Real-estate-backed stablecoin USDR suffers major depegging crisis, resulting in investor losses

During a recent crisis involving the real-estate-backed stablecoin Real USD (USDR), a trader suffered a significant loss after swapping 131,350 USDR for 0 USD Coin (USDC). The swap took place on the BNB Chain through decentralized exchange OpenOcean, at a time when USDR had depegged from its par value by nearly 50% due to a […]

CoinMarketCap Launches ChatGPT Plugin for Real-Time Crypto Data Analysis

CoinMarketCap, a crypto data aggregator owned by Binance, has launched a new ChatGPT plugin. This plugin allows users to access real-time data directly from CoinMarketCap. By signing in to their ChatGPT Plus account and enabling the plugin, users can keep up with the rapidly changing crypto landscape. The plugin operates as an AI crypto analyst, […]

Bitcoin Spark (BTCS) Revolutionizes Crypto Standards with Decentralized Validation and Rental Services

Bitcoin Spark (BTCS), Avalanche (AVAX), Stellar (XLM), and Monero (XMR) are revolutionizing the cryptocurrency industry with their innovative approaches. Bitcoin Spark, a new Bitcoin fork, aims to overcome the limitations of Bitcoin while maintaining its fixed supply of 21 million coins. It offers rapid transactions, low gas fees, and a scalable platform for smart contracts […]

Binance Rebrands Content Aggregator as Binance Square, Introduces Monetization Tools

Binance, one of the leading cryptocurrency exchanges, has rebranded its content aggregator platform, Binance Feed, as Binance Square. This new platform aims to provide a Twitter-like experience for users and includes monetization features such as a tipping option for content creators and an affiliate commission program. Binance Square has already gained over 10 million monthly […]

Mastercard Completes Trial of Wrapping Central Bank Digital Currencies on Different Blockchains

Mastercard has successfully completed a trial involving central bank digital currencies (CBDCs) on different blockchains, similar to wrapped Bitcoin and wrapped Ether. The trial was conducted with the Reserve Bank of Australia (RBA) and the country’s Digital Finance Cooperative Research Centre CBDC, along with participation from Cuscal and Mintable. The solution allowed a CBDC owner […]

Elon Musk Streams Diablo 4 Gameplay on Social Media Platform X

Elon Musk, the owner of the social media website X (formerly known as Twitter), recently hosted a gaming stream on the platform. The stream featured Musk playing Diablo 4 and answering questions from viewers. This was a test of X’s new streaming feature, which was deemed successful with no technical issues. Musk’s goal is to […]

Chainlink Whales Buy the Dip as LINK Price Drops 12% in October

Chainlink (LINK) experienced a 12% drop in price in October, but despite this, whales continued to accumulate the cryptocurrency. Large LINK addresses increased in number since mid-September, with 27 additional addresses holding 100,000-1 million LINK and four wallets holding between 1-10 million LINK. While the overall crypto market downturn may have spooked retail investors, the […]

Real Estate-Backed Stablecoin USDR Depeg Crisis Deemed Terminal as User Protection Becomes Impossible

TangibleDAO, the creator of the real estate-backed USDR stablecoin, has announced that it will discontinue the project after it depegged on October 11. The decision was made due to the numerous attack vectors in the stablecoin’s design and the ease with which measures to protect users could be manipulated. The team plans to deprecate the […]

Tech Giants Join Forces to Combat Deepfakes with Open-Source Tools

A group of major technology companies, including Adobe, Microsoft, and Intel, have joined forces to tackle the issue of deepfakes and AI-generated synthetic media. The Coalition for Content Provenance and Authenticity (C2PA) aims to establish an open standard that can verify the origins and authenticity of online content. By developing metadata tools, the coalition hopes […]

Former Facebook Executive David Marcus Reveals Mark Zuckerberg’s Appreciation for Bitcoin

In a recent podcast interview, former Facebook executive David Marcus revealed that CEO Mark Zuckerberg is a fan of Bitcoin. Marcus stated that Zuckerberg appreciates Bitcoin and they had many conversations about the topic while working on the Libra project. However, Marcus quickly shifted the focus back to Libra and discussed the challenges they faced […]