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#2023
356 articles found
Latest
Crypto Industry Attracts $9.33 Billion in 2024 Investments
The $9.33 billion in venture funding for 2024 slightly surpassed the $9.28 billion from 2023. December shone bright, drawing $740 million in investments, making it a standout month.
DeFi Losses Plummet by 40% in 2024 — Hacken Report
The decentralized finance (DeFi) sector made strides in 2024, with total losses reduced from $787 million in 2023 to $474 million. This improvement underscores advancements in security across the ecosystem.
Brazil Brings Chainlink Onboard for CBDC Work
Banco Inter, Microsoft, 7COMm, and Chainlink have joined the second stage of Brazil’s DREX digital currency pilot, initiated by the Central Bank of Brazil. The first phase, launched in May 2023, tested the platform’s capabilities.
Vitalik Buterin Targets 100,000 TPS in Ethereum's Evolution
On October 17, Vitalik Buterin published a blog post detailing Ethereum’s 2023 roadmap, titled The Surge, along with his vision for the future of the blockchain. He explains how Ethereum aims to achieve greater scalability while preserving decentralization through a mix of technological advancements.
Australia Intensifies Crackdown on Fraudulent Websites
Since the start of 2023, the Australian financial regulator (ASIC) has closed over 7,300 fraudulent investment websites and schemes, including 615 cryptocurrency projects. Fake investments continue to be a major issue, with Australians losing over $1.3 billion to such scams in the past year.
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Multi-Accounts in Airdrops: Worth the Risk?
The legendary Arbitrum airdrop in spring 2023 sparked a frenzy of retrodrop hunting. This phenomenon not only attracted a large influx of new users but also led many to start creating entire farms of accounts, turning it into a business.
SEC Shuts Down Office Following Defeat in Crypto Case
The U.S. Securities and Exchange Commission (SEC) will close its regional office in Salt Lake City, and two of its attorneys have resigned. This decision follows the regulator's defeat in court against the mining company Digital Licensing and its DEBT Box project, which began in July 2023.
SEC Began Investigating Ethereum Back in 2023
Newly revealed documents from a Consensys lawsuit indicate that the SEC's committee approved an investigation named "Ethereum 2.0" in April 2023. According to Fox Business, these documents provide insights into the SEC's evolving views on Ethereum's classification as a security.
Restaking: A Strategy to Boost Capital Efficiency
April 2023 marked a pivotal update in the Ethereum blockchain with Shapella (Shanghai + Capella), enabling the withdrawal of ETH from staking. This innovation gave rise to restaking, a method that allows locked ETH to be utilized both within the Ethereum main network and across various protocols.
Stand With Crypto and US Politicians' Views on Digital Assets
Stand With Crypto is a US-based non-profit organization. It was launched in August 2023 by the crypto exchange Coinbase with a mission to unite the crypto community to voice their opinions on crypto regulations, communicate with policymakers, and influence legal decisions.
2025 Crypto Funding Predictions: Why Will the Numbers Grow?
In 2024, crypto companies received $11-12 billion in funding, a more than 20% increase from 2023.
2024 Crypto Hacks Total $2.2 Billion in Losses
With 303 breaches and $2.2 billion stolen, 2024 marked a dangerous year for crypto. The amount lost represents a 21.07% increase from 2023, underscoring the rising cybersecurity threats.
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Top 10 Popular dApps and Tokens on Base to Watch in 2024
There’s been some buzz around Base since its launch in August 2023. The blockchain, developed by the crypto exchange Coinbase, is now among the top 10 largest by Total Value Locked (TVL) across different dApps.
What Is Sui? Are There Any Tradeoffs to Its Fast Performance?
Since its mainnet launch in May 2023, Sui has grown into one of the largest blockchains. According to DefiLlama, currently, the network’s TVL (Total Value Locked) across different apps stands above $1 billion. Over the last year, Sui’s native coin has been up by around 430%.
Saudi Arabia Invests $750 Million in Augmented Reality
Since early 2023, Saudi Arabia's Public Investment Fund (PIF) injected more than $750 million into Magic Leap, an augmented reality company. The investments were split into two tranches: $590 million at the start of 2023 and $160 million a year later as convertible debt.
What Is Bitcoin Virtual Machine (BVM)?
Bitcoin Virtual Machine, shortly BitVM or BVM, is a blockchain infrastructure that brings complex smart contracts to the Bitcoin Network, thus enabling new use cases for it. The solution was first proposed in the paper “BitVM: Compute Anything on Bitcoin” by developer Robin Linus on October 9, 2023.
Rust: Review of the Programming Language
The Rust programming language has been widely adopted by tech companies. In 2023, Microsoft announced rewriting core Windows libraries in Rust, and Google has been using Rust in its Android code. Rust is the core language of Solana, Polkadot, Near, and many other blockchains. Why is the language popular, and what is it used for? Read on to find out.
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Dapper Labs Under SEC's Secret Scrutiny
The Securities and Exchange Commission (SEC) of the United States secretly investigated Dapper Labs, known for its NFT initiatives, concluding its probe on September 29, 2023. Fortune, an American business publication, disclosed this based on an internal agency document.
Intel Reports $7 Billion Operational Loss
Intel has reported an operational loss of $7 billion for its manufacturing division in 2023, witnessing a 31% decline in revenue from the previous year, as reported by Reuters.
What is Parallel Execution?
From November 2023 to January 2024, the SEI price increased by 5.7 times. One reason for this surge could be the revolutionary approach to transaction processing used by Sei — parallel execution.
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