News
Avalanche’s HyperSDK blockchain upgrade hits 143K TPS on testnet
Ava Labs is testing a high-throughput framework that will enable developers to build their own virtual machines. Smart contract layer-1 blockchain network Avalanche's testnet has reportedly hit over 140,000 transactions per second during testing of its HyperSDK...
Vitalik Buterin’s X account hacked, draining over $691K from victims’ wallets
Following the breach of Ethereum co-founder Vitalik Buterin's X (formerly Twitter) account, victims allegedly suffered losses exceeding $691,000 due to a malicious link that falsely promoted a free NFT. Vitalik Buterin, co-founder of Ethereum (ETH) has allegedly had...
SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’
The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues. The U.S. Securities and Exchange Commission has submitted a filing urging the court to grant its motion to appeal a ruling...
LBRY decides to fight: Blockchain firm files notice of appeal against SEC
Blockchain-based file-sharing and payment network LBRY is planning to pick up the fight against the federal regulator again after losing the battle in November last year. Blockchain-based file-sharing and payment network LBRY may be reversing course on an earlier...
Ripple Labs chair slams Biden, Gensler for having ‘screwed up’ on crypto
Ripple Labs chair Chris Larsen commented on the recent cases involving Ripple, Grayscale, and the SEC, arguing it is time for Congress to take the lead on crypto policy. The United States’ legal system is set to bring the crypto industry “back in the game” after the...
Colombian Bitcoiner aims to orange-pill coffee lovers one bean at a time
The CEO of Lightning Koffee launched the coffee startup in October with the aim of onboarding Medellín's businesses to Bitcoin. José Luis Garcia is a coffee-lover and entrepreneur trying to make his mark in the city of Medellín — the birthplace of Colombia’s modern...
Micro $3 Bitcoin miners won’t make bank, but that’s not the point: Inventors
Pocket-sized Bitcoin miners are a stand against the “secrecy and exclusivity” of the Bitcoin mining industry, according to their inventors. While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly...
Matter Labs co-founder proposes ‘Ethereum Supreme Court’ for on-chain disputes
The crypto entrepreneur believes it would scare off bad actors and strengthen the state of the Ethereum network. Matter Labs co-founder and CEO Alex Gluchowski has proposed an Ethereum court system resembling a hierarchical court system similar to the real world.In a...
FTX court filing reveals former Alameda CEO’s $2.5M yacht purchase
The payment to the American Yacht Group was disclosed under the category of payments benefiting any insider within one year prior to the crypto exchange collapse. FTX Debtors have disclosed a series of financial statements revealing transactions that benefited company...
MakerDAO co-founder proposes fork of Solana codebase for native chain
Rune Christensen stated that Solana’s codebase should be the foundation of MakerDAO’s upcoming blockchain, as he highlighted that it’s optimized for building “highly efficient blockchains.” MakerDAO co-founder Rune Christensen has submitted a proposal to build the...