CoinJoin implementation of competing wallet Wasabi on July 18. According to Samourai Wallet, Wasabi wallet CoinJoin transactions are often not as private as they are purported to be. The company pointed out:“With Wasabi if you are mixing 10 BTC…

NFL star’s massive tax bill highlights problems with BTC salaries
NFL Star Odell Beckham Jr's (OBJ) decision to take his $750,000 salary in Bitcoin appears to have cost him dearly due to the market crash after he signed the deal. Owing to the vagaries of cryptocurrency tax laws and current prices, OBJ is estimated by some to have made 61% less than if he’d taken…

Controversial Blockchain Voting App Used at Republican Convention
The Voatz platform was reportedly a “success” in the Utah GOP convention despite previous security issues. 1629 Total views 34 Total shares On April 25, the Utah GOP convention reportedly picked their nominees using the blockchain voting platform, Voatz. This platform was previously criticized for numerous security issues in preceding election events.As Forbes reported, the…

Bitcoin Futures: Volatility ‘Coming’ as BitMEX Hits $1B Open Interest
Bitcoin (BTC) futures are fast becoming the darling of institutional investors as open interest spikes 60% since the start of 2020. Data from monitoring resource Skew Markets shows that open interest across major futures offerings from exchanges now stands at more than $4 billion. BitMEX, OKEx futures open interest passes $1BOver half of that stems from two…

Reddit co-founder bought 50,000 Ether during pre-sale, for $15K
Alexis Ohanian is extremely bullish on cryptocurrency, even using the proceeds from his early Ether investment to found a crypto-focused venture capitalist firm. 437 Total views 15 Total shares Own this piece of history Collect this article as an NFTThe co-founder of the social media website Reddit, Alexis Ohanian, reportedly bought 50,000 Ether (ETH) for…

Lightning devs must ‘wake up’ and fix security bugs, not please VCs: Bitcoin dev
Antoine Riard, who left the Lightning Network in October, argues the Lightning Network is also at risk of becoming increasingly centralized and susceptible to single points of failure and censorship risks. 596 Total views 3 Total shares Developers working on the Bitcoin layer 2 Lightning Network have become less security-oriented and more focused on producing

Korean crypto exchanges are now in compliance with the Travel Rule
South Korean crypto exchanges have reached the government-mandated deadline to come into compliance with the so-called Travel Rule, but not all industry players are pleased with the measure.Starting today, Korean exchanges will flag any crypto transfers worth more than roughly $821. Transfers higher than that value will be restricted to user-verified wallets and a select…