Regulators are cracking down on privacy-preserving protocols like cryptocurrency mixers, but zero-knowledge proofs (ZK-proofs) could offer a solution for both developers and regulators. Offering privacy-preserving features in a legally compliant manner is among the biggest concerns of today’s privacy-focused blockchain protocols, which can be used by virtually anyone with internet access. However, the evolution of…
On May 13, blockchain AI platform ChainGPT will hold the initial dex offering (IDO) of its launchpad project, Wisdomise AI, in conjunction with KuCoin and Gate.io. Wisedomise is an AI-powered crypto adviser and investment assistant that helps users learn, predict, and execute digital asset trades. Ilan Rakhmanov, CEO and Founder of ChainGPT, said that the tool allows…
Blockchain infrastructure firm Blockdaemon revealed that it will be expanding its presence in the United Arab Emirates with a new office and entity in Abu Dhabi. The company revealed that its expansion plans were greenlit under the local Registration Authority of Abu Dhabi Global Market (ADGM) in an announcement shared with Cointelegraph on May. 13….
United States crypto exchange Coinbase has suffered a “system-wide outage” rendering its services unusable for those looking to access the crypto exchange on desktop or mobile. Coinbase notified users of the outage on its official status page, sharing that a “major outage” began at 4:15 am UTC on May 14. Attempts to visit the website currently shows…
China’s digital currency project reportedly still has teething problems, with a report suggesting some state Chinese workers being paid in “e-CNY,” or digital yuan, seldom use it and have been converting it to physical cash. According to a May 13 report from South China Morning Post, some Chinese cities have begun paying state employees in the country’s…
Ripple CEO Brad Garlinghouse says it is “clear” that the United States government is “going after” stablecoin issuer Tether — which could have an unpredictable impact on the crypto markets. Garlinghouse said on a May 10 episode of the World Class podcast there would “100%” be another crypto-related black swan event such as the collapse and subsequent uncovering…
The lead artist behind the Bitcoin art community “Nurorealm” said it was a “dream come true” to inscribe their 3D art on an “epic sat” — which he won in a recent auction. “[The artwork is now inscribed on] one of the most valuable digital assets in existence and is the most valuable digital canvas…
Jenny Johnson, the CEO and President of Franklin Templeton, a financial firm with $1.6 trillion in assets under management, recently reiterated her pro-blockchain stance during an interview with Bloomberg anchor David Westland during the 27th Annual Milken Institute Global Conference in California. Among the hot topics discussed by the two, Johnson had plenty to say on the…
Bitcoin is replicating the same path as it did after the 2016 Bitcoin halving event, with one indicator signaling it may be nearing its local bottom and another indicating it reaching $350,000 during “the peak” of this cycle, according to crypto traders. “Bitcoin has repeated 2016 history perfectly, offering a downside wick below the bottom of…
The price of Telegram-linked Toncoin (TON) cryptocurrency has rebounded by approximately 50% month-to-date—including a 15% jump in the last 24 hours—to reach $7.10 on May 10, its highest level in three weeks. Toncoin has outperformed the broader crypto market, whose valuation has bounced by 15% in the same period. This performance indicates that, although Toncoin’s movements…