Vitalik Buterin reflects on Bitcoin’s block size debate and its impact to Ethereum
May 31, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Vitalik Buterin, co-founder of Ethereum, has shared his reflections on the Bitcoin block size war, a heated debate that took place within the Bitcoin community between 2015 to 2017.The conflict centered on whether to increase the block size limit to accommodate more transactions, thereby reducing fees and enhancing Bitcoin’s utility as a payment system. Buterin […]
Europol shuts down malware dropper ring linked to at least $75M in stolen crypto
May 31, 2024
Jeremy Parkinson
Cryptocurrency, No picture
In a coordinated