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  • Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now

    Crypto exchange Kraken has ‘no plans’ to delist USDT in Europe for now

    Concerns were raised after a Bloomberg article reported Kraken was “actively reviewing” which tokens it could continue to list under the European Union’s upcoming MiCA framework. Cryptocurrency exchange Kraken has “no plans” to delist Tether (USDT) in Europe at the moment despite a recent report claiming the firm was “actively reviewing” the decision to remain…

  • Ripple publishes math prof’s warning: ‘public-key cryptosystems should be replaced’

    Ripple publishes math prof’s warning: ‘public-key cryptosystems should be replaced’

    Mathematician Massimiliano Sala says current encryption methods won’t protect blockchain systems from quantum computers. Professor Massimiliano Sala, of the University of Trento in Italy, recently discussed the future of blockchain technology, as it relates to encryption and quantum computing, with the crew at Ripple as part of the company’s ongoing university lecture series. Sala’s discussion focused…

  • Bitcoin bulls take charge as SOL, AR, GRT and FTM flash bullish signs

    Bitcoin bulls take charge as SOL, AR, GRT and FTM flash bullish signs

    Bitcoin is hogging all the limelight, but SOL, AR, GRT and FTM are also trying to move higher. Bitcoin (BTC) has risen over 8% this week, indicating that lower levels continue to attract buyers. Generally, in a range, traders buy near the support and sell close to the resistance. This suggests that the price may…

  • The dilemma of global web3 integration: Will the complexity of web3 win over web2?

    The dilemma of global web3 integration: Will the complexity of web3 win over web2?

    The following is a guest post from Bakhrom Saydulloev, Product Lead at Mercuryo. Statistics works in a funny way. When experts feel the need to prove the growing acceptance and awareness of Web3, they over-simplify the concept to say, for instance: “more than 90% of people have heard of crypto, hooray!” And yes, that is,…

  • OpenAI leadership responds to former employee safety allegations

    OpenAI leadership responds to former employee safety allegations

    The company’s head of alignment, Jan Leike, resigned on May 17, stating they’d reached a “breaking point” with management. Sam Altman and Greg Brockman, the CEO and president of ChatGPT maker OpenAI, respectively, recently took to X.com to publicly discuss the recent departure of Jan Leike, arguably the company’s former top safety officer. As Cointelegraph recently…

  • Tornado Cash verdict has chilling implications for crypto industry

    Tornado Cash verdict has chilling implications for crypto industry

    The conviction of Tornado Cash developer Alexey Pertsev reinforces a very broad interpretation of criminal liability, which has major repercussions for blockchain. The conviction of Alexey Pertsev, a developer of coin-mixing protocol Tornado Cash, comes from a chilling interpretation of criminal liability likely to have wider ramifications for crypto.The Dutch court’s guilty verdict means Pertsev…

  • IBC to Ethereum: Building the interconnected Internet of Blockchains

    IBC to Ethereum: Building the interconnected Internet of Blockchains

    Since the advent of Bitcoin in 2009 and the explosion of innovation that followed, the web3 industry has faced many challenges. Beyond dealing with regulators, improving UX, and weeding out bad actors, blockchain engineers continue to tackle two major hurdles: scalability and interoperability.  While many Layer 2s are working to scale Layer 1s like Bitcoin…

  • Bitcoin clings to $67K but analysis warns of 10% BTC price drop next

    Bitcoin clings to $67K but analysis warns of 10% BTC price drop next

    Bitcoin bulls are enjoying 10% month-to-date gains currently, but one trader warns that the picture should soon look very different for BTC price action. Bitcoin (BTC) circled $67,000 on May 19 as liquidity around spot price strengthened into the weekly close.Data from Cointelegraph Markets Pro and TradingView showed bulls holding the week’s upside, with month-to-date…

  • Venezuela bans crypto mining to protect power grid

    Venezuela bans crypto mining to protect power grid

    This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative. The Venezuelan government has joined the list of countries that have frowned on crypto mining due to its hefty electricity demands.According to a local news outlet, Venezuela’s Ministry of Electric Power (MPPPE) has unveiled plans to…

  • XRPL on-chain transactions jump 108% in Q1 2024

    XRPL on-chain transactions jump 108% in Q1 2024

    The XRP Ledger (XRPL) recorded 251.39 million on-chain transactions during the first quarter of 2024, an increase of approximately 108% compared to the last quarter of 2023. The XRP Ledger (XRPL) has seen its on-chain transaction activity increase by 108% during the first quarter of 2024, while its average transaction cost has been slashed by…

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