News
OpenAI investors push for Sam Altman’s return as CEO: Report
According to sources familiar with the matter, key investors at OpenAI disagreed with the board's decision to terminate CEO Sam Altman and are advocating for his reinstatement. The board of directors at OpenAI is reportedly receiving criticism from investors over the...
Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing
In a recent senate hearing, a cybersecurity professional openly endorsed United States Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act. United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens...
Singapore central bank to trial live wholesale CBDC for settlements
The Monetary Authority of Singapore has unveiled its plan to launch a live wholesale CBDC used for settlements by local banks. A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a...
Solana hoses down ‘inaccurate’ CertiK report on Saga phone security flaws
CertiK claims Solana’s Saga smartphone contains a critical “bootloader vulnerability” — Solana Labs says the claims are entirely inaccurate. A recent video from blockchain security firm CertiK made a series of “inaccurate” claims about a potential security...
Ethereum’s rollups are ‘gold standard’ but Plasma needs a revisit: Buterin
Vitalik Buterin called the early Ethereum scaling solution Plasma “underrated” and a “significant security upgrade” for chains that would otherwise be validiums. Plasma, a once-prominent Ethereum layer 2 scaling solution, should be revisited by teams currently working...
New figures show hardly anyone is using ERC-4337 smart accounts
Account abstraction advocate John Rising shared “sobering” figures concerning the adoption of ERC-4337 smart accounts. Ethereum account abstraction advocate John Rising has shared some “sobering” numbers showing overall ERC-4437 adoption has been far from ideal. In a...
Bithumb plans to be first crypto exchange listed on Korea stock market: Report
South Korean crypto exchange Bithumb hasn’t confirmed the planned IPO but told local media it recently selected an underwriter. Crypto exchange Bithumb plans to become the first digital asset company to go public on the South Korean stock market. Local news outlet...
Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report
The cryptocurrency exchanges offers a self-custody solution that integrates a multiparty computation technique to secure funds. Several former FTX executives have teamed up to help build a new cryptocurrency exchange in Dubai with a specific focus on what FTX failed...
BlackRock argues SEC has no grounds to treat crypto futures and spot ETFs differently
BlackRock questioned the SEC's preference for the 1940 Act that oversees futures ETFs, and argued that it lacks relevancy to both crypto-spot and crypto-futures ETFs. BlackRock has argued that the U.S. Securities and Exchange Commission doesn't have any legitimate...
Hong Kong ‘ready’ to capitalize on crypto’s next bull run: Hashkey Capital
Hashkey Capital partner of liquids funds and research, Jupiter Zheng, says the crypto sector in Hong Kong is now primed for significant growth over the next four to five years. Hong Kong is “very ready” for the next wave of mass crypto adoption, with an influx of...