RMIT to make Blockchain Hub a part-time gig, hints at resource crunch

Ethereum’s Dencun upgrade has “greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions.

A Vienna-based car-sharing service company has outfitted nearly half of its 200+ fleet of cars with blockchain-based self-sovereign IDs for tokenization purposes. The car-sharing service ELOOP and peaq, a Web3 network for the Economy of Things, announced on June 27th that 100 Teslas have been tokenized via the peaq network. The blockchain integration allows users to…

A Korean translation of the EU regulatory framework gave the Bank of Korea food for thought, and it shared its views on ICOs, stablecoins and protecting innovation. 129 Total views 26 Total shares The South Korean central bank has indicated that initial coin offerings (ICOs) will be allowed under the Digital Assets Framework Act, according…

The United States Securities and Exchange Commission (SEC) has given blockchain-based startup Blockstack the go-ahead to run a $28 million public token offering under Regulation A+, according to a report by The Wall Street Journal (WSJ) on June 10.Blockstack will reportedly launch its token offering online tomorrow, July 11. While other firms have previously taken…

In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether’s cash reserves to cover a rumored $850 million funding gap with reserves meant for backing the stablecoin. Both companies share the same owner.Now, the crypto exchange…

According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they’ve fallen victim to a scam. 204 Total views 13 Total shares One of the Big Four banks in the U.K., Lloyds Bank, has said that reports of cryptocurrency investment scams by victims have surged by 23% in the

U.S. and Israel-based firms were charged for promoting fake investment schemes and defrauding customers of $15 million. The Commodity and Futures Exchange Commission (CFTC) has charged executives of American and Israeli firms for an alleged $15 million scam involving cryptocurrencies and binary options. Court documents filed on May 5 mention two major scams, the first involving…

On-chain analyst Willy Woo argues a massive power outage in Chinese mining hub Xinjiang drove Bitcoin’s violent crash down to $50,000. 612 Total views 11 Total shares Woo noted reports identifying the blackouts were published late last week, with the power outages occurring to facilitate safety inspections in response to a recent flooding accident at…