Author: Coindesk
The proposal, created as far back as October 2020, also allows for users to sign transactions that were submitted by a different party – for example, signing transactions from a different interface, or signing them offline. The authors are Sam Wilson, Ansgar Dietrichs, Matt Garnett and Micah Zoltu, according to the document. Read the full article here
Now, Tesla faces an existential threat. Sales and profits are falling, competition is increasing, particularly from China, and drastic cost-cutting measures include staff reductions and simplified car builds. As Tesla struggles with market pressures, leadership and strategic challenges persist, raising concerns about the company’s direction and stability. Read the full article here
The unveiling of Crypto ISAC, which has been several years in the making, is something of a badge of honor, as it joins the crypto industry with many other established verticals that use information sharing to protect critical infrastructure, such as healthcare, retail, the financial sector, the automotive industry and many more. Read the full article here
Dorsey, in a post on X on Saturday called upon his followers to use “freedom technology” such as X, and to not depend on corporations “to grant you rights.” He said something very similar on Nostr, the open source protocol aimed at enabling a fully decentralized, censorship-resistant social media experience, where he’s been very active in past weeks and to which in 2022 he donated 14 bitcoin (worth about $245,000 at the time) to the protocol’s founder. Read the full article here
“There’s $400 million every year that are being wasted on reverting transactions, stuck transactions, and just very obviously predatory MEV front-running and sandwich attacks,” Jason Linehan, director of the Special Mechanisms Group division of Consensys, said in an interview. Read the full article here
For Khan, decentralized AI is more than hype and more than abstract and more than a fashionable trend — it’s critical and it’s the future. And it can make our daily lives easier. ”I think in five years, we will have autonomous on-chain AI agents doing crypto transactions, and managing a large part of our lives,” predicts Khan. “In 5 to 10 years, managing our financial life, our emails, and the administrative hassle of things like paying bills. That can be done on-chain and natively.”Arif Khan, CEO of Alethea AI, is a speaker at this year’s Consensus festival in Austin,…
The company said that the potential action from the agency may include “a civil injunctive action, public administrative proceeding, and/or a cease-and-desist proceeding and may seek remedies that include an injunction, a cease-and-desist order, disgorgement, pre-judgment interest, civil money penalties, and censure, revocation and limitations on activities.” Read the full article here
Bitcoin trades around $64,000 early Monday as the crypto market erased last week’s losses. BTC surged to $65,400 during Asia trading hours Monday, its highest price in almost two weeks, and now is up almost 15% from last week’s corrective bottom. Bitcoin’s swift recovery to a bullish weekly close “sets up the possibility the next higher low is already in place ahead of the next major upside extension to a fresh record high,” LMAX Group market strategist Joel Kruger said in a Monday report Alternative cryptocurrencies (altcoins) followed suit, with SOL, AVAX and NEAR advancing 4%-5% over the past 24…
“Contrary to ASIC’s submissions, the Qoin Blockchain, a means of acquiring Qoin and a means whereby business operators who hold Qoin Wallets can register as Qoin Merchants are not components of, and are not themselves, the mechanism which allows the user to make the non-cash payment,” the order said. Read the full article here
May 5: Jesse Pollak, who oversees the crypto exchange Coinbase’s layer-2 network, Base, unveiled a new incentives campaign, “Onchain Summer II,” with more than 600 ETH ($2 million) of prices, grants and gas credits offered by the project and its ecosystem partners. “Onchain Summer will kick off with a month-long online hackathon hosted by Base and partners,” according to the post. “Base is collaborating with teams across the ecosystem, including Coinbase, to enable tools for Onchain Summer builders,” including easier wallet onboarding with Coinbase’s new smart wallet recently launched on Base Sepolia testnet and “seamless user experiences” with account abstraction.…