Calling crypto “Web 3.0”, the third layer of the internet that enables permissionless asset ownership on the Web, “undermines” crypto’s true significance, which is a complete overhaul of the capitalist system, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. Mumtaz said that crypto supercharges all the necessary ingredients for capitalism to function…

Pakistan has opened the door to international crypto businesses, inviting leading exchanges and virtual asset service providers (VASPs) to apply for licenses under a new federal regime. On Saturday, the Pakistan Virtual Asset Regulatory Authority (PVARA) called on major crypto firms to submit Expressions of Interest (EoIs) to enter the country’s digital asset market, according to a…

Ethereum co-founder Vitalik Buterin has warned against crypto projects using artificial intelligence for their governance process, as malicious actors could exploit the technology. “If you use an AI to allocate funding for contributions, people WILL put a jailbreak plus ‘gimme all the money’ in as many places as they can,” Buterin said in a Saturday X post….