Mike Sires, a military veteran from Dublin, Ohio, has developed AuthLN, a proof-of-work authentication protocol that aims to reduce cybercrime by introducing a financial cost to unauthorized login attempts. Drawing on his experience with Bitcoin and inspiration from Jason Lowery’s “Softwar” thesis, Sires seeks to make cyberattacks unprofitable by leveraging the Bitcoin Lightning Network. Sires The post The Bitcoin SoftWar begins as Lowery highlights veteran’s PoW security solution making hacks unprofitable appeared first on CryptoSlate.

Donald Trump and his team have released information on the pending launch of World Liberty Financial, a new DeFi project built on the Aave tech stack. Following a 2-hour X (formerly Twitter) Space last night, the team confirmed the initiative aims to transform the traditional financial system by leveraging blockchain technology. It focuses on tokenizing The post World Liberty Financial could spark swift SEC stance change on crypto if Trump wins appeared first on CryptoSlate.

The US Securities and Exchange Commission (SEC) has filed an amended complaint against Binance in the District of Columbia, introducing procedural updates and legal modifications to its original filing. The amendment, approved this morning, includes a motion under Federal Rule of Civil Procedure 15(a)(2), accompanied by a memorandum explaining the reasons for the changes, a The post The SEC ‘regrets confusion’ it may have invited stating some tokens are securities appeared first on CryptoSlate.

OpenAI has released a new series of AI models called OpenAI o1, designed to enhance reasoning capabilities for solving complex problems. The o1-preview and o1-mini models aim to spend more time thinking through problems before generating responses, potentially benefiting fields like science, coding, and mathematics. As OpenAI reported, these models learn to refine their thinking The post OpenAI launches next gen LLM model o1 using reasoning tokens to plan outputs appeared first on CryptoSlate.

Bitcoin mining executives from top firms gathered at the HC Wainwright Bitcoin Mining Panel on Sept. 10 to discuss industry trends, challenges, and the future of Bitcoin. The panel, moderated by Anthony Scaramucci of SkyBridge Capital, featured CEOs from prominent mining companies, including Bit Digital, Bitfarms, CleanSpark, Core Scientific, and Marathon Digital Holdings. The executives The post Bitcoin mining CEOs agree on $250k price target for 2028 halving appeared first on CryptoSlate.