Market Analysis

Tornado Cash Sanctions To Stay: US Judge Denies Appeal

August 21, 2023 0

A United States Federal Court has dismissed the appeal of several Tornado Cash users who were attempting to lift sanctions on the cryptocurrency mixer. “Plaintiffs contend that smart contracts are not property because they are […]

AI Wars: US Plans to Restrict Chip Exports to China
Politics

UK and Saudi Governments Scramble to Secure AI GPU Supply

August 20, 2023 0

Governments around the world are scrambling to sure up supplies of graphics processing units (GPUs) needed for AI development and processing. With the most sought-after chips in short supply, countries including the United Kingdom, Saudi […]

Base Transaction Volume Briefly Tops Optimism and Arbitrum Despite Scams
Market Analysis

Base Transaction Volume Briefly Flips Other L2 Networks

August 20, 2023 0

Coinbase’s Layer-2 network Base is already competing with the top Layer-2 networks as its daily transaction volume recently surpassed Optimism and Arbitrum. Onchain data from the block explorers of the networks show that Base recently hit 617,330 […]

Market Analysis

Binance BNB Price Falls to Yearly Low

August 20, 2023 0

The impact of the recent crypto market crash is still reverberating in the industry, with Binance’s Coin (BNB) falling to its lowest value in over a year. Market observers speculated that Binance prevented the coin’s […]