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Binance Continues NFT Foray, Launches New Loan Feature
The world’s leading cryptocurrency exchange – Binance – is launching a new NFT loan feature. It is designed to enable users to borrow cryptocurrency, using their non-fungible tokens as collateral.
Binance continues its…
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Lawyer uses ChatGPT in court and now ‘greatly regrets’ it
A New York attorney has been blasted for using ChatGPT for legal research as part of a lawsuit against a Columbian airline.Steven Schwartz, an attorney with the New York law firm Levidow, Levidow & Oberman, was hired by Robert Mata…
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Why US Employees Are Ditching Their 401(k) Plan for Bitcoin
Traditional retirement savings in the United States predominantly revolve around the 401(k) plan. However, many US employees are reassessing this conventional path for various reasons as an unexpected contender arises. Bitcoin, the…
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Tornado Cash governance control set to be restored as voters approve proposal
The governance tokenholders of Tornado Cash will soon regain control over the protocol’s operations, thanks to an unexpected proposal put forward by the attacker. This development allows the community to regain authority and steer the…
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Hong Kong Police Force launch new metaverse platform, ‘CyberDefender’
The cybersecurity unit of the Hong Kong Police Force has launched CyberDefender, a new metaverse platform designed to educate the public about the potential dangers associated with Web3 and the metaverse.According to a May 27 statement,…
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fostering responsible gambling for a sustainable ecosystem
GamStop was created in the United Kingdom to help gamblers get free help when they need it.
A lot of gamblers gambling…
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Dip Buying Sentiment Slides as Bitcoin Drops to Long-Term Support
On May 26, on-chain analytics provider Santiment observed that Bitcoin traders often buy short-term, small crypto price dips but have been scared to buy the longer-term bigger ones.
It added that mentions of buying the…
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Cronos Labs launches second cohort of $100M Web3 accelerator
Blockchain startup accelerator Cronos Labs has announced the launch of its second cohort for the Cronos Accelerator Program. The program, backed by a substantial $100 million investment, aims to support early-stage crypto projects by…
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MakerDAO proposal seeks to hike DAI savings rate to 3.33%
The community of Ethereum-based decentralized finance (DeFi) protocol MakerDAO will soon vote on a proposal to increase its Dai (DAI) stablecoin’s savings rate (DSR) to 3.33%. If it goes through, the move is tipped to have broader…
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Gemini, Genesis file to dismiss SEC lawsuit against Earn product
Cryptocurrency exchange Gemini and bankrupt crypto lender Genesis Global Capital have jointly filed for the dismissal of a Securities and Exchange Commission (SEC) lawsuit. The lawsuit claims the company’s “Earn” product violated…
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