Time and money are largely interchangeable terms. - Winston S. Churchill

William

William

Bitcoin Testnet Disrupted by Developer's Actions: Jameson Lopp Generates Over 165,000 Blocks in One Week, Causing Stability Issues and Stirring Community Debate

Bitcoin Testnet Disrupted by Developer's Actions: Jameson Lopp Generates Over 165,000 Blocks in One Week, Causing Stability Issues and Stirring Community Debate

In a surprising turn of events, Jameson Lopp, the co-founder and chief security officer of the Casa platform, has caused a significant disruption in the Bitcoin testnet by generating more than 165,000 blocks within just one week. This amount of activity, which would typically take around three years under

Consensys Outlines Four Key Reasons Why Ethereum is Not Considered a Security

Consensys Outlines Four Key Reasons Why Ethereum is Not Considered a Security

In an industry where the classification of cryptocurrencies can greatly affect their regulation and usage, Ethereum's status remains a hot topic. A representative from Consensys, the company behind the widely-used MetaMask wallet, recently highlighted four pivotal reasons supporting the argument that Ethereum should not be classified as a security. This

U.S. SEC Files Lawsuit Against Bitcoin Miner Geosyn and Co-founders for Alleged Fraud and Unlicensed Securities Distribution

U.S. SEC Files Lawsuit Against Bitcoin Miner Geosyn and Co-founders for Alleged Fraud and Unlicensed Securities Distribution

The United States Securities and Exchange Commission (SEC) has launched a lawsuit against the bitcoin mining company Geosyn and its co-founders, Caleb Ward and Jeremy McNatt. The SEC accuses them of engaging in fraudulent activities and distributing securities without proper licensing. According to the SEC, from November 2021 to December

Justin Bieber's NFT Portfolio Takes a Steep Dive, Dropping by 94.7% in Value

Justin Bieber's NFT Portfolio Takes a Steep Dive, Dropping by 94.7% in Value

The volatile world of digital assets has seen its fair share of ups and downs, and the latest victim of this unpredictability is none other than pop sensation Justin Bieber. A recent report from Arkham Intelligence has revealed that Bieber’s investment in non-fungible tokens (NFTs) has faced a significant

LayerZero Announces Token Generation Event for the First Half of 2024; Prepares for Stargate v2 Update

LayerZero Announces Token Generation Event for the First Half of 2024; Prepares for Stargate v2 Update

LayerZero, a pioneering team in the development of cross-chain compatibility protocols, has announced a Token Generation Event (TGE) scheduled for the first half of 2024. The announcement promises the distribution of ZRO tokens, which are set to play a central role in the protocol's ecosystem. The CEO of LayerZero Labs,

SEC Demands $5.2 Billion in Damages and Fines from Terraform Labs and Do Kwon Following Fraud Conviction

SEC Demands $5.2 Billion in Damages and Fines from Terraform Labs and Do Kwon Following Fraud Conviction

The Securities and Exchange Commission (SEC) has formally requested that Terraform Labs and its co-founder, Do Kwon, pay a staggering $5.2 billion. This demand follows a legal finding of fraud against them, as the fallout from the collapse of the Terra ecosystem continues to unravel. On April 5, 2024,

Bitcoin Miners May Pivot to AI Post-Halving Due to Rising Operational Costs, CoinShares Report Suggests

Bitcoin Miners May Pivot to AI Post-Halving Due to Rising Operational Costs, CoinShares Report Suggests

As the next Bitcoin halving approaches, a report from CoinShares indicates that many miners might switch their focus from cryptocurrency to the burgeoning field of Artificial Intelligence (AI) due to escalating operational expenses. The halving event, expected to significantly increase the cost of mining a single Bitcoin, could drive miners

Over 40% of Solana Ecosystem Presales Halted Further Development, Raising Concerns Over $26.7 Million Lost to Scams

Over 40% of Solana Ecosystem Presales Halted Further Development, Raising Concerns Over $26.7 Million Lost to Scams

In a recent expose, independent on-chain analyst ZachXBT has brought to light concerning trends within the Solana ecosystem, revealing that a significant portion of token presales has ended in scams and halted projects, putting investors' money at risk. According to ZachXBT, more than 40% of the projects ceased further development

Grayscale Representative Predicts Approval of Altcoin-Based ETFs within Two to Three Years

Grayscale Representative Predicts Approval of Altcoin-Based ETFs within Two to Three Years

During a recent discussion, a spokesperson from Grayscale's investment team, David LaValle, confidently expressed his belief that exchange-traded funds (ETFs) based on cryptocurrencies other than Bitcoin and Ethereum are likely to be approved within the next two to three years. This statement was reported by The Block and marks a

Two Top Executives Depart from Crypto Exchange OKX

Two Top Executives Depart from Crypto Exchange OKX

The cryptocurrency exchange OKX has recently seen the departure of two of its top executives, as reported by CoinDesk. Tim Byun, the head of government relations, and Wei Lan, the head of product, have both left the company. The specific reasons behind their resignations remain undisclosed. Tim Byun has a