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Tensions in DeFi industry exposed by LayerZero’s anti-Sybil strategy

LayerZero has identified 800,000 potential Sybil addresses so far, but the process has antagonized some community members.

Bitcoin has '3 bullish reasons' to head higher after $68K dip — analysis

Bitcoin price strength is not in danger after the Mt. Gox sell-off, says QCP Capital, as multiple factors align to boost crypto markets.

Polygon Labs co-founder Sandeep Nailwal assumes new ZK role

Establishing the new role, Polygon co-founder Sandeep Nailwal will increase focus on growing ZK solutions, including Polygon CDK.

LVMH is augmenting humans with AI, not replacing them

The luxury conglomerate has also debuted its internal ChatGPT spinoff exclusively for employees.

Ethereum Name Service plans layer-2 migration to reduce gas fees, boost speed

The proposed ENSv2 aims to lower gas fees and improve transaction speed by moving out of Ethereum and transferring to a layer-2 network.

MoonPay launches Web3 platform for brands, digital experience

Crypto firm MoonPay is targeting digital experience for brands in its new Web3 platform, a market estimated to reach over $25 billion by 2029.

Crypto awareness key for US presidential candidates, says survey

Seven out of ten respondents claim they have invested, and almost one in five (19%) say they hold cryptocurrency

ChatGPT-coded memecoin reaches $638M market cap

The Turbo memecoin surged by over 2,000% in the last three months, sending its market capitalization above $600 million.

Iggy Azalea distances herself from alleged scammer's $300K memecoin

Azalea joins a growing list of celebrities unveiling ties to alleged serial scammer Sahil Arora as a project with the artist’s name nets $300,000 in presale.

Vitalik Buterin claws back crypto community's right to redefine 'inflation'

The Ethereum co-founder asserts the crypto community's right to redefine "inflation" as the increase in currency supply, challenging traditional economic definitions and addressing misinformation.

BNB Chain faces $80K Bitcoin exploit. White hat hacker or ongoing exploit?

Certain on-chain signs point to a potential white hat, or ethical hacker, looking for blockchain vulnerabilities.

HTX crypto exchange overtakes Coinbase in trading volumes

Coinbase is lagging behind HTX and Bitrue exchange, with around $2 billion in spot trading volumes.

Bitcoin misses key resistance flip as BTC price falls below $68K

BTC price action shows sensitivity to Mt. Gox events, leaving $69,000 unclaimed as new support — to the frustration of Bitcoin bulls.

Mt. Gox moves $9.6B worth of Bitcoin. Are creditors finally being repaid?

The transfer represents the first significant on-chain movement from Mt. Gox-related wallets in the past five years, ahead of the October 2024 repayment deadline.

DDoS attacks in blockchain networks, explained

A DDoS attack can severely compromise the security of a blockchain network by taking down nodes and bloating the network with fraudulent transactions.

Memecoins dominate crypto open interest charts taking 4 out of top 10 spots

Open Interest refers to the total amount of pending derivative contracts that have not yet been settled. In a futures contract, for every seller, a buyer is required to settle the contract.

Central banks turn to generative AI for enhanced cybersecurity: BIS

Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow.

The Sandbox launches The Sandbox DAO with 25M Sand Treasury

The new DAO will allow SAND and LAND owners to vote on platform projects, aiming to enhance transparency and community involvement.

Donald Trump’s crypto portfolio briefly peaks above $10M

The MAGA memecoin surged to an all-time high on May 27, boosting Trump’s crypto holdings.

Ethereum validator P2P.org enables ETH restaking on EigenLayer

P2P.org’s new API integration enables intermediaries to stake Ether and restake it on EigenLayer directly through its platform.

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