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” MakerDAO launches $5M legal defense fund “ According to a new social post on Feb. 1, Maker decentralized autonomous organization, or MakerDAO, has approved the creation of a new fund dedicated to expenses related to legal defense. MakerDAO is the issuer of the DAI United States dollar stablecoin. As told by developers, Maker will…
” Web3 could seize on the decades-old software-as-a-service business model “ In the era of services like Netflix, Dropbox or Amazon Prime, it’s quite easy to forget about the times when customers were getting in line to acquire boxed digital products, like software or entertainment media, with one-time purchases. The age of annual fees started…
” How to improve your coding skills using ChatGPT “ As a language model, ChatGPT is primarily used for natural language processing tasks such as text generation and language understanding. While it can be used to generate code samples, it’s not designed to help improve coding skills. However, here are a few ways ChatGPT can be…
” Binance delves into decentralized Web3 storage with BNB Greenfield “ BNB Chain, a blockchain platform launched by crypto exchange Binance, revealed interest in building a blockchain-based Web3 infrastructure in its new BNB Greenfield white paper. The white paper explains it as a decentralized storage infrastructure within BNB Chain, which allows users and decentralized applications…
” Tether CTO denies borrowing from bankrupt lender Celsius “ Tether (USDT) — the world’s largest stablecoin by market capitalization — has never received any loan from the bankrupt cryptocurrency lender Celsius, according to the chief technology officer. Paolo Ardoino, CTO at Tether and Bitfinex crypto exchange, took to Twitter on Jan. 31 to announce…
” Celsius publishes list of users eligible to withdraw majority of assets “ Bankrupt cryptocurrency lending firm Celsius had come up with a withdrawal process for users who had their crypto in its custody when it stopped withdrawals in June 2022. Celsius released an official update on upcoming withdrawals on Jan. 31, providing the list of users…
” Toyota to explore blockchain use cases via DAO hackathon “ Automotive giant Toyota is delving deeper into blockchain use cases through its involvement with a Web3 hackathon for decentralized autonomous organization (DAO) developers. On Feb. 1, multi-chain smart contract and decentralized application (dApp) network Astar announced its inaugural Web3 hackathon. The news of note,…
” Decentralized Twitter alternative goes live on Apple’s App Store “ Damus, a so-called “Twitter killer” built on a decentralized network has been approved on the Apple App Store. The Damus team confirmed the approval to its 11,500 Twitter followers on Jan. 31, following what it claims was at least three rejections from the Big…
” Crypto-friendly bank ends loans backed by crypto mining rigs “ The holding company for the crypto-friendly bank, BankProv, has revealed it’s no longer providing loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans primarily secured by them throughout 2022. According to a Jan. 31 filing with the United States Securities…
” ‘Categorically false’ — Attorney denies bids for Celsius assets were rejected “ The counsel representing Celsius’ official creditor committee has denied assertions that the bids for Celsius’ crypto assets have been rejected. During a Jan. 31 Twitter Space “town hall” following the examiner’s report on Celsius, attorneys from White & Case LLP including Gregory…