University of Toronto Starts an XRP Validator in New Partnership With Ripple

“Canada, and Toronto in particular, is home to some of the most prestigious business and technical schools in the world and has become a global technology hub,” Miltenburg said. “Ripple continues to expand its presence in the region to support the next generation of crypto, blockchain and Web3 leaders through strategic partnerships and funding for these universities,” he added. Source

Blockchain Staking Provider Chorus One Expands to Urbit With New Hosting Service ‘Red Horizon’

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Tether CTO clarifies $1B USDT mint on Ethereum is for chain swaps

Tether minted a fresh batch of $1 billion worth of its Tether (USDT) stablecoin on the Ethereum blockchain on June 12. The latest billion-dollar mint for the stablecoin issuer comes within two months of its last mint on April 21. Tether’s chief technology officer Paolo Ardoino took to Twitter to clarify that the latest USDT mint is part of what the firm calls an “inventory replenish” on the Ethereum network. The latest issuance, however, won’t impact the overall market cap of USDT since the latest minting is an “authorized but not issued…

Reddit Communities to Go Private in Protest against Proposed API Changes

In a group statement, the moderators of the thousands of subreddits participating in the protest stated that the potential impact of these changes goes beyond the inconvenience caused to users who prefer third-party apps. In a remarkable show of solidarity, numerous Reddit communities have united to take collective action against an imminent change that threatens users’ ability to freely access APIs and tools. Starting today to June 14, these communities, which include popular crypto subreddits, will temporarily go private or switch to read-only mode to voice their strong opposition and…

unveiling BitBoy Crypto’s recent scandals

BitBoy Crypto, a.k.a Ben Armstrong, saw his Twitter account hacked, leading to an unusual anti-SEC token promotion spree. This event sheds light on Armstrong’s tumultuous past, swirling with scams, controversies, and accusations, which have profoundly punctuated his public persona. Let’s take a deep dive into the saga of Armstrong’s crypto adventures and misadventures. In the early hours of June 11, an uninvited guest infiltrated BitBoy’s Twitter sanctum. With a following surpassing 1 million, Armstrong is more than just another crypto enthusiast. He is a notable figure in the crypto ecosystem…

Bitcoin to fight against European challenges — Northern Lightning founder

The Bitcoin (BTC) community in Europe continues to be a voice to combat vexing social problems affecting the continent, according to podcast host Eric Dale. The CEO of Northern Lightning conferences, which hosts a number of Bitcoin events across Europe, believes the continent’s Bitcoin community is fostering ideals that will be crucial to address ongoing conflict situations and social issues. Cointelegraph’s Joe Hall alongside Northern Lightning founder Eric Dale at BTC Prague. Speaking to Cointelegraph journalist Joe Hall during BTC Prague in Czech Republic, Dale highlighted Bitcoin’s unique position to…

Sturdy Finance Hit in Fresh Exploit, Loses Over $800,000

DeFi hacks have gone through the roof in recent times and many will argue that the DeFi ecosystem has proven time and again that it is indeed an exploiter’s paradise. Decentralized finance (DeFi) protocol Sturdy Finance is the latest victim in a long list of DeFi hacks. The Sturdy Finance platform has reportedly lost 442 ETH (worth a little above $800,000 as of publication), to a daring security exploit. Blockchain security firm PeckShield was the first to notice what appeared to be a price manipulation by the attacker before it…

OpenAI CEO Sam Altman Unveils Optimism about Global Coordination on AI

OpenAI CEO Sam Altman expresses his positive outlook on the prospects of global AI coordination, emphasizing the need for collaboration and cooperation among nations. Sam Altman, the CEO of the trendy OpenAI chatbot, ChatGPT, in a series of recent interviews, has shared his optimism regarding the global coordination of artificial intelligence (AI) efforts. Serving as the prominent representative of this innovative startup, supported by the influential Microsoft Corp, the CEO has embarked on a captivating expedition, seizing opportunities to leverage the growing interest in generative AI and shape the regulations…