Caroline Ellison asks for time served, citing cooperation with US gov’t
The elusive former CEO of Alameda Research will return to court on Sept. 24 for sentencing after pleading guilty to fraud and money laundering in 2022.
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Is the cryptocurrency epicenter moving away from East Asia?
It probably came as little surprise last year when crypto intelligence firm Chainalysis declared East Asia “the world’s largest cryptocurrency market,” accounting for 31% of all cryptocurrency transacted during the previous 12 months. The region has a broad base of retail users along with a solid foundation of crypto traders and institutions, and China alone…

Ethereum is eating the world — ‘You only need one internet’
There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.In theory, it…

Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO Charles d’Haussy
Decentralized finance (DeFi) organization dYdX Foundation, an independent nonprofit founded to support the dYdX protocol, recently launched a public testnet for its latest version, v4. According to the foundation, this puts them ahead of schedule for the impending launch of the v4 mainnet, something they claim represents complete decentralization for dYdX.As Cointelegraph recently reported, the…

Ethereum Tests 25% Capacity Increase as Network Fees Hit Bitcoin Level
Ethereum network participants are attempting to raise the network’s block size as a direct response to network congestion.Gas limit on course to become 10 million per blockAs various parties including co-founder Vitalik Buterin confirmed this week, testing is currently underway to improve network performance and reduce transaction fees. “Given the current #Ethereum network congestion we have…

All ‘Ethereum killers’ will fail: Blockdaemon’s Freddy Zwanzger
“All the Ethereum killers from back in the day didn't succeed, and I don't expect them to succeed at all,” Blockdaemon’s Ethereum lead told Cointelegraph. 36 Total views 2 Total shares Blockdaemon’s ETH ecosystem lead Freddy Zwanzger believes Ethereum will retain its leadership position in the crypto ecosystem over the coming years due to its…

Microsoft’s Activision buy may see more metaverse in the office and crypto in gaming
A lot was said about the metaverse when the Microsoft deal to acquire Activision Blizzard was announced in January 2022. The attention mainly was on business communications, rather than gaming. If public statements and leaked documents are any guide, the Activision deal could promise more for the future of crypto than the metaverse.The metaverse had

Big mining move: Bitcoin’s hash power increases 42% in two days
It appears many Chinese miners have completed their annual migration from Sichuan, with Bitcoin’s hash rate spiking more than 40% in two days. 650 Total views 17 Total shares The hash power of the Bitcoin (BTC) network has jumped by roughly 30% over the past 24 hours, which if sustained, suggestsg a major difficulty adjustment…

Shiba Inu Burn Twitter account experiences suspension
The account holders expressed in their tweet that the Developer Portal indicates a violation of Twitter Rules and policies by their app. The Shiba Inu Burn Twitter account, which is well-engaged with the crypto community, has been unexpectedly suspended. This suspension has garnered attention because the account holders had reached out to influential individuals like…