In a significant development within the cryptocurrency sector, Jesse Pollak, the innovative mind behind Coinbase’s Ethereum Layer 2 blockchain platform, Base, has announced he will be broadening his responsibilities at Coinbase by taking the helm of Coinbase Wallet. This new role complements his existing duties, marking a strategic expansion within the ranks of the publicly […]
Market dynamics and regulatory developments are setting the stage for a potential shift in the investment landscape favoring Ethereum staking, as returns from these digital assets are poised to outshine traditional U.S. interest rates in the near future. This anticipation stems from a confluence of falling interest rates set by the Federal Reserve and an
In the burgeoning universe of transmedia franchises, Space Nation is making notable strides with its soft launch of “Space Nation Online,” a massively multiplayer online role-playing game (MMORPG) destined, its creators hope, to rival the legacy of Star Wars. With the game’s foundation on blockchain technology, the developers are positioning it as the lynchpin in
In a sign that American investors are gravitating back towards riskier assets, exchange-traded funds (ETFs) that allow leveraged betting on MicroStrategy stock have seen a surge in popularity. The MSTX fund, established in August, has already amassed $357.6 million in assets under management, aiming to provide investors with 1.75 times the daily performance of MicroStrategy’s
In a significant development underscoring the U.S. government’s intensifying efforts to curtail cybercrime and financial malfeasance, the Department of Justice disclosed on Thursday its recent operation against a network of cryptocurrency exchanges purportedly entangled in money laundering activities benefitting Russian operatives. This action, amounting to the seizure of domains associated with three digital currency platforms,
New York City Mayor Eric Adams Faces Federal Charges Amid Corruption Investigation Mayor Eric Adams of New York City has been indicted on charges related to a long-standing federal corruption investigation. This significant development, confirmed on Wednesday, marks a first for a sitting mayor of the city, plunging the Adams administration into uncharted legal waters.
In a study that appears to bring into question the long-standing efficacy of one of the internet’s primary defense mechanisms against bots, a group of researchers has made a significant breakthrough. Using a sophisticated machine learning approach, the team from ETH Zurich, a prominent Swiss higher education institution, achieved a remarkable feat by solving 100%
In an engaging perspective on the evolving dynamics of Bitcoin’s market valuations, attention turns to the often intricate derivatives market, particularly the realm of options contracts, for clues on the digital currency’s future trajectory. This insight comes from Nick Forster, the visionary behind the DeFi derivatives protocol, Derive. Forster shared with Decrypt that we might
In a significant development for the intersection of traditional finance and digital assets, the U.S. Securities and Exchange Commission (SEC) has granted the Nasdaq’s International Securities Exchange permission to offer options trading on the iShares Bitcoin Trust (IBIT), managed by BlackRock. This decision ushers in a new chapter for derivative products linked to Bitcoin, enriching
In the latest unfolding that touches the delicate balance between technological innovation and ethical responsibility, OpenAI’s newest iteration in artificial intelligence development, termed GPT-o1, has emerged as a potential tool that could assist in the replication of known, and possibly the creation of new, biological threats. This assertion, as reported to United States senators, comes
