Ethereum Name Service plans layer-2 migration to reduce gas fees, boost speed
The proposed ENSv2 aims to lower gas fees and improve transaction speed by moving out of Ethereum and transferring to a layer-2 network.
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Real estate leads securitized blockchain assets in 2022 — Report
Real estate is an asset class that is ripe for integration with blockchain technology. Security tokens cover many categories but are dominated by real estate. The Cointelegraph Research Terminal is hosting a 33-page report by Security Token Market, a data and media firm, that covers the current state of real estate security tokens and the…
US Man Faces up to 5 Years in Prison for ‘Unlicensed’ Bitcoin Sales via LocalBitcoins
A U.S. citizen has pled guilty before a federal court to operating an “unlicensed money transmitting business” via LocalBitcoins.com, according to a Department of Justice (DoJ) press release published Oct. 29.The man, Jacob Burrell Campos, has reportedly admitted to “selling hundreds of thousands of dollars” in Bitcoin (BTC) “to over 1,000 customers” in the U.S.…
Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal
According to court documents, Caroline Ellison said she and SBF signed off on “materially misleading financial statements” for Alameda lenders — knowing it was illegal. 856 Total views 23 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTCaroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea…
Is Bitcoin at risk of another drop below $40K in a historically corrective March?
Bitcoin (BTC) has seen a corrective week as the price dropped from $58,000 to $44,000 in a matter of days. This dropdown caused a panic reaction across the markets as the euphoria was immediately halted.For instance, the Crypto Fear and Greed Index plunged to monthly lows of 56 after being above 90, or "extreme greed"…
Crypto startup employee quits after realizing telltale signs of failure
The startup ecosystem has historically played a vital role in shaping the crypto community into an almost $2 trillion industry. However, numerous players bank on this notion to consistently overpromise and underdeliver the big WAGMI dream.Back in December 2021, Redditor busterrulezzz thought they landed their dream job after being hired by a crypto startup —…
India Supreme Court Lifts RBI Ban on Banks Servicing Crypto Firms
The Supreme Court of India has struck down the Reserve Bank of India’s (RBI) controversial ban on banks’ dealings with crypto-related firms. The court’s bench of Justices Rohinton Nariman, S Ravindra Bhat, and V Ramasubramanian, delivered the judgment earlier today, March 4, litigation news site Live Law reported.Landmark rulingIndia’s central bank, RBI, had imposed a blanket…
Winklevoss Twin: Next Bitcoin Bull Run Will Be ‘Dramatically Different’
Cameron Winklevoss, the billionaire founder of cryptocurrency exchange Gemini, believes the next Bitcoin (BTC) bull run will be much different. When compared to previous bull markets, Winklevoss noted that there is substantially more capital, infrastructure, and better projects.Winklevoss said:“The next Bitcoin bull run will be dramatically different. Today, there’s exponentially more capital, human capital, infrastructure,…
Google accused of illegally terminating contract staffers who worked on AI: Report
The Alphabet Workers Union filed a report to the U.S. National Labor Relations Board accusing Google of violating labor law that prohibits retaliation against organizing. 125 Total views 1 Total shares Google and Accenture, who have a joint business venture, are being accused by the Alphabet Workers Union of being in violation of federal labor…