Multichain has suspended its operations after an unexplained transfer of crypto assets worth millions of dollars took place on July 6. Stablecoin issuers Circle and Tether have frozen over $65 million in assets tied to the suspected exploit of cross-chain router protocol Multichain. The move follows unexplained large outflows from the Multichain MPC bridge on...Continue Reading

According to the SEC, Coinbase recognized the probability that federal securities laws would apply to its operations, openly informing its shareholders about the risk. According to a letter sent by the SEC on July 7 to a district judge, Coinbase had knowledge of the probability that federal securities laws would apply to its operations, openly...Continue Reading

Explore the concept of prompt engineering, its significance, and how it works in fine-tuning language models. Prompt engineering has become a powerful method for optimizing language models in natural language processing (NLP). It entails creating efficient prompts, often referred to as instructions or questions, to direct the behavior and output of AI models. Due to prompt...Continue Reading

The Graph is an indexing protocol for Web3 applications that organizes blockchain data to make it easily accessible with GraphQL.. Is The Graph (GRT) crypto a good investment? Due to the volatile and uncontrolled nature of the digital currency market, due diligence and a full understanding of The Graph’s (GRT) usage, adoption and risks are...Continue Reading

This week’s Crypto Biz also explores Gemini’s fight with the Digital Currency Group (DCG) over user funds, new banking tools for the digital yuan, and OpenAI’s efforts to stop users from jumping paywalls. Twitter’s plans to roll out a payment platform took a major step forward this week as its subsidiary, Twitter Payments, received its...Continue Reading

Although the tool’s accuracy may not match current genetic tests, it can swiftly predict a tumor’s profile. An artificial intelligence (AI) tool has emerged to assist doctors in combating aggressive brain tumors. It aids in identifying crucial characteristics that provide guidance during surgery. The Cryosection Histopathology Assessment and Review Machine (Charm) is an advanced tool...Continue Reading

This innovative pilot program aims to enable users to tokenize real estate assets and utilize them as collateral for loans, leveraging Ripple’s CBDC platform. Ripple Labs Inc, a company known for blockchain innovation and digital payments, has announced an initiative to transform the real estate industry using tokenization. Antony Welfare, the Central Bank Digital Currency...Continue Reading

According to court documents, the Boneheads team has been accused of breach of contract, misappropriating funds and misleading investors. The investigative work of independent blockchain sleuth ZachXBT has been cited in a class action lawsuit in Canada against Boneheads, an alleged $3.1 million nonfungible token rug pull. Tweeting on July 7, ZachXBT highlighted that lawsuit...Continue Reading

The bad actors utilized a fake GutterCatGang airdrop scam to drain people’s wallets, with at least $700,000 worth of NFTs being stolen from a single address. More than $765,000 worth of nonfungible tokens has been stolen as part of a reported SIM swap attack on the GutterCatGang NFT project. The security breach was highlighted by...Continue Reading

Twitter users have been sharing security incidents surrounding the crypto exchange, including claims that scammers are using Coinbase’s domain name for attacks. Update (July 7 at 9:33 PM UTC): This article has been updated to include Coinbase’s response.  Coinbase’s users have been turning to Twitter to report scams and phishing attacks involving the company’s services...Continue Reading