Artificial intelligence tools such as OpenAI’s ChatGPT will create more problems, bugs and attack vectors if used to write smart contracts and build cryptocurrency projects, says an executive from blockchain security firm CertiK. Kang Li, CertiK’s chief security officer, explained to Cointelegraph at Korean Blockchain Week on Sept. 5 that ChatGPT cannot pick up logical code bugs the same way…
Month: September 2023
Making real-world blockchain solutions possible — Solana co-founder Raj Gokal
Web3 has had its ups and downs over the last few years, but does it have any real-world use cases? Source: https://cointelegraph.com/public/index.php/news/making-real-world-blockchain-solutions-possible-solana-co-founder-raj-gokal
Bitcoin range trades as volatility subsides. Will TON, LINK, MKR and XTZ follow?
Bitcoin’s failed breakout to the upside hints that range-bound price action could be set to continue. Meanwhile, TON, LINK, MKR and XTZ begin to perk up. Source: https://cointelegraph.com/public/index.php/news/bitcoin-range-trades-as-volatility-subsides-will-ton-link-mkr-and-xtz-follow
US-based Genesis Global Trading will eliminate its crypto spot trading service
The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.” Source: https://cointelegraph.com/public/index.php/news/us-based-genesis-global-trading-will-eliminate-crypto-spot-trading-service
Coinbase layer-2 network Base suffers first major outage since launch
Block production on Base abruptly halted for 43 minutes as developers rushed to implement a fix. Source: https://cointelegraph.com/public/index.php/news/coinbase-base-network-major-outage
Crypto market ‘dramatically underestimates’ bullishness of spot Bitcoin ETFs
The potential of a spot Bitcoin (BTC) exchange-traded fund (ETF) approval to drive prices up is dramatically underestimated by the crypto market, claim analysts from crypto research firm K33 — formerly Arcane Research. In a Sept. 5 market report, K33 senior analyst Vetle Lunde and vice president Anders Helseth said the last three months had greatly improved the chances of…
Coinbase-Incubated Base Suffers Outage, Team Says ‘No Funds Are at Risk’
The Ethereum Layer-2 network Base exhibited some growing pains today, experiencing an outage that lasted half an hour and took another 30 minutes to fully resolve. “We had a delay in block production due in part to our internal infrastructure requiring a refresh,” Base reported on Twitter. “The issue has been identified and remediated. No funds are at risk.” List…
Grayscale Prods SEC to Approve Bitcoin Spot ETF After Court Victory
Lawyers representing crypto asset manager Grayscale Investments urged the Securities and Exchange Commission (SEC) to “expeditiously” approve a spot Bitcoin exchange-traded fund (ETF) in a letter sent to the federal agency Tuesday, continuing its victory march following Grayscale’s recent court win against the regulator. Today, our legal team and counsel at Davis Polk & Wardwell and Munger Tolles & Olsen…
MrBeast-Promoted ‘Creator League’ Postponed After Gamers Bail Amid NFT Backlash
Esports tech firm eFuse launched a “Creator League” with big influencers like Bella Poarch, iShowSpeed, and Clix last week, and used the massive reach of YouTube giant MrBeast to promote it. But now the company has put the project on hold following controversy surrounding the league’s use of blockchain tech. Esports Insider and Sports Business Journal reported Tuesday that eFuse…
Base suffers first major outage since launch
Coinbase’s Ethereum layer-2 network Base has suffer its first major outage since its public launch on Aug. 9. For approximately 45 minutes on Sept. 5, no new blocks were produced on the Base chain. Its developers first identified the “stalled” block production at 9:36 pm UTC, according to the Base status site. Block production on the Base network stalled at…