News
Terra interim CEO says any ‘little progress’ made gets derailed by accusations
Terraform Labs recently appointed CEO, Chris Amani, held a Twitter Spaces with the purpose of separating the operations of Terraform Labs from Do Kwon’s personal affairs. Terraform Labs faces a “big hill to climb” as the progress of its various projects in development...
Twitter to impose daily limits on DMs for unverified accounts, citing an effort to ‘reduce spam’
Twitter has not yet specified what the daily DM limits will be, and the move hasn’t been received well by both verified and unverified users. More controversial changes are coming to Twitter, with the social media platform set to introduce daily direct message (DM)...
Solana records 1 outage in first half of 2023, 100% uptime in Q2
The Solana network is seeing steady improvements in performance and reliability as outages become more infrequent. Layer-1 blockchain network Solana has shown an improvement in reliability and uptime so far this year only having one outage in 2023, according to a...
ChatGPT’s capabilities are getting worse with age, new study claims
Some of ChatGPT's responses have shown the model's accuracy deteriorated over the last few months and researchers can't figure out why. OpenAI’s artificial intelligence-powered chatbot ChatGPT seems to be getting worse as time goes on and researchers can’t seem to...
Altcoins ‘bled’ with Bitcoin’s dominance hike in Q2: CoinGecko
Exchange, DeFi and metaverse tokens were hit hard in the second quarter of 2023 while Bitcoin continued to make gains. The second quarter of the year has been a solid one for Bitcoin's performance as its market dominance gained against altcoins which “bled” throughout...
SEC’s Gary Gensler believes AI can strengthen its enforcement regime
Gensler highlighted market surveillance and three other use cases in which the securities regulator staff could benefit from making greater use of AI. Gary Gensler, the chair of the United States Securities and Exchange Commission, believes staff at its agency could...
Binance completes integration of Bitcoin Lightning Network
The news comes less than a month after Binance announced their plans to integrate Bit Lightning Network. Cryptocurrency exchange Binance has completed the integration of the Bitcoin Lightning Network on its platform for BTC withdrawals and deposits.The development...
Ron DeSantis vows to ban CDBCs in the US if elected president
Speaking at the Family Leadership Summit on July 14, DeSantis promised to ban CBDCs in the United States if he is elected president. United States presidential candidate Ron DeSantis once again criticized central bank digital currencies (CBDCs), arguing against the...
Allowing Coinbase to go public was not a ‘blessing’ of the business: SEC
The SEC argued that just because it approves an S-1 filing from a company, does not mean the firm is not operating, or will not operate in “violation of the law.” The U.S. Securities and Exchange Commission (SEC) has argued in court that approving a firm's S-1...
‘Altcoin season’ anyone? Bitcoin dominance tumbles after XRP victory
Bitcoin market dominance briefly dipped below 50% as altcoins deemed securities by the SEC notched double-digit gains. Bitcoin (BTC) dominance has taken a tumble in the wake of Ripple’s partial victory against the United States Securities and Exchange Commission, with...