Day: August 9, 2023

Billionaire Rubenstein calls Bitcoin mainstream adoption inevitable

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Renowned billionaire investor David Rubenstein reiterates his belief in the long-term viability of Bitcoin, citing the substantial institutional interest. In an interview with Bloomberg Television, Rubenstein highlighted the “enormous interest” in a currency that offers privacy and security against governmental surveillance. Rubenstein, the co-founder of The Carlyle Group, expressed his regret for not entering the Bitcoin (BTC) market earlier. He emphasized that even if authorities discourage individuals from engaging with cryptocurrencies, the inherent desire for private…

Is fully decentralized blockchain gaming even possible? – Cointelegraph Magazine

Despite promises of “decentralization” and “trustless ownership,” the vast majority of crypto games today are, at best, partially decentralized. Web3 is the branding, but in reality, most are “Web2+.” Game assets live on-chain, yet the game logic, state and storage remain off-chain on centralized servers. Why? Simply put, it’s not easy to build a fully decentralized game on-chain. Blockchains in 2023 are still far too slow for processing the gargantuan number of transactions that video games require. Lattice CEO Ludens tells Cryptox: “Building a fully on-chain game right now is…

Decentralized Exchange PancakeSwap Launches on Arbitrum Layer-2 Blockchain in Expansion Drive

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DFINITY Foundation (ICP) Joins Blockchain Security Alliance

The DFINITY Foundation, the ICP token issuer, a leading contributor to the Internet Computer blockchain, has announced its membership in the Blockchain Security Alliance, a collaborative initiative aimed at enhancing the security of the global blockchain ecosystem. The announcement was made on August 9, 2023. The Blockchain Security Alliance, launched by Beosin and SUSS NiFT, consists of various entities from diverse industry backgrounds, including university institutions, blockchain security companies, industry associations, and fintech service providers. The alliance’s first batch of board members includes Beosin, SUSS NiFT, NUS AIDF, BAS, FOMO…

EOS Foundation urges creditors to reject $22M Block.one settlement

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Amid the approaching deadline for opting out of the current $22-million settlement with Block.one (B1), the EOS Network Foundation (ENF) has called on plaintiffs to drop the lawsuit. The ENF took to X (formerly Twitter) on Aug. 8 to encourage plaintiffs to reject the $22-million settlement from Block.one, the firm that was the original seller of EOS (EOS) in a $4-billion initial coin offering (ICO) in 2018. The ENF argued that the existing settlement “does not adequately compensate” community members for losses caused by Block.one’s “misrepresentations and bad acts.” The…

Microsoft and Aptos Labs Bridge AI and Blockchain With New Partnership

“This is a collaboration from day one,” they said. “Aptos Labs’ team of AI experts, PhDs and Web3 developers are working directly with Microsoft’s AI team to train models, integrate AI technology into the Aptos Assistant and Github elements integrating with Aptos’ blockchain, and determine the best resources for developers and casual visitors who want to learn more about building on Aptos – or ask questions about the Aptos ecosystem, more broadly.” Source AptosBlockchainBridgeLabsMicrosoftPartnership CryptoX Portal

ICO statement in response to reports of a data breach at the Police Service of Northern Ireland

John Edwards, the Information Commissioner, said: “People have the right to expect that their personal information is kept safe and not disclosed when it shouldn’t be. This incident raises serious concerns as it shows how even the smallest of human errors can have major consequences. “We recognise the potential impact on the people and families affected by this breach, and we expect appropriate action to be taken by the Police Service of Northern Ireland as a matter of urgency. “The incident demonstrates just how important it is to have robust…

ICO statement on the Police Service of Northern Ireland incident

John Edwards, the Information Commissioner, said: “People have the right to expect that their personal information is kept safe and not disclosed when it shouldn’t be. This incident raises serious concerns as it shows how even the smallest of human errors can have major consequences. “We recognise the potential impact on the people and families affected by this breach, and we expect appropriate action to be taken by the Police Service of Northern Ireland as a matter of urgency. “The incident demonstrates just how important it is to have robust…