Ethereum is a ‘dictatorship’ claims Cardano founder Charles Hoskinson
Hoskinson says the Ethereum network is more like a “dictatorship” where Vitalik Buterin exerts too much influence over the development of the decentralized network.
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Crypto ‘not protected by law,’ rules provincial high court in China
A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens. 864 Total views 12 Total shares Yet another blow has been dealt to China’s cryptocurrency community, with news of a new high court ruling in the Shandong province that has drawn…
Tech talent migrates to Web3 as large companies face layoffs
As inflation continues to grow, coupled with a looming recession, many tech firms are having to cut portions of their staff. To put this in perspective, data from Layoffs.fyi found that over 700 tech startups have experienced layoffs this year, impacting at least 93,519 employees globally. It has also been reported that tech giants like…
Redditor’s hacked Bitcoin is a lesson on the hidden dangers of paper wallets
"My Bitcoin was taken. How?" A Reddit user thought they were following best practices until two days ago when their Bitcoin wallet was completely cleaned out. 544 Total views 7 Total shares A Reddit user has become the latest example of why crypto users should be more careful when using wallet generators — after the…
Bitcoiners pitch draft bill to preserve blockchain, decentralization in Argentina
The group, “Bitcoin Argentina,” previously rejected the idea that regulation was needed in the cryptocurrency industry. 143 Total views 1 Total shares Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserves decentralization and strengthens public trust.The proposed legal framework was pitched by Bitcoin Argentina's president
Lightning Labs Releases Alpha Version of Lightning Offramp Solution Lightning Loop
Blockchain development company Lightning Labs has announced the initial release of the Lightning Network offramp Lightning Loop in a post on its blog published on March 20.Per the announcement, the software provides a non-custodial way to receive funds through the Bitcoin (BTC) scalability solution Lightning Network, through on-chain settlement with the “Loop Out” function.The Loop…
Bitcoin Price Slips 10% in 24 hrs as Fed Raises Facebook Libra Concerns
Bitcoin price (BTC) shed more than 10% on July 11 as markets appeared to react to criticism of Facebook’s Libra from a senior U.S. lawmaker.Market visualization courtesy of Coin360Data from Coin360 sees the majority of cryptocurrencies firmly in the red Thursday, hours after Federal Reserve Chairman Jerome Powell said Facebook’s offering should not continue development.Libra,…
Bitcoin Ban Means India Will Get More Corrupt Under Modi — Tim Draper
India is leaving itself vulnerable to corruption by attempting to ban cryptocurrencies such as Bitcoin (BTC), says Tim Draper. Speaking to California-based media outlet Indica on Oct. 31, the pro-Bitcoin VC investor called on prime minister Narendra Modi to rethink the current hostile environment towards crypto. Draper to Modi: don’t “go back to old ways”India banned banks…
Attorneys Seek Bank of Ireland Execs’ Testimony Against OneCoin Scammer
Executives at the Bank of Ireland (BOI) could join a trial in the case against Mark Scott, who allegedly helped launder nearly $400 million via cryptocurrency scam scheme OneCoin.Four BOI witnesses to testify remotelyOn Sept. 29, the government of the United States submitted a court motion seeking the testimony of four witnesses via closed-circuit television…