Web3 ecosystem thrives as AI DApps capture 28% market share
AI-based DApps have not only overtaken gaming but also set the stage for future innovations in the decentralized application space.
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Chinese city launches gov’t-backed metaverse platform
The platform aims to consolidate the resources of academic institutions and enterprises in China, and bolster research efforts in areas related to the metaverse. 376 Total views 85 Total shares On May 22, Nanjing, the capital city of China’s eastern Jiangsu province, inaugurated the Chinese Blockchain Technology and Application Innovation Platform to foster and advance…

FTX’s 2-year repayment delay is a ‘win,’ claims trader who predicted FTX’s collapse
FTX creditor repayments being facilitated a little over 2 years after FTX’s shock collapse is a “win” given all the jurisdictional issues that were involved, an industry pundit said. A crypto trader and marketing executive who correctly predicted FTX’s collapse said FTX creditor repayments coming a little over two years after the incident is a

Crypto Miners Dominate Top 10 List of Most Prolific Malware Threats
A global threat report has concluded that the three most common malware variants detected in April were crypto miners, according to a news release on May 14.Check Point Research said Cryptoloot, malware that uses the victim’s computing power to mine for crypto without their knowledge, was last month’s biggest threat. XMRig, open-source software which is…

Polish Crypto Exchange BitMarket Shuts Down Citing Liquidity Loss
Polish cryptocurrency exchange BitMarket announced its shutdown on its official website on July 8.When trying to access the exchange through its website, users are instead greeted with the following text message in both English and Polish:“Dear Users, We regret to inform you that due to the loss of liquidity, since 08/07/2019, Bitmarket.pl/net was forced to…

Danny Ryan’s return? Ethereum wallets say yes
Wallets holding $159 million in ETH have informally voted Danny Ryan, an Ethereum researcher, to be the next leader of the Ethereum Foundation.

Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operations
"With the recent launch of our APAC headquarters in Singapore, we can ensure that we continue to offer best-in-class services to UnionBank and other clients in the region," says Patrick Enjalbal, VP Customer Success managing director of Asia-Pacific region at Metaco. 290 Total views 4 Total shares On Thursday, Metaco, an enterprise cryptocurrency platform for…

DOJ’s Tornado Cash arguments show ‘obvious disdain for privacy’ — Lawyer
DeFi Education Fund’s legal chief said the prosecutors’ arguments against Roman Storm’s motion to dismiss were “filled with technical inaccuracies.”

SQUID token up 600% today despite debacle and Binance investigation
Binance blacklists Squid Game developer accounts reports that developers used coin mixers to cover their tracks. 92 Total views 1 Total shares The world’s biggest crypto exchange, Binance, has launched an inquiry into the Squid Game token to trace funds associated with the epic 45,000% pump and dump a few days ago.The Binance Smart Chain-based…