Plus Token’s $1.3B ETH could be sold, ‘Crypto King’ arrested: Asia Express
New analysis suggests $1.3B of ETH from Plus Token Ponzi could be headed to exchanges; Upbit monopoly sparks bank run fears. Asia Express.
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First major success in US Congress for two crypto bills: Law Decoded
Last week, the United States took a step closer to regulatory clarity for its crypto industry. In a 35–15 vote, the House Financial Services Committee (FSC) approved the Financial Innovation and Technology for the 21st Century Act. The bill is intended to establish rules for crypto firms on when to register with either the Commodity…

Facebook’s Calibra Team Outlines New Byzantine Fault Tolerance Testing Methods
Facebook’s Calibra team have published a research paper outlining a new method for Byzantine fault tolerance, or BFT, testing.Dubbed “Twins”, Claibra’s innovation comprises a lightweight method for testing a network’s BFT implementation.Calibra pioneers BFT testing strategyThe paper asserts that while BFT systems “have seen extensive study for more than two decades,” the field “lack[s] a…

NFTs are ‘Stayin’ Alive’ as new minting trends, AI and music-based projects thrive
In 2020, newly launched NFTs projects experienced costly gas wars that are gas priority auctions where buyers battle to secure their spot on the next block, potentially losing ETH to failed transactions. In 2021 digital scarcity and utility drove the NFT hype in the constantly surging markets and toward the end of the year, how…

Cat got your tongue? Bitcoin critics wither in 2020
Bitcoin (BTC) has had an interesting year, recovering from major sell-offs to eventually skyrocket to new all-time highs.However, Bitcoin's performance and cryptocurrencies increased adoption worldwide have still failed to bring some observers into the crypto camp. Yet compared to other bull run years like 2017, 2020 has seen much less crypto criticism, with a number of…

Analyst highlights 3 macro metrics that clearly show DeFi sector growth
Decentralized finance (DeFi) has been one of the hardest-hit sectors since Bitcoin (BTC) price corrected from its all-time high in early May and this can be seen by the decline in the total value locked (TVL) on all protocols. According to data from DeFi Llama, the total value locked in decentralized finance platforms dropped from $154…

TeraWulf Bitcoin production falls 21% in Q2, looks to AI expansion
Bitcoin miner TeraWulf mined 699 Bitcoin in Q2 — a 21% year-over-year decline — but still beat analyst expectations with $35.6 million in quarterly revenue.

Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC
The limits set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions. Own this piece of crypto history Collect this article as NFTNigeria has drastically reduced the amount of cash individuals and businesses can withdraw as it attempts to push its “cash-less Nigeria” policy and increase the…

Overstock’s tZero Launches Mobile Crypto App Touted as Hack-Resistant
tZero, United States retail giant Overstock’s crypto subsidiary, has launched a digital wallet and exchange app for crypto, the company officially announced in a tweet on June 27.The firm calls its new mobile crypto app a hack-resistant solution for trading and storing cryptocurrencies, tZero CEO Saum Noursalehi said in a press release to Reuters.Noursalehi explained…