Lightning Labs Unveils Bitcoin Tools for AI
On July 6, Lightning Labs unveiled a new toolkit that lets layer-2 apps for artificial intelligence (AI) communicate with the Bitcoin network. The most recent action attempts to improve payment efficiency, accessibility, and convenience for AI developers. By utilizing Lightning’s features, developers can avoid using laborious and expensive traditional payment methods like credit cards. These […]
Multichain Suspends Services Following $126M Exploit
Multichain (MULTI), a cross-chain protocol, has suspended operations today after verifying the erroneous payment transfers from its MPC address. According to blockchain security company Peckshield, Multichain was hacked for $126 million, with money being transferred between its Fantom (FTM) and Moonriver (MOVR) bridge by the assailant. Multichain recommended that users cancel any protocol-related approvals after […]
Gemini lawsuit accuses Barry Silbert, Digital Currency Group of fraud
Gemini Trust Company has sued Digital Currency Group and CEO Barry Silbert for fraud, according to a complaint filed Friday. Cameron Winklevoss, the co-founder of Gemini, has disclosed that they have sued the Digital Currency Group (DCG) and its leader Barry Silbert individually. According to the lawsuit, DCG and Silbert were charged with defrauding the […]
Shibarium to Launch Mainnet at Blockchain Futurist Conference
Shibarium, the Layer 2 blockchain solution for Shiba Inu, will launch its mainnet at the Blockchain Futurist Conference in Toronto this August. Enhancing Shiba Inu Ecosystem with Scalability and Utility Shibarium is a Layer 2 blockchain solution built to enhance the Shiba Inu ecosystem by providing scalability, speed, and low fees. Operating on the Ethereum […]
CSA Issues Crypto Fund Guidance In Canada
The Canadian Securities Administrators (CSA) has published new guidelines for public investment funds holding or seeking to invest in crypto assets, especially complying with securities law requirements. The guidelines cover custody, staking, valuation, and suitability of crypto assets for retail investors. Overview of the guidelines The CSA is the umbrella organization of Canada’s provincial and […]