The US and UK authorities have intensified their crackdown on entities associated with financing terrorism through cryptocurrencies following the October 7th attacks on Israel. This week, the US Treasury’s Office of Foreign Assets Control (OFAC) and the UK’s Office of Foreign Sanctions Implementation (OFSI) imposed new sanctions on two individuals and three entities. The sanctions are linked to their alleged involvement in fundraising for Hamas, the Palestinian Sunni Islamist political entity.

A recent advancement in cryptographic research has stirred significant concerns regarding the security of Bitcoin (BTC) and other digital assets reliant on the SHA-256 algorithm. The issue gained traction after a tweet from OneKey, a provider of crypto wallet solutions, went viral, posing the question “SHA-256 Collisions Breakthrough: Is Crypto Rekt?” alongside an image from an academic presentation.

In a bold move to redefine the boundaries of smartphone AI, Google has announced plans to expand its cutting-edge artificial intelligence capabilities to its latest flagship device, the Pixel 8. Despite facing challenges posed by RAM constraints, Google is determined to elevate the Pixel 8’s performance to new heights.

In a groundbreaking discovery, security researchers have identified potential vulnerabilities within the widely-used ChatGPT platform, raising concerns about the security and privacy of users worldwide.

Despite the prevailing bear market conditions, Turkish investors are displaying remarkable resilience in their pursuit of cryptocurrencies, highlighting a steadfast belief in the digital asset class. While global markets witness fluctuations and uncertainty, Turkey stands out as a nation where interest in cryptocurrencies continues to thrive, showcasing a robust demand that persists despite challenges.

Consensys, a prominent hub for blockchain technology, has submitted proposals to the U.S. Securities and Exchange Commission (SEC) with friendly initiatives. However, the firm’s proposal emphasizes the robust security systems entrenched in the Ethereum blockchain, notably the Proof of Stake (PoS) technique. The SEC receives numerous comments and requests regarding Ethereum ETF applications.

Solana’s native cryptocurrency SOL has been on a continuous upward trajectory over the past three days, rising from approximately $180 to surpass $210. However, a subsequent pullback occurred, causing the price to dip below the $200 mark. As of the time of writing, the SOL coin price has settled at $197. The question arises: Can SOL coin attain a new all-time high from this point onward?

In a promising turn of events for the crypto industry, reports indicate a significant decline in hacking-related losses during the first quarter of the year. According to data compiled by leading cybersecurity firms, losses incurred due to hacking activities within the crypto space have decreased by 23% compared to the previous quarter.

In a groundbreaking move for the Web3 development ecosystem, Mirror World, a prominent platform for decentralized applications (dApps), has unveiled its inaugural gaming rollup chain on the Solana blockchain network. This milestone marks a significant leap forward in the convergence of blockchain technology and gaming, promising enhanced scalability, interoperability, and user experience.

So, it has finally occurred. Sam Bankman-Fried, known by many as a dubious character, has been handed a prison sentence of 25 years. While some may argue it’s not enough, it’s a significant development nonetheless. The entire cryptocurrency community has been abuzz with a sense of relief and vindication over the past twenty-four hours. This event led me to ponder another figure in the crypto realm whom the U.S. legal system has its sights set on – Changpeng “CZ” Zhao.