DeSantis is right — CBDCs will lead to absolute government control

    From China to Canada, it’s clear that governments around the world are salivating at the prospect of introducing currencies they can manipulate hassle-free. Arguing over the prudence and implications of issuing a central bank digital currency (CBDC) in the United States has seemingly become one of Washington’s favorite icebreakers. As Congress considers the question, it is critical…

    Ethereum ‘re-staking’ protocol EigenLayer launches on testnet

    The re-staking collective aims to address Ethereum validator economic incentives. A new protocol that allows Ethereum validators and stakers to “re-stake” their assets onto other emerging networks has just launched on testnet. The mainnet launch of the EigenLayer protocol is not expected until Q3, however, and testing will be phased in three stages to onboard…

    Debunking the myth: Cryptocurrency is used for criminal activity

    The transparency of blockchain technology and the active involvement of crypto exchanges help law enforcement agencies combat criminal activity. Cryptocurrency is often associated with criminal activity, but this is mostly a myth, especially today. Bitcoin and other cryptocurrencies don’t provide complete anonymity due to the Know-Your-Customer (KYC) policies implemented by most crypto exchanges. Even without KYC…

    US Bitcoin reaches tentative settlement to reopen Niagara Falls mining facility

    After a lengthy legal tussle, the company will have to pay various fees and fines and take extensive noise control measures. Crypto miner US Bitcoin Corp has come to a tentative agreement with the City of Niagara Falls that will allow it to reopen its mining operation in the city, according to a local news…

    OpenAI needs a DAO to manage ChatGPT

    A decentralized autonomous organization could help solve concerns over issues including ChatGPT’s political biases and its potential for abuse. ChatGPT, a large language model that can converse with users, is one of OpenAI’s ground-breaking models. Although there are numerous advantages to this technology, some worry that it needs to be regulated in a way that…

    Arbitrum poses new governance proposals after community furor

    The Arbitrum Foundation has made a couple of new governance proposals following the fracas that occurred over its first attempt. The Arbitrum Foundation has released a raft of new improvement proposals following the fracas that ensued after its first failed attempt at governance. On April 5, Ethereum layer-2 solutions provider Arbitrum posted new Arbitrum Improvement…