Bookmarking Crypto Insights
Auto Added by WPeMatico
In a recent New York Times opinion piece, Nobel laureate Paul Krugman criticized the cryptocurrency industry’s significant influence in campaign finance, likening it to the tale of the emperor’s new clothes. Krugman argued that cryptocurrencies have limited legitimate uses and are often associated with criminal activities. He highlighted the industry’s massive political spending, which accounts … Read more
Decideai, a Web3 company focused on creating artificial intelligence (AI)-based large language models (LLMs), has deployed its GPT-2 LLM fully onchain via the Internet Computer (ICP) blockchain. This development leverages ICP’s capabilities to support complex, compute-intensive applications, allowing Web3 developers to build, train, and improve specialized LLMs. The project aims to enhance AI training and … Read more
The Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience. Additionally, the upgrade prepares the network for the introduction of sbtc, … Read more
El Salvador President Nayib Bukele highlighted his country’s commitment to free speech and safety in a recent social media post, indirectly referencing the arrest of Telegram CEO Pavel Durov in France. Bukele emphasized that El Salvador guarantees freedom from arrest, censorship, and asset seizure for exercising free speech, positioning the nation as a haven for … Read more
Ethereum founder Vitalik Buterin has voiced his concerns following the arrest of Telegram CEO Pavel Durov in France. Buterin criticized Telegram’s previous approach to encryption but expressed alarm over the arrest, suggesting it poses a threat to software and communication freedom in Europe. He highlighted the shift in public criticism of tech leaders, noting the … Read more
Tether, the major stablecoin issuer, has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative, in collaboration with the UAE-based Phoenix Group, aims to provide a secure and efficient means of transacting in AED, catering to both businesses and individuals. The new stablecoin will be fully backed … Read more
The Monero team has announced the initiation of a new privacy feature integration, known as Full-Chain Membership Proofs (FCMP++). This feature aims to significantly enhance transaction security and privacy on the Monero network by proving that the output spent is one of any output on the chain. This effectively removes various risks and increases the … Read more
Hackers recently took control of McDonald’s official Instagram account to promote a fraudulent Grimace meme coin, successfully scamming users out of $700,000 in Solana. The attackers also compromised the personal X account of McDonald’s Senior Marketing Director to further spread the scam. Grimace Coin, originally created as a meme token inspired by a social media … Read more
Binance and its former CEO, Changpeng Zhao (CZ), are facing a revived class action lawsuit in the U.S. District Court for the Western District of Washington, Seattle. The lawsuit, filed by three cryptocurrency investors, alleges that Binance facilitated money laundering of stolen crypto assets, making them untraceable. The plaintiffs claim that their stolen crypto was … Read more
Roman Ziemian, co-founder of the cryptocurrency platform Futurenet, was arrested in Montenegro for allegedly orchestrating a $21 million cryptocurrency fraud scheme. The arrest was part of an international law enforcement operation involving Montenegrin authorities and Interpol. Ziemian, who was living under a false identity in Podgorica, now faces potential extradition to either Poland or South … Read more
