Multichain NFT protocol Holograph dropped its latest collaboration on Tuesday, combining a recognizable, “blue chip” NFT with one of history’s most iconic memes. Titled “KilroyPunk,” the collectible is a riff on CryptoPunk #8527, owned by pseudonymous Delegate Cash creator and Crypto Twitter personality foobar, who has long used the NFT as his profile picture. It combines foobar’s famed NFT with…
The TradFi mindset is holding crypto back The constantly evolving ecosystem of decentralized finance (DeFi) has emerged as a groundbreaking and experimental alternative to traditional finance (TradFi), demonstrating immense potential while simultaneously facing a myriad of challenges. Paradoxically, some of the very behaviors that have long characterized TradFi — the prioritization of short-term profits, and extractive practices that benefit a…
Nvidia’s rise appears to know no end. Known for its graphics processing hardware and CUDA tech crucial for modern AI advancements, the firm’s stock soared following the firm’s latest earnings report which outlined how much Nvidia has bagged amid the latest artificial intelligence hype. At today’s prices, Nvidia’s market capitalization is $963.18 billion, officially outpacing Berkshire Hathaway ($700.59 billion), Meta…
Generative artificial intelligence models such as OpenAI’s ChatGPT are trained by being fed giant amounts of data, but what happens when this data is copyrighted? Well, the defendants in a variety of lawsuits currently making their way through the courts claim that the process infringes upon their copyright protections. For example, on Feb. 3, stock photo provider Getty Images sued…
Cryptocurrency exchanges in Japan are preparing for the enforcement of the Financial Action Task Force’s Anti-Money Laundering (AML) regulations known as the Travel Rule. Major Japanese crypto exchange bitFlyer on May 30 announced the adoption of measures in response to the enforcement of stricter AML measures targeting crypto transactions in Japan. bitFlyer has introduced restrictions on deposits and transfers, disabling…
Security continues to be one of the Web3 space’s most important and relevant matters, as protocols and enterprises continue to face exploits. Cointelegraph spoke with Shahar Madar, the head of security products at Fireblocks, at the Israel Crypto Conference about what necessary steps Web3 startups should take to secure their platforms and users. In his experience, Madar told Cointelegraph that…
A research team at dWallet Labs has discovered a zero-day vulnerability in Tron multisig accounts, allowing an attacker to bypass the multi-signature mechanism and sign transactions with a single signature. In a technical breakdown post, the research team said the vulnerability could have impacted $500 million in assets held within Tron multisig accounts. This is because it allows any signer…
The market’s largest decentralized stablecoin got a minor decentralization boost. At press time, the amount of Circle’s USDC stablecoin backing MakerDAO’s DAI has hit 23.6%. This figure was a whopping 50% last August, sparking concerns over DAI’s centralization. DAI is a U.S. dollar-pegged overcollateralized stablecoin, governed by the MakerDAO decentralization organization. DAI is the largest decentralized stablecoin with a market…
Just a moment… Source: https://cointelegraph.com/news/bitcoin-ordinals-to-bridge-ethereum-nft-with-new-standard
Just a moment… Source: https://cointelegraph.com/news/wintermute-moves-over-4m-in-optimism-to-binance-ahead-of-token-unlock
