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    Blockchain

    China’s Web3 Stance: A Glimpse into the Future?

    China's perspective on web3 has come to light through a recently released white paper that suggests China is open to incorporating web3 into its future internet.

    The US SEC Sued Binance and CZ on Monday — What’s in the Complaint?

    A complaint by the US Securities and Exchange Commission filed against Binance and its CEO Changpeng Zhao unveiled a mix of stark revelations about the world’s largest crypto exchange from evading US laws to internal conversations about Binance.US. 

    Hop Protocol Rewards Sybil Hunters with Innovative Airdrop Tool – How Does it Work?

    As Sybil farming ahead of anticipated airdrops is becoming increasingly popular in the cryptosphere, Hop Protocol is unveiling a new initiative under which it will reward Sybil hunters for their diligence in combating Sybil attackers who target such airdrops. 

    SEC Sues Binance and CZ Over ‘Blatant Disregard’ of Its Rules

    Binance Holdings Ltd., and its US affiliates, are being charged by the US Securities and Exchange Commission for multiple offenses, months after being charged separately by another US regulator.

    Crypto Analytics Firm Elliptic Incorporates AI to Speed up Tracking and Risk Detection – Here’s the Latest

    UK-based crypto analytics and risk management firm Elliptic has incorporated the popular artificial intelligence (AI) chat bot ChatGPT into its work, with an aim to speed up the tracking of cybercriminals, the firm said in a recent press release.

    Breaking — Atomic Wallet Hacked, Crypto Analyst ZachXBT Investigates

    Reports are emerging that Atomic Wallet has been hacked and user funds compromised, with some victims having their entire balance drained.

    Draft Legislation From House Republicans Drums Up Support From Crypto Advocates

    New draft legislation is drumming up support among cryptocurrency advocates who cheered its focus on defining what constitutes a security versus a commodity.

    Billionaire Justin Sun Says Huobi’s ID Token Could Grant Citizenship in Dominica – Here’s What You Need to Know

    Billionaire Tron (TRX) founder Justin Sun has predicted that tokenized know-your-customer (KYC) checks will become increasingly prevalent as regulations tighten, while offering his own identity token that grants holders "citizenship" in Dominica’s metaverse.

    House Republican Leaders Release Discussion Draft To Draw Clear Lines on Digital Asset Definitions

    Republican lawmakers teamed up in the US House Financial Services Committee and the House Agriculture Committee on a discussion draft to regulate digital assets.

    Crypto Assets Should Be Classified as Securities, Says European Parliament Study

    A study commissioned by the European Parliament has proposed that all crypto assets should be treated as transferable securities by default.

    Blockchain Association Files Amicus Brief To Support Coin Center’s Lawsuit Over Tornado Cash Sanctions

    Washington DC-based Blockchain Association filed an amicus brief in support of crypto think tank Coin Center’s lawsuit against the US Treasury Department over its sanctions against Tornado Cash.

    Circle Set to Launch USDC Stablecoin on Ethereum Scaling Solution Arbitrum – Stablecoin Adoption on the Rise?

    Circle, the US-based payments firm which issues the USD coin (USDC) stablecoin, is set to launch its coin natively on Arbitrum, an Ethereum (ETH) scaling solution, with the kick off scheduled for June 8. 

    US Regulator Sets It Sights on Crypto Risks in Potential Risk Management Rules

    The US Commodity Futures Trading Commission is taking a closer look at its rules governing risk management, with an eye towards digital assets.

    Animoca Brands’ Chairman Attributes Delayed 2020 Accounts to Recent Turbulence

    A leading Hong Kong-based blockchain gaming and Web3 investor, Animoca Brands, has delayed its financial report since 2020.

    F1’s Oracle Red Bull Racing Teams Up with Sui Blockchain in New Sponsorship Deal – Crypto Bull Market Back Again?

    The Sui network, backed by Mysten Labs, has announced a multiyear partnership with the Red Bull Formula One Racing team.

    Quantum Computing Meets Blockchain: Scientists Propose New Version of Proof of Work Consensus – Future of Crypto?

    A newly published research paper from a team of researchers from Australian and American universities, in collaboration with quantum technology company BTQ, has proposed a new approach to the proof-of-work (PoW) consensus mechanism based on boson sampling.