Crypto veterans call out DOJ for targeting Roger Ver a decade after he left US
A majority of the crypto community criticized the US government for its indictment against Ver, and a few users called it a part of the larger anti-crypto stance of the Biden administration.
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Thai authorities arrest five in 3,200-victim, $27M crypto scam
Victims lost over $27 million worth of Thai bhat after investing in a fraudulent cryptocurrency investment platform. 348 Total views 4 Total shares Authorities in Thailand arrested five foreign nationals linked with a fraudulent cryptocurrency investment platform that fleeced over $27 million from local investors.According to an initial report from the Bangkok Post, Thailand’s Cyber
Expert: Facebook’s Libra Could Face Difficulties Entering Thai Market
Facebook’s long-awaited stablecoin Libra could face a difficult roll out in Thailand due to the coin’s uncertain legal status in the country, an expert told the Bangkok Post on July 9.Fiscal Policy Office legal officer Sumaporn Manason argued that Libra will likely run up against difficulties entering Thailand as the cryptocurrency does not fall under…
Ethereum dominates among developers but competitors growing faster
The Ethereum ecosystem still has far more developers than rival networks, but they are catching up with a faster rate of growth.Ethereum competitors such as Polkadot, Solana, and Binance Smart Chain are growing faster in terms of development activity according to crypto research firm Electric Capital which released its findings on the blockchain development ecosystem…
CFTC commissioner compares crypto contagion risk to 2008 financial crisis
The commissioner warnes that vulnerabilities seen within the crypto markets are similar to those seen during the global financial crisis and calls for the agency to be given additional authority. 194 Total views 3 Total shares Commodity Futures Trading Commission’s (CFTC) Christy Goldsmith Romero has pointed to the collapse of the Terra ecosystem and its…
6 Questions for Rob Viglione of Horizen
Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!This week our 6 Questions go to Rob Viglione, co-founder of Horizen.Rob is the team lead at Horizen, a blockchain platform that aims to…
Hacker Spends $1K to Win Over $110K in EOS Betting Game Using REX
A hacker spent $1,000 in EOS to steal more than $110,000 in cryptocurrency through an exploit of EOS gambling game EOSPlay.Biggest DeFi service EOS REX usedAn alleged bug in EOSPlay allowed the attacker to steal 30,000 EOS via using EOS REX, a major decentralized financial (DeFi) service enabling EOS lending in exchange for extra CPU…
El Salvador's pro-Bitcoin President Nayib Bukele sworn in for second term
El Salvador's pro-Bitcoin President Nayib Bukele began a new five-year term, with the crypto industry applauding his leadership as he positions the country as a "world leader."
Why the battle for low or no transaction fees really matters
During the frenzied bull run, transaction fees were running rampant. Over on the Ethereum blockchain, they hit eye-watering highs of $196.638 back in May — rendering the network unusable for most everyday consumers.The Bitcoin blockchain suffered from a similar issue the year before, accelerating to a record-breaking $300.331. When demand is high, it's easy for…