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Amazon’s AWS powers some of the world’s leading crypto exchanges with high-throughput cloud infrastructure for crypto trading, presenting a central point of vulnerability. Update April 15, 9:17 am in UTC: This article has been updated with information throughout. Binance, KuCoin, MEXC and other exchanges and wallet providers have been experiencing service issues due to a…
A CryptoPunk NFT investor sold at a $10 million loss as top NFT collections struggle to recover from their 2021 highs amid falling trading volumes. An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market. A whale, or large…
Charles Hoskinson says crypto must adopt cooperative tokenomics to compete with tech giants as US regulation opens the door to Apple, Amazon and others. The next generation of cryptocurrency projects must embrace a more collaborative approach to compete with major centralized tech companies entering the Web3 space, according to Cardano founder Charles Hoskinson. Speaking at…
Despite billions in investment, Web3 gaming has failed to capture mainstream attention or solve gaming’s core issues — instead recreating the same problems it aimed to fix. Opinion by: Daryl Xu, co-founder and CEO, NPC Labs While gaming has been on a steady decline since the end of COVID-19 lockdowns, 2024 hit the industry especially…
The convergence of blockchain and AI is not optional but essential for creating a secure, transparent and decentralized foundation for autonomous agent economies. Opinion by: Merav Ozair, PhD Tech moguls cannot stop heralding the artificial intelligence revolution — from Bill Gates to Sundar Pichai to Jensen Huang — signaling that agentic AI and robotics will…
“AI should belong to the community, not controlled by closed-source corporations,” Sentient’s co-founder told Cointelegraph. Sentient, an artificial intelligence development platform backed by Peter Thiel’s Founders Fund, has released an open-source AI search framework that it says outperforms leading closed-source competitors. The company announced the public release of Open Deep Search (ODS) on April 2,…
Innovative solutions like selective disclosure and dual-asset systems can balance data protection with regulatory compliance, paving the way for widespread adoption and innovation in Web3. Opinion by: Eran Barak, CEO at Midnight It’s been almost 16 years since blockchain emerged from its esoteric fringes to enter global discourse, evidenced most recently by continued backing from…
As Web3 grows, its metadata problem intensifies, risking a global data security crisis. Can anonymity networks and new technologies protect users from AI-powered surveillance? Opinion by: Casey Ford, PhD, researcher at Nym Technologies Web3 rolled in on the wave of decentralization. Decentralized applications (DApps) grew by 74% in 2024 and individual wallets by 485%, with…
As a young immigrant in Brooklyn, Mo Shaikh often pondered over his father’s taxi earnings. His father would say he made $100, but Shaikh couldn’t understand why only $60 made it home. (The rest, he learned, went to intermediaries.) This early experience sparked his curiosity about financial systems, but also their shortcomings and the need…
Critics often overlook the inconvenient fact that “decentralized” blockchains in fact depend on centralized points of failure that have the potential to corrupt entire ecosystems. One of the laziest and most frustrating criticisms of digital currencies — particularly Bitcoin (BTC) — is when pundits liken it to a pyramid scheme dependent on the “greater fool”…