ETH 2.0’s highly anticipated revamp is expected to begin rolling out in a matter of months, but scaling solutions and gas-free transactions have already arrived. Ethereum 2.0 is expected to launch within months, but new scaling solutions and gas-free transactions are already here. The network is also growing more popular, with the number of active…
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The “Nefilim” ransomware threatens to leak sensitive data if the demands are not met. A series of ransomware attacks over the past week affected medical care, hundreds of thousands of parcel deliveries during the pandemic — and even a lingerie manufacturer. Attackers are threatening to leak sensitive data if companies fail to make the required…
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Chinese mining hardware giant Bitmain released a batch of Antminer products with a particularly high failure rate, according to a group of miners. The Telegram group, started by Arseniy Grusha on May 1, co-founder of United States-based cryptocurrency consulting and mining firm Wattum, contains several complaints about Bitmain products, primarily the Antminer S17+. “I have…
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New York-based blockchain intelligence firm Chainalysis has launched a new initiative to shed more light on the scope of its latest crypto crime analyses. New York-based blockchain intelligence firm Chainalysis has launched a new initiative to shed more light on the scope of its latest cryptocurrency crime analyses. Published on May 4, three installments of…
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Top U.S. banks JPMorgan Chase and Goldman Sachs could be talking their clients out of crypto, according to a wealth manager. JPMorgan Chase and Goldman Sachs are advising their clients against Bitcoin (BTC), according to one American wealth manager. Adam Pokornicky, chief operating officer at Digital Asset Investment Management (DAIM), a U.S.-registered investment advisor for…
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The DeFi lending market MakerDAO has updated its governance protocols to prevent another occurrence of forced liquidations that lead to huge losses. The decentralized finance lending market Maker, like many crypto participants, suffered losses during the price collapse of “Black Thursday” on March 12. The price of Ether (ETH) declined by about 50% within 24…
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Peer-to-peer crypto marketplace Paxul is expanding its charitable program to Africa amid the COVID-19 crisis. Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced on May 4 the expansion of its #BuiltWithBitcoin charitable initiative in Africa with the launch of the “Africa Fund.” The fund will use Bitcoin (BTC) donations to purchase essential resources for the fight against…
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VeChain, Mastercard and Alipay are among the heavy hitters backing the new APAC Provenance Council, focused on Australia’s $76 billion of exports to China. VeChain, Mastercard and Alipay are among the heavy hitters backing the new APAC Provenance Council, which has already secured millions in funding for supply chain tracking and financing pilots throughout the…
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The third decade of the third millennium is returning humanity to the gold standard, but this time it will be backed with decentralized ledger technology. When markets are bleeding, investors turn to gold. The celebrated precious metal and former reserve standard of the world’s monetary system is valuable for several reasons, but primarily because it…
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Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin in deposits — worth over $380,000,000 — since its launch back in August 2018. Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin (BTC) in deposits — worth over $380,000,000 — since its launch back in August 2018. With over 100,000 active…
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