Nancy Pelosi mulls supporting Republican’s FIT21 crypto bill: Report
The former House Speaker is reportedly considering support for the Republican crypto legislation, breaking from ranking Democrats.
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Shock: Ethereum Miners Against Proposal to Reduce Block Rewards by 75%
The new EIP-2878 would reduce block rewards by 75% and has received sharp criticism from miners who say it will compromise the network’s security. A new Ethereum improvement proposal (EIP) has been met with sharp criticism from miners suggesting those behind the proposal are less interested in the network’s security and more focused on investors’…

OmegaPro co-founder arrested over $4 billion crypto scam
Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multi-billion-dollar crypto scheme.

Uzbekistan Bans Citizens From Buying Cryptocurrencies
The government of Uzbekistan has reportedly barred its citizens from purchasing cryptocurrencies.According to local news outlet Novosti Uzbekistana on Dec. 25, the National Project Management Agency has banned citizens from purchasing crypto, even on established exchanges. The decision comes as a surprise to many, as the country has previously displayed a relatively lenient stance toward digital…

Ethereum Layer-Two Solutions Lack Real World Usability, Says Skale CTO
Cointelegraph spoke with Konstantin Kladko, the CTO of the Skale Network, a blockchain platform based on Ethereum (ETH).Kladko holds a PhD in Physics from the Max Planck Institute and a Masters in Computer Science from Stanford. Over the course of a long career that includes the Los Alamos National Laboratory and Sun Microsystems, he also…

AMD Q4 Financial Report Sees Income Dip, Executives Show No Signs Of Panic
United States transnational IT company Advanced Micro Devices (AMD) released its Q4 revenue report on Jan. 29, broadly conforming to analysts’ fears of a continued slowdown.AMD, which like other graphics hardware manufacturers has suffered due to the cryptocurrency bear market, produced quarter-on-quarter revenue losses of 14 percent.Its gross margin was down 2 percent versus Q3,…

Tether launches Synonym to boost Bitcoin adoption through Lightning Network
The new venture is pursuing hyperbitcoinization by combining the Lightning Network’s speed with the architecture of an open peer-to-peer platform. 978 Total views 16 Total shares Synonym Software Ltd., a company founded by stablecoin issuer Tether Holdings Limited, officially launched on Tuesday, setting in motion a highly ambitious project to bring Bitcoin (BTC) transactions mainstream…

South Korean Authorities Investigate Crypto Fraud That Promised Investors Shipwreck Gold
South Korean authorities are investigating a crypto investment scam involving the Seoul-based Shinil Group as the key figure, Korea JoongAng Daily reported July 31. Shinil Group (Shinil) allegedly promised to pay investors in gold from a sunken Russian shipwreck. Earlier this month, Shinil announced it had found the Dmitrii Donskoi, a Russian armored cruiser that…

Crypto Wendy on trashing the SEC, sexism, and how underdogs can win: Hall of Flame
Name: Wendy O Anonymous: No Twitter followers: 330,000Known for: crypto commentary, shitposting, trading analysis and community initiatives Who is Crypto Wendy anyway? Wendy is a former healthcare professional turned crypto trader and content creator, or what she describes as a “YouTube shock jock.” While the switch from health to crypto came about due to a number of…