Ethereum’s Buterin outlines ways to enhance transaction speed

Vitalik Buterin, co-founder of Ethereum, has put forward new proposals aimed at reducing transaction confirmation times, suggesting significant improvements to the system. Ethereum co-founder Vitalik Buterin has outlined new strategies to reduce transaction confirmation times on the Ethereum network, saying… дальше »

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U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians

The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency. дальше »

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FLOKI, Bonk gain traction as Angry Pepe Fork presale leads the charge

FLOKI and Bonk capture investors' interest, but Angry Pepe Fork's "Conquer to Earn" system is driving significant attention and investment in the market. #sponsored дальше »

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Andromeda and Injective join forces to boost DeFi adoption

Andromeda has announced its integration with finance blockchain Injective to accelerate the adoption of decentralized finance (DeFi).  Through this partnership, Andromeda, known as the first Web3 Operating System, and Injective, the fastest blockchain developed for financial applications, will enhance their… дальше »

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BIS urges central banks to adopt AI to mitigate economic and financial risks

The Bank for International Settlements (BIS) has called on central banks to embrace artificial intelligence (AI) in anticipation of its significant impact on the economy and financial system. In a pre-released chapter of its upcoming Annual Economic Report for 2024, the BIS emphasized that the widespread adoption of AI could affect inflation trends and urged […] The post BIS urges central banks to adopt AI to mitigate economic and financial risks appeared first on CryptoSlate. дальше »

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Bill seeks to allow Bitcoin payments for federal income tax

Rep. Matt Gaetz has introduced legislation to allow Americans to pay federal income taxes with Bitcoin and integrate crypto into the system. The post Bill seeks to allow Bitcoin payments for federal income tax appeared first on Crypto Briefing. дальше »

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Ethereum Foundation Falls Victim To A Hack: This Is What Happened

The Ethereum Foundation has confirmed a significant security breach involving its official email system managed through the third-party service provider, SendPulse. Tim Beiko, a prominent figure at the Ethereum Foundation, raised the alarm on the social media platform X, revealing that the “updates@ethereum. дальше »

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What is Decentralized AI and Why We Need It ASAP?

When we think of centralized AI gone wrong, imaginative readers may begin to conjure images of a society ruled by artificial general intelligence-powered robot overlords.   Just as the Bitcoin movement was born out of a desire to create a permissionless financial system, decentralized AI aims to democratize access to AI technologies by removing gatekeeper chokepoints. дальше »

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Premarket explained: How to buy coins before the official listing

In the world of cryptocurrencies, premarket trading is a service that refers to the over-the-counter trading system and is designed for trading new tokens before their official listing. With premarket trading capabilities, buyers and sellers can quote and transact at… дальше »

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South Korean researcher sees risks with spot crypto ETFs

The analysis examines recent approvals of Bitcoin and Ethereum ETFs and suggests that these products could destabilize the financial system. The post South Korean researcher sees risks with spot crypto ETFs appeared first on Crypto Briefing. дальше »

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Bitcoin Blockspace: Dynamics of System Resource Use

A look at the nature of different second layer systems, and how their different needs for blockspace will interact with each other and Bitcoin. дальше »

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Summer.fi Announces Launch of $RAYS Points to Reward User Engagement

The DeFi platform Summer.fi has unveiled $RAYS, a novel points-based incentive system. This program aims to boost user engagement with the Summer.fi app and its affiliated protocols. The $RAYS reward structure is divided into three main stages: 1: Retroactive Participation A snapshot occurred on June 18th, 2024, capturing the activity of both current and former […] дальше »

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CertiK reveals it found Kraken vulnerability and will return funds, denies extortion allegations

Blockchain security firm CertiK confirmed that it was behind the discovery of a critical vulnerability in crypto exchange Kraken’s deposit system and gone public with its account of the events following allegations of extortion by the exchange. дальше »

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Kraken chief security reveals UX change resulted in $3m bug exploit

Kraken’s chief security officer disclosed that a bug in the exchange’s funding system led to a $3 million loss after being exploited by rogue security researchers. American crypto exchange Kraken lost around $3 million worth of crypto in early June… дальше »

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Polkadot co-founder proposes new Plaza system to unify parachains and enhance scalability

Polkadot co-founder Rob Habermeier has proposed Plaza, a new system chain designed to unify parachain functionalities and enhance network scalability. According to Habermeier, the current distribution of functionalities across multiple chains creates challenges for users and developers, leading to fragmentation and scalability limitations. дальше »

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Here’s Why Ripple (XRP) is Set to Revolutionize Finance

Ripple, along with its cryptocurrency XRP, is ready to play a pivotal role in the global financial system. Crypto expert AllinCrypto highlighted Ripple’s potential to become a major company in the US, comparable to Amazon, Apple, and Microsoft. дальше »

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XRP whale moves 30M tokens: Should you brace for a price plunge?

