Day: July 10, 2024

Uniswap Challenges SEC: A Stand for DeFi’s Autonomy

Uniswap, a leading decentralized exchange (DEX), has openly challenged the U.S. Securities and Exchange Commission’s (SEC) recent attempts to regulate the decentralized finance (DeFi) sector. This confrontation follows closely on the heels of the U.S. Supreme Court’s landmark decision to eliminate Chevron deference, significantly altering the landscape of administrative law and regulatory oversight. In a […]

Forgotten Runiverse Jumps to Ronin: A New Era Begins

Forgotten Runiverse, a fantasy role-playing game, is set to migrate to the Ethereum sidechain Ronin. This move was announced by developers Bisonic, Inc. and Magic Machine on Wednesday. Known for its vibrant NFT project-based gameplay, Forgotten Runiverse joins a growing list of games adopting Ronin, a network that gained popularity with titles like Axie Infinity […]

Crypto.com Drama: Employee Charged in $47K Extortion Plot

Jose Luis Alonso Melchor was recently arraigned in a Malta court, facing allegations of threatening to disclose sensitive information unless he received €44,000 ($47,666) in compensation following his termination from the Singapore-based crypto exchange Crypto.com. Melchor, who held a position granting access to confidential data, allegedly violated an attachment order and unlawfully accessed company information. […]

Can Bitcoin Miners Lead the AI Revolution?

Research firm Bernstein has presented a compelling case for Bitcoin mining firms to transition into building AI data centers. These mining companies could derive up to a third of their future enterprise value from the AI sector. The report anticipates that 30%-35% of their 2025 estimated enterprise value (EV) will come from the AI vertical, […]