John Crawford

John Crawford

BOJ Tests Blockchain for Bank Reserve Settlement

The Bank of Japan will conduct technical experiments using blockchain technology to settle deposits held at the central bank by financial institutions, according to BOJ Governor Kazuo Ueda.  In a speech posted Tuesday titled “The New Financial Ecosystem and the Role of Central Banks,” Ueda said a sandbox project is underway to test settlement using

BitMEX Co-Founder Ben Delo Pledges $27M to London Maths Institute

BitMEX co-founder Ben Delo pledged 20 million British pounds ($27 million) to the London Institute for Mathematical Sciences (LIMS), ranking among the largest private donations ever made to a United Kingdom research institution outside Oxford and Cambridge, British magazine Times Higher Education reported on Tuesday. The commitment includes $13.3 million upfront and $13.3 million to

Bitcoin Nearing Bottom as Four-Year Halving Cycle Ends

​The price of Bitcoin is close to its bottom, according to VanEck CEO Jan van Eck, pointing to the winding down of the four-year cycle. Speaking with CNBC on Monday, van Eck said his firm expects Bitcoin (BTC) to gradually start picking up this year, arguing that the four-year halving cycle has been the primary

Core Scientific Q4 Earnings Miss Moves Shares Lower

Core Scientific missed revenue expectations in the fourth quarter as Bitcoin miners were squeezed by lower prices and higher costs. Shares in Core Scientific moved lower on Monday after the Bitcoin miner and artificial intelligence compute provider’s fourth-quarter earnings missed analyst expectations amid a late-year drop in crypto markets. Core Scientific reported Q4 revenues of

Bitcoin Rebound Tactical Not Structural Bear Market: Analysts

Bitcoin’s recent price behavior could indicate that crypto selling pressure has begun to wane — though analysts warn there are not yet signs of a reversal from a bear market. “Bitcoin failed to accelerate lower on risk-off headlines, a signal that downside pressure may be losing momentum,” said 10x Research in a market update on

Crypto Professionals in the Firing Line as ClickFix Scam Spreads

Crypto hackers attempting to use “ClickFix” attacks to steal crypto have now turned to impersonating venture capital firms and hijacking browser extensions in their two most recent attacks.  According to a report by cybersecurity firm Moonlock Lab on Monday, scammers are using fake venture capital firms such as SolidBit, MegaBit and Lumax Capital. The hackers

Nasdaq Joins Wall Street Push For Prediction Markets

One of Nasdaq’s options exchanges, Nasdaq MRX, has filed to offer cash-settled, binary-style contracts on the Nasdaq-100 Index, adding to a wave of Wall Street firms testing the prediction market waters.  Nasdaq, the firm behind the second-largest stock exchange by market capitalization, is looking to offer “Outcome Related Options” for yes-or-no bets, priced between 1

OpenZeppelin says EVMbench’s Dataset Contains Training Data Leaks

Blockchain security firm OpenZeppelin says it has found methodological flaws and data contamination in its audit of OpenAI’s new artificial intelligence benchmark for blockchain security, EVMbench.   EVMbench was launched in partnership with crypto investment firm Paradigm in mid-February. It was built to evaluate how well different artificial intelligence models can identify, patch, and exploit smart

US Senate Bill Seeks to Ban the Fed From Issuing a CBDC

An amendment has been proposed to the Federal Reserve Act to ban the US central bank from issuing a central bank digital currency (CBDC) until 2030.  The language appears near the end of the 300-page “21st Century ROAD to Housing Act” (HR 6644), released by the Senate Committee on Banking, Housing, and Urban Affairs on

Judge Hands Win to Uniswap in Class Action Over Scams

Uniswap Labs and founder Hayden Adams have won a class action lawsuit that sought to hold them liable for scam cryptocurrencies traded on its platform, ending a four-year legal saga. Manhattan federal judge Katherine Polk Failla dismissed a suit against Uniswap on Monday with prejudice, saying the class group can’t hold Uniswap liable for the
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