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ALT5 Sigma dismisses SEC probe rumors over $1.5B WLFI deal
ALT5 Sigma has rejected claims that the US Securities and Exchange Commission (SEC) is investigating the firm or venture capitalist Jon Isaac. The rumors stemmed from ALT5’s recent $1.5 billion transaction with World Liberty Financial (WLFI), a crypto initiative tied to the Trump family.
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Chinese Banks Ride the Cryptocurrency Wave in Hong Kong
China's banks show interest in collaborating with Hong Kong's crypto companies as the city aims to become a leading hub for digital assets. As we reported earlier, Hong Kong plans to legalize cryptocurrencies and related trading from June 1, 2023. 
"S.2122": A Visionary Artwork Reflecting on Climate Change
A new, thought-provoking piece of art titled "S.2122" made its debut at the prestigious Art Basel Hong Kong and has been acquired by the Deji Art Museum. The piece, created over the past year, is the latest addition to the 'kinetic sculpture' series, reminiscent of the HUMAN ONE project but taking on a more intricate 3D form. 
The Reason Behind the Shanghai Hard Fork in the Ethereum Network
If the event isn't postponed again, the Ethereum blockchain will undergo the Shanghai hard fork on April 12. This is a significant technical upgrade at the smart contract execution level that will change the conditions of work for validators and developers. 
Bitcoin: The Ultimate Weapon in the Digital Cold War?
According to a new MIT masters thesis by US Space Force Major Jason Lowery, Bitcoin is not just internet money, but a weapon that could be utilized in modern warfare. In a 400-page dissertation, Lowery claims that the proof-of-work consensus mechanism presents a shift in the way world powers could wage war. 
Community platform Towns raises $25.5 million in funding
It's impossible to imagine modern life without social media. However, Facebook, Instagram, and Twitter should not be complacent. In the midst of free speech restrictions and endless advertisements characteristic of Web2, Web3 startups are rapidly increasing Are Web3 Developers Fleeing the US?
The US is on track to lose a whopping 1 million Web3 developer jobs and millions of related non-technical jobs over the next seven years, all thanks to its love affair with "regulation by enforcement." A recent report from Electric Capital reveals the US's global share of web3 developers has plummeted from 40% to 29% in the past six years. 
Vitalik's Blog Unveils Ethereum Verification Solutions
Ethereum, the decentralized smart contracting platform behind DeFi and NFTs, is currently facing an issue with transaction verification. In a recent blog post, Ethereum co-founder Vitalik Buterin acknowledged that verifying transactions on the mainnet is challenging, causing difficulty for users to run their own nodes and instead rely on third-party services. BloombergGPT Sparks Talk of "Next Wave" of Corporate AI
Financial media giant Bloomberg recently revealed its new artificial intelligence (AI) model, BloombergGPT, with the goal of unlocking innovative ways to use data within the company's terminal. The announcement has stirred up excitement and predictions about the future of corporate AI. Elon Musk-inspired LunarCrush Sends $1.7M Bitcoin Bounty to Moon
In an audacious move inspired by Elon Musk's space exploration ambitions, cryptocurrency firm LunarCrush has revealed its plan to send a private key to a crypto wallet containing 62 Bitcoins, worth a staggering $1.7 million, to the moon aboard a SpaceX rocket in fall 2023. 
Seoul Court Rejects Terraform Labs Co-Founder's Detention Request
A recent development in Seoul has seen the court decline a request for an arrest warrant targeting Daniel Shin, Terraform Labs' co-founder, who is currently under scrutiny for purportedly securing illegal profits before the company's cryptocurrencies, TerraUSD and Luna, experienced a dramatic decline last year. 
Six Steps to the Gallows: Binance Faces Potential Consequences
Securities and Exchange Commission (SEC) fines and restrictions have become commonplace for cryptocurrency companies. It is important to note, however, that Binance's situation differs from the general trend. A different regulatory body, the Commodity Futures Trading Commission (CFTC), is suing the company. 
UK Targets Crypto Crooks with New Economic Crime Plan
The UK Treasury and Home Office are flexing their muscles against crypto money launderers and fraudsters, unveiling a three-year Economic Crime Plan. The government aims to protect consumers, boost the economy, and make the UK a magnet for crypto innovation. 
Coinbase to Launch Inflation-Proof Stablecoins
Coinbase has released a list of ideas for developers that it's eager to fund and implement within its advanced Base ecosystem fund. One of the most interesting ideas is the creation of "flatcoins," or more specifically, stablecoins pegged to inflation levels. Never miss any of the latest cryptocurrency news, in-depth crypto market analysis, and breaking updates on blockchain technology. From Bitcoin price trends to emerging NFT projects and DeFi developments, GNcrypto has everything to keep you informed and ahead. Stay informed and ready to seize the next big opportunity in the crypto world!