US Justice Dept charges Roger Ver with tax fraud
The early crypto investor, often called ‘Bitcoin Jesus,’ faces extradition to the U.S. after being charged with evading nearly $50 million in taxes.
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Samson Mow’s new company JAN3 helping build Bitcoin City in El Salvador
Bitcoin entrepreneur Samson Mow has launched a new company called JAN3, reportedly raising $21M in funding at a $100M valuation. Samson Mow, former chief strategy officer of Blockstream and founder of Pixelmatic, said on Thursday that he has started a new company called JAN3 which will focus on accelerating Bitcoin adoption. The Chinese-Canadian Bitcoin entrepreneur told…

Reserve Bank of India Developing Blockchain Banking Platform
The Reserve Bank of India (RBI) is developing a blockchain platform for banking in its R&D branch, according to a report by BusinessLine on June 28The blockchain platform will reportedly host a number of blockchain applications, and is slated to launch next year. This model platform is reportedly being designed to serve banks; according to…

Hyperledger Gains Microsoft and Ethereum Foundation Among Raft of New Members
Microsoft, Salesforce and the Ethereum Foundation are among the major new companies joining enterprise blockchain platform Hyperledger. The company’s executive director, Brian Behlendorf, confirmed the news to Cointelegraph ahead of a public unveiling at the ongoing Synchronize Europe conference in London on June 18.Part of a monthly update on new members of Hyperledger, Behlendorf said…

Is crypto a commodity or a security?
The crypto industry waits anxiously for the decision of Judge Analisa Torres of the Southern District Court of New York on the Securities and Exchange Commission (SEC) versus Ripple Corporation case. Ripple owns the popular XRP crypto token, which is currently still in the Top 10 of Coinmarketcap.com, a popular token-tracking website. The SEC charged…

South Korea: Four ‘Young’ Hackers Booked in Cryptojacking Case Targeting Over 6,000 PCs
Four “young” hackers have been arrested in a cryptojacking case involving over 6,000 computers in what is allegedly South Korea’s “first” known case of its kind, Korean English-language news outlet Aju Daily reports Nov. 8.Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge.Aju Daily…

Blockchain Software Firm Digital Asset Open Sources its DAML Language
Blockchain software firm Digital Asset has open sourced its Digital Asset Modeling Language (DAML), the company announced on Twitter on April 4.Introduced in April 2016, DAML is an expressive language designed for financial institutions to model and execute agreements through distributed ledger technology (DLT).According to Digital Asset’s blog, DAML is similar to a smart contract…

Scaling the EVM requires an L1, not an L2
Opinion by: Jay Jog, co-founder of Sei Labs When CryptoKitties crashed the Ethereum network in 2017, the industry learned a hard lesson about blockchain scalability. Today, with over $100 billion locked in decentralized finance (DeFi) and millions of non-fungible tokens (NFTs) being traded, that lesson is more relevant than ever. The Ethereum Virtual Machine (EVM)

Udi Wertheimer Offers to Promote Binance in Exchange for SegWit Support
One of the Bitcoin (BTC) space’s best-known and most outspoken developers has pledged to advertise Binance for the rest of the year if the exchange implements specific features.Wertheimer tackles Binance lack of SegWit, LightningIn a Twitter debate beginning on Oct. 2, Udi Wertheimer has made an unusual decision to influence development of Binance, one of…