Crypto industry lobbying expenses rose by 120% in 2022 in the US
Coinbase remains a leader for lobbying expenditure for the sixth year in a row, but Binance.US is accelerating its efforts.
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Arbitrum’s first governance proposal sparks controversy with $1B at stake
The Arbitrum Foundation announced that it was only ratifying an existing decision when it proposed a 750 million ARB tokens budget.
MetaMask denies claims of wallet exploit in ‘massive’ $10M hack
MetaMask stated its security team is working with others in the Web3 wallet space to uncover the source of the exploit.
Stablecoin less preferable form of tokenized money, BIS paper finds
Bearer instruments such as stablecoin harken back to the days of pre-central bank “free banking,” with all the risks that implies, a BIS working paper says.
‘ChatGPT-like personal AI’ can now be run locally, Musk warns ‘singularity is near’
The AI model “GPT4All” isn’t as powerful as OpenAI’s ChatGPT-4 but requires just 4GB of space and doesn’t need the internet, providing immunity to AI censorship.
Paxful to return lost Celsius funds to Earn users
Peer-to-peer marketplace Paxful will refund its Earn program users impacted by Celsius Network’s bankruptcy.
What are distributed systems, and how do they work?
Get insights into how distributed systems work with this comprehensive overview.
Ethereum price action and derivatives data confirm bears are currently in control
Investors are unwilling to add long positions, as the Shanghai fork is expected to unlock a significant amount of ETH over a short period.
Republican Congressman Tom Emmer Introduces Bill to Ban Fed’s CBDC
On February 22, Republican Congressman Tom Emmer of the US House of Representatives introduced a bill to ban the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC). The “CBDC Anti-Surveillance State Act” aims to protect the financial privacy of American citizens by prohibiting the creation of a CBDC by the Fed without…
UK regulators moving “at pace” to deliver plan for tech firms hurt by SVB collapse
An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom.