Now a Nearly $1 Billion Blockchain, Tezos Is Slowly Building Up Its Security
In the third week after opening its network security up to community involvement, Tezos’ beta launch has been surprisingly smooth.
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Vertcoin’s Struggle Is Real: Why the Latest Crypto 51% Attack Matters
opinion Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. ——- You may not have heard of Vertcoin, a crypto project designed to curtail concentration…
Majority of Bitcoin Hashrate Signals Support for Taproot Scaling, Privacy Upgrade
Nov 19, 2020 at 4:48 p.m. UTCUpdated Nov 19, 2020 at 5:01 p.m. UTCDistribution of Bitcoin hashrate by support for Taproot activationMajority of Bitcoin Hashrate Signals Support for Taproot Scaling, Privacy UpgradeBitcoin mining pools representing over 54% of the network’s current hashrate have signaled support for the scaling and privacy protocol upgrade Taproot, merged into…
Ether Hits $3K for First Time in Nearly 2 Years Amid Rising ETH ETF Excitement
The price of ether (ETH), the native token to the Ethereum network, rose past $3,000 for the first time since April 2022 on Tuesday, continuing a recent hot streak.Ether's price rose about 1.6% over the past 24 hours and has risen over 12% in the past week, outpacing other cryptocurrencies, according to data from CoinGecko.Bitcoin's
Bitcoin Group Addressing ‘Serious Deficits’ in Money Laundering Measures Flagged by German Regulator
BaFin, Germany's financial regulator, has ordered a subsidiary of Bitcoin Group (ADE) to address some shortcomings in internal anti-money laundering measures.In a notice issued to the group's Futurum Bank subsidiary in October and posted publicly on Tuesday, the regulator said it had identified "serious deficits" in internal security measures, due-diligence obligations and the suspicious-activity reporting
Childhood Friends Battle Over Ownership of North America’s Largest Bitcoin Mine
Feb 11, 2020 at 10:00 UTCCoinmint's bitcoin mine in Massena, New York. Source: Prieur LearyChildhood Friends Battle Over Ownership of North America’s Largest Bitcoin MineJust four years ago, two lifelong friends from New Orleans turned a small initial investment into the largest crypto miner in North America. When their company, Coinmint, bought a former Alcoa…
Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl
The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.House Financial Services Committee Chairman Patrick McHenry (R-N.C.) and the panel's senior Democrat, Rep. Maxine
Marshall Islands Further Strengthen’s Law That Made DAOs Legal Entities
The Marshall Islands has taken its bid to become a global hub for the incorporation of DAOs one step further.The tiny island nation between Australia and Hawai strengthened a previous law that recognized DAOs as legal entities, last week.The parliament of the Republic of the Marshall Islands passed legislation last week that takes its already
Former Terraform Labs CFO Han Chang-joon Extradited to South Korea by Montenegro
Han Chang-joon, the former CFO of Terraform Labs, has been extradited to South Korea by Montenegrin authorities, an official notice from Monday shows.Han was arrested with Terra co-founder Do Kwon in March 2023 while trying to travel with falsified documents. The two were sentenced to four months in prison by a Montenegro court a few