The latest transaction suggested that XRP's upswing may stop. However, technical analysis showed that direction is not yet clear. On the 17th of June, blockchain analytics system WhaThe post XRP whale moves 30M tokens: Should you brace for a price plunge? appeared first on AMBCrypto. дальше »

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MetalCore launches Barony guild system to enhance PvP experience

MetalCore's Barony Guild System is a new way for players to form factions, share resources, and conquer in large-scale PvP battles. The post MetalCore launches Barony guild system to enhance PvP experience appeared first on Crypto Briefing. дальше »

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Decentralized AI: leveraging blockchain for a more equitable future | Opinion

Decentralized AI could shift the balance away from large, opaque, centralized institutions and provide individuals and enterprises with an entirely new economic system. дальше »

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El Salvador plans to advance Bitcoin integration into its banking system

El Salvador drafts a reform proposal to create a private investment bank to provide financial services to Bitcoin investors. The post El Salvador plans to advance Bitcoin integration into its banking system appeared first on Crypto Briefing. дальше »

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Kadena Joins Forces with Lurk Lab to Build Out ZK Bridge

Kadena has recently formed a partnership with Lurk Lab to develop a Zero-Knowledge tech stack on the Kadena blockchain. This collaboration aims to establish a secure cross-chain messaging system, further enhancing the Kadena blockchain’s capabilities. дальше »

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Congressman Massie says support for legislation to abolish Federal Reserve has grown 10x

US Congressman Thomas Massie has reintroduced legislation aimed at abolishing the Federal Reserve, a move he says was inspired by a seminal book on Bitcoin. The bill, known as the “Federal Reserve Board Abolition Act,” marks the first attempt in a decade to dismantle the nation’s central banking system. дальше »

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Vertex: The game-changer in decentralised trading

Decentralised finance (DeFi) is transforming the financial world by challenging the traditional banking system and eliminating the need for intermediaries. With DeFi, users can engage in peer-to-peer transactions without incurring the hefty fees charged by banks and financial service companies. дальше »

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Crypto Security Risk? Elon Musk Ban oO Apple Devices Looms If They Embrace OpenAI

In a shocking turn of events that has stirred the tech and crypto communities, business mogul and the Chief Executive Officer (CEO) of SpaceX and Tesla, Elon Musk has issued a stark warning to tech company Apple, threatening to forbid Tesla from using Apple devices if the tech giant integrates OpenAI into its operating system. […] дальше »

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Apple announces AI for all with new Apple Intelligence, ChatGPT integration

Apple announced its personal intelligence system, Apple Intelligence, alongside a partnership with OpenAI that will integrate ChatGPT within its ecosystem. The new system integrates powerful generative models with personal context, setting a new standard for privacy in AI, according to the press release. дальше »

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BlockDAG Shines in Crypto’s Elite with $48.5M in Presales; Insights into NEAR Protocol’s Price Predictions & Theta Network

BlockDAG distinguishes itself in the cryptocurrency arena with its stellar presale achievements and advanced solutions, making it a top pick for 2024. While NEAR Protocol enhances scalability and usability, and Theta Network revolutionizes streaming with its decentralized system, BlockDAG’s exponential growth and technological edge render it a prime choice. дальше »

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ZKSync introduces ZK Nation, a ‘community-driven’ governance system

ZKSync has unveiled ZK Nation, a community-driven governance system that empowers token holders to actively participate in the protocol's development and decision-making process. The post ZKSync introduces ZK Nation, a ‘community-driven’ governance system appeared first on Crypto Briefing. дальше »

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Peru adopts India’s UPI system to boost financial inclusion

The Indian instant payment system is gradually making its way around the world.

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Treasury Secretary Yellen warns of financial stability risks posed by AI

US Treasury Secretary Janet Yellen expressed significant concerns about the potential dangers artificial intelligence (AI) poses to the stability of the financial system. Yellen made the remarks during a keynote address at a conference on AI and financial stability on June 6. дальше »

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Telegram unveils in-app digital payments system Telegram Stars

Telegram has launched a new internal currency dubbed Telegram Stars to allow users pay for digital goods and services in mini-apps and bots. Pavel Durov, CEO of Telegram, unveiled the new payments system on Thursday. дальше »

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BlockDAG sparks efficiency with advanced data pruning, projecting up to $5M presale earnings

BlockDAG's Dev Release 45 blooms in a new era, as it introduces an advanced data pruning mechanism that reshapes blockchain efficiency. This innovative feature refines the system's core to handle burgThe post BlockDAG sparks efficiency with advanced data pruning, projecting up to $5M presale earnings appeared first on AMBCrypto. дальше »

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'Stand with Crypto' PAC hits 1 million advocates

The Stand With Crypto political action committee claims that nearly nine in 10 Americans believe the financial system needs an overhaul. дальше »

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UAE central bank introduces licensing system for stablecoins

UAE central bank has approved new licensing for dirham-backed stablecoins. The licensing system is part of UAE’s broader Financial Infrastructure Transformation (FIT). The Dubai regulator updated the rules to allow limited investments in unrecognized tokens. дальше »

