Month: August 2024

 Sony Block Solutions Labs, a year-old joint venture between Sony Group and Startale, has introduced an Ethereum Layer-2 blockchain to lure app developers across various sectors.

Spaces Protocol founder Mike Carson argues that in light of the recent Squarespace DNS attack, domains should be decentralized and put on the blockchain.

Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users.

As digital currencies continue to gain popularity worldwide, the risk of related economic crimes also increases.

A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws. 

If Bitcoin fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken, but some aren’t as pessimistic.

Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security.

United States prosecutors announced nearly $5 million worth of Tether (USDT) has been seized from a crypto scammer, while in Kansas, a former bank CEO is going to jail for embezzlement.

Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multi-billion-dollar crypto scheme. 

Ethereum’s Dencun upgrade has “greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions.