Blockchain Enters ‘Trough of Disillusionment’ on Gartner’s Hype Scale

WazirX has filed an application with the Singapore High Court for a moratorium. The plan proposes to alloocate the impact from the cyberattack pro-rata across users. 01:06 $572 Million Lost to Hacks and Fraud in Q2 -Immunefi 00:57 Crypto Hacks Totaled $19B Since 2011: Crystal Intelligence 00:56 Over $67M in Crypto Lost to Hacks and

Volume of futures tracking meme coins continued to rise massively on Saturday as bets against non-serious tokens lost a cumulative $50 million in the past 24 hours, a sign of irrational exuberance.Data from Coinglass shows shorts, or bets against, on dogecoin, shiba inu, pepe, floki and bonk saw over $50 million in liquidations in the

Jun 19, 2020 at 20:44 UTCSource: CoinDesk Bitcoin Price IndexMarket Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi StrengthenBitcoin spot volume may have been low this week, but the real action in crypto has been in the options market and decentralized finance.  Bitcoin (BTC) was trading around $9,274 as of 20:00 UTC (4…

Oct 19, 2020 at 18:42 UTCUpdated Oct 19, 2020 at 19:17 UTCRiccardo Spagni, aka "Fluffypony"Cryptographers Are Always Going to Be ‘One Step Ahead’ of Regulators: Monero’s SpagniWhile regulators are trying to restrict privacy in crypto, their efforts may be futile, according to privacy-centric protocol Monero’s maintainer, Riccardo “Fluffypony” Spagni. “The U.S. Internal Revenue Service (IRS) wants…

NEWS Sep 24, 2018 at 20:20 UTC Walmart plans to sell leafy greens that are tracked using blockchain technology within the next year. In a press release published Monday, the world's largest retailer both by revenue and by employee count announced that it told its suppliers for leafy green produce to integrate a blockchain-based tracking system…

Michael J. Casey is the chairman of CoinDesk's advisory board and a senior advisor for blockchain research at MIT's Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. As anger has grown over the power wielded by internet gatekeepers such as Facebook and…

news Bitfinex and Tether have spent half a million dollars just on finding documents for the New York Attorney General’s (NYAG) office, a new letter by its lawyers says. In the letter filed with the New York Supreme Court Tuesday, attorneys Jason Weinstein and Charles Michael of Steptoe and Johnson LLP, and David Miller and…

The U.S. Securities and Exchange Commission (SEC) sued Silvergate Capital Corporation, the parent company to crypto-friendly Silvergate Bank, on Monday, alleging the bank did not meet Bank Secrecy Act/anti-money laundering regulations despite telling members of the public and shareholders that it did. The SEC also sued former CEO Alan Lane, former COO Kathleen Fraher and

Messaging app Telegram has endorsed the TON network as its blockchain network of choice for Web3 infrastructure, sending the TON token up some 7% in the past hour.Telegram began developing the TON blockchain 2018, abandoning the project in August 2020 following legal action from the U.S. Securities and Exchange Commission (SEC) alleging that it was