Rethinking public blockchains to protect the fragile future of tokenization

Tokenization has taken center stage in Web3 over the past year, drawing immense investment and attention from BlackRock, JPMorgan, and other key players. Despite a ‘slow start’, analysts predict asset tokenization will... Read more »

Corruption in Paraguay: Senator States Illegal Bitcoin Mining Farms Pay up to $500,000 to Operate Underground

Salyn Buzarquis, a Paraguayan senator, blasted the National Power Administration of Paraguay (ANDE), stating that high-ranking officials charged illegal bitcoin mining farms for operating underground. Buzarquis stated these unnamed officials collected up... Read more »

OpenAI did not reveal security breach in 2023 – NYT

OpenAI experienced a security breach in 2023 but did not disclose the incident outside the company, the New York Times reported on July 4. OpenAI executives allegedly disclosed the incident internally during... Read more »

Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements

Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared... Read more »

Fake X accounts lead to record-setting crypto phishing attacks of $341 million

Crypto phishing exploits in the first half of this year reached $341 million, surpassing the $295 million scammers siphoned from victims in 2023, according to blockchain security firm Scam Sniffer. Security expert... Read more »

Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024 

Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate following the halving event. Despite this, the industry saw significant efficiency improvements and notable market activity,... Read more »

Bloomberg analysts expect spot Ethereum ETFs to launch by mid-July

Bloomberg ETF analyst James Seyffart said he and his colleagues believe spot Ethereum ETFs could launch around July 15 as the application process settles. Seyffart posted the prediction on social media on... Read more »

Opentensor Foundation Addresses Bittensor Security Breach

The Opentensor Foundation, the development team behind the Bittensor chain, has tackled a recent security breach affecting the network, impacting several community members. The foundation insisted that prompt actions were implemented to... Read more »

Web3 Foundation funds Dot Play to elevate Polkadot gaming ecosystem

The Web3 Foundation has awarded Dot Play a Decentralized Futures Grant to boost Polkadot’s gaming sector. According to a July 3 statement, Dot Play is tasked with creating a comprehensive platform for... Read more »

Bitcoin wobbles at $57K as liquidations reach $295M

Photo by Bastian Riccardi on Unsplash. Key Takeaways Bitcoin and Ether experienced significant liquidations, totaling over $295 million in the past 24 hours. Despite market downturns, the options market remains optimistic about... Read more »
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