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Ad Coinbase said it would not integrate the popular artificial intelligence tool ChatGPT into its security review process because it does not meet its accuracy requirements. Coinbase used ChatGPT to test the security standards of 20 unnamed ERC-20 tokens. The results of the tests showed that the tool showed “promise for its ability to quickly…
Ad Bitcoin has had one of its best weeks in history, with a closing increase of 35.8%. Bitcoin’s monthly average transaction count has hit 309.5k per day — the highest level since April 2021, according to on-chain analytics firm Glassnode. Despite the high price performance, the proportion of ‘hot coins’ is still close to cycle…
Ad Mastercard will reportedly power the card for Australian stablecoin firm Stables, as announced by mutual partner Marqeta in a March 20 press release. The partnership will allow Stables — which currently offers a digital wallet and stores balances in the USDC stablecoin — to issue Mastercard prepaid cards through Marqeta. Marqeta Mastercards will power…
Ad A hacker who recently exploited Euler Finance is attempting to arrange the return of stolen funds, as seen in an on-chain message on March 20. Hacker reaches out to Euler Finance Records from Etherscan show that the hacker sent an Ethereum transaction to Euler Finance’s deployer contract. That message read: “We want to make…
Ad In the past week, MakerDAO has experienced a drop in total value locked (TVL), the supply of DAI, and annualized fee income, signaling some potential trouble for one of the world’s largest stablecoin issuers. Additionally, MKR’s value decreased by 25% during the same timeframe. Despite DAI’s recent return to parity with the US dollar,…
Ad Ethereum ecosystem projects Polygon and Immutable have partnered on Web3 gaming, according to a press release published on March 20. Immutable and Polygon join forces The joint announcement indicates that the two projects will form a strategic alliance to advance Web3 gaming in terms of development and adoption. The partnership will focus on Immutable…
Part of Biden’s Executive Order encouraged the Financial Stability Oversight Council “to identify and mitigate economy-wide (i.e., systemic) financial risks posed by digital assets and to develop appropriate policy recommendations to address any regulatory gaps.” Critics point to gaps in CBDC plan However, critics of Biden’s plan — like Gov. De Santis — argue that…
Coinbase has discontinued support for Signet, a service once offered by the failed Signature Bank, according to a report from the Wall Street Journal on March 20. Coinbase partnered with Signature in October 2022. Coinbase used Signet to perform U.S. dollar transactions with exchanges and institutional clients instantly and around the clock. Signature only offered…
Much has been said about Ethereum flipping Bitcoin in the past, particularly during the 2017 bull cycle when the ETH/BTC ratio peaked at 0.157. However, fast forward to now, spurred by the ongoing banking crisis narrative, Glassnode data analyzed by CryptoSlate suggests a period of Ethereum underperformance ahead – putting paid to the idea of…