ZKSNACKS Shutting Down Coinjoin Service: Impact on Wasabi Wallet and Bitcoin Privacy
TL;DR ZKSNACKS, the company behind Wasabi Wallet, will close its Coinjoin coordination service on June 1. Wasabi Wallet will continue to function as a standard...
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Strategic Collaboration between Eclipse and Neon Stack: Advancements in EVM-SVM Compatibility
TL;DR Eclipse and Neon Stack join forces to provide compatibility between EVM and SVM on blockchain. Neon Stack offers an infrastructure that allows Ethereum dApp...
Block, Jack Dorsey’s Company, Under Federal Investigation
TL;DR Federal investigations are examining financial transactions in Square and Cash App, Block’s main units. A former employee has provided internal documents addressing deficiencies in...
BUIDL: Setting New Standards in Tokenization
TL;DR Rapid Growth: BlackRock’s BUIDL has become the world’s largest tokenized treasury fund in under six weeks, with $375 million in deposits, capturing nearly 30%...
Lowest Crypto Hacks and Scam Losses Since 2021
TL;DR April saw the lowest losses from cryptocurrency hacks and scams since 2021, according to CertiK. Combined losses from exploits, hacks and scams reached approximately...
Changpeng Zhao of Binance: Positive Outlook After Sentencing
TL;DR CZ, former CEO of Binance, sentenced to four months in prison for violating anti-money laundering laws. Despite the ruling, CZ retains his fortune and...
Changpeng Zhao Facing Justice: Prison or Freedom?
TL;DR Changpeng Zhao appears in court to receive his sentence after pleading guilty to violating the Bank Secrecy Act. Despite the sentence being reduced to...
Unraveling the Samourai Case: Key Events and Implications
TL;DR Arrest and Charges: Keonne Rodriguez, co-founder of Samourai Wallet, was released on a $1 million bond with strict conditions, including no involvement with Samourai...
Circle’s USDC Surpasses Tether’s USDT: A Shift in Stablecoin Preference
TL;DR Circle’s USDC Surpasses USDT: In April 2024, Circle’s USDC saw 166.6 million transactions, surpassing Tether’s USDT’s 163.6 million transactions. Over the past week, USDC...
IO.net: Sybil Attack and Security Measures to Strengthen the Network
TL;DR Io.net faces a Sybil attack on its network. CEO Ahmad Shadid reveals details of the attack and security measures taken. Measures are implemented to...