Ethereum at 9: Industry leaders reflect on the ecosystem
As Ethereum celebrates its ninth anniversary, we reflect on its transformative journey and share nine key insights from leading executives.
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Mining Giant Bitmain May Lay Off Another 50% of Staff Before BTC Halving
Cryptocurrency mining giant Bitmain reportedly has plans to reduce its workforce by another fifty percent.On Dec. 2, Chinese news media outlet Wushuo Blockchain reported that Bitcoin (BTC) mining rig maker Bitmain has launched a “personnel optimization plan” that will layoff a significant portion of its employees before the next BTC halving, which is expected in…
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Polymarket users complain of mysterious Google login wallet attacks
The attacker used a “proxy” function to swipe victims’ USDC balances, but only a small number of Google login users have been affected.
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Fair crypto laws ‘possible’ in the US but needs ‘a lot of work’ — Crypto Council advisor
Crypto Council for Innovation advisor Sean Lee said more education is needed for policymakers and financial regulators. 385 Total views 8 Total shares Own this piece of history Collect this article as an NFTThere are still industry executives that remain hopeful the United States will develop laws to treat crypto fairly, however, an advisory to…
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Crypto miner in Texas shuts down 99% of operations as winter storm approaches
"We are taking proactive measures to shut down operations, shed load and create additional capacity in response to ERCOT's needs should it be necessary,” said the Texas Blockchain Council on behalf of mining firms. 719 Total views 10 Total shares With Winter Storm Landon expected to hit parts of Texas this week, major crypto mining…
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3AC-backed DeFi protocol Tranchess launched to track Bitcoin performance
Tranchess is live on the Binance SmartChain with a Bitcoin tracking token and yield farming options for investors. 234 Total views 4 Total shares Three Arrows Capital CEO Su Zhu has announced the launch of decentralized finance (DeFi) protocol Tranchess.Tweeting on Thursday, Zhu described Tranchess as a “Tokenized Asset Management and Derivatives Trading” protocol.While the…
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US Treasury Secretary reaffirms need for stablecoin regulation following UST crash
Janet Yellen said it would be “highly appropriate” to aim for “a consistent federal framework” on stablecoins by the end of 2022 in the U.S. given the growth of the market. 132 Total views 18 Total shares United States Secretary of the Treasury Janet Yellen called on U.S. lawmakers to develop a "consistent federal framework”…
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Australian Beverage Giant Faces Monero Ransom Demand of Nearly $1M
Another ransomware attack has hit the Australia-based drinks manufacturer, Lion. This is the second attack on the company in less than one week. The cybercriminals behind the attack are threatening to double the ransom amount if Lion does not pay by the specified date. The currency of choice for the particular attack is Monero (XMR).A…
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Ondo’s USDY yield coin expands to Arbitrum
Tokenized treasury products are gaining widespread adoption on blockchain networks.