Risc Zero aims to bring blockchain security to ‘any’ off-chain app
Next-gen zero-knowledge proofs are “orders of magnitude” cheaper than existing options, Risc said.
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Wells Fargo to pay $1B on shareholders lawsuit settlement
A Redditor highlighted the recurring violations of regulations by banks, expressing their frustration at the relatively muted response from the SEC. 90 Total views 36 Total shares Financial services firm Wells Fargo has reached a settlement in a class-action lawsuit, agreeing to pay shareholders $1 billion. The lawsuit alleged that the bank had misled its…

Coinbase Users Now Have ‘Recharge’ Capabilities With Bitcoin Lightning Network
Bitrefill has made it possible for users of major American crypto exchange and wallet service Coinbase to access its full suite of Lightning Network (LN) services directly from within their native exchange accounts. The news was revealed in an official tweet from Bitrefill on June 25.The capability comes as part of Bitrefill’s new Thor API,…

Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors
Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery." Lawyers representing Gemini Trust have pushed back against a plan proposed by Digital Currency Group (DCG) for creditors of Genesis Global.In a Sept. 15 filing in the United States Bankruptcy Court for

Grammy-nominated record producer joins the Bitcoin club
Multi-platinum record producer buys Bitcoin, is welcomed into the club by Pomp. 1641 Total views 20 Total shares Murda Beatz, known for his popular music collaborations with Drake, Nicki Minaj, Travis Scott, and others, has bought himself some Bitcoin. Announcing the news to his 283,200 followers on Twitter, Beatz “saluted” hip-hop artist Jermane Prime and Morgan…

Regulatory clarity key for banks entering crypto, industry exec says
Lead Bank executive Erica Khalili talks about why now’s not an easy time in the digital banking sector.

Ethena assures users of solvency after Bybit hack
According to Ethena Labs, the USDe stablecoin’s exposure to Bybit via derivatives is more than offset by its reserve fund.

Miners that hodl the most Bitcoin are ‘relentlessly expanding’
According to a series of mining metrics, not only are miners holding hard but they’re also dramatically increasing their hash rate. 243 Total views 3 Total shares Bitcoin (BTC) miners are holding more and more Bitcoin while “relentlessly expanding” their operations in 2022. A report by Arcane Research indicates that publicly listed Bitcoin miners are…

BREAKING: Bitcoin officially hits new all-time high above $65K
Bitcoin price action reenters uncharted territory after beating out final resistance before April’s existing peak. 21168 Total views 380 Total shares Bitcoin (BTC) has hit a new all-time high in United States dollars as a long-awaited surge pushes BTC/USD into price discovery.BTC/USD 1-hour candle chart (Coinbase). Source: TradingViewBitcoin back in price discoveryData from Cointelegraph Markets…