Vitalik Buterin opts for faster Ethereum, EIP-7732 gives hope
EIP-7732 aims to make things easier for Ethereum validators by splitting their tasks and creating a committee to check if transactions are revealed on time.
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QuadrigaCX Victims Request Proof of Gerald Cotten’s Death By Exhuming Body
Canadian law firm Miller Thomson has made a request to the Royal Canadian Mounted Police (RCMP) to conduct an exhumation and post-mortem autopsy on the body of Gerald Cotten, the deceased owner of the now-defunct Canadian crypto exchange QuadrigaCX.On Dec. 13, the Miller Thomson lawyers explained in a letter to the RCMP that the request…
Latin America’s Mercado Bitcoin exchange raises $200M from SoftBank
2TM GRoup, the company behind Mercado Bitcoin, is now valued at $2.1 billion. It's the second crypto exchange in Latin America to eclipse the $1 billion valuation mark. 425 Total views 4 Total shares Latin American cryptocurrency exchange Mercado Bitcoin has secured $200 million in Series B financing from SoftBank, marking one of the largest…
The impact of the Wintermute hack could have been worse than 3AC, Voyager and Celsius — Here is why
Most crypto investors probably never heard of Wintermute Trading before the Sept. 20 $160 million hack, but that does not reduce their significance within the cryptocurrency ecosystem. The London-based algorithmic trading and crypto lending firm also provides liquidity to some of the largest exchanges and blockchain projects.As a crypto-native trading firm, meaning digital assets have…
Bitcoin Cash Use in Commerce Sees Significant Decrease
A review of payments received by the world’s 17 largest crypto exchanges has shown that Bitcoin Cash (BCH) use in commerce has decreased, according to blockchain analytics firm Chainanalysis, Bloomberg reported August 20. A group of analysts from Chainanalysis found that BCH payments dropped to $3.7 million in May from $10.5 million in March, while…
API3 price gains 55% after new partnerships and exchange listings attract investors
In the emerging Web3 world, data is the most valuable commodity, and oracle solutions provide a valuable role in facilitating the accurate and secure transmission of data between blockchains and data sources. One project that is taking a different approach to developing oracles is API3 (API3), a project which harnesses application programming interfaces (APIs) to create…
US authorities eager to deter citizens from unregistered crypto exchanges
Many overseas cryptocurrency exchanges would be happy to have U.S. traders as clients, but these days, American residents might as well have a sign around their necks reading “Danger: high voltage!”That’s been the case since Oct. 1, at least, when the United States Commodity Futures Trading Commission filed a complaint against Seychelles-registered BitMEX for soliciting…
‘Bitcoin never gets hacked’ — crypto players respond to US Treasury breach
"Bitcoin means trusting a SHA256 algorithm more than the U.S Treasury," quipped Blockfolio. 1170 Total views 15 Total shares Crypto players were quick to respond to the news that hackers breached the U.S. Treasury Department.According to a report from Reuters, a “sophisticated hacking group” backed by a foreign government — reportedly Russia, according to three…
Crypto Biz: FTX fallout leaves blood in its wake
Bitcoin (BTC) is the greatest monetary revolution of the modern age. By simply buying and holding Bitcoin, citizens are staging a peaceful protest against the indentured servitude brought on by fiat economics. In the process, they’ve initiated one of the greatest wealth transfers of all time — a process that will take decades to play…