Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy. MakerDAO, one of the early pioneers of decentralized finance, has sparked criticism over its decision to block virtual private network (VPN) users from accessing its recently launched lending platform, Spark Protocol. At the time…

The recently introduced Tether BTC mining software’s primary aim is to enhance the efficient management of mining capacity. Tether developers are set to release innovative JavaScript libraries created to facilitate the transmission of commands and signals to Bitcoin mining hardware, including WhatsMiner, AvalonMiner and Antminer. In a post shared on X (formerly Twitter) by Paolo Ardoino, the chief technology…

Adam Back has joined a growing roster of market commentators who are bullish on the price of Bitcoin ahead of next year’s halving event. Blockstream CEO Adam Back, one of the crypto’s early pioneers, is pretty confident Bitcoin will hit an all-time high of over $100,000 before Bitcoin’s halving in 2024 — and is willing to…

The crypto asset manager looked at the leading U.S. presidential candidates’ positions and did not see a partisan divide. The next president of the United States is likely to favor a central bank digital currency (CBDC), crypto asset manager Grayscale stated in a post on its website, as the current frontrunners in both political parties…

The attacker started returning stolen funds after accepting nearly $7 million in bug bounty. Funds had been returned to Alchemix and JPEGd. Lending platform Alchemix has announced the return of all stolen funds by the Curve finance hacker. The attack took place on July 30 and resulted in over $61 million in cryptocurrencies drained, including…

The world’s supposed first room-temperature ambient pressure superconductor already has a memecoin. Last month, a team of South Korean scientists claimed to have engineered a superconducting material, dubbed LK-99, that works under ambient temperature and pressure. In layman’s terms, the team allegedly created a material allowing electrical currents to flow without resistance or energy loss. Previously, such…

Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The $47 million Curve Finance exploit on July 30…

The Coinbase earnings report shows that services and subscriptions are the exchange’s core revenue streams. Is this a positive or a negative? Coinbase, a leading U.S. cryptocurrency exchange, shared its second-quarter results on Aug. 3. Despite showing a net loss, some positives emerged, like a 13% cut in operating expenses from the last quarter and…

Polygon Zero has accused Matter Labs of copying significant code from its Plonky2 library to zkSync, a rival Ethereum layer-2 scaling solution. Polygon’s zero-knowledge scaling arm, Polygon Zero, is accusing developers of Matter Labs of copy-pasting “a substantial amount of source code” from its Plonky2 library, according to an announcement on Aug. 3. The allegedly plagiarized code was…

The AI metaverse company raised $54 million in a Series A round in July. Shara Senderoff and Aaron McDonald, co-founders of artificial intelligence and metaverse company Futureverse, have launched a new $50 million venture fund and studio. According to an Aug. 3 announcement, the fund is dubbed “Born Ready” and will invest in emerging technology ventures possessing…