Deloitte, Chainalysis alliance to give law enforcement a crypto edge

    Big Four accounting firm Deloitte said the partnership could help authorities identify and take down bad actors hiding “behind the keyboard.” Professional services giant Deloitte is set to boost its clients’ blockchain-tracking capabilities following a strategic alliance with crypto analytics firm Chainalysis. Announced during a Chainalysis conference in Washington DC on July 25, the tie-up…

    Worldcoin launch raises eyebrows as WLD price notches a double-digit gain

    Worldcoin price soared to $3.58 shortly after launching but traders and crypto advocates have many concerns. Worldcoin (WLD), the native token of the “privacy-preserving digital identity (World ID)” project founded by OpenAI co-founder Sam Altman, soared after listing on major crypto exchanges on July 24. At the time of writing, WLD trades at $2.22, reflecting…

    Worldcoin launches token to distinguish humans from bots

    The project provides a decentralized and private way to verify human identity online amid the rise of artificial intelligence technologies. Worldcoin, a project partly created by OpenAI CEO Sam Altman, launched the project’s ecosystem token on July 24. The project has continuously split opinions from within the crypto space to Silicon Valley, with some praising…

    Alphapo hot wallets hacked for over $31 million

    The funds have been reportedly taken on the Ethereum blockchain. The number of Bitcoins stolen remains uncertain. Crypto payment platform Alphapo had at least $31 million drained from its hot wallets on Ether, TRON, and Bitcoin, security experts reported on July 22. Since the number of Bitcoins stolen is uncertain, the figures may be even…

    What is the difference between DApps and protocols?

    Discover the contrasting functions of DApps and protocols in the blockchain world, and gain insights into how they contribute to the growth of decentralized technologies. In recent years, the rise of blockchain technology has paved the way for groundbreaking innovations in the realm of decentralized systems. Among the revolutionary concepts are decentralized applications (DApps) and protocols. While…

    Solana records 1 outage in first half of 2023, 100% uptime in Q2

    The Solana network is seeing steady improvements in performance and reliability as outages become more infrequent. Layer-1 blockchain network Solana has shown an improvement in reliability and uptime so far this year only having one outage in 2023, according to a report from the Solana Foundation. On July 20, the Solana Foundation released its latest…