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OIF Marks 25th Anniversary, Launches New Physical & Link Layer Working Group Electrical Project and Adds 112G VSR Clause to CEI 5.0 IA at Q1 Technical and MA&E Committees Meeting

The meeting hosted leading analysts from 650 Group and LightCounting as guest speakers giving member participants direct access to research, forecasting of industry growth and the impact of OIF’s work FREMONT, Calif.–(BUSINESS WIRE)–#650Group—OIF’s first Technical and MA&E Committees Meeting of the year kicked off a year-long celebration of OIF’s 25th

January 23, 2023 4 mins read

Russia-linked Darknet Market Solaris Hacked as per Elliptic

An organization called Kraken, not to be confused with the well-known cryptocurrency exchange of the same name, has hacked into Solaris, a major marketplace for narcotics and other illegal items. Solaris reportedly gained between 20% and 25% market share after authorities shut down Hydra, the prior leader in this sector,

January 22, 2023 1 min read

South Korean Authorities Seize $92M Worth Assets Linked to Do Kwon

Authorities in South Korea and elsewhere continue to look for Do Kwon, the controversial creator of Terraform Labs. South Korean authorities have allegedly stated that Terra’s founder was seen in Serbia. After departing Singapore a while ago, as was reported earlier this month. According to The Korea Economics Daily, South

December 20, 2022 1 min read

Binance Clears Stance on Price Fluctuations in Altcoins Linked to 3Commas

While the recent large purchases on Binance are a positive indication for cryptocurrencies, they have caused some alarm in the cryptocurrency world. Since the 3Commas API was leaked, worries have arisen that Binance may be hacked. The cryptocurrency exchange, however, has said that it does not seem to be a

December 11, 2022 2 mins read

CEO of Crypto News Platform ‘The Block’ Resigns Post FTX Link

The CEO of cryptocurrency news site The Block, Michael McCaffrey, resigned when it was revealed that the business had received an undisclosed investment from former FTX founder Sam Bankman-Fried, according to a report by Axios. McCaffrey, who became CEO in April of 2020, has also resigned from the board of

December 10, 2022 1 min read

SEC Unveils New Guidelines For Firms Linked With Crypto Sector

In light of the current market turmoil, the Securities and Exchange Commission (SEC) has released new rules for corporations making financial disclosures, requiring them to disclose a more comprehensive record of their connection to the crypto sector. The criteria, detailed in an illustration letter, extend beyond the balance sheet total

December 9, 2022 1 min read

Chainlink Announces Launch Date of Anticipated Staking Feature

On December 1st, the Chainlink development team announced an update to its highly anticipated staking activities. Staking on Ethereum’s mainnet, according to the oracle provider, will become live on December 6th. Furthermore, at first, the lockup period for Chainlink staking may be anywhere from 12 to 24 months. But the

December 2, 2022 1 min read

Nansen Report Suggests Deep Link Between FTX Fall and Terra Crash

According to Nansen, a blockchain analytics business, there was never a clear separation between FTX and Alameda Research, and FTX’s plan to keep Alameda afloat began to unravel around the time TerraUSD crashed. Although it has been little over a week after the collapse of the interconnected companies, the failure

November 18, 2022 2 mins read

Tether Reportedly Freezes $46M in USDT Linked to FTX

Tether reportedly froze $46 million USDT at the request of law authorities. The trusted stablecoin provider has fulfilled the request, which may have been related to the FTX exchange. Little is known about the nature or goals of the inquiry beyond the fact that it is taking place. A  Tether

November 10, 2022 1 min read

Chainlink Proof of Reserve Provides Enhanced Protections for Crypto Ecosystem

Crypto space connects people through digital platforms where the users will always have insecurity for their data and assets. In order to avoid these insecurities and to build high user trust, Proof of Reserve (PoR) is operating. In addition, PoR is very popular to enhance the function of DeFi as

November 8, 2022 2 mins read