Author: CryptoExpert
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Casio debuted the “Virtual G-Shock” community program
[ad_1] The world-renowned electronics giant Casio is bringing its iconic G-Shock watch in the non-fungible realm through the latest venture. The brand has recently unveiled the launch of the ‘VIRTUAL G-SHOCK’, a community-driven program focused on co-creation and interaction. The core concept behind the project is to unite people in one place where they can…
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Coinbase-incubated Base suffers an outage, team says user funds are safe
[ad_1] Key takeaways Base suffers an outage Base, the Ethereum Layer-2 network incubated by Coinbase suffered an outage during the early hours of Wednesday. The team revealed this on X (formerly Twitter) a few hours ago. Earlier today we had a delay in block production due in part to our internal infrastructure requiring a refresh.…
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Appellate judge denies Sam Bankman-Fried’s request for immediate release from jail
[ad_1] Former FTX CEO Sam Bankman-Fried, also known as SBF, lost an initial appeal to return to being free on bail prior to his criminal trial. In a Sept. 6 filing in the United States Court of Appeals for the Second Circuit, Clerk of Court Catherine O’Hagan Wolfe said a circuit judge had denied a…
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Thailand Restricts Crypto Custodial and Lending Services
[ad_1] Share this article In an effort to strengthen investor protection in the digital asset space, Thailand’s Securities and Exchange Commission (SEC) has rolled out a fresh set of directives for firms offering digital asset services, including banning the use of customer assets for investing and lending, and putting more disclaimers of the dangers of…
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Crucible and Futureverse announce open metaverse partnership
[ad_1] We’re thrilled to announce the return of GamesBeat Next, hosted in San Francisco this October, where we will explore the theme of “Playing the Edge.” Apply to speak here and learn more about sponsorship opportunities here. At the event, we will also announce 25 top game startups as the 2024 Game Changers. Apply or nominate today! Crucible…
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Crypto Market-Making Profit Margins Take a Hit, Down 30% Amid Industry Changes
[ad_1] Source: Adobe / Bill Gallery The once-lucrative business of market-making in crypto, facilitating trades and profiting from the spread between buying and selling prices, has faced headwinds recently. One major factor contributing to this decline is the heightened caution among investors following the crypto market’s downturn last year, which wiped out approximately $2 trillion…
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zkSync Is About to Launch Its Mainnet 2.0. Here’s What to Expect
[ad_1] Key Takeaways zkSync 2.0 is set to launch this Friday. The upgrade will bring added smart contract functionality, allowing developers to deploy their own DeFi apps, NFTs, and games on the Layer 2 network. zkSync also has plans to launch a token, with some speculating that it will follow Optimism’s lead in rewarding early…
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DeFi Hack Worth $3.4M Strikes EraLend, zkSync’s Top Lender
[ad_1] Share this article EraLend, a lending protocol on Ethereum’s scaling blockchain, zkSync, faced a substantial exploit that resulted in a loss of $3.4 million, according to an analysis by CertiK, a leading firm in blockchain security. The incident was described as a read-only reentrancy attack, a complex strategy allowing the perpetrator to tamper with…
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Bitcoin Unscathed As Crypto Funds Bleed With $342 Million Outflow Streak
[ad_1] Bitcoin, the world’s leading crypto, has been spared from a recent negative occurrence that gripped the digital currency market. Crypto outflows took a breather last week, providing a glimmer of hope for an industry grappling with prolonged negative sentiment. According to recent data, digital-asset investment products saw $11.2 million flow out of the market,…
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UK government outlines AI Safety Summit plans
[ad_1] The UK government has announced plans for the global AI Safety Summit on 1-2 November 2023. The major event – set to be held at Bletchley Park, home of Alan Turing and other Allied codebreakers during the Second World War – aims to address the pressing challenges and opportunities presented by AI development on…