Ethereum co-creator Vitalik Buterin has a plan to scale the Ethereum network to accommodate a ~3,200 percent increase in transactions without the use of second-layer technologies such as Plasma. Buterin: ZK-SNARKS Could Help ETH Scale to 500 tx/s Writing on an ETH research forum in a post originally published on Saturday, Buterin said that Ethereum can borrow […]

Harry Zhou, former general counsel and compliance officer for Huobi US, spoke with CCN about the latest report from New York’s attorney general on cryptocurrency exchanges. Zhou helped set up the legal framework in New York for cryptocurrency exchanges, namely the application and regulations for the BitLicense. He represented Huobi for comments on the BitLicense proposal and is […]

One of the world’s largest cryptocurrency and bitcoin mining companies, Bitman’s Antpool, has entered into a sponsorship agreement with popular NBA team Houston Rockets. A Step Towards Expansion The partnership signed by both outfits is for the 2018-2019 professional season and will stand out as one of the significant moves by the China-based company towards […]

U.S. Securities and Exchange Commission (SEC) co-director of enforcement Stephanie Avakian mentioned in a Sept. 20 speech that the regulatory agency is most likely going to recommend “more substantial remedies” against those who fail to follow proper initial coin offering (ICO) registration requirements in the future According to a transcript of the speech posted on the SEC’s […]

TOKYO  – Japanese cryptocurrency firm Tech Bureau Corp said about $60 million in digital currencies were stolen from its exchange, highlighting the industry’s vulnerability despite recent efforts by authorities to make it more secure. Tech Bureau, which had already been slapped with two business improvement orders by regulators this year, said its Zaif exchange was […]

Illicit cryptocurrency mining has been surging over the past year, in part due to a leaked software tool from the US National Security Agency, researchers said Wednesday. A report by the Cyber Threat Alliance, an association of cybersecurity firms and experts, said it detected a 459 percent increase in the past year of illicit crypto […]

An Initial Coin Offering (ICO) framework proposed by French financial market regulators AMF(l’Autorité des marchés financiers) has been accepted in parliament. France’s Minister for the Economy and Finance, Bruno Le Maire, confirmed the acceptance of the legal ICO framework in a recent tweet. The ICO framework drafted back in March seeks to protect investors by introducing a voluntary “ICO […]

Dubai Police currently investigating a Dh 300 million ($81.7 million) international fraud case have issued a warning about the potential role of digital assets in terms of facilitating crime in the UAE. Speaking at a forum on Sunday September 16, Major-General Khalil Ibrahim Al Mansouri, assistant-commander of criminal investigation department (CID) at the Dubai Police warned […]

Especially during turbulent times, stablecoins are becoming a very important part of the overall crypto asset ecosystem. While the prices of tokens on exchanges have a tendency to fluctuate wildly (and often in a highly correlated manner), stablecoins are designed to keep a steady store of value, allowing crypto traders and investors to mitigate risk […]

Elon Musk, the acclaimed founder and CEO of Tesla and SpaceX, recently reached out to Dogecoin creator and Adobe product lead Jackson Palmer to eliminate Ethereum giveaway scammers on Twitter. For many months, ETH giveaway scams have plagued Twitter by spamming messages on the feed of public figures in and outside of the crypto sector […]