Rollups Are ‘Copies of the EVM,’ Not True Scaling Solutions, Says Developer
According to Adrian Brink, co-founder of Anoma and Namada, rollups offer little new functionality beyond the Ethereum Virtual Machine (EVM)....
Month: September 2024
Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute
A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of...
Crypto Hacks and Scams Cost $300 Million in August
In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered,...
Dogecoin Manipulation Lawsuit Against Elon Musk and Tesla Dismissed
Elon Musk and Tesla Inc. successfully had a lawsuit dismissed that accused them of manipulating the price of dogecoin (DOGE)...
Tanzania Reportedly Blocks X Amid Opposition Crackdown
The East African nation of Tanzania has reportedly restricted access to the social media platform X (formerly Twitter). This ongoing...
Crypto losses to hacks exceed $313M in August
The two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million.
Google Chrome Vulnerability Exploited by North Korean Hackers, Microsoft Warns
Microsoft recently detected a North Korean cyber group, Citrine Sleet, exploiting a security vulnerability in Chromium-based browsers, including Google Chrome....
Payments in National Currencies Surge to 92% Among SCO Members
Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling...
Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade
Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction...
Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates
Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further...
