Industry
Bhutan’s Sovereign Investment Unit Quietly Invests Millions in Crypto
The sovereign investment arm of the Kingdom of Bhutan, which manages an estimated $2.9 billion in assets, has invested millions in cryptocurrencies and is a client of bankrupt crypto firms BlockFi and Celsius.Martha GrizzardBNB Chain released a list of 191 high-risk dishonest DApps and counterfeit currency
BNB Chain, the blockchain developed by cryptocurrency exchange Binance, has updated its red alert list to include 191 high-risk projects and decentralized applications (DApps) currently hosted on the blockchain.Cornell RachelThree Japanese Banks Adopt Ripple-Based MoneyTap
Ripple-based payment system MoneyTap continues to grow in Japan, with several local banks opening up access to the app for their clients.Wayne IngramPaxful CEO Unfreezes 88% of Accounts, Remaining $4.4 Million
The CEO of peer-to-peer cryptocurrency marketplace Paxful has announced that 88% of previously frozen user accounts will be unfrozen after suspending operations for more than a week.Jerry McNeillEU lawmakers call for 'safe' AI, Google CEO warns of rapid development
A dozen EU politicians have signed a letter calling for the "safe" development of artificial intelligence, as Google's chief executive warned against releasing powerful AI technology before society has had a chance to adapt.Craig GreenCryptophishing attacks up 40% in a year: Kaspersky
When it comes to cryptocurrency-related cyberattacks, bad actors appear to have reduced their use of traditional financial threats like desktop and mobile banking malware, shifting their focus to phishing.Barry StidhamElon Musk reportedly plans AI startup to compete with ChatGPT maker OpenAI
Tech entrepreneur Elon Musk is reportedly drawing up plans to create an artificial intelligence (AI) startup to compete with ChatGPT maker OpenAI, the most popular generative artificial intelligence he co-founded in 2015. One of the smart companies.Craig GreenElon Musk reiterates AI's potential to destroy civilization
While tech giants around the world are working on the idea of generating artificial intelligence (AI) to help humans in their daily lives, some see a looming risk of the emerging technology going rogue.Cornell RachelEnterprises Should Seek Partners, Solutions During Crypto Winter: Paxos Report
Blockchain infrastructure provider Paxos recently published a report aimed at helping the community look beyond the crypto winter and understand how to deal with current market conditionsWayne IngramMetaMask third-party provider hacked, email addresses exposed
Due to a recently discovered cybersecurity incident, the email addresses of some MetaMask users may have been exposed to malicious parties.Hallie GillBlockSec launches collaborative testing toolkit for private forked chains
Blockchain security technology firm BlockSec has launched a new toolkit that enables collaborative testing of block numbers on private chains "forked from any (transaction) location" and on the ethereum mainnet.Jerry McNeillArbitrum Proposal to Return 700M ARB Fails, Whale Calls 'Game of Thrones'
On April 15, a controversial proposal seeking to return 700 million ARB governance tokens to Arbitrum’s DAO vault was voted down by a massive vote.Sherry CantwellAfter Shapella, it is estimated that less than 1% of all collateralized ETH was sold
Welcome to Finance Redefined, your weekly essential insight into decentralized finance (DeFi) - a curated newsletter designed to bring you the big developments of the last week.Barry StidhamUniswap's proposal to launch on Polygon zkEVM will pass
Decentralized exchange Uniswap appears poised to launch on scaling solutions provider Polygon’s new zero-knowledge Ethereum Virtual Machine (zkEVM) rollup solution.Craig GreenEthereum Researcher Says Staking Leaks IP Addresses, Raises Privacy Concerns
A researcher from the Ethereum Foundation revealed that the IP address of the ether, Stakeholders are monitored as part of a broader set of metadata, leading the cryptocurrency community to flag Ethereum as a privacy issue.Christopher SmithHackers minted 1 quadrillion yUSDT after exploiting old Yearn.finance contract
Blockchain security firm PeckShield recently detected a hack that allowed attackers to mint more than 1 quadrillion Yearn Tether (yUSDT) from $10,000 in the latest decentralized finance (DeFi) breach.Cornell RachelUS Congress to introduce new draft stablecoin bill
A few days before a scheduled hearing on the topic on April 19, a draft of a new bill providing a framework for U.S. stablecoins was released in the House documents vault.Martha GrizzardLawyers for FTX victims struggle to serve Shaquille O'Neal
A law firm representing victims affected by FTX's collapse has made a public plea to NBA superstar Shaquille O'Neal to show "courtesy and honor" that he admit to his legal complaint after multiple failed attempts.Wayne IngramSEC Targets DeFi to Vote to Re-examine Proposal on Definition of "Exchange"
The U.S. Securities and Exchange Commission has announced that it will review a proposed redefinition of "exchange" under the agency's rules — a move that could include cryptocurrency market participants in decentralized finance (DeFi).Jerry McNeillArizona Governor Vetoes Bill To Tax Blockchain Node Hosts
Arizona Governor Katie Hobbs has vetoed legislation that would largely prevent local authorities from taxing individuals and businesses that run blockchain nodes.James Dean
