Description The crypto space is massive, filled with promises of quick success and exponential gains. But for every coin that moon-shots, there are countless others that fade away. And for every pioneer who becomes an overnight millionaire and dips, there are countless others who persist, innovate, and push forward, seeking real, lasting impact. Edward Felten of … Read more The crypto space is massive, filled with promises of quick success and exponential gains. But for every coin that moon-shots, there are countless others that fade away. And for every pioneer who becomes an overnight millionaire and dips, there are countless others who persist, innovate, and push forward, seeking real, lasting impact. Edward Felten of Arbitrum, is one of those pioneers. In an enlightening exclusive interview with Cryptopolitan, Felten dove deep, revealing some juicy details about his journey with Arbitrum right from the beginning up until now. Here is how it goes… Contents hide 1 From classroom to mainnet 2 Beyond the tech 3 Persistence, Not Just Tokens 4 In retrospect From classroom to mainnet It’s not every day that a…

TL;DR Breakdown Brian Armstrong, the CEO of Coinbase, expressed his views on AI and why it should not be regulated. According to him, regulation will hinder the industry’s growth. Armstrong asks that the same grace extended to the Internet should be extended to the newer innovative industries. On second thought, Armstrong pushes for AI decentralization “Let the cat out of the bag.” The Co-founders of open AI called for international regulation focused on inspecting systems, compliance tests, and audits to reduce the risks the technology could pose. Description Brian Armstrong, the CEO of the crypto exchange Coinbase, expressed his views on Artificial Intelligence on his X platform (Formerly Twitter). He stated that AI should not be regulated as the space needs to develop as soon as possible. He added that national security is among the reasons why innovation and competition should be incentivized … Read more Brian Armstrong, the CEO of the crypto exchange Coinbase, expressed his views on Artificial Intelligence on his X platform (Formerly Twitter). He stated that AI should not be regulated as the space needs to…

TL;DR Breakdown Arkham reports have it that Coinbase controls 5% (947755 BTC out of the 19493537 BTC in circulation), and it is worth $25 billion Satoshi Nakamoto, the Bitcoin founder, was known to hold the largest Bitcoin wallet with about 1.1 million Bitcoin. Now more than ever, the community seems split between storing crypto on exchanges and cold wallets. Description Arkham on-chain data platform has identified that Coinbase controls 5% of the total Bitcoin supply. The Blockchain Intelligence platform determined that the exchange holds Bitcoin worth $25 billion in its wallets.  The exchange is said to own 947755 BTC out of the 19493537 BTC in circulation. This makes Coinbase the largest Bitcoin holder on the … Read more Arkham on-chain data platform has identified that Coinbase controls 5% of the total Bitcoin supply. The Blockchain Intelligence platform determined that the exchange holds Bitcoin worth $25 billion in its wallets.  The exchange is said to own 947755 BTC out of the 19493537 BTC in circulation. This makes Coinbase the largest Bitcoin holder on the platform; the total BTC owned by the…

TL;DR Breakdown Coinbase receives official recognition from the Bank of Spain as a Bitcoin exchange and custodial wallet provider. With the approval, Coinbase can now serve individual and enterprise customers in Spain, offering a range of crypto services. The MiCA regulation in the European Union provides much-needed clarity for the crypto industry, signaling positive legislative support. Description Coinbase, the renowned crypto exchange, has achieved a significant milestone in its global expansion. The Bank of Spain officially recognized and approved Coinbase as a cryptocurrency exchange and custodial wallet provider. This move is a part of Coinbase’s ambitious “Go Broad, Go Deep” strategy for international growth, specifically targeting Phase II in Spain. Moreover, on … Read more Coinbase, the renowned crypto exchange, has achieved a significant milestone in its global expansion. The Bank of Spain officially recognized and approved Coinbase as a cryptocurrency exchange and custodial wallet provider. This move is a part of Coinbase’s ambitious “Go Broad, Go Deep” strategy for international growth, specifically targeting Phase II in Spain. Moreover, on September 23rd, Coinbase shared this development through a blog post….

TL;DR Breakdown OpenSea has reportedly suffered a compromise in its API. The breach presents a significant security risk, potentially allowing unauthorized requests on behalf of OpenSea users. The platform has yet to address community concerns publicly, and the incident reflects a similar situation with Nansen. Description OpenSea, the renowned multi-blockchain NFT marketplace, has reportedly experienced a compromise in its API, attributed to a breach by an unidentified third-party vendor. This incident has raised substantial security concerns, prompting urgent notifications to platform users. OpenSea is a pivotal player in the NFT marketplace, facilitating transactions across multiple blockchains. However, on September 23, 2023, … Read more OpenSea, the renowned multi-blockchain NFT marketplace, has reportedly experienced a compromise in its API, attributed to a breach by an unidentified third-party vendor. This incident has raised substantial security concerns, prompting urgent notifications to platform users. OpenSea is a pivotal player in the NFT marketplace, facilitating transactions across multiple blockchains. However, on September 23, 2023, a wave of users unveiled messages they allegedly received from the platform, indicating a security incident. The notifications highlighted a breach…

