Ripple and SEC agree to stay $125M judgment, hinting at appeal

BlockShow Asia 2019 hosted some big names today for a panel on blockchain scalability. All the speakers agreed: people have to choose between scalability and decentralization.The panel included Max Kordek, CEO at Lisk; Matthew Tan, founder of Etherscan; Saranya Sriram, technical lead at Microsoft Azure; and Xinxi Wang, co-founder of Litecoin Foundation. It attracted a…

Bitcoin, the world’s leading cryptocurrency, has long been under scrutiny for its environmental impact due to the energy-intensive nature of its mining process. Since its inception in 2008, Bitcoin has never been hacked. Its tight security, provided by its proof-of-work (PoW) consensus mechanism, provides value to the cryptocurrency. PoW, however, is energy-intensive and relies on complex

After proceedings in an Irish court, the local Data Protection Commission said X agreed to suspend processing personal data of EU users to train its AI system.

The Asian cryptocurrency exchange was impacted by the Celsius and Babel Finance defaults but is working with investors to resolve the situation. 41 Total views 2 Total shares Crypto exchange Zipmex, which operates in Thailand, Indonesia, Singapore and Australia, released a statement this week denying reports that it has filed for bankruptcy and announcing its…

The decentralized finance space has grown exponentially over the last few months, to the point where more than $9 billion worth of crypto assets were locked in its protocols before crypto prices started dropping. The space had a little over $500 million locked in back in September 2019.This exponential growth in the last few months…

The proposed change would prevent certain coins that have fallen in value recently from being used as collateral. 423 Total views 5 Total shares The MakerDAO Risk Core Unit, a key group within the MakerDAO governance system, submitted an urgent request today to change collateral parameters for the DAOs stablecoin, DAI.Primoz, a member of the…

Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead of EDT/UTC.” 683 Total views 9 Total shares A Bitcoin (BTC) miner who mistakenly received 20 BTC — worth over $500,000 — from crypto exchange Paxos for settling a

Spain’s biggest multinational telecommunications company, Telefonica, has partnered with Microsoft to expand its digital innovation using blockchain and artificial intelligence (AI), a press release confirmed on Feb. 25.Telefonica, which has sealed multiple blockchain-related partnerships in recent months, will now leverage Microsoft’s Azure platform to develop new services for the telecoms industry.The deal emerged as part…