Rune Christensen proposed a deflationary model for Sky, halting token emissions and aligning with MakerDAO’s original supply reduction vision. Rune Christensen, the co-founder of Sky (formerly MakerDAO), said he is preparing a proposal for “strictly deflationary tokenomics” to halt token emissions and decrease total supply. Christensen aims to prevent token emissions from occurring “in normal...Continue Reading

Scammers pretended to be police and demanded BTC for missing court dates, while an attacker minted a huge number of SUN tokens and dumped them. Some residents of the state of Colorado in the United States have fallen victim to a new police impersonation scam. According to an Oct. 31 report from local news site...Continue Reading

Biconomy’s acquisition of Klaster paves the way for a modular blockchain framework to simplify developer tasks and bolster user experiences. Biconomy, a provider of account abstraction for Web3 and decentralized applications (DApps), has acquired Klaster, a specialist in blockchain abstraction, to establish a Modular Execution Environment (MEE). The acquisition will focus on developing the MEE,...Continue Reading

The revelation comes just a day ahead of the US presidential election on Nov. 5, which has become a focal point for crypto investors. Donald Trump’s “Yes” votes on the leading decentralized prediction market are largely controlled by a few mysterious entities as political bettors place millions of dollars in votes ahead of the United...Continue Reading

The latest inflows mark four weeks of consecutive buying in cryptocurrency products, totaling more than $5.7 billion, or 19% of all such inflows YTD. Cryptocurrency investment products posted another massive week as the United States presidential election draws closer. Digital investment products saw $2.2 billion in inflows from Oct. 26 to Nov. 2, bringing year-to-date...Continue Reading

Europe’s largest telecommunications provider plans to mine Bitcoin using surplus energy from renewable sources, which would otherwise remain unused. Deutsche Telekom is set to venture into Bitcoin mining, in a positive sign of adoption for the world’s first cryptocurrency. Deutsche Telekom, Europe’s largest telecommunications provider, announced a new Bitcoin (BTC) mining project using surplus energy...Continue Reading

Kraken expands into Australia’s crypto derivatives market with a regulated broker service for wholesale investors. Kraken, a centralized cryptocurrency exchange, introduced a licensed brokerage service in Australia targeting wholesale clients and designed to meet the needs of institutional and large-scale investors. The new service offers Australian clients crypto-based derivatives trading, a financial product tied to...Continue Reading

The rumors around the alleged listing fees could drive projects to decentralized trading platforms. Some of the largest cryptocurrency exchanges allegedly ask for up to hundreds of millions of dollars for new token listings. According to Tron founder Justin Sun, Coinbase allegedly asked for $330 million in total fees to list Tron (TRX). Sun posted...Continue Reading

Learn how Samsung’s Knox Matrix uses blockchain technology to secure connected devices, ensuring safer AI home appliance networks. Artificial intelligence (AI) can make your home appliances really smart. Your refrigerator may know about your grocery list, your washing machine may self-start at the most efficient time and the TV may shut off if it finds...Continue Reading

Bitcoin faces a macro week like few others as BTC price action struggles to flip old resistance to bull market support. Bitcoin (BTC) heads into US Presidential Election week with its own battle for $69,000 and new all-time highs. Bitcoin kept bulls frustrated over the weekend as an ongoing comedown from last week’s tap of...Continue Reading