Tag: Web3
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Sui Mainnet Resumes Operations After Nearly Six-Hour Disruption Caused by Gas Logic Bug
The Sui blockchain successfully brought its mainnet back online on May 29, following an extensive outage that lasted approximately 5 hours and 55 minutes. The network grind to a halt due to a critical bug discovered in the gas charging logic within its latest software release, version 1.72. This flaw in the mechanism responsible for…
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Bank of England spotlights Chainlink oracles in DLT report
A groundbreaking report released on May 12 by the Bank of England and the BIS Innovation Hub London Centre, titled the DLT Innovation Challenge 2025 Final Report, has cast a spotlight on the critical role of distributed ledger technology (DLT) in the future of wholesale payments and settlement. While the report examines the broader potential…
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Lighter Integrates with Insilico Terminal to Bolster Order-Book Trading for Systematic Traders
Lighter, an Ethereum-based zk-rollup layer 2 solution purpose-built for order-book trading, has announced a significant integration with Insilico Terminal, a sophisticated execution management system. This strategic partnership aims to attract systematic traders and address a noticeable decline in order-book depth observed in the period following Lighter’s initial launch. The move signifies Lighter’s commitment to enhancing…
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Circle Bets on an AI-Powered Economic Future with Arc Blockchain
Circle, the company renowned for issuing the world’s second-largest stablecoin, is embarking on an ambitious expansion beyond its established financial infrastructure. The firm is now positioning itself to build the fundamental "financial plumbing" for a future where artificial intelligence agents autonomously execute transactions without the need for human oversight. This vision is encapsulated in Arc,…
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Jamie Dimon Ignites Regulatory Firestorm with Scathing Critique of Clarity Act and Coinbase CEO Brian Armstrong
JPMorgan Chase CEO Jamie Dimon delivered an uncharacteristically blunt assessment of the proposed Clarity Act and Coinbase CEO Brian Armstrong in a recent interview with Fox Business on Friday, igniting a fresh wave of debate in the contentious battle over cryptocurrency regulation in the United States. Dimon’s fiery remarks underscore the deep chasm separating traditional…
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Circle’s Arc Blockchain Unveils Comprehensive Quantum Computing Defense Roadmap
Circle, a prominent financial technology firm, has unveiled a detailed whitepaper outlining its strategic approach to safeguarding its upcoming Arc blockchain against the emerging threat of quantum computing. This ambitious roadmap, spanning a four-phase implementation, is designed to transition the network towards post-quantum cryptography, ensuring its long-term security and resilience in an era where current…
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Crypto.com teams with Fanatics for exclusive Champions League final relic card giveaway
The intersection of elite sports, digital assets, and traditional collectibles is set to reach a new zenith at the 2026 UEFA Champions League Final in Budapest. Crypto.com, the prominent Singapore-based digital asset exchange and official global crypto partner of the UEFA Champions League, has announced a groundbreaking collaboration with Fanatics Collectibles, the powerhouse trading card…
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Global Financial Titans Weigh In on Crypto’s Evolution, AI’s Trillion-Dollar Ascent, and Shifting Investment Paradigms
This week witnessed a confluence of significant pronouncements from the bastions of traditional finance and the vanguard of technological innovation, underscoring a pivotal moment in the ongoing integration of digital assets into the global economic fabric and the accelerating race in artificial intelligence. From a prominent architect of the modern New York Stock Exchange lauding…
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Intercontinental Exchange CEO Highlights Hyperliquid’s Dominance Over NASDAQ in Decentralized Finance
The financial world is abuzz following a surprising declaration from Jeff Sprecher, the chief executive officer of Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE). Speaking at the prestigious Bernstein 42nd Annual Strategic Decisions Conference on May 27th, Sprecher asserted that a decentralized cryptocurrency exchange named Hyperliquid, powered by a…
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ProAct: Shanghai Jiao Tong University and Tencent Unveil Proactive AI Agent Anticipating User Needs
Researchers from Shanghai Jiao Tong University, in collaboration with Chinese technology conglomerate Tencent, have announced the development of an innovative artificial intelligence (AI) agent named ProAct. This groundbreaking system distinguishes itself from conventional AI agents by leveraging the traditionally idle periods between user interactions to proactively predict future queries and prepare responses, thereby significantly enhancing…
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