Apple’s Vision Pro headset reveal swaps metaverse for ‘spatial computing’
    06 Jun 2023
    2,430 Views

    The tech giant finally dropped details of its new pricey mixed-reality headset during the Worldwide Developers Conference, though it made no mention of the word “metaverse.” Apple’s newly revealed mixed-reality headset, the Apple Vision Pro, has both turned tech-enthusiast heads and raised eyebrows after its unveiling at the WWDC on June 5. There was however,…

    US Congressmen blame crypto firms for ‘tax gap’ in letter to Treasury
    06 Jun 2023
    492 Views

    In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Congressmen Sherman and Lynch raised concerns about the tax compliance practices in crypto. Members of the United States Congress — Brad Sherman and Stephen Lynch — have penned a letter to the heads of the Treasury and the Internal Revenue Service…

    Bitcoin Ordinals rolls out upgrade to rectify ‘Cursed Inscriptions’ issue
    05 Jun 2023
    478 Views

    Previously unrecognized Ordinals inscriptions will be indexed by the protocol following the upgrade, which will allow them to be traded. Developers behind the Bitcoin Ordinals protocol have rolled out a new upgrade that aims to cure over 71,000 invalid or “cursed” inscriptions — allowing them to be traded. “Cursed inscriptions” was the name given to…

    Atomic Wallet hack losses top $35M, on-chain sleuth reports
    05 Jun 2023
    426 Views

    Security teams are investigating the cause of the attack. Reports have surfaced of tokens being lost, transaction data being erased, and even entire crypto portfolios destroyed. At least $35 million worth of crypto assets has been stolen from Atomic Wallet users since June 2, according to an analysis from on-chain sleuth ZachXBT. The five largest losses account…

    Cryptocurrency markets’ low volatility: A curse or an opportunity?
    05 Jun 2023
    624 Views

    The cryptocurrency market has been experiencing low volatility for the past two months, but does that mean investors should just sit and wait? Cryptocurrency markets are well-known for their volatility, where large price swings help investors create or lose fortunes. Yet there are often periods of relative stability where the tight price action bores some…

    FTX debtors object to Genesis’ ‘critical’ claims estimate of ‘$0.00’
    04 Jun 2023
    463 Views

    The FTX debtors alleged that the claim was filed “without any advance notice,” and they were not invited to participate in the mediation. Just a month after bankrupt cryptocurrency exchange FTX sought $4 billion from the also bankrupt crypto lender Genesis, it is now contesting a claim that it is entitled to nothing. According to a…