Soon after Thirdweb revealed a security vulnerability that could impact a variety of common smart contracts used across the Web3 ecosystem, OpenZeppelin identified two specific standards as the root cause of the threat. On Dec. 4, Thirdweb reported a vulnerability in a commonly used open-source library, which could impact pre-built contracts, including DropERC20, ERC721, ERC1155 (all versions), and AirdropERC20. IMPORTANT…
A specialized exchange-traded fund (ETF) firm called YieldMax has filed to launch the first yield-bearing ETF product based on shares in Michael Saylor’s Bitcoin holding company, MicroStrategy. According to a Dec. 7 filing with the United States SEC, YieldMax has officially applied to launch its Option Income Strategy ETF based on shares in MicroStrategy, slated for release sometime in 2024.…
El Salvador has launched a new citizenship-by-investment program that grants a residency visa and pathway to citizenship for 1,000 people willing to stump up a $1 million Bitcoin (BTC) or Tether (USDT) investment in the country. The Central American country’s price tag for citizenship, however, appears far more expensive than those in neighboring Caribbean countries — which start at $100,000.…
Bitcoin (BTC) will hit a new all-time high in late 2024 on the backdrop of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts. On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, timings of a spot Bitcoin ETF launch, the impact of the Bitcoin halving, and…
A federal judge in Seattle ruled Thursday that Changpeng Zhao, founder of the cryptocurrency exchange Binance, must remain in the United States in the months leading up to his sentencing on criminal charges related to anti-money laundering violations. U.S. District Judge Richard Jones granted federal prosecutors’ request to impose travel restrictions on Zhao, who had previously secured a separate ruling…
With Ordinals inscription sales setting daily records, the controversial but buzzy tagalong on the Bitcoin blockchain hit another milestone Thursday. Ordinals inscription number eight from the Honey Badger collection sold for 10.4 BTC on Thursday on Magic Eden, the NFT marketplace said on Twitter. According to Magic Eden, Honey Badger is a collection of 10K Ordinal Inscriptions ranging from 8…
Microsoft’s bold moves in artificial intelligence—from its huge stake in OpenAI to collaborating with Meta to adding AI to its ubiquitous business tools—could take deeper root in 2024, with unconfirmed leaks and rumors of an AI-focused update to Windows. The upcoming update for Windows, code-named “Hudson Valley,” is expected in 2024 and may already bring a significant shift in how…
Bitcoin (BTC) miner Hive Digital Technologies says the move to acquire a fleet of Bitmain mining rigs last year has already paid for itself, due in large part to a significant increase in the price of Bitcoin. In a Dec. 8 statement, Hive Digital wrote that it had been acquiring mining rigs since the collapse of FTX, a decision it…
Games overrun with bots just show bot owners care, claims Pixels founder. Plus we review Galaxy Fight Club, chat to Illuvium’s CEO and more. Source: https://cointelegraph.com/news/https://cointelegraph.com/magazine/games-need-bots-illivium-founder-galaxy-fight-club/
Binance founder Changpeng “CZ” Zhao must stay in the United States until he is sentenced in Feburary, a federal judge has ruled. On Dec. 7, Seattle District Court Judge Richard Jones agreed with federal prosecutors that Zhao should stay in the U.S. until his Feb. 23, 2024, sentencing due to his risk of flight if he leaves the country. “The…
