Coinbase-backed Base to improve decentralization with fault proofs

Gary Davis was sentenced to 6.5 years in prison for helping manage the now-defunct darknet marketplace Silk Road.The 31-year-old Irish man, who was extradited to the United States, had served as Silk Road forum moderator between May and June 2013 before working as a site administrator between June 2013 and Oct. 2, 2013, according to…

The lawsuit alleges Greenidge circumvented state laws by seeking regulatory approval "through two separate but interdependent approval applications." 3451 Total views 17 Total shares Several organizations have filed a lawsuit against the town of Torrey, New York for approving a plan to expand a Bitcoin mining facility near one of the Finger Lakes.In court documents…

Litecoin (LTC) has just experienced an event that happens once in four years: the second halving. On Aug. 5, 2019, Litecoin rewards for producing a block were halved from 25 LTC to 12.5 LTC. At a speed of 2.5 minutes per block produced, halvings occurs every 840,000 blocks.Ahead of the event, Cointelegraph discussed the features…

After raising over $250 million from firms like SoftBank last year, Brazil’s 2TM Group is expanding into Europe. 805 Total views 35 Total shares Brazilian 2TM Group, the operator of Latin America’s largest cryptocurrency exchange, Mercado Bitcoin, is moving to expand its global footprint with a strategic acquisition in Portugal.The company officially announced Wednesday the…

Investment firms Invesco and Galaxy Digital allegedly filed for a spot Ethereum ETF with the U.S. SEC on Sept. 29. 172 Total views 2 Total shares Asset managers keep pursuing digital asset products, with Invesco and Galaxy Digital allegedly filing for a spot Ether (ETH) exchange-traded fund (ETF) on Sept. 29. Bloomberg ETF analyst James Seyffart

Rock bottom interest rates and fiscal stimulus has driven momentum in the crypto sector the Fidelity executive said. 2154 Total views 12 Total shares Executives at investment giant Fidelity are confident that cryptocurrency market momentum will continue for the foreseeable future.Speaking to MarketWatch on April 8, Tom Jessop who heads the investment firm’s crypto division…

The alleged ringleader of a Ponzi scheme that solicited $35 million for crypto mining and other investments has been arrested after attempting to flee FBI agents using a “sea scooter.” Matthew Piercey, the accused operator of two fraudulent firms that solicited tens of million to ostensibly invest in cryptocurrency mining, life insurance, and other assets,…

Survey finds a lack of knowledge among the general public may be the biggest hurdle to mainstream crypto adoption. 990 Total views 39 Total shares A survey published by peer-to-peer Bitcoin (BTC) marketplace, Paxful, has found that Americans with a working knowledge of cryptocurrency believe that the largest barrier to mainstream crypto adoption is a…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekStock-to-flow creator doesn’t think Bitcoin’s bull market is doneBitcoin’s price seems to…