Nynu V Jamal
Malicious Code in Tornado Cash’s Governance Proposal Poses Risks
A malicious javascript code identified in Tornado Cash’s governance proposal poses a potential threat. The proposal was introduced by Tornado Cash community developer Butterfly Effects two months ago. While the...
EIA Temporarily Suspends Crypto Mining Survey Following a Lawsuit
The US Energy Information Administration (EIA) has decided to suspend its survey of crypto miners’ energy consumption temporarily. The decision comes following Riot Platforms and the Texas Blockchain Council’s lawsuit...
Satoshi Nakamoto Warned Against Bitcoin’s Energy Consumption: Report
Recent reports suggested that Satoshi Nakamoto, the pseudonymous creator of the first cryptocurrency, Bitcoin, had earlier warned against Bitcoin’s energy consumption. The reports came to light through a set of...
Bitcoin Inscription Exceeds 60 Million, Impacting BTC’s Mempool Transaction
In a recent X post, Binance Research has shed light on the substantial surge of Bitcoin Inscription volume since its inception in December 2022. Despite its slow growth in the...
The Naked Emperor’s New Clothes’: ECB on BTC ETF Approval
The European Central Bank’s (ECB) stark criticism and disregard for Bitcoin as a financial asset has recently created headlines, with the community condemning the post. Cardano Founder Charles Hoskinson wrote...
FTX Customer Refund Plan: Plans to Sell $1B Worth Anthropic Shares
The defunct crypto exchange FTX has reportedly received approval from the Delaware bankruptcy court to sell its 7.84% stake in the AI startup Anthropic. According to estimations, the sale is...
Crypto-Critic SEC Lawyer Joins Crypto Law Firm: Community in Frenzy
XRP attorney John Deaton’s CryptoLaw criticized crypto-critic Ladan Stewart’s recent transition from the Securities and Exchange Commission (SEC) to the crypto law firm White & Case. In a recent X...
Coinbase Urges SEC to Approve Grayscale Ethereum ETF: Report
In a novel development in the exchange-traded funds (ETFs) market, Coinbase has urged the Securities and Exchange Commission (SEC) to approve Grayscale’s Ethereum ETF. Coinbase’s Chief Legal Officer Paul Grewal,...
Ripple Invests $25 Million in Campaign to Promote Crypto-Friendly Leaders
In a recent interview with Bloomberg Crypto, Ripple CEO Brad Garlinghouse asserted the necessity of promoting campaigns for crypto-friendly political leaders. According to Garlinghouse, Ripple, Andreessen Horowitz, and Coinbase have...
Breaking: Circle Ends Support for USDC Stablecoin on Tron
The USD-pegged stablecoin issuer Circle has recently announced the discontinuation of support for its USDC token on the Tron blockchain as part of a risk management program. According to Circle’s...
Ethereum Founder Praises AI’s Code Verification and Bug-Finding Features
Ethereum Founder Vitalik Buterin, in a recent X post, commended artificial intelligence (AI), especially acknowledging the AI’s “code verification and bug finding” feature. Buterin envisions a better future for Ethereum...
South Korea Proposes to Delay Crypto Taxation for Another 2 Years
According to a report revealed by a local media outlet, Herald Business Daily, South Korea’s ruling People Power Party has proposed postponing the taxation on crypto investment gains as a...
FTX Digital Markets Invites Creditors To Submit Claims: Report
In a recent update, FTX Digital Markets, a Bahamian subsidiary of the bankrupt FTX, has invited customers and creditors to submit a claim in their estate. The current move is...
Prosecutors Urge Court to Accept Binance’s $4.3 Billion Plea Deal
According to a recent Bloomberg report, the US prosecutors urged the court to accept Binance’s $4.3 billion plea deal, arguing that the exchange’s violation of the economic sanctions laws posed...
API3 DAO Boasts 6813 Members and 84 Proposals: Report
The decentralized autonomous ecosystem (DAO) API3 has been moving through a successful track, currently boasting 6813 members. According to the API3 DAO Tracker, the ecosystem has successfully completed 84 proposals....
Grayscale’s 4,018.2 BTC Transfer to Coinbase Prime Creates Frenzy
Grayscale’s movement of Bitcoin has been creating ripples in the community over the past few days. As per the blockchain intelligence platform Arkham’s report, Grayscale transferred over 4000 Bitcoins to...
Yuga Labs Acquires PROOF, Intends to Integrate Moonbirds into Otherside
Yuga Labs, the creator of Bored Ape Yacht Club, recently announced the acquisition of Kevin Rose’s NFT startup PROOF, which is well known for its NFT collections, including Moonbirds, Oddities,...
Congressman French Hill Addresses Cryptocurrency’s Vulnerability: Report
In a recent Digital Assets, Financial Technology, and Inclusion Subcommittee hearing, Chairman French Hill addressed cryptocurrency’s vulnerability and the security measures required against its illicit use. The Congressman, however, added...
Breaking: Sullivan & Cromwell Heads To Become Binance’s Watchdog
According to the latest reports, the American multinational law firm Sullivan & Cromwell is expected to be appointed Binance’s independent monitor after the crypto exchange’s $4.3 billion settlement with the...
Horizen Labs, Offchain Labs, and Arbitrum Foundation Develop Apechain
In a bid to expand the utility and reach of APE coin, Horizen Labs, Offchain Labs, and the Arbitrum Foundation have initiated the development of a dedicated blockchain, Apechain. In...
Hedera and Mondelēz Partner: Food Giant Envisions Leveraging DLT
In a recent press release, the Hedera Council, which stewards the Hedera open-source proof-of-stake public network, announced its strategic collaboration with Mondelēz International, an American multinational food company. As per...
Sui and Sei Surge in TVL, Solana Sees Spike in Daily Transactions
One of the fastest-evolving Layer 1 blockchains, Sui, has exhibited a hike of 120% in TVL over the last month, surpassing leading platforms, including Ethereum, Solana, and Avalanche. Currently achieving...
2023 Q4 Marks Robinhood’s Second Profitable Quarter Since Its Launch
In an astounding revelation, financial giant Robinhood unearthed the remarkable 24% growth in the company’s net revenue in the fourth quarter of 2023. The report marked 2023 Q4 as the...
Franklin Templeton Joins Ethereum ETF Rally, Applies for ETF Launch
Franklin Templeton has joined the Ethereum ETF rally with a recent filing applying for a Spot Ethereum ETF approval. On February 12, the asset management firm submitted the S-1 filing...
Binance Former CEO’s Criminal Case Hearing Delayed to April
In a crucial development in the criminal case involving Changpeng Zhao, the former CEO of Binance, Zhao’s imprisonment has been postponed. A recent report stated that Zhao’s sentencing, originally scheduled...
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