Day: June 8, 2023

Cumberland Labs unveils SaaS API for public blockchains and DeFi protocols

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Cumberland Labs, the incubator arm of Chicago-based crypto trading company Cumberland has launched the beta version of a new API tool that could simplify the arduous task of connecting to blockchain and decentralized finance protocols. Cumberland Labs told Cointelegraph that the Cumberland, the trading unit of DRW Holdings LCC used to invest considerable time connecting to various protocols manually, and one at a time. The firm couldn’t find a tool to simplify these tasks and ultimately created its own API service, expand.network using its own developers and engineers from its…

Binance.US pauses OTC trading, removes numerous trading pairs

In a move to streamline its buy, sell & convert service, Binance.US has announced a reduction in the number of supported convert trading pairs, bringing the total to 226.  The announcement came amid the complaint filed by the U.S. Securities and Exchange Commission (SEC) on June 5. Responding to the complaint On June 7 Binance.US released a statement announcing the removal of several trading pairs, many of which are popular tokens. The new policyis set to go into effect on Thursday, June 8. However, users can still utilize buy, sell & convert…

Arbitrum Temporarily Stopped Processing Due to Software Bug

The software bug “created network stress caused by the large backlog of transactions which hadn’t been posted on-chain,” wrote Arbitrum Foundation’s community lead, who goes by the username “eli_defi,” on Discord. “A solution has already been deployed earlier today, and everything has been operating as it should.” Source

ICO warns of “real danger” of discrimination in new technologies that monitor the brain

Neurotech poses major risk of being biased if not developed and used correctly Neurodivergent people particularly at risk of discrimination ICO is set to develop guidance for developers of neurotech The Information Commissioner’s Office (ICO) is warning that newly emerging neurotechnologies risk discriminating against people if those groups are not put at the heart of their development. The regulator predicts that the use of technology to monitor neurodata, the information coming directly from the brain and nervous system, will become widespread over the next decade. Neurotech is already used in…