Republican Senate majority signals more ‘pro-crypto Congress’

AT&T is again seeking to have punitive damages claims of $200 million dismissed in an ongoing court case between the telecoms giant and crypto investor Michael Terpin — who asserts he lost $24 million in crypto as a result of AT&T’s negligence in 2018.In response to Terpin’s second amended complaint — filed with the court…

The issuers must still await final regulatory signoff on S-1 filings before listing the funds.

Is DeFi a mousetrap for retail investors? On September 2, the revenue of Ethereum (ETH) miners reached an all-time high of 51,541 ETH. While this may be good for the miners, it could turn popular DeFi projects into a mousetrap. Ethereum miner revenue, percent from fees and total gas used. Source: Glassnode.When denominated in USD,…

Ronin Network’s native token RON recorded 5x gains since the start of the year thanks to its plans to shift to a Delegated Proof-of-Stake (DPoS) consensus mechanism and expand its gaming portfolio beyond Axie Infinity.The gaming-focused layer-2 Ethereum blockchain will change its current Proof-of-Authority to the DPoS consensus mechanism on April 12.The previous mechanism had…

Hackers have attacked badly configured machine learning clusters on Microsoft’s Azure cloud computing network, and hijacked them to mine Monero. 1354 Total views 28 Total shares Microsoft announced on June 10 that it had discovered a number of cryptojacking attacks on powerful machine-learning clusters on its Azure cloud computing network.In a blog-post, the company said…

Bitcoin (BTC) has been seeing significant momentum in previous weeks as its price was approaching the precious $20,000 all-time high. However, an abrupt end came to this glorious rally, with Bitcoin price crashing severely over the past 24 hours. Cryptocurrency market, 1-day performance. Source: Coin360While most investors were celebrating a potential new all-time high, the…

New all-time highs are all but guaranteed when the time is right, the latest analysis claims, as both Bitcoin and altcoins take a breather. 3096 Total views 6 Total shares Bitcoin (BTC) fell to test $44,000 on Aug. 18 with traders still bullish on new all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEyes on $42,000…

The president of Germany’s central bank, the Deutsche Bundesbank (BBk), has warned central banks about the potential risks of introducing digital currencies, Reuters reports on May 29.Jens Weidmann, BBk president and chairman of the board of the Bank for International Settlements (BIS), reportedly claimed that the adoption of digital money could potentially destabilize the financial…