On August 29, the Zakura team introduced an open set of cryptographic and protocol libraries for the Zcash ecosystem. According to the developers, Zakura Common can reduce the preparation time for private transactions in a wallet from over three seconds to less than 200 ms in certain scenarios. Introducing Zakura Common. We just shipped 14x […]
The Bank of Russia announced the launch of the digital ruble. Starting September 1, major banks and retail companies will open infrastructure for transactions with this new form of national currency. Citizens will have the option to open an account on the central bank’s platform through connected bank applications. Individuals or companies will have only […]
Bitcoin slipped to $78,000 after the Fed chief’s remarks, StarkWare executed the first quantum‑resistant transaction on the Bitcoin network, the Solana community backed cutting SOL inflation, and other highlights from the week. Bitcoin rebounds above $78,000 Throughout the week, the first cryptocurrency tried to test $81,000. On Binance, the price briefly reached $81,354. Hourly BTC/USD […]
The head of the Bank for International Settlements (BIS), Pablo Hernández de Cos, stated that stablecoins do not currently appear to be a reliable means of payment on an economy-wide scale, according to Reuters. BIS believes that tokenized bank deposits should form the foundation of the digital financial system. Stablecoins Not Suited for Mass Payments […]
On August 29, the Fogo L1 blockchain team halted the mainnet and initiated a network upgrade after an unknown party obtained 400 million FOGO tokens, representing over 10% of the current circulating supply. In the last hour the Fogo Mainnet has been temporarily halted as a precautionary measure following the detection of unauthorized activity. The […]
Sony Music Publishing and Warner Chappell Music have accused Anthropic of extensive copyright infringement in training its AI models, Claude. The publishers are seeking up to $150,000 for each unlawfully used musical work, according to Music Business Worldwide. Music Publishers vs. Claude The lawsuit was filed in the U.S. District Court for the Northern District […]
Cosmos Labs has acknowledged mistakenly underestimating the severity of a vulnerability in the Cosmos EVM module. This oversight led to attacks on six blockchains, resulting in total damages of $5.7 million. Between August 20th and August 25th, attackers exploited a vulnerability in Cosmos EVM to extract funds from multiple Cosmos-based blockchains. We are committed to […]
On August 28, OpenAI announced its intention to cease direct provision of its AI models to the Cursor editor. The proposed termination date is November 12, 2026, although the final deadline has not yet been agreed upon by the parties. We’re ending our partnership with Cursor following its acquisition by SpaceX. Under our proposal, Cursor’s […]
Following a speech by the Chairman of the U.S. Federal Reserve (Fed) Kevin Warsh, the price of the leading cryptocurrency dropped from a local high of $81,455 to $76,877. At the time of writing, the asset is trading around $77,700. Hourly chart of BTC/USDT on Binance. Source: TradingView. Ethereum’s price corrected by 2.1% to $2400. […]
Meta has started testing robots to perform technical tasks in its data centers. The machines connect and replace cables, restart servers, and maintain equipment, according to WIRED, citing current and former company employees. For these experiments, Meta is using equipment from Watney Robotics, Kinova, and ABB. Specifically, Meta is testing the Kinova Gen3 robotic arm […]