Wollito UAB

The project's TVL surpassed $1 billion within one month of its testnet launch.

Ethereum liquid staking protocol Puffer Finance raises $18M in Series A

Puffer Finance, a liquid staking project built on Ethereum restaking protocol Eigenlayer, has secured $18 million in a Series A funding round to launch its mainnet. According to the Ap...

5 months ago

Dubai is grappling with extreme weather conditions that has disrupted the city’s infrastructure at a time when crypto elites have descended on the city for several industry conferences.

Biblical floods hit Dubai, disrupting Blockchain Life and Token2049

Crypto conferences such as Blockchain Life and Token2049 encountered an unexpected twist on Apr. 16 as rainfall levels in Dubai surged to record highs within a 24-hour span, prompting ...

5 months ago

Crypto.com’s VC Arm Scale Back

Crypto.com CEO Expresses Concern over Surging Valuations in Crypto Sector

Crypto.com CEO Kris Marszalek has raised concerns about the sustainability of the surging valuations in the cryptocurrency sector. In a recent interview with Bloomberg, Mars...

5 months ago

NFT Trading in Decline

PayPal Says NFT Purchases No Longer Backed By Its Protection Program

Payments giant PayPal plans to remove non-fungible token (NFT) purchases from its purchase protection program from May 20. In an online announcement, PayPal said amendme...

5 months ago

Eleven member organizations are taking part in the experiment focusing on the United Kingdom's RLN.

UK trade association experiments with Regulated Liability Network

UK Finance, a banking and finance trade association based in the United Kingdom, has announced the beginning of an experimental phase focusing on the U.K. Regulated Liability Network (RLN). Elev...

5 months ago

The AI industry faces bottlenecks caused by the scarcity and high costs of enterprise-grade GPUs.

Democratizing AI development: How consumer GPUs are breaking barriers to entry

The AI industry grapples with the scarcity and high cost of GPUs needed for training complex models. DEKUBE introduces a network solution for distributed AI training to democratize AI de...

5 months ago

The firm’s CEO, Eowyn Chen, shared a screenshot of the supposed “high-risk” exploit being sold on the dark web for a whopping $2 million.

‘Disable iMessages’ ASAP to avoid crypto zero-day exploit: Trust Wallet

Crypto wallet provider Trust Wallet is urging Apple users to disable iMessage, citing “credible intel” of a zero-day exploit that could allow hackers to take control of users’ ...

5 months ago

Prosecutors claim the “cryptojacking” scheme stole cloud computing resources to mine nearly $1 million worth of crypto.

Cryptojacker conned $3.5M from cloud firms to mine crypto, feds allege

United States prosecutors have charged a man with wire fraud and money laundering charges after he allegedly defrauded two cloud computing providers to run a “large-scale illegal &lsq...

5 months ago

Conflict Concerns Spark DOJ Review of Binance Monitor

DOJ Pulls Back from Choosing NY Law Firm for Binance Oversight, Citing FTX Connections

The Department of Justice (DOJ) is reportedly reconsidering selecting a prominent New York law firm to handle a critical assignment related to Binance, due to the firm’s prior work for riv...

5 months ago

The South Korean manufacturing conglomerate also plans to invest up to $45 billion in expanding its Texas facility by the end of the decade.

Samsung secures $6.4B grant to expand Texas chip manufacturing: Report

Samsung will receive $6.4 billion worth of grants from the United States government to expand its chip manufacturing in Texas. The South Korean manufacturing conglomerate secured the g...

5 months ago