In the tumultuous landscape of blockchain security, the BNB Chain network has demonstrated a noteworthy achievement, witnessing an 85% reduction in financial losses stemming from security breaches. According to a report from AvengerDAO, the losses dwindled from $1.11 billion in 2022 to a markedly lower $161 million in the past year.

On December 6, Dogecoin (DOGE) celebrated a significant milestone, marking its tenth anniversary. Commemorating this occasion, the meme-inspired cryptocurrency surged to its highest point of the year, hitting the mark at $0.102.

A collective spearheaded by industry giants IBM and Meta has unveiled the establishment of the AI Alliance, a collaborative initiative aimed at advancing the field of artificial intelligence. Comprising over 50 leading technology companies, including AMD, Dell Technologies, Red Hat, Sony Group, Hugging Face, Stability AI, Oracle, and the Linux Foundation, the alliance also boasts the inclusion of several esteemed universities, colleges, and scientific institutions.

The SuperDAO team announced the closure of the project

Legal representatives of Joseph Bankman and Barbara Fried, the parents of ex-CEO Sam Bankman-Fried (SBF) of FTX, have contested the claims made by the exchange against their clients. The legal team, consisting of lawyers Sean Hecker and Michael Tremonte, issued statements in response to the allegations made by FTX.

Trust Machines, a project operating within the Bitcoin network, has introduced its flagship Leather wallet following the acquisition and rebranding of Hiro Wallet. This wallet is designed to serve as a bridge connecting the Bitcoin blockchain with various second-layer (L2) solutions.

In the second quarter of 2023, Block (formerly Square), the payment company, recorded substantial growth in its bitcoin sales through the Cash App. The company reported generating $2.39 billion in bitcoin sales during this period, resulting in a gross profit of $44 million.

Binance Labs, the venture capital arm of the leading cryptocurrency exchange Binance, has made a significant investment in Radiant Capital's Lending Protocol. The investment amounts to $10 million, marking a strong endorsement of the promising lending platform.

Billionaire entrepreneur Mark Cuban recently shared his belief that the US Securities and Exchange Commission (SEC) could have protected American customers from potential losses on FTX if it adopted a regulatory approach similar to that of Japan. In a tweet, Cuban highlighted the fact that when FTX faced difficulties, customers of FTX Japan did not suffer any financial losses.