Federal Agencies Join Forces in New Darknet and Cryptocurrency Task Force

In a crucial move to combat criminal activities both on the darknet and associated with cryptocurrencies, several U.S. federal enforcement agencies have joined forces to establish the Darknet Marketplace and Digital Currency Crimes Task Force. The announcement was made public on June 20, indicating an intensifying focus on crimes, including drug trafficking, money laundering, child…

Binance to Integrate Lightning Network for Faster Bitcoin Transactions

Binance, one of the world’s largest crypto exchanges, is seeking to make a major upgrade to its Bitcoin infrastructure. After developer and Taproot Wizard founder Udi Wertheimer reported finding “Binance nodes” on the Lightning Network on June 16, the exchange giant has now revealed its intention to integrate Lightning, a layer two scalability solution built…

What are Ethscriptions? Inscriptions on the Ethereum Blockchain, Explained

Bitcoin Ordinal Inscriptions have significantly impacted the Web3 space since the Ordinals protocol was introduced in January 2023. Millions upon millions of Inscriptions have been minted, inspiring established projects to expand from Ethereum and Solana to Bitcoin. Ordinals also seem to have inspired Ethscriptions — a recently launched (and quickly adopted) protocol that enables the…

Christie’s 3.0 Presents ‘Cartography of the Soul’ to Benefit Psychedelic Studies

Renowned auction house Christie’s is dipping its toes into the weird wide world of Web3 yet again with another NFT-focused auction. Titled Cartography of the Soul, the curated selection — in partnership with collectors hub 1OF1 — aims to support the Multidisciplinary Association for Psychedelic Studies (MAPS), a non-profit organization dedicated to researching and promoting…

Etherscan’s ChatGPT Feature Comes With a Caveat

Companies in the Web3 space are increasingly looking to incorporate artificial intelligence with blockchain-related technologies. On June 19, Etherscan, the popular Ethereum block explorer, took a significant step in that direction when it announced the integration of OpenAI’s ChatGPT into its suite of tools. The move is aimed at enhancing the understanding and interpretation of…

Upcoming Drops: June 19-25

Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s…

Machi Big Brother Files Defamation Suit Against ZachXBT

Today, well-known NFT trader and crypto figure Jeffrey Huang, who goes by the Web3 pseudonym Machi Big Brother, announced the filing of a lawsuit against on-chain internet sleuth ZachXBT. Huang accused the latter of “publishing and maliciously promoting an article that falsely presented [Huang] as a criminal that had embezzled millions of dollars of cryptocurrency…