Developers on the Ethereum network are hard at work getting ready for the Deneb-Cancun upgrade, and they’ve hinted that Devnet #10 will soon be released. This will be the last devnet before the upgrade is deployed to a public Ethereum testnets like Goerli. According to the most recent Ethereum ACDE
October 21, 2023 2 mins read
MicroStrategy has placed a large wager on Bitcoin, and the company’s founder and chairman, Michael Saylor, is not shy about praising the move. Saylor, using his twitter account, posted a comparison graphic highlighting the advantages of using Bitcoin as the X treasury reserve asset (TRA) compared to other major financial
October 21, 2023 1 min read
The Hong Kong Securities and Futures Commission (SFC) has said that it would revise its regulations concerning the sales and requisite of virtual currencies amid current market trends and demands from the industry. The SFC said on October 20 that under the new regulations, only institutional investors would be authorized
October 20, 2023 1 min read
The Swiss firm ConsenSys AG, which focuses on Ethereum infrastructure development, has had 27 of its former employees sue the company’s founder and CEO, Joseph Lubin, in a New York court. Lubin, one of Ethereum’s co-founders, allegedly as per the claims failed to fulfill his promise to give them shares
October 20, 2023 2 mins read
The rising prevalence of crypto-related frauds over the last several years has understandably scared off several investors. Meanwhile, on Wednesday the 18th of October, authorities in Navi Mumbai exposed and shut down a major crypto fraud. Located in the Indian state of Maharashtra, Navi Mumbai is a city that borders
October 18, 2023 1 min read
The next stage of Rollux, a novel EVM Layer-2 solution, has been unveiled by SYS Labs, a Web3 product suite powered by Syscoin. Rollux has launched a full suite of DeFi tools, including a ZK-lite client, cross-chain bridges, DEXs, liquidity protocols, yield aggregators, and a launchpad, to establish the groundwork
October 18, 2023 2 mins read
The Fantom Foundation is dealing with the fallout of a security breach that affected its blockchain infrastructure. The operation of the organization was disrupted because hackers used a zero-day flaw in Google Chrome. This is just one of several security incidents this month that has shaken confidence in the blockchain
October 17, 2023 1 min read
Binance US has implemented fundamental changes to its financial activities in the USA. The exchange is no longer allowing users to make direct withdrawals in US dollars as of this week. As stated in their revised terms of service, they will no longer let users withdraw USD without first converting
October 17, 2023 2 mins read
A new cooperation between Web3Auth, the top wallet-as-a-service (WaaS) infrastructure provider, and blockchain for data, Flare, has been revealed. This will make it easier for users to access Web3 applications and services using their email and social media login credentials. The dependency on seed phrases for establishing or using a
October 17, 2023 1 min read
OSL, a cryptocurrency platform owned by BC Technology Group Ltd. of Hong Kong, is reportedly offered for sale. The decision comes as the Hong Kong cryptocurrency market struggles with difficulties including low demand and regulation concerns. According to Bloomberg, citing individuals familiar with the situation, BC Technology has reportedly investigated
October 16, 2023 1 min read