Crypto firms push for SEC changes, crypto out of courts

Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018. 223 Total views 30 Total shares Gemini, a cryptocurrency trading platform founded by brothers Cameron and Tyler Winklevoss, is the latest industry firm to lay off a significant part of its staff…

Chainlink critics have reiterated concerns about the oracle network’s supposed centralization after a subtle adjustment to its multisig wallet. 281 Total views 2 Total shares Decentralized oracle network Chainlink has downplayed a recent change in the number of signers required on its multisig wallet — a move that garnered backlash on social media from vocal

A new cryptojacking malware has the ability to disable cloud-based security measures to avoid detection on Linux servers, research by information security company Palo Alto Networks Jan. 17 reveals.The malware in question mines Monero (XMR) and is reportedly a modified version of one used by the so-called “Rocke” group, originally discovered by cybersecurity firm Talos…

Polkadot’s ‘canary network’ has tripled in price this month, with Kusama having unveiled an ambitious plan to relay blockchain transactions from Mars. Polkadot’s (DOT) mainnet launch rally has seen many associated projects produce parabolic gains during August.Polkadot’s pseudo-test network or ‘canary chain’, Kusama (KSM), has been among the month’s strongest performers, rallying from less than…

For Vasily Shapovalov, the magnitude of the proof-of-stake transition could cause unforeseeable problems. 73 Total views 24 Total shares Crypto enthusiasts are finally getting some respite from the ongoing bear market as the price of Ethereum has increased 48% before the looming Merge upgrade that transitions the blockchain into one powered by proof-of-stake consensus. As…

The price of Bitcoin (BTC) is continuing to range between $56,000 and $60,000, as the so-called "Kimchi premium" is surging to yearly highs.Kimchi premium forms when Bitcoin is trading at a higher price in South Korea over other major markets like the United States.In 2017, the Kimchi premium surpassed 20%, causing Bitcoin to trade at…

It has been a profitable week, largely because I caught the big Bitcoin (BTC) move up from the local bottom. I closed a majority of my altcoin trades, some on tight stops and others at a decent profit. Overall, I’m very happy with the results, although as I mentioned last week, I failed to take profit…