TL;DR Breakdown Brett Harrison, CEO of Architect and ex-president of FTX US, is cautiously optimistic about US consensus on digital asset legislation. Harrison discussed the challenges regulators face in the digital asset domain. Harrison believes no single US agency should dominate crypto policy due to its multifaceted nature. Description Brett Harrison, the founder and CEO of Architect and former president of FTX US, has expressed cautious optimism regarding the potential for US politicians and regulators to reach a consensus on effective and equitable legislation for digital assets. Speaking at a panel discussion at the Mainnet conference in New York on Thursday, Harrison emphasized the … Read more Brett Harrison, the founder and CEO of Architect and former president of FTX US, has expressed cautious optimism regarding the potential for US politicians and regulators to reach a consensus on effective and equitable legislation for digital assets. Speaking at a panel discussion at the Mainnet conference in New York on Thursday, Harrison emphasized the complexities regulators face in the evolving digital asset landscape. Harrison, who established Architect this year, highlighted the challenges…

TL;DR Breakdown Architect financial technology has earned an NFA license to serve as an introductory broker. Targeting the crypto and traditional derivatives markets. Description Architect Financial Technologies, a startup founded by former FTX US president Brett Harrison, is making significant moves in the world of financial derivatives. This expansion comes as its subsidiary, Architect Financial Derivatives, receives approval from the National Futures Association (NFA) to operate as an independent introducing broker. The company’s ambitions extend beyond just cryptocurrency derivatives, … Read more Architect Financial Technologies, a startup founded by former FTX US president Brett Harrison, is making significant moves in the world of financial derivatives. This expansion comes as its subsidiary, Architect Financial Derivatives, receives approval from the National Futures Association (NFA) to operate as an independent introducing broker. The company’s ambitions extend beyond just cryptocurrency derivatives, as it aims to make its mark in both the digital and traditional financial markets. Architect cleared to act as a brokerage platform An introducing broker, as defined by the NFA, is a member organization that solicits or accepts orders to buy or…

TL;DR Breakdown Gucci’s Milan Fashion Show has made its debut in the metaverse The digital evolution continues for the fashion brand. Description Gucci’s newly appointed creative director, Sabato de Sarno, made his highly anticipated runway debut at Milan Fashion Week, unveiling the luxury brand’s “Ancora” collection. This momentous event didn’t just stay in the physical world; Gucci has ventured into the metaverse, creating a digital recreation of the fashion show accessible across multiple platforms. The “Ancora” collection, … Read more Gucci’s newly appointed creative director, Sabato de Sarno, made his highly anticipated runway debut at Milan Fashion Week, unveiling the luxury brand’s “Ancora” collection. This momentous event didn’t just stay in the physical world; Gucci has ventured into the metaverse, creating a digital recreation of the fashion show accessible across multiple platforms. The “Ancora” collection, which translates to “yet” or “even now,” according to the designer, is not just about fashion; it’s a narrative celebrating the joy of life, passion, humanity, and inclusivity. Gucci’s Ancora makes its metaverse appearance Gucci has consciously designed this collection to welcome everyone, ensuring that…

TL;DR Breakdown Popular game engine maker Unity has reversed its decision to charge developers a runtime fee. Industry response and lingering concerns in the gaming community. Description Unity, the popular game engine maker, recently faced backlash from game developers over its revised Unity Runtime Fee policies. In response to the uproar on social media, Unity Create President Marc Whitten issued an apology and made significant revisions to the fee structure. The initial announcement of the new runtime fee model caused concern among … Read more Unity, the popular game engine maker, recently faced backlash from game developers over its revised Unity Runtime Fee policies. In response to the uproar on social media, Unity Create President Marc Whitten issued an apology and made significant revisions to the fee structure. The initial announcement of the new runtime fee model caused concern among smaller game developers who questioned its impact on their profitability. Unity reverses per-install basis charges Under the original plan, developers would be charged on a per-install basis once they reached specific revenue thresholds. In the wake of the criticism, Whitten…

TL;DR Breakdown Weekly crypto price analysis reveals major coins have been trading in sideways reaction for the past week. Bitcoin (BTC) has been hovering around $26,500 for most of the days in the past weeks. Ethereum price analysis has successfully broken below the 1,600 level for the past few days. Description Following recent weekly lows, Bitcoin and prominent alternative cryptocurrencies are observing a slight retraction, suggesting that investors might be capitalizing on the decline. In a recent assembly on September 20, the Federal Reserve chose against elevating interest rates. However, a prolonged period of elevated rates might be on the horizon. Jerome Powell, the Fed’s Chair, … Read more Following recent weekly lows, Bitcoin and prominent alternative cryptocurrencies are observing a slight retraction, suggesting that investors might be capitalizing on the decline. In a recent assembly on September 20, the Federal Reserve chose against elevating interest rates. However, a prolonged period of elevated rates might be on the horizon. Jerome Powell, the Fed’s Chair, underscored in the subsequent media briefing that achieving a consistent 2% inflation rate remains a distant…