Decentralize with Cointelegraph dives into the inner workings of DePINs and how they leverage blockchain to revolutionize real-world applications. Source: https://cointelegraph.com/news/onboarding-billions-users-invisible-blockchain-rise-de-pins
Month: April 2024
Worst month since 2022 bear market? 5 things to know in Bitcoin this week
Bitcoin is on course for 12% losses in April, and with the monthly close just days away, it could end up sparking the weakest BTC price action in more than a year. Source: https://cointelegraph.com/news/worst-month-since-2022-bear-market-5-things-bitcoin-this-week
Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’
According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the next phase to consider accepting the same severance package offered to those affected by the layoffs. Convoluted Corporate Processes Yuga Labs, the Web3 platform behind […] Source: https://news.bitcoin.com/yuga-labs-resumes-layoffs-ceo-says-web3-platform-lost-its-way/
Lido Finance hits 1 million validators, fueling the growth of DeFi
Lido, the largest liquid staking protocol, controls over 28.5% of all staked Ether, as liquid staking remains the largest DeFi protocol category. Source: https://cointelegraph.com/news/lido-finance-1-million-validators-fueling-defi
Dubai does for crypto what Silicon Valley did for tech: Gov't affairs firm CEO
NH Management’s Tao Xiao explained that VARA’s objective is not to hinder progress but to secure the market’s integrity. Source: https://cointelegraph.com/news/dubai-crypto-licensing-regime-professionals
What are blockchain rollups?
Unlock the full potential of blockchain with rollups, the ultimate scalability solution for faster, more affordable transactions. Source: https://cointelegraph.com/explained/what-are-blockchain-rollups
Thai regulator cracks down on deceptive crypto ads
Regulators from key crypto markets, including the United Kingdom and Spain, have also taken similar measures against misleading crypto advertisements to minimize losses from crypto investments. Source: https://cointelegraph.com/news/thai-regulator-deceptive-crypto-ads-crackdown
OpenAI hit with privacy complaint in Austria, potential EU law breach
Austrian data rights group Noyb filed a privacy complaint against OpenAI, accusing its ChatGPT of providing false information and potentially breaching EU privacy regulations. Source: https://cointelegraph.com/news/openai-privacy-complaint-austria-potential-eu-law-breach
Latam Insights: Venezuela to Leverage USDT for Sidestepping Sanctions, Chivo Wallet Disregards Hacking Allegations
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuelan oil company PDVSA could use USDT to sidestep U.S. sanctions, Chivo Wallet denies hacking allegations, and Nubank expands its crypto functionality in Brazil. Venezuela Might Use USDT for Sidestepping Sanctions Venezuela is […] Source: https://news.bitcoin.com/latam-insights-venezuela-to-leverage-usdt-for-sidestepping-sanctions-chivo-wallet-disregards-hacking-allegations/
Mango Markets’ Eisenberg charged with possession of child porn
Court documents allege that EISENBERG possessed sexually explicit images of minors on his electronic devices, including images of prepubescent minors and minors who had not attained 12 years of age. Source: https://cointelegraph.com/news/mango-markets-eisenberg-charged-possession-child-porn