In 2024, Ethereum has taken the lead as the most affected blockchain in terms of hacking incidents, according to a recent study conducted by Smart Betting Guide. The study reported a total of 33 hacking incidents on the Ethereum network. Following Ethereum, BNB Chain has also been impacted significantly, with 14 reported incidents. Other blockchain
Blockchain
John Deaton, a Republican candidate running for Senator Elizabeth Warren’s senate seat, recently took to social media to criticize the United States Securities and Exchange Commission (SEC) chair Gary Gensler. Deaton labeled Gensler as a “bad faith regulator” in response to the new Coinbase appeal. Deaton expressed his disapproval of the SEC’s regulation-by-enforcement approach, particularly
The UK government is making significant strides in the field of crypto regulation, with plans to introduce new stablecoin legislation by July 2024. This announcement was made by Economic Secretary Bim Afolami at the Innovate Finance Global Summit in London. The upcoming legislation aims to bring various crypto asset activities within the regulatory perimeter for
Japan’s ruling party, the Liberal Democratic Party, has recently made a push for immediate crypto tax reforms. This push comes in the form of a “White Paper” that was unveiled by the party’s web3 project team on April 12. The team emphasized the need for separate taxation on profits and losses from cryptoasset transactions. Currently,
The landscape of consumer engagement strategies has undergone a significant transformation with the emergence of Web3 technologies. While brands have traditionally relied on Web2 channels like social media to connect with their audience, the integration of blockchain and artificial intelligence has opened up new avenues for interaction. Jana Bobosikova, Co-Founder of KIKI World, emphasized the
The political landscape is always evolving, and the entry of crypto-supportive litigator John Deaton into the political arena is shaking things up. Deaton’s fundraising efforts have proven to be impressive, with him managing to raise $1.36 million for his campaign in the first quarter. This amount surpasses the $1.1 million raised by Massachusetts Senator Elizabeth
In response to a subpoena, Mike Schmidt provided details of participants at a Bitcoin developer event linked to the investigation of Luke Dashjr’s Bitcoin theft. As revealed in a social media post by Schmidt, the co-founder of Brink received the subpoena from the Federal Bureau of Investigation (FBI) that required him to submit personal information
The latest trend in stablecoins is the rise of Ethena (USDe), catching the attention of Bitwise President Teddy Fusaro. In a recent Twitter thread, Fusaro highlighted that USDe might be the fastest-growing USD-denominated asset in the history of crypto. Describing USDe as operating similarly to an ETF, Fusaro noted that the protocol accepts contributions from
The correlation between US stock traders and Bitcoin prices has been a topic of interest within the cryptocurrency community. According to Kim Min-seung, the head of the Korbit Research Center at the Korbit crypto exchange, there has been a significant shift in the factors influencing Bitcoin prices in recent months. Kim pointed out that the
EigenLayer’s mainnet recently expanded with the addition of Coinbase and Google Cloud as node operators, which has significantly strengthened the network’s security. This collaboration comes shortly after the network’s mainnet went live, bringing a new level of security to projects built on EigenLayer’s mainnet. Coinbase Cloud announced their involvement as node operators for EigenLayer’s mainnet,
