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Bluesky, decentralized Twitter rival hits App Store

Bluesky, decentralized Twitter rival hits App Store

Jack Dorsey, the co-founder of the online microblogging service Twitter, is moving forward with Bluesky, a decentralized Twitter competitor, with its mobile version now in private beta testing. Bluesky is now available on the App Store as an invite-only app, allowing select users to try out the unique social experience by entering an invite code. […]

MyAlgo warns users to withdraw funds due to unknown hack cause

MyAlgo warns users to withdraw funds due to unknown hack cause

The Algorand wallet provider stated that it has yet to discover the root of the ALGO exploits that have drained millions of dollars, asking users to remove funds from wallets created with a seed word. MyAlgo, an Algorand network wallet provider, has advised its users to withdraw cash from any wallets created with a seed […]

Ethereum testnet undergoes successful upgrade in Shanghai

Ethereum testnet undergoes successful upgrade in Shanghai

The Ethereum network’s Sepolia testnet has successfully updated, mimicking the next hard fork that is slated to take place when Ethereum’s Shanghai upgrade approaches next month. A successful upgrade has been implemented on the Ethereum blockchain’s Sepolia testnet. This upgrade replicates the imminent Shanghai hard fork, which is scheduled to take place on mainnet in […]

US Fed, Regulators warns about liquidity risks of crypto assets

US Fed, Regulators warns about liquidity risks of crypto assets

The Federal Reserve and other banking authorities in the US require financial institutions to continuously monitor liquidity issues of crypto assets and build effective risk management systems. The United States Federal Reserve and other banking regulators issued a warning to financial institutions regarding the liquidity concerns connected with entities related to crypto assets. According to […]

Montana’s crypto mining bill getting closer to becoming law

Montana's crypto mining bill getting closer to becoming law

After clearing the Montana Senate, a crypto mining rights bill containing legislation prohibiting discrimination against crypto miners is one step closer to becoming a reality. The proposed legislation would entrench a “right to mine digital assets,” prevent “discriminatory” electricity rates for crypto miners, safeguard “at home” mining, and deprive municipal governments of the authority to […]