Zilliqa 2.0 upgrade enhances speed and cross-chain compatibility
Block times can also be adjusted as desired. The root mainnet shard features an average block time of just 2 seconds.
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India crypto ban is like banning internet, says former Coinbase CTO
Former Coinbase chief technology officer Balaji Srinivasan has warned that India's impending ban on Bitcoin and other cryptocurrencies would be like banning the "financial internet." 2682 Total views 16 Total shares Former Coinbase chief technology officer Balaji Srinivasan thinks India’s impending cryptocurrency ban would be akin to banning the internet and could cost the country…

BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash
It's looking more and more like a capitulation, but so far, open interest remains "unflushed," analysts warn. 4163 Total views 72 Total shares Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView.Open…

Pantera Capital, Coinbase Back Crypto Startup Staked in $4.5 Million Round
Major crypto investment firm Pantera Capital has lead a seed funding round for crypto staking startup, Staked, the company announced in a blog post Jan. 31.The startup, which targets institutional investors of proof-of-stake cryptocurrencies, announced that it raised $4.5 million in the investment round. According to the post, in addition to Pantera Capital, major firms…

Bitfinex Can Hold on to Documents About Alleged $850 Million Cover-up
Bitfinex can hold on to documents pertaining to the alleged cover-up of an $850 million loss on its trading platform, the Appellate Division of the New York Supreme Court has ruled.Ongoing caseIn a Sept. 24 court order, appellate court justices David Friedman, Peter Tom, Troy Webber, Ellen Gesmer and Jeffrey Oing moved to stop a previous…

Johannesburg Authorities Refuse to Pay Hackers’ Bitcoin Ransom
Authorities in Johannesburg are holding firm in their refusal to pay a ransom of 4 Bitcoin to hackers who targeted municipal systems last week.In a statement posted to its official Twitter handle on Oct. 28, the Johannesburg city council confirmed the attack had affected services that included billing, property valuation and land information systems, as…

1inch to launch dollar-pegged stablecoin with ICHI
The new one1INCH stablecoin will be collateralized by a combination of USDC and 1inch's native token. Decentralized exchange aggregator 1inch has partnered with the ICHI platform to issue a new stablecoin pegged to the U.S. dollar.In a Thursday announcement, 1inch said it planned to mint a stablecoin “with a blend” of its native 1INCH token…

Minecraft, GTA may change their tune on blockchain yet: GameFi execs
While several mainstream game studios have taken a noticeable step back integrating blockchain tech, three blockchain gaming executives say it's only a matter of time before they change their tune. In July last year, Minecraft developer Mojang Studios announced a ban on NFTs and blockchain technology. By November, Rockstar Games updated its website to stipulate that fan-operated…

SEC charges promoters of Steven Seagal-spruiked ICO from 2018
The SEC has charged three individuals for defrauding investors out of millions through the Steven Seagal-backed Bitcoiin2Gen ICO. 1739 Total views 13 Total shares The U.S. Securities and Exchange Commission has charged three individuals for various cryptocurrency frauds including the 2018 initial coin offering for the Steven Seagal-promoted altcoin, Bitcoiin2Gen.A Feb. 1 SEC announcement estimates…