US, Canadian investors to get full compensation in GSB Group settlement
The German group is accused of running a multilevel marketing scheme that took in hundreds of millions of dollars in supposed crypto and metaverse investments.
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5 National Currencies That Bitcoin Is Absolutely Crushing in 2020
Data from a pseudonymous analyst compared the performance of Bitcoin (BTC) against global currencies since the start of 2020.The data shows that BTC has increased by anywhere between 50% to 128% against the world’s major currencies.The performance of Bitcoin against various global currencies. Source: DriftwoodPalaceThe analyst said:“Update on the bitcoin price in various currencies and…
Tornado Cash indictment fails to show ‘clear violation’ of certain laws: Coin Center
Coin Center research director Peter Van Valkenburgh argued that crypto mixer Tornado Cash is an anonymizing software provider, not a money transmitter. 196 Total views 2 Total shares Crypto advocacy group Coin Center has criticized the latest indictment of two former Tornado Cash developers, arguing that the facts offered don't show any clear violations of…
Vitalik proposes new ‘multidimensional’ Ethereum fee structure
Calculating different gas prices for different resource usage may streamline the current fee structure for Ethereum according to Buterin. 3091 Total views 56 Total shares Ethereum co-founder Vitalik Buterin has put his thinking cap on again in an attempt to improve the current fee structure for the network.The proposal titled “Multidimensional EIP-1559” was laid out…
The Key to Staying Profitable When Mining Revealed by Software Startup
A company has released the beta version of its cryptocurrency mining platform – the first iteration of “simple to setup, highly automated” software that is aimed to appeal to newbies and seasoned professionals alike.Cudo Miner says its offering is a GUI miner, which in other words is a graphic frontend for its interface. Its accessible…
Litecoin is finally launching its major Mimblewimble upgrade
Privacy opt-ins are coming to Litecoin even as regulators continue to scrutinize anonymity-boosting protocols. 742 Total views 45 Total shares After two years of development, Litecoin (LTC) has finally launched its highly anticipated Mimblewimble upgrade, opening the door to more privacy-oriented transactions on the network. Mimblewimble’s integration into Litecoin came by way of the Mimblewimble Extension…
Nifty News: Yuga in doghouse over Kennel Club logo, NFT marketplace wars rage on and more
New logo slated for Yuga’s dog-themed NFT collectionThe logo for the Bored Ape Kennel Club (BAKC) from nonfungible token (NFT) conglomerate Yuga Labs is getting a refresh after recently surfaced allegations of intellectual property theft.Yuga co-founder, Greg Solano, more widely known as “Garga” tweeted on Feb. 18 that the BAKC logo would be changing and…
SEC Advisory Committee member calls agency to open for public comment on crypto regulation
Associate law professor and member of the Securities and Exchange Commission’s Investor Advisory Committee J.W. Verret is calling for the government agency to open for public comment in regards to digital asset regulation.In a petition addressed to SEC Secretary Vanessa Countryman, Verret said opening the floor to comments on digital assets could function as a…
Iranian Crypto Ransomware Threat Will Rise in Today’s Geopolitical Climate, Report Predicts
Iran-based malware that demands a digital ransom in cryptocurrencies is on the rise and will further escalate in the present geopolitical climate, according to a report published by global management consulting firm Accenture on August 7. After two years of analysis, Accenture Security iDefense predicts that emerging trends in the Iranian cyber threat landscape will…