Bitcoin Mining Power Wanes — Network Hashrate Drops Below 600 EH/s
Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational...
Month: June 2024
Matter Labs Withdraws “ZK” Trademark Application Amid Industry Backlash
TLDR Matter Labs, the developer of zkSync, applied to trademark the term “ZK” (short for “zero-knowledge”) in February 2024. The...
Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses
The decentralized exchange Velocore confirmed a breach on its platform on June 2, during which attackers stole ethereum tokens worth...
China and UAE Praise Potential Role of CBDCs in Cross-Border Trade
China and the United Arab Emirates (UAE) have acknowledged the crucial role of central bank digital currency (CBDC) in facilitating...
Mexican Billionaire Ricardo Salinas Urges Followers to Buy Bitcoin as Nigerian Naira Falls Under a Satoshi
Ricardo Salinas Pliego, one of the wealthiest billionaires in Mexico, has urged his followers to purchase Bitcoin as a hedge...
Nobel Laureate Paul Krugman Claims ‘Inflation Bump Is Over’ — Peter Schiff Says Krugman’s View ‘Should Be Dismissed’
Nobel Prize-winning economist Paul Krugman and gold advocate Peter Schiff are in disagreement over inflation. Krugman believes that “the inflation...
Weekend Wrap: Ransomware botnets taken down, Cruz starts mining and more
Europol said its taken down a hacking ring that helped ransomware attackers inject their malicious code and Ted Cruz is...
Nirvana Finance founder recounts the ‘worst day’ of his life
Cointelegraph speaks to the once-anonymous founder of Nirvana Finance, revealing how one random Telegram message led to the capture of...
Linea blockchain halt highlights slow decentralization of Ethereum L2s
Linea said it halted the sequencer as a “last resort” action to prevent additional funds from bridging out but intends...
US Navy launches ‘PARANOID’ blockchain security tech to private sector
The government seeks a collaboration to research and develop the technology further.
ChatGPT ‘meth’ jailbreak shut down again, AI bubble, 50M deepfake calls: AI Eye
Meth recipes with ChatGPT ‘Godmode’, robot dogs with machine guns, AI will need 256% of global compute, is AI the...
Google Partners With Magic Leap to Bolster the Potential of Augmented Reality Technologies
One of the leaders in the augmented reality industry, Magic Leap, announced on May 30 that it had partnered with...
Hong Kong Police Warn of Spike in Counterfeit Banknotes Used in Cryptocurrency Scams
Hong Kong police have issued a warning over the rise in counterfeit banknotes, with many cases linked to cryptocurrency scams....
Latam Insights: Paraguay Shuts Down Largest Illegal Bitcoin Mining Farm to Date, Argentina and El Salvador Discuss Bitcoin
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In...
Hong Kong Reveals 17 Crypto Trading Platform Applicants as New Regulations Take Effect
Hong Kong’s Securities and Futures Commission (SFC) has published a list of two licensed crypto trading platforms and 17 pending...
