Terraform Labs co-founder Do Kwon, expected to be extradited to the United States to face criminal charges, will reportedly stay in Montenegrin custody until February. According to a Dec. 12 Bloomberg report, authorities with the U.S. and South Korea requested Montenegrin officials hold Kwon for an additional two months following the conclusion of his prison sentence. The Terraform Labs co-founder…
Month: December 2023
Celestia to integrate with Polygon CDK for data availability in 2024
The Celestia network will integrate with Polygon’s chain development kit (CDK) sometime “early next year,” according to a Dec. 11 announcement. The integration will provide an “easily-pluggable component” for Polygon-based networks to use Celestia for data availability. Celestia block explorer “Celenium.” Source: Celenium The announcement claimed that transaction fees could be reduced by more than 100 times if networks stored…
‘Not the right people to lead’
Dean Phillips, a member of the United States House of Representatives running against Joe Biden for the Democratic nomination in the 2024 Presidential Election, said there are currently “very few” people in Congress who understand digital assets. Speaking at the Crypto Presidential Forum in New Hampshire on Dec. 11, Rep. Phillips said he didn’t “know it all” about financial technology…
Bitcoin Is Down—But These Altcoins Are Soaring
Bitcoin is down by roughly 1% today after having retraced to just above $41,000—erasing some of those bullish gains earlier this month. But there is still major altcoin action in the markets. The Aptos blockchain’s native APT is now trading for $8.91 per coin, according to CoinGecko, having jumped by more than 15% in 24 hours. The surge comes following…
Kucoin agrees to ban New York residents and pay $22 million in settlement
Crypto exchange Kucoin has agreed to pay $22 million to the State of New York and to bar residents of the state from using its platform, according to a stipulation and consent order filed in the New York Supreme Court on December 12. Stipulation and consent order filed on December 12. Source: Supreme Court of the State of New York.…
Creating peaceful money & taking over your local government w/ Joseph Schiarizzi
Creating peaceful money & taking over your local government w/ Joseph Schiarizzi This week our host Reza Jafery is joined by Joseph Schiarizzi, founder of OpenDollar and prolific solidity developer. We discuss: – Onchain beer – Taking over your local government – His Emmy and 3 patents?!? Source: https://decrypt.co/videos/interviews/zb0VG27G/creating-peaceful-money-taking-over-your-local-government-w-joseph-schiarizzi
Electronic Music Duo Disclosure Drop AI-Powered NFTs on Beatport
Grammy-nominated electronic music duo Disclosure is releasing 1,000 unique NFTs offering different versions of their track “Simply Won’t Do,” which was first released in July 2023 as part of their “Alchemy” album. The NFT collection, Disclosure Bronze Editions, will be released on Beatport’s NFT marketplace, the platform announced Tuesday. “The concept of offering 1,000 unique variations of ‘Simply Won’t Do’…
Starknet to hand 10% of network fees to devs, with $3.5M in first distribution
Layer-2 network StarkWare and the Starknet Foundation are set to distribute a 10% cut of network fees to developers, a part of a pilot program called “Devonomics.” In an announcement shared with Cointelegraph on Dec. 12, StarkWare CEO Uri Kolodny said it was allocating a portion of the network fees, provisionally 8%, to decentralized app builders and 2% to infrastructure…
Ethereum scaling firm =nil; Foundation introduces security-focused zkEVM
Zero-knowledge technology firm =nil; Foundation has developed a new type-1 zero-knowledge Ethereum Virtual Machine (zkEVM) compiler to address security concerns identified in similar ZK-powered Ethereum scaling solutions. Speaking exclusively to Cointelegraph, =nil; Foundation CEO and co-founder Misha Komarov says the technology prioritizes security and allows high-level programming code to be compiled automatically into Zero-Knowledge Succinct Non-Interactive Argument of Knowledge (zk-SNARKS)…
What is Midjourney, and how can you use it to create AI art?
Midjourney is a generative artificial intelligence (AI)-powered platform that allows users to generate unique artwork such as characters, images and depictions through short text prompts. A generative AI platform is an artificial intelligence system that can generate new and unique content, often in images, text or other creative outputs. Unlike traditional rule-based AI systems designed for specific tasks, generative AI…