Ascending to 61% of all transactions, Ethereum’s Layer-2 networks were home to a majority share of activity in the third quarter, according to Messari’s latest State of Ethereum report. Kunal Goel, senior research analyst for Messari, wrote that the surge was spawned by the explosive launch of Base—which briefly overtook the number of transactions happening on Ethereum’s mainnet–along with the…
Crypto trading bot provider 3Commas is on “heightened alert” after some of its user’s accounts were compromised and used to place trades. An Oct. 8 blog post from 3Commas co-founder and CEO Yuriy Sorokin said it received reports from users concerning unauthorized trades on their accounts after resetting their passwords. An investigation found “only a few customer accounts” were compromised…
The evolving role of generative artificial intelligence in healthcare was front and center at the annual Healthy Longevity Global Innovator Summit, with experts expounding on its potential to help people live longer, healthier lives. Delivering the conference keynote was Peter Lee, Microsoft Corporate Vice President of Research and Incubations, who had a personal link to the topic of AI and…
A Bitcoin developer has proposed a new way to bring more expressive off-chain smart contracts to Bitcoin (BTC) without needing a soft fork. Announced in an Oct.9 white paper titled “BitVM: Compute Anything on Bitcoin” by ZeroSync’s project lead Robin Linus, BitVM enables Turing-complete Bitcoin contracts without altering Bitcoin’s consensus rules. “Any computable function can be verified on Bitcoin”https://t.co/Itf9UHos0C pic.twitter.com/CLQv49Ydsg —…
A seven-figure sale of a CrypToadz NFT on Ethereum wasn’t all that surprising during the market mayhem of late 2021. But such a sale today, amid significantly weakened demand for NFT assets, is sure to stand out. And today’s $1.6 million purchase of a CrypToadz NFT is raising some red flags, too, thanks to a connection to Tornado Cash. CrypToadz…
Cybersecurity firm Avast is calling out a long-lived tool that has haunted popular dating apps and that has been upgraded with artificial intelligence, gaining the ability to build fake profiles and manipulate unsuspecting users. Although Avast gave the application the nickname “LoveGPT,” that is not the name of the software in question. It is also unrelated to several websites and…
October 9, 2023 US markets demonstrated resilience on Monday, initially succumbing to concerns over the escalating Israeli-Gaza conflict, but rebounding later to close in the green. The Dow closed up 0.5%, at 33,604.65. The S&P 500 rose by 0.6%, reaching 4,335.66. The tech-heavy Nasdaq went to 13,484.24, a gain of 0.4%. The S&P was down slightly at 10:50 a.m. ET,…
Last month, game developers lost it over Unity’s plans to implement an install-based “runtime fee.” Now, Unity’s CEO John Riccitiello is stepping down. The game engine firm announced that Riccitiello—who is 65—is retiring and leaving the company, effective immediately. He will also leave his position as a member of Unity’s Board of Directors, but will take on an advisory role…
Huddled with Sam Bankman-Fried’s lawyers and prosecutors last week, U.S. District Judge Lewis Kaplan gave the FTX founder’s defense a simple reminder just outside the jury’s earshot. “The goal here is not to set a record for the longest trial,” he said. “It’s to have the fairest trial.” After just a few days, Judge Kaplan had honed in on the…
Former FTX CEO Sam “SBF” Bankman-Fried has been on trial since Oct. 3, but his legal counsel has yet to present a compelling narrative to support his defense. Source: https://cointelegraph.com/public/index.php/news/what-going-on-sam-bankman-fried-defense
