Monday, May 27, 2024
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Expect some crypto companies to fail in the wake of Bitcoin’s halving

As we approach Bitcoin's (BTC) halving in April, a phenomenon that historically triggers significant market shifts, companies within the space are at a critical juncture. This event is surrounded by speculation and strategic planning, and for some, a sense of uncertainty. While it's laden with opportunities, it's vital for businesses

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Blocknative to Suspend MEV-Boost Relay After Economics Fail to ‘Materialize’

“What started out as an economically interesting opportunity turned into not a very economically interesting opportunity,” Cutler said. “We made a bunch of efforts that are still ongoing, both publicly and privately, to try to introduce economic incentives at the relay layer, but those didn't really materialize.” Original Source

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Nomura’s Bitcoin Fund, Citigroup blockchain move fail to lift Bitcoin above US$27,000

Bitcoin rose 0.77% from Sept. 15 to Sept. 22, to US$26,647 as of 8:30 p.m. Friday in Hong Kong. The world’s largest cryptocurrency by market capitalization has been trading below US$30,000 since Aug. 9, according to CoinMarketCap data. Ether, the world’s second-largest cryptocurrency, fell 1.48% over the week to US$1,598.On

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AI-coded smart contracts may be flawed, could ‘fail miserably’ when attacked: CertiK

Artificial intelligence tools such as OpenAI’s ChatGPT will create more problems, bugs and attack vectors if used to write smart contracts and build cryptocurrency projects, says an executive from blockchain security firm CertiK.Kang Li, CertiK’s chief security officer, explained to Cryptox at Korean Blockchain Week on Sept. 5 that ChatGPT

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Cybernetic organizations — BORGs — are doomed to fail

What makes a decentralized autonomous organization (DAO) a DAO? In practice, the democratic structure of these organizations has been compromised because a number of self-purporting DAOs are operating like traditional corporations.With this in mind, developers at Delphi Labs proposed an alternative framework, incorporating so-called BORGs (Cybernetic Organizations) into governance structures

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‘All of the SEC’s claims fail’ — Binance.US rebuts motion to freeze funds

Binance.US has asked the court to deny the securities regulator’s proposed temporary restraining order against its assets ahead of a June 13 hearing, claiming that the move would “effectively end” its business.In a June 12 filing, Binance.US slammed the SEC’s emergency motion for a temporary restraining order on its business,

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Dash Blockchain Faces Downtime for Hours after Hard Fork Fail, Binance Suspends Mining Rewards

The implementation of the Dash Core v19 hard fork has been delayed to June 14. The hard fork intended to improve the security of the Dash network with BLS signatures and ensure high-performance masternode implementation. On Monday, May 22, the Dash blockchain suspended processing new transactions as well as producing

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