Cash App creator Bob Lee is killed in San Francisco

Bob Lee is killed

Bob Lee, the chief product officer of MobileCoin and the creator of Cash App, was fatally stabbed in San Francisco early Tuesday, according to both the cryptocurrency platform and police. The San Francisco Police Department responded to a report of a stabbing on Main Street at 2:35 a.m. Tuesday and found a 43-year-old man suffering … Read more

The Key to Unlocking Mass Adoption of Cryptocurrencies: User-Friendly Wallets

Mass Adoption of Cryptocurrencies

Cryptocurrencies have the potential to revolutionize the way people view money by offering benefits such as accessibility, decentralization, and privacy. Due to their foundation in blockchain technology, people can buy and use cryptocurrencies without intermediaries, making it easier for individuals without bank accounts or in countries with frozen bank accounts to achieve financial freedom. Furthermore, … Read more

Arbitrum Foundation Introduces New Governance Proposals Following Community Backlash [2023]

The Arbitrum Foundation, a provider of Ethereum layer-2 solutions, has released new improvement proposals for the governance of its network. These proposals come after a failed first attempt at governance. The new proposals, called Arbitrum Improvement Proposals (AIPs), were posted on April 5th and include AIP-1.1 and AIP-1.2. AIP-1.1 covers a smart contract lockup schedule, … Read more

Analyst Asserts Bitcoin’s Resilience in the Face of Regulatory Scrutiny

Analyst Asserts Bitcoin's Resilience in the Face of Regulatory Scrutiny

According to Bloomberg’s senior commodity strategist, Mike McGlone, Bitcoin is not affected by regulatory pressures in the cryptocurrency industry and people who don’t have exposure to cryptocurrency are making a mistake. He believes that Bitcoin is different from other cryptocurrencies like Ether because it is more decentralized, which means it cannot be easily eliminated by … Read more

Joining the Ethereum ERC-4337 network as a “Bundler”: A challenging task

A new decentralized layer, called ERC-4337 or “smart accounts,” has been added to Ethereum to enable the creation of supercharged Ethereum wallets without relying on centralized components. These wallets rely on a distributed network of “Bundlers” and “Paymasters.” While smart contract wallets already exist, they are dependent on centralized components, which ERC-4337 eliminates. However, infrastructure … Read more

Gala Games has entered into a partnership with Huobi for the development of L1 and Web3 [2023]

Huobi Global, a popular cryptocurrency exchange, has partnered with Gala Games, a blockchain-based play-to-earn gaming platform, in a move to boost the Web3 ecosystem. The two companies will work together to invest in and list projects within the Gala ecosystem, with a focus on enhancing the underlying on-chain technology. Gala Games is known for enabling … Read more