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The US Justice Department Announces First Director of National Cryptocurrency Enforcement Team
The US Justice Department Announces First Director of National Cryptocurrency Enforcement Team
News  •  Politics  •  Feb 18, 2022 by Brandon Keys

Eun Young Choi is a seasoned prosecutor serving nearly a decade in multiple departments, primarily as a Senior Counsel to the Deputy Attorney General. During the announcement Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division said that the NCET will focus on crime involving

Blockchain Bridge Wormhole Hacked for $320 million
Blockchain Bridge Wormhole Hacked for $320 million
News  •  Altcoins  •  Feb 04, 2022 by Daniel Kuhman

Wormhole, one of the largest and most popular bridges between Solana and other blockchains, confirmed on Wednesday that their platform had been hacked for approximately 120,000 ether or $320 million. This makes the exploit the second largest hack in DeFi history, behind only the $600 million Poly Network hack

Bulgarian Stock Exchange Launches 8 Bitcoin, Ether-based ETNs
Bulgarian Stock Exchange Launches 8 Bitcoin, Ether-based ETNs

An ETN will allow investors in Bulgaria to start trading crypto instruments that track the price rates of bitcoin and ethereum. Several European exchanges, such as Deutsche Börse and Euronext which introduced these instruments two years ago, now offer crypto related products available for trade. An ETN pays investors at

News  •  Bitcoin  •  Feb 21, 2022
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Bulgarian Stock Exchange Launches 8 Bitcoin, Ether-based ETNs
Bulgarian Stock Exchange Launches 8 Bitcoin, Ether-based ETNs

An ETN will allow investors in Bulgaria to start trading crypto instruments that track the price rates of bitcoin and ethereum. Several European exchanges, such as Deutsche Börse and Euronext which introduced these instruments two years ago, now offer crypto related products available for trade. An ETN pays investors at

News  •  Bitcoin  •  Feb 21, 2022
The US Justice Department Announces First Director of National Cryptocurrency Enforcement Team
The US Justice Department Announces First Director of National Cryptocurrency Enforcement Team

Eun Young Choi is a seasoned prosecutor serving nearly a decade in multiple departments, primarily as a Senior Counsel to the Deputy Attorney General. During the announcement Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division said that the NCET will focus on crime involving

News  •  Politics  •  Feb 18, 2022
Blockchain Bridge Wormhole Hacked for $320 million
Blockchain Bridge Wormhole Hacked for $320 million

Wormhole, one of the largest and most popular bridges between Solana and other blockchains, confirmed on Wednesday that their platform had been hacked for approximately 120,000 ether or $320 million. This makes the exploit the second largest hack in DeFi history, behind only the $600 million Poly Network hack

News  •  Altcoins  •  Feb 04, 2022
Opensea Exploit Allows Bad Actors to Purchase NFTs at Lower Prices
Opensea Exploit Allows Bad Actors to Purchase NFTs at Lower Prices

Opensea is a Non-Fungible Token (NFT) marketplace where users can publish and trade their digital art, music, real estate, and digital experiences. The New York based platform was founded in 2017 by Devin Finzer and Alex Atallah. Using Ethereum, artists and creatives can mint and sell NFTs with smart contract

News  •  Technology  •  Jan 24, 2022
Over $34 Million Stolen From Crypto.com Accounts
Over $34 Million Stolen From Crypto.com Accounts

Crypto.com is a Singapore based cryptocurrency exchange with a reported ten million users and 3,000 employees. The exchange confirmed on January 17th, 2022 that unauthorized withdrawals were initiated. The lost funds include 443.93 BTC, 4,836.26 ETH, and $66,200 in other currencies. The total funds

News  •  Bitcoin  •  Jan 20, 2022
U.S. Government Agencies and Ripple’s University Blockchain Research Initiative Have Teamed Up Against Proof-of-Work Mining
U.S. Government Agencies and Ripple’s University Blockchain Research Initiative Have Teamed Up Against Proof-of-Work Mining

The Department of Treasury, National Bureau of Economic Research, and Ripple’s University Blockchain Research Initiative published a paper in May last year that analysed the effect of cryptocurrency mining on local electricity price increases.  The document, authored by Berkeley researchers Matteo Benetton, Adair Morse, and Giovanni Compiani from the

News  •  Bitcoin  •  Jan 19, 2022
Rio De Janeiro Considering 10% Discount for Bitcoin Tax Payments, 1% Treasury Allocation to Cryptocurrency
Rio De Janeiro Considering 10% Discount for Bitcoin Tax Payments, 1% Treasury Allocation to Cryptocurrency

During the Rio Innovation Week conference, Paes stated “We are going to launch Cripto Rio and invest 1% of the Treasury in cryptocurrency”.  Miami Mayor Francis Suarez also made an appearance to discuss the possibility of utilizing cryptocurrencies within Rio. Paes plans to do something similar to what Suarez has

News  •  Bitcoin  •  Jan 14, 2022
“Turning It Off and On Again” Has No Place in Decentralized Systems
“Turning It Off and On Again” Has No Place in Decentralized Systems

The classic IT panacea of “turning it off and on again,” popularized by the 2006 show The IT Crowd, was recently tried on Solana, a supposedly decentralized smart contract platform. To be fair, Solana validators didn’t turn the network off per se, it halted on its own. The halting

Opinion  •  Altcoins  •  Sep 20, 2021
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