California lawmakers push through controversial AI bill opposed by OpenAI
California lawmakers advance a controversial AI safety bill, SB 1047, despite pushback from major tech companies and now awaits full approval of Governor Gavin Newsom.
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The Lightning Torch: How the Community United to Teach Jack Dorsey About Feeless, Rapid Off-Chain Transactions
Over the last few weeks, Bitcoin’s (BTC) second-layer scaling protocol, called the Lightning Network (LN), has gained a lot of traction, steadily proving to become a viable solution to BTC’s infamous scalability problem and even potential competitor to American payments giant Visa.Thanks to the community-driven Twitter experiment called “the Lightning Torch,” the LN has now…

Can SOL reclaim $170? Two indicators scream 'buy'
SOL derivatives and the Solana network have remained stable, indicating that traders and users are not ready to give up.

Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network
The exponential rise in Bitcoin’s price and hash rate is driving critics to once again question the largest blockchain’s energy efficiency — with calls for “green hackers” to band together to mount an attack on the network.Total world production and consumption vs. Bitcoin. Source: CBECIA self styled “developer and ecologist” who goes by the name…

Blockchain Firm Digital Asset and ISDA Eye Smart Contract Use in Derivatives Trading
Distributed ledger technology (DLT) provider Digital Asset is collaborating with the International Swaps and Derivatives Association (ISDA) to develop a new tool that can support the use of smart contracts for derivatives trading. The news was revealed in an ISDA press release on April 9.The two parties’ collaboration focuses on creating interoperable technical solutions that…

Mantra bounces 200% after OM price crash but poses LUNA-like 'big scandal' risk
Mantra’s OM (OM) token staged a sharp rebound after plunging 90% over the weekend, following an active response from the project’s team addressing allegations of a rug pull scam. OM bounces 200% as co-founder addresses concerns As of April 14, OM was trading for as high as $1.10, almost 200% higher than its post-crash low

DeFi hacks on Binance Smart Chain rise as TVL and volumes increase
Binance Smart Chain, or BSC, was launched in September 2020 as a parallel blockchain to Binance Chain. It enabled the creation of smart contracts and a staking mechanism for the native token of both blockchains, Binance Coin (BNB). In its brief nine-month existence, there have been a lot of decentralized finance, or DeFi, projects built on…


EU banking watchdog proposes liquidity rules for stablecoin issuers
The proposed guidelines are currently in the public consultation phase for the next three months and, if approved, will come into effect starting in June 2024. 186 Total views 3 Total shares The European Banking Authority (EBA) — the European Union’s banking watchdog — has proposed a new set of guidelines for stablecoin issuers that will set