Vitalik Buterin proposes Ethereum gas model overhaul
Ethereum-based transactions currently have two gas fees: one for transaction execution and another for storing data.
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The Crypto Industry’s ‘Bloody Friday’ Lawsuits: Do They Hold Weight?
On April 3, a massive deployment of lawsuits were filed against major crypto industry players across the globe. The eleven lawsuits were filed in the United States District Court for the Southern District of New York in what is being called “Bloody Friday” for the industry.These lawsuits are class action in nature. For those unfamiliar…

Andreas Antonopoulos: “EARN IT Act Could Be Called: ‘F*ck You Zuckerberg'”
In a recent YouTube stream, Andreas Antolopoulos said that the controversial EARN IT Act might as well be called “Fuck you, Zuckerberg”.The bi-partisan bill was written by Lindsey Graham (R-SC) and Richard Blumenthal (D-CT), and if passed, it would:“Create incentives for companies to “earn” liability protection for violations of laws related to online child sexual…

Central banks turn to generative AI for enhanced cybersecurity: BIS
Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow.

Thiel’s Valar Ventures leads 3rd raise for Bitpanda, at $4.1B valuation
Vienna-based Bitpanda's valuation has shot up to $4.1 billion, three times its value during the crypto broker's last private funding round in March. 458 Total views 77 Total shares Vienna-based cryptocurrency broker Bitpanda has closed its third major private financing round led by Peter Thiel’s Valar Ventures. Raising $263 million, and drawing in new investments from…

Bitcoin price rebound breaks down before key level is hit — Here is why
Bitcoin (BTC) gained 6.8% between March 5 and March 6, briefly reclaiming $92,000. However, the trend reversed after the S&P 500 fell 1.3%, triggered by a warning from Philadelphia Federal Reserve President Patrick Harker about the US economy. Other factors also kept Bitcoin’s price below $95,000, such as rising tensions in Ukraine and uncertainty over

BIS issues comprehensive paper on offline CBDC payments
According to the Bank for International Settlements, offline payments with CBDC raise new risks related to counterfeiting, fraud and privacy concerns. 61 Total views 1 Total shares The Bank for International Settlements (BIS) is actively exploring opportunities for offline payments involving a central bank digital currency, or CBDC.On May 11, the BIS Innovation Hub Nordic…

Russia’s crypto law is a mixed bag, according to industry execs
Russia’s new cryptocurrency-related law, “On Digital Financial Assets,” or DFA, seems to have had little impact on the local cryptocurrency industry so far.In its current form, the DFA law essentially provides legal status to digital assets like Bitcoin (BTC), but prohibits their use for payments in Russia.As the DFA law is poised to be officially…

The US is number one…in blockchain patents
But the company with the most patents isn’t even American. 1131 Total views 19 Total shares Despite Alibaba filing more patents, the United States still takes the lead as the country with the most blockchain copyrights, a Sept. 17 report from intellectual property consultancy KISSPatent.The U.S. has 2,112 patents, followed by the Cayman Islands with…