“Greater clarity” around the Merge has driven institutional inflows into Ethereum products, according to a CoinShares report. Institutional investors are piling into Ether-based digital asset funds, which have recorded seven straight weeks of positive inflows, according to the latest CoinShares report. Said inflows reached $16.3 million last week, adding to a total of $159 million...Continue Reading
“A student can build an app without needing to learn new languages without needing to learn new skills,” said NEAR founder Illia Polosukhin. 20 million JavaScript developers will now have the ability to write blockchain smart contracts and build applications on the NEAR Protocol, after rolling out JavaScript Software Development Kits (JS SDKs) on Monday....Continue Reading
The response comes after researchers in Israel alleged the mining pool has been manipulating Ethereum block timestamps to obtain higher mining rewards. F2Pool co-founder Chun Wang has responded to allegations that his mining pool has been manipulating Ethereum block timestamps to “obtain consistently higher mining rewards.” The allegations came from an Aug. 5 paper from researchers...Continue Reading
“Illegal or criminal activities are likely to flourish in the darkverse since it will be difficult to track and monitor,” says Trend Micro. In a new report published by American-Japanese cybersecurity company Trend Micro, the firm says that the metaverse possesses increasing vulnerabilities that could materialize within the next three to five years. As told...Continue Reading
Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.” Australian Bitcoin miner Iris Energy said it had increased its hash rate to more than 2.3 exahashes per second following the completion of phase two of its operations in Mackenzie,...Continue Reading
The Barstool Sports founder panic-sold Bitcoin in 2020 and has expressed fleeting interest in digital assets ever since. Barstool Sports founder Dave Portnoy has watched his investment in SafeMoon (SAFEMOON) crash by over 94%, proving to crypto enthusiasts that he is, in fact, capable of hodling during the bear market. The stock trader and media...Continue Reading
Stablecoin issuers can blacklist interactions with the Tornado Cash dApp on the Ethereum smart contract level. According to crypto data aggregator Dune Analytics, on Monday, Circle, the issuer of the USD Coin stablecoin (USDC), froze over 75,000 USDC worth of funds linked to the 44 Tornado Cash addresses sanctioned by the U.S. Office of Foreign...Continue Reading
OFAC issued a statement implying prohibited transactions with Specially Designated Nationals could include “downloading a software patch from a sanctioned entity.” Roman Semenov, one of the co-founders of Tornado Cash, has reported his account suspended at developer platform GitHub following the United States Treasury Department’s sanctioning of the privacy protocol. In a Monday tweet, Semenov...Continue Reading
Both plaintiffs claim that Coinbase made fraudulent and deceptive representations regarding the company’s business. The Coinbase drama, which started at the end of July, continues with new developments. Last week, former Coinbase Global product manager Ishan Wahi pleaded not guilty to two counts of wire fraud conspiracy and two counts of wire fraud in a...Continue Reading
The cross-chain bridge was drained of its assets in less than three hours. Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following a $190 million hack, whitehat hackers have since returned approximately $32.6 million worth of funds. The vast majority of funds consisted of...Continue Reading
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