A total of 18 state attorneys general, including New York Attorney General Leticia James, urged President Joe Biden to declare Binance compliance officer Tigran Gambaryan a hostage of the Nigerian government in a letter on Friday. Gambaryan, a U.S. citizen, is also a former law enforcement officer, having served as a Special Agent with the […]
BlackRock is reportedly in discussions with several centralized exchanges to allow its BUIDL fund to be used as collateral for derivatives trades As reported by Bloomberg on Oct. 18, people familiar with the matter shared that the move includes exchanges such as Binance, OKX, and Deribit. This move is part of a broader push by […]
Tapioca DAO, a decentralized money market protocol on LayerZero, suffered a security breach on Oct. 18, causing its native TAP token to lose more than 90% of its value. Blockchain security firm Cyvers revealed that the protocol’s deployer address was compromised, resulting in unauthorized changes to the vesting contract’s ownership. The attack The attacker exploited […]
In a recent episode of the SlateCast, Paul Kohlhaas, the founder of BIO Protocol, joined CryptoSlate CEO Nate Whitehill and Senior Editor Liam “Akiba” Wright to discuss the future of biotechnology through decentralized science (DeSci). Kohlhaas explained BIO Protocol’s vision for revolutionizing biotech funding and research by utilizing decentralized, open-source methods. Biotechnology as the Substrate for Life BIO […]
Singapore’s DBS Bank has introduced a blockchain-driven banking service for institutional investors, featuring tokenization and smart contract capabilities. On Oct. 18, the leading financial institution stated that its DBS Token Services is designed to enhance transaction banking and improve operational efficiency for its institutional clients. DBS Token Services According to the bank, DBS Token Services […]
The US Department of the Treasury announced that it has prevented and recovered over $4 billion in fraud and improper payments during the 2024 fiscal year, leveraging machine learning and artificial intelligence (AI) technologies. According to the Treasury’s Oct. 17 statement, this $4 billion figure includes funds both recovered and those stopped before fraudulent transactions […]
The decentralized prediction platform Polymarket has surpassed $2 billion in total volume for the upcoming 2024 US presidential election. As of now, Republican candidate Donald Trump holds a commanding 61.3% chance of winning, with over $605 million in volume and $267 million wagered, according to Polymarket’s data. In contrast, Democratic candidate and current Vice President […]
Ethereum co-founder Vitalik Buterin has outlined his vision for the next phase of the network’s evolution, known as “The Surge.” In an Oct. 17 blog post, Buterin shared critical objectives for this phase, aiming to achieve over 100,000 transactions per second (TPS) across Ethereum’s mainnet and layer-2 solutions. He also emphasized the importance of improving […]
Truth Terminal, an AI agent developed by researcher Andy Ayrey, has indirectly prompted the creation of the GOAT memecoin, which reached a market capitalization of $290 million, up 128% over the past 24 hours. The AI’s autonomous tweets about the “Goatse Gospel” spurred human actors to develop the memecoin, illustrating the complex interplay between artificial […]
The GAM3 Awards 2024 has revealed its final shortlist for a $5 million prize pool. Returning for its third year, the annual web3 gaming event will, for the first time, feature a physical ceremony held in the Philippines in partnership with Yield Guild Games (YGG). The event serves as the grand finale for the YGG […]