September 2022

Cross-chain Bridging is Broken – But We Know How to Fix It

Leave a Comment / Asia Blockchain Association, Blockchain News, Business, Crypto Market, Crypto/Blockchain, Cryptocurrency, Cryptocurrency Guides / Forks Daily

Kadan Stadelmann is the Chief Technology Officer (CTO) of Komodo (KMD), a decentralized, open-source blockchain and a major player in blockchain interoperability and atomic swap technology. __________ 2022 has illuminated problems in cross-chain bridge architecture As of August 2022, there’s been $2 billion total in crypto losses, with 69% of stolen crypto funds originating from hacking protocols […]

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Crypto Giant Coinbase Facing $350,000,000 Lawsuit for Allegedly Infringing on Technology Patent

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Top US crypto exchange Coinbase is facing a lawsuit alleging that the firm has been infringing a patent for a value transfer technology. According to a filing in a Delaware court, Veritaseum Capital is seeking $350 million in damages from Coinbase under the claim that the exchange is using its patent to facilitate several of its services,

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Benjamin Cowen: ‘Regulatory Concerns for the Altcoin Market’ Could Make Alts ‘Go Down a Lot’

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Recently, crypto analyst Dr. Benjamin Cowen, who is the Founder and CEO of Into The Cryptoverse (ITC), expressed his concerns about the expected upcoming regulatory crackdown on crypto in the U.S. Cowen’s comments were made on September 16 during an interview on YouTube series “Digital Asset News”. According to a report by The Daily Hodl, he said: “I do

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Will these Solana [SOL] updates finally be enough to push the price

Leave a Comment / Altcoin, Altcoins / Forks Daily

At the time of writing, Solana’s (SOL) seven-day performance was pretty sluggish as it failed to register any promising gains. Though the prevailing crypto-market is a factor behind this performance, there might be other reasons as well. Nonetheless, there have been several positive developments in the Solana ecosystem that have the potential to change SOL’s fate.

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Ethereum Sees 98% Decrease in ETH Issuance Since Merge

Leave a Comment / Ethereum News / Forks Daily

The number of Ethereum being issued daily has drastically been cut since the Merge, on-chain data show, suggesting that the asset is on its way to becoming deflationary. According to data from Ultra Sound Money, Ethereum’s issuance rate has fallen by 98% since the Merge. Since its transition, the network’s supply has grown by 7,385.47 ETH, whereas if it were

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CoinFlex creditors overwhelmingly back restructuring plan in early voting

Leave a Comment / Altcoin, Asia Blockchain Association, Blockchain News, Business, Crypto/Blockchain, Global News, Hot News, Public Finance, Regulation, Stablecoins / Forks Daily

QUICK TAKE CoinFlex’s creditors have overwhelmingly backed the crypto exchange’s restructuring plans in the early hours of voting on the proposals. The company plans to turn over 65% of its equity to creditors and vest 15% to employees. CoinFlex’s creditors have overwhelmingly backed the Seychelles-based crypto exchange’s restructuring plans in the early hours of voting on the

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Crypto License Bill Vetoed by California Governor Gavin Newsom in Win for Industry

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The crypto industry has scored a win with California Governor Gavin Newsom vetoing a bill that would establish a licensing and regulatory framework for digital assets. Dubbed Assembly Bill 2269, the bill aimed to create a licensing regime for anyone hoping to facilitate crypto transactions, topping the existing regulatory hurdles that players in the crypto ecosystem

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Bitcoin risks worst weekly close since 2020 as BTC price dices with $19K

There’s little to smile about for Bitcoin bulls as the weekly candle nears completion at nearly the same place as two years ago. MARKET UPDATE Bitcoin (BTC) headed for its lowest weekly close since 2020 on Sep. 25 as a week of macro turmoil took its toll. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Bitcoin risks worst weekly close since 2020 as BTC price dices with $19K Read More »

How Long Will U.S. Dollar Index (DXY) Continue to Rise?

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The US Dollar Index (DXY) continues its parabolic rise. While it increased by 3% this week, commentators are asking when and at what level the dominance of the US currency will end. The strong dollar translates into a weak performance of other global currencies, traditional markets, and cryptocurrencies. The Federal Reserve (Fed) continues its policy

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IRS Can Now Hunt Down America’s Crypto Tax Evaders After Landmark Ruling

Leave a Comment / Asia Blockchain Association, Blockchain News, Business, Crypto/Blockchain, Cryptocurrency, Cryptocurrency Guides, Global News, Hot News, Hot Stories, Public Finance, Regulation / Forks Daily

The Internal Revenue Service (IRS) has received authorization from a U.S. district judge to sniff out individuals who attempt to sidestep taxes on their cryptocurrency transactions. The order comes at a time when digital asset adoption is seeing a surge, and the number of crypto tax evaders is subsequently increasing. A press release from the United States

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Cross-chain Bridging is Broken – But We Know How to Fix It

Crypto Giant Coinbase Facing $350,000,000 Lawsuit for Allegedly Infringing on Technology Patent

Will these Solana [SOL] updates finally be enough to push the price

Ethereum Sees 98% Decrease in ETH Issuance Since Merge

CoinFlex creditors overwhelmingly back restructuring plan in early voting

Crypto License Bill Vetoed by California Governor Gavin Newsom in Win for Industry

IRS Can Now Hunt Down America’s Crypto Tax Evaders After Landmark Ruling

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