Crypto News

The evolution of deepfake scams has reached new levels of sophistication with the integration of artificial intelligence (AI), making fraudulent schemes increasingly convincing and difficult to detect. A recent example involves a deepfake of U.S. President Donald Trump circulating on X, attempting to lure unsuspecting individuals into a cryptocurrency scam. AI-Generated Trump, Musk, and ButerinSource link

Ethereum developers launched a new test network, Hoodi, on Monday that will be used to carry out the blockchain's upcoming 'Pectra' upgrade.Pectra will go live on Hoodi on March 26, and if all goes well, the long-awaited upgrade will proceed to Etheruem's mainnet roughly 30 days later, according to the network's core developers.Hoodi was created following faulty Pectra tests on Ethereum’s other testnets, Holesky and Sepolia, which failed to finalize properly due to problems with how they were configured.Test networks like Holesky, Sepolia, and Hoodi aim to mimic the main Ethereum network — allowing developers the opportunity to test out code changes or major upgrades like Pectra in a low-stakes environment before deploying them to the mainnet.Originally, the Pectra upgrade...

Grassroots support for two bitcoin improvement proposals (BIP) appears to be emerging for Bitcoin’s next soft fork, centered around two candidates: BIPs 119 and 348.BIPs are the formal method for discussion of proposed changes to Bitcoin. Theoretically, if a BIP gains sufficient widespread support, it will be added to Bitcoin, by way of a soft fork or a routine update to Bitcoin Core. Often, these BIPs are referred to by nicknames and multiple proposals may be included in a soft fork. BIP 119 refers to OP_CHECKTEMPLATEVERIFY (CTV) while BIP 348 refers to OP_CHECKSIGFROMSTACK (CSFS).This article first appeared on Blockspace Media, the leading Bitcoin industry publication dedicated to covering Bitcoin tech, markets, mining, and ordinals. Get Blockspace articles directly in your...

A CoinShares analyst posited that more pain lies ahead, pointing to “a lot of resistance” since Bitcoin hit $77,000.Source link

The crypto exchange and blockchain infrastructure provider OKX has “temporarily halted” operations for its decentralized exchange (DEX) aggregation app, “OKX Web3.” This decision comes after the firm previously clarified it implemented safeguards to prevent Bybit hackers from exploiting its platform. OKX Clarifies Web3 Protocol Suspension Last week, OKX refuted allegations of scrutiny by European regulatorsSource link