Industry
73.3% of Q1 rug pulls happened on the BNB chain
According to an April 4 report from blockchain security firm Immunefi, BNB Chain is the king of scams in the first quarter of 2023, with more than 73.3% of such scams across the entire crypto ecosystem taking place on the network.Seth RowdenTON validators receive a single nominator smart contract
Orbs, a public blockchain infrastructure designed for mass-use applications and tight integration, announced the release of a single nominator smart contract in the Telegram Open Network (TON), a decentralized layer-1 zone blockchain.Seth RowdenSatellite orbits Earth for Ethereum KZG ceremony
The Ethereum KZG ceremony, which aims to provide a cryptographic basis for Ethereum scaling, has received more than 83,000 randomness contributions from users around the world. Now it's receiving contributors from outer space.Seth RowdenJapan's FSA flags Bybit and other unregistered operations
Several foreign cryptocurrency exchanges, including Bybit, MEXC Global and Bitget, have been operating in the country without proper registration,Seth RowdenBitcoin serial number daily inscriptions surge thanks to 'BRC-20 tokens'
Number of serial numbers recorded on Bitcoin hits new daily high, The network thanks to the recently launched "Token Standard" for the blockchain.Seth RowdenButerin weighs zk-EVM's impact on decentralization and security
Ethereum co-founder Vitalik Buterin would like to see a zero-knowledge Ethereum Virtual Machine (zk-EVM) built on Ethereum’s first layer to speed up the verification process on the underlying blockchain.Seth RowdenItaly Blocks ChatGPT, Investigates Alleged Violations
Italy's data protection regulator has temporarily blocked the artificial intelligence chatbot ChatGPT and launched an investigation into alleged violations of data privacy rules.Seth RowdenElon Musk-led petition to halt AI development divides tech world
Tesla CEO Elon Musk and Apple co-founder Steve Wozniak signed an open letter signed by more than 2,600 tech industry leaders and researchers.Seth RowdenUS Government Plans to Sell 41K Bitcoins Linked to Silk Road
US Government Plans to Liquidate Over 41,000 Bitcoins Seized as part of a case related to Silk Road founder Ross Ulbricht.Seth RowdenNet losses from crypto theft drop sharply to $322 million in Q1 2023
Cryptocurrency hackers and scammers stole $452 million in the first quarter of 2023, according to a report published by antivirus and app provider De.Fi. But that's both good news and bad news, as losses are down from $1.3 billion in the first quarter of 2022.Seth RowdenNFA Adds Rules for Members Dealing with Digital Assets
The National Futures Association (NFA) the self-regulatory organization for the U.S. derivatives markets has issued a new compliance rule to address member conduct.Seth RowdenBermuda remains open to crypto firms, PM says
The dramatic collapse of cryptocurrency exchange FTX in November 2022 has not moved Bermuda away from accommodating cryptocurrency companies, the head of the government of the British Islands said in an interview with Bloomberg News.Seth RowdenHuobi partners with Gala Games for L1 and Web3 development
Cryptocurrency exchange Huobi Global has announced a strategic partnership with blockchain-based earn-as-you-play gaming platform Gala Games.Herman HayesOver 3,600 Bitcoin ATMs Go Offline in Biggest Drop in a Month
Contradicting the Growing Global Bitcoin, Adoption, physical ATMs dedicated to fiat-to-crypto conversions is declining. In March alone, 3,627 cryptocurrency ATMs were removed from the network, reducing the total number of ATMs to 33,727.Herman HayesThe DAO treasury hits $25 billion for the first time
Funding for decentralized autonomous organizations (DAOs) is growing rapidly and just passed a major milestone, according to DeepDAO. According to data from The DAO Data Platform, the total assets of all decentralized autonomous organizations hit a record $25.1 billion on March 31.Herman HayesUniswap v3 code free to fork as BSL expires
Developers can now fork the Uniswap v3 protocol, as its Business Source License (BSL) expired on April 1, shows protocol documentation. Expiration is a highly anticipated event in the decentralized finance (DeFi) ecosystem, enabling developers to deploy their own decentralized exchanges (DEX).Herman HayesAvalanche Launches Mentoring Program, Beeple Opens Big New Studio, and More
In a March 30 blog post, the Avalanche Foundation announced the launch of Avaissance, a program to support digital artists and foster the growth of Avalanche's non-fungible token (NFT) ecosystem.Herman HayesSpotlight on Binance, Galaxy Digital Turnaround, China's Blockchain Boost
U.S. regulators have a new target: Binance. The U.S. Commodity Futures Trading Commission (CFTC) has sued the world's largest cryptocurrency exchange by volume for regulatory violations.Herman HayesTerra co-founder Daniel Shin dismissed by court for low flight risk arrest
A South Korean district court has rejected prosecutors' request for an arrest warrant for Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin.Herman HayesDenmark's Supreme Court Says Bitcoin Profits Are Taxable in Some Circumstances
Danish Supreme Court Judges Issue Two Judgments on Whether to Sell Bitcoin, Qualify as a taxable event in certain circumstances.Herman Hayes
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