Solana Labs co-founder introduces BunkerCoin whitepaper

Solana Labs Co-Founder Anatoly Yakovenko has directed his community towards a new blockchain protocol called BunkerCoin. The announcement coincides with the release of the white paper for BunkerCoin, a blockchain protocol designed for environments with limited bandwidth, including compatibility with shortwave radio. The white paper, released today and titled “BunkerCoin: A Low Bandwidth, Shortwave Radio-Compatible Blockchain Protocol,” presents...

DefiLlama: Crypto hacks comprise $7.7b in losses since 2016

Crypto hacks have cost the digital asset industry billions of dollars, with experts advising additional attention and resources toward security measures. According to DefiLlama, all-time losses incurred from crypto hacks exceeded $7.7 billion as of April 1, despite a 23% decrease in incidents during the first quarter of 2024 compared to last year. Data revealed that decentralized finance...

Binance forces conversion of 15 tokens to USDT

Cryptocurrency exchange Binance will force the conversion of 15 tokens into USDT. The reasons for Binance’s decision are unclear at press time. According to today’s platform announcement, Binance will convert tokens into USDT based on users’ funds in their Binance wallets at midnight on April 21. However, users can withdraw the airdropped or delisted tokens until this time. After the specified time,...

Vitalik Buterin shares new proposal to build a fairer crypto economy

Vitalik Buterin thinks ‘degen communism’ can make the crypto economy fairer and promote a common good amidst the market’s inherent chaos. The term ‘Degen communism’ merges the adventurous spirit of “degen” culture, known for its high-risk, high-reward investment strategies, with a structured approach to ensure that the fallout from market volatility disproportionately harms none. Advocating for this...

Binance establishes 1st board of directors, yet to select HQ site

Binance has appointed a board of directors for the first time as regulatory crackdown intensifies. The newly formed board will be chaired by Gabriel Abed, previously Barbados’ ambassador to the United Arab Emirates. The board comprises seven members, including Binance CEO Richard Teng and other key executives such as Heina Chen, Jinkai He, and Lilai Wang, who were...

Australia poised for ‘inflection point’ of crypto demand — Kraken Aus MD

Kraken Australia's Managing Director Jonathon Miller said institutional crypto demand is lagging in Australia, but stablecoins and the right policy moves could help it catch up. Australia’s crypto industry is in a good spot to benefit from a global “inflection point” for crypto demand as long as its lawmakers make the right decisions, according to a...

Another firebomb incident

Third KK Super Mart outlet attacked, cops hunting for suspect KUCHING: Police here are hunting a suspect involved in hurling a Molotov cocktail at the KK Super Mart outlet in Jalan Satok here, making it the third such incident nationwide within a week. Kuching police chief Asst Comm Ahsmon Bajah confirmed that a report on the incident...

Malaysian rapper Namewee announces his ‘death’ on April Fool’s Day

Controversial Malaysian rapper-actor Namewee is believed to have faked his “death” on April Fool’s Day. Two minutes after midnight on April 1, a black-and-white photo of the 40-year-old was uploaded to social media with the phrase “1983 - 2024”. His Wikipedia page was also updated to say that he “died” on March 29. An “obituary” was posted...

Padu registrants can still update incomplete data, says Chief Statistician

KUALA LUMPUR: Those who have registered with the Central Database Hub (Padu) can update any incomplete information even though the registration deadline passed on Monday (April 1) Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said that the deadline for registering with Padu remained. "To those who have missed out some information, perhaps their identification (failed to...

When hot gets hotter: El Nino expected to turn up the heat in April and May, say experts

SINGAPORE (The Straits Times/ANN): Get ready to sizzle in April and May. Temperatures in the next two months – usually among the warmest months in the year – could be nudged up further due to lingering effects of the El Nino phenomenon that gripped Singapore from the second half of 2023, experts say. El Nino is a...