In the post-mortem of the $1.5 billion Bybit hack, two blockchain research organizations — Nansen and Chainalysis — have revealed the Lazarus Group’s money laundering strategy, which includes swapping illiquid assets for liquid assets, creating a complex money trail, and letting certain wallets sit dormant to let scrutiny die down. According to Nansen, the typical … Read more
Recent efforts to “debank” crypto firms in the US revealed a “staggering” level of corruption among government officials, and the problem is not yet resolved, one banking executive said in a Feb. 27 interview during Bitcoin Investor Week. “The magnitude of skullduggery that is happening in Washington D.C. is really incredible… and it’s not over … Read more
Recent efforts to “debank” crypto firms in the US revealed a “staggering” level of corruption among government officials, and the problem is not yet resolved, one banking executive said in a Feb. 27 interview during Bitcoin Investor Week. “The magnitude of skullduggery that is happening in Washington D.C. is really incredible… and it’s not over … Read more
Dubai-based venture capital firm Disrupt.com has announced plans to invest $100 million in artificial intelligence startups at the intersection of Web3 and other industries, in a move that could further commercialize emerging AI technology. According to a Feb. 27 announcement, the funds will back AI startups building solutions for cybersecurity, Web3, automotive technology, and the … Read more
A lot of attention is paid to the decentralization of the Bitcoin network. Bitcoin miners should set up shop in a number of different jurisdictions in order to prevent any kind of regulatory capture of the network, so the thinking goes. Some members of the crypto community even saw China’s 2021 crypto ban as a … Read more
Blackbird, the restaurant loyalty platform founded by Resy and Eater co-founder Ben Leventhal, shared Thursday that its Flynet mainnet is live, bringing restaurant payments on-chain. Flynet is a layer-3 blockchain based on top of Coinbase’s Base chain. Base, a layer-2 network, allows users to transact on top of Ethereum for faster and cheaper. The team … Read more
Ether (ETH) price stabilized near $2,300 after a sharp 20% drop over three days, hitting a low of $2,255. This decline shook market sentiment, as Ether hadn’t traded at these levels since October 2024. However, the ETH derivatives market is showing early signs of recovery and strength, suggesting a potential rebound to $2,800. Ether 30-day … Read more
What if artificial intelligence (AI) agents could hire other AI agents to help them with their work? That’s essentially the idea behind Mech Marketplace, a decentralized platform from crypto-AI firm Olas that enables easy collaboration between various AI agents on an autonomous basis. “We’re not at a point where AI agents can do everything,” David … Read more
Ether (ETH) price stabilized near $2,300 after a sharp 20% drop over three days, hitting a low of $2,255. This decline shook market sentiment, as Ether hadn’t traded at these levels since October 2024. However, the ETH derivatives market is showing early signs of recovery and strength, suggesting a potential rebound to $2,800. Ether 30-day … Read more
The U.S. Securities and Exchange Commission (SEC) is dropping yet another case against an American crypto company, as the regulator continues its strategic retreat from the so-called “regulation by enforcement” approach to crypto regulation it took under the leadership of former Chairman Gary Gensler. Joe Lubin, CEO of Brooklyn-based crypto software company ConsenSys, said in … Read more