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Banks Bust, Bitcoin Booms: Price Skyrockets 40% During US Banking Crisis

Bitcoin, the enigmatic digital currency, is back in the spotlight as the US banking system grapples with mounting stress. While some predict a stratospheric rise to $1 million per coin, fueled by economic woes, others remain skeptical. дальше »

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Hong Kong Police Tackle Surge in Counterfeit Currency Linked to Crypto Frauds

Hong Kong police face a surge in counterfeit banknotes tied to crypto scams, seizing over 3,000 fake notes and tightening regulatory measures to protect the financial system. The post Hong Kong Police Tackle Surge in Counterfeit Currency Linked to Crypto Frauds appeared first on BeInCrypto. дальше »

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Babylon Raises $70 Million to Pioneer Bitcoin Staking on PoS Networks

Babylon, a Bitcoin startup, raised $70 million to integrate Bitcoin with other blockchains. Led by Paradigm, this funding supports Babylon’s novel approach of using Bitcoin in a PoS-like system and follows previous investments, including from Binance Labs. дальше »

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Binance Founder CZ Starts Four-Months Sentence in California Prison

Binance founder, aged 42, will be wealthiest prisoner in history of US penitentiary system дальше »

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The inevitable future of the global financial system is tokenization | Opinion

Tokenization of the world’s finances is the direction in which the global financial systems, markets, and institutions are inevitably headed. дальше »

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Pompliano discusses Bitcoin’s transformative impact at Consensus 2024

At Consensus 2024, renowned Bitcoin advocate Anthony Pompliano shared his perspectives on Bitcoin’s new landscape and its far-reaching utility. The panel discussion highlighted Bitcoin’s impact on societal acceptance, the financial system, economic incentives, Wall Street’s changing stance, and educational role.… дальше »

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Telegram Wallet будет собирать больше данных о пользователях

Официальный криптовалютный кошелек Telegram — Wallet — объявил о смене поставщика кастодиальных услуг и новой политике сбора данных. На это обратил внимание журналист Колин Ву.   The official cryptocurrency wallet of Telegram system, Wallet, requires stricter KYC information, requiring name, date of birth and phone number. дальше »

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Telegram-кошелек Wallet усилил сбор данных о пользователях

Официальный криптовалютный кошелек Telegram — Wallet — объявил о смене поставщика кастодиальных услуг и новой политике сбора данных. На это обратил внимание журналист Колин Ву. The official cryptocurrency wallet of Telegram system, Wallet, requires stricter KYC information, requiring name, date of birth and phone number. дальше »

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Bank of Israel launches “Digital Shekel Challenge” to innovate CBDC payment systems

Bank of Israel has launched “Digital Shekel Challenge” to develop CBDC payment solutions. Participants of the challenge will access a prototype system to create innovative digital shekel uses. дальше »

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Mastercard launches Crypto Credentials system to simplify crypto transactions

Mastercard launched Mastercard Crypto Credential on May 29, enabling users to send and receive crypto using simplified aliases instead of complex blockchain addresses, according to a press release. дальше »

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Mastercard launches crypto credentials P2P pilot program to simplify transactions

The Mastercard crypto pilot program uses aliases to simplify and secure transactions. The initiative involves partners like Bit2Me, Lirium, Mercado, and FoxBit. Concerns, however, persist about centralization and data security with Mastercard’s system. дальше »

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Cathie Wood chooses Bitcoin over Ethereum, ‘Hands Down’

Cathie Wood of ARK Invest declares Bitcoin the top investment choice, highlighting its role as a global monetary system and its unstoppable growth. The post Cathie Wood chooses Bitcoin over Ethereum, ‘Hands Down’ appeared first on Crypto Briefing. дальше »

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Humanity Protocol is building a secure, private Web3 identity system with zk-proofs and palm scans: An interview with founder Terence Kwok

Humanity Protocol uses palm scans with strong privacy measures to build a secure, private, and universally accessible Web3 identity system. The post Humanity Protocol is building a secure, private Web3 identity system with zk-proofs and palm scans: An interview with founder Terence Kwok appeared first on Crypto Briefing. дальше »

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Top 5 Altcoins Of 2024: BlockDAG Offers Maximum ROI Potential – Surpasses Ethereum, Avalanche, Dogecoin, & Cardano

In 2024, the cryptocurrency world is buzzing with new developments. Ethereum remains a dominant force with its decentralized applications, while Dogecoin continues to be a crowd favourite. Cardano shines with its energy-efficient proof-of-stake system, and Avalanche impresses with its high transaction output. дальше »

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Argentina Seeks Inspiration from El Salvador’s Bitcoin Triumph

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Ethereum Name Service Migrating to Layer-2 for Better Scalability and Lower Fees

ENS Labs unveils ENSv2, migrating the Ethereum Name Service to Layer 2. This upgrade aims to reduce costs, enhance scalability, and introduce a hierarchical registry system for better . eth domain management. дальше »

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Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZK Rollups

ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2, an auxiliary network that provides cheaper transaction fees that is settled on Ethereum. дальше »

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