ABCON Seeks SEC Oversight on Forex P2P

As a seasoned crypto investor with a deep understanding of the Nigerian financial landscape, I see this development as a positive step towards regulating the peer-to-peer forex market and increasing transparency in online transactions. Having witnessed firsthand the challenges associated with unregulated trading platforms, I believe that the involvement of the SEC is crucial to … Read more

‘Godfather of AI’ Calls to Universal Basic Income In The UK

As an analyst with a background in technology and economics, I believe that the call for Universal Basic Income (UBI) in response to the potential job displacement caused by AI automation is not only prudent but necessary. The voices of renowned experts like Geoffrey Hinton and Sam Altman carry significant weight, given their deep understanding … Read more

Venezuela Halts Crypto Mining to Ensure Reliable Power Supply

As an experienced energy market analyst, I strongly support the decision made by the Ministry of Electric Power in Venezuela to disconnect all cryptocurrency mines from power lines. The high energy consumption from mining activities is unsustainable for a country that prioritizes ensuring a reliable power supply for its citizens. According to the Ministry of … Read more

DeFi TVL Hits 94.974B with $11.89B Increase

As a researcher with a background in decentralized finance, I’ve been closely monitoring the recent developments in the DeFi space. The past few weeks have been particularly exciting, with a significant surge in TVL, which now stands at an impressive $94.974 billion as of May 18, according to defillama.com. As a researcher studying the decentralized … Read more

LayerZero readies sybil ‘bounty hunting’ effort, spots 800k addresses in airdrop scheme

As a researcher with experience in blockchain technology and token economics, I find LayerZero’s proactive approach to combating Sybil attacks commendable. The identification of over 800,000 potential Sybil addresses through a self-reporting mechanism and rigorous analysis by trusted partners is a significant achievement. According to interoperability leader LayerZero’s recent disclosure aimed at thwarting Sybil attacks, … Read more