Europe’s digital ID wallet — Easy for users or a data privacy nightmare?

    European Union lawmakers are planning an EU-wide digital identity wallet for access to essential services. On March 15, the European Parliament voted 418 to 103 (with 24 abstentions) in favor of negotiating a mandate for talks with the European Union member states about revising the new European Digital Identity (eID) framework and creating the “European Digital Identity Wallet,” also…

    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…

    Marathon Digital posts quarterly record of 2,195 Bitcoin mined in Q1

    With a new quarterly production record, Marathon Digital is now on track to meet its mid-year target of 23 exahashes. Bitcoin mining firm Marathon Digital has reported a quarterly record of 2,195 BTC mined over the first quarter of 2023, currently worth around $62 million. Marathon reported in an April 3 update that the 2,195 mined BTC is…

    LayerZero raises $120M to expand cross-chain messaging efforts

    The new funds will be used to increase headcount and expand the cross-chain messaging protocol’s presence in the Asia-Pacific region. Cross-chain messaging protocol developer LayerZero Labs has raised another $120 million, according to an April 4 announcement. The company plans to use the capital to increase its headcount and expand its reach into the Asia-Pacific…

    Binance’s market share drops on CFTC suit and no-fee trading halt: Report

    Binance’s market dominance fell largely due to its decision to end zero-fee trading for some trading pairs and not the CFTCs lawsuit, says Kaiko. The dominance of cryptocurrency exchange Binance in trading volume market share has slipped over the past two weeks following a lawsuit from the United States commodities regulator and its decision to…

    Buterin weighs in on zk-EVMs’ impact on decentralization and security

    Vitalik Buterin has weighed the impacts of the addition of zk-EVMs at the protocol level, saying it could speed up the verification process on the base layer. Ethereum co-founder Vitalik Buterin wants to see zero-knowledge Ethereum Virtual Machines (zk-EVMs) built on Ethereum’s first layer to speed up the verification process on the base blockchain. Buterin…