Public blockchains too ‘fragile’ for tokenization: Professor tells Congress

June 5, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise.

Research into the top ten crypto deals in 2017 based on their investment returns (ROI) has revealed that on average each returned over 136,000 percent, according to data shared with Cointelegraph by Crypto Finance Conference (CFC) analysts July 27. Out of all the crypto projects that raised a minimum of $1 million in 2017, IOTA…

Bitcoin miner IREN overstated its compute ability and prospects, says lawsuit

An investor in IREN, formerly Iris Energy, sued the crypto miner, accusing it of overstating its high-performance computing ability and business prospects.

Feds want Bitfinex hacker ‘Razzlekhan’ jailed for 18 months

Prosecutors said Bitfinex hacker Heather Morgan should receive a lenient jail sentence because she provided “substantial assistance” to the government.

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Owner of unlicensed UK crypto ATM network faces criminal charges

The FCA is throwing the book at the head of Gidiplus Limited for operating an ATM network after being denied registration.

Dogecoin 'god candle' coming? DOGE price jumps 10%

The price of DOGE staged a double-digit rally over the past week as memecoin traders took new positions, expecting more upside.

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Ether ETFs could drive ETH price to $10K, but approval could take until 2025

While the ETF approval process could be delayed until 2025, it could be Ether's most significant price catalyst.

3 red flags that signal a crypto project may be misleading investors

Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping to establish the network, then vanishing without so much as a trace. Over the years, the crypto ecosystem has seen many developers and protocol creators rise in stature to become crypto messiahs for faithful holders…

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SEC files lawsuit against FTX-linked bank, alleging fraud

Enforcement director Gurbir Grewal said Silvergate allegedly “failed to detect nearly $9 billion in suspicious transfers among FTX and its related entities.”

Mobile DeFi and the Shift Toward Self-Sovereignty

Many speculate that mainstream adoption of cryptocurrency is dependent solely on improving ease of access and user experience. In reality, there’s an even bigger obstacle: a mentality shift. Self-sovereignty and personal autonomy are the endgame of this technology, and with that goal comes a significant increase in personal responsibility for one’s funds. This is totally at…

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