Last week in the world of decentralizedWith normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... finance (DeFi), developers behind Base and Optimism protocols announced a joint agreement for revenue-sharing and governance-sharing. Coinbase, the parent company of Base, also outlined its commitment to neutrality to prevent centralization. Additionally, the Multichain hack investigation revealed new evidence, Shiba Inu’s Shibarium L2 network is preparing for a public relaunch, and Quantstamp introduced a new tool to detect flash loan attack vulnera…

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The Hong Kong Monetary Authority (HKMA) released a report on its study Project Evergreen, which explored the impact of bond tokenization on the market. The study highlighted the potential of distributed ledger technology (DLT) to improve real capital market transactions within the existing legal framework in Hong Kong. By leveraging DLT, bond tokenization offers benefits such as efficiency, liquidity, and transparency in the bond market. It enables paperless transactions, eliminates the need for physical certificates, allows interaction on a common DLT platform, and enhances transparency through real-time data synchronization. However, the report also acknowledges that tokenization of bonds is still in its early stages and faces challenges that need to be overcome. It emphasizes the importance of connecting different tokenization solutions and conventional systems to avoid fragmentation, as well as the need to fine-tune legal and regulatory regimes to support technology adoption. This report aligns with Hong Kong’s efforts to position itself as a hub for crypto and decentralizedWith normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... finance activities.

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Academics are divided over a research paper that suggests that ChatGPT, a large language model, exhibits a significant political bias towards the left side of the political spectrum. The study claims that ChatGPT’s output contains errors and biases that could mislead readers and perpetuate political biases presented by traditional media. The researchers conducted robustness tests to address potential confounding factors and alternative explanations, concluding that ChatGPT leans towards Democrats in the US, Lula in Brazil, and the Labour Party in the UK. However, critics argue that the method used may not capture the nuances of political ideology and that the questions posed may be biased or leading.

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A whale in the cryptocurrency market took advantage of the recent dip in the value of PEPE tokens and made a significant purchase. With concerns about developer manipulation and adjustments to a multisig wallet, the value of PEPE dropped by approximately 15%. The whale spent 320 EthereumEther (ETH) is used to pay for computation and token swaps on Ethereum. Users "fuel" smart contracts and DApps with ETH. (valued at $529,000) to acquire 640 billion PEPE tokens, following previous transactions of 500 billion PEPE for 280 EthereumEther (ETH) is used to pay for computation and token swaps on Ethereum. Users "fuel" smart contracts and DApps with ETH. and 164 billion PEPE for 253 EthereumEther (ETH) is used to pay for computation and token swaps on Ethereum. Users "fuel" smart contracts and DApps with ETH.. This move highlights the potential opportunities presented by market fluctuations and the significance of developer actions in the crypto space.

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Bitcoin is likely to remain rangebound until at least Q4 2023, according to market analyst Filbfilb. He predicts that miners and smart money investors will play a crucial role in driving up the price before the halving. Based on historical patterns, he expects supply to be constricted and new money to be driven by speculation in Q4. However, macroeconomic factors, such as the Federal Reserve’s interest rate decisions, could also impact Bitcoin’s price trajectory. If conditions remain favorable, Filbfilb believes Bitcoin could convincingly break $30,000 before the end of 2023.

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