SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’

    United States Securities and Exchange Commission Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.” United States Securities and Exchange Commission Chair Gary Gensler has thrown his support behind U.S. President Joe Biden’s request to allocate a record $2.4 billion…

    Zero-knowledge proofs coming to Bitcoin, overhauling network state validation

    Zero-knowledge proofs have powered the development of Ethereum layer 2s, and now they’re coming to Bitcoin. Bitcoin users will soon be able to use zero-knowledge proofs (ZK-proofs) to expedite the process of verifying individual blocks and, eventually, the entire blockchain. ZeroSync Association, a Swiss-based nonprofit, is developing tooling which allows users to validate the state of…

    ‘Withdrawals are coming!’ — Ethereum devs confirm epoch for Shapella fork

    Shapella will take effect at epoch 194,048, which is scheduled for 10:27:35pm UTC on April 12. Ethereum validators will soon be able to withdraw their Ether from the Beacon Chain, with the Shapella hard fork set to be activated on the Ethereum mainnet on April 12. Shapella will take effect at epoch 194,048, which is scheduled…

    The government should fear AI, not crypto: Galaxy Digital CEO

    Galaxy Digital CEO Mike Novogratz believes regulators have got it “completely upside-down” on crypto vs AI regulation. Mike Novogratz, the CEO of digital asset investment firm Galaxy Digital told investors he is shocked over the amount of regulatory attention for crypto rather than artificial intelligence (AI), a technology he believes will trigger a “deep fake”…

    Scam alert: MetaMask warns users of deceptive March 31 airdrop rumors

    MetaMask posted a warning on its Twitter after coming across rumors of an upcoming MetaMask snapshot or airdrop on social media. Web3 wallet provider MetaMask has warned its users of “false rumors” of a purported MetaMask airdrop, which appears to have been making the rounds on social media. According to a March 28 tweet from…

    Breaking: Binance CEO CZ rejects allegations of market manipulation

    Changpeng ‘CZ’ Zhao has refuted claims made by the Commodities Futures and Trading Commission in its March 27 complaint against Binance. Binance CEO Changpeng “CZ” Zhao has rejected allegations from the Commodities Futures and Trading Commission, arguing that the crypto exchange “does not trade for profit or ‘manipulate’ the market under any circumstances.” In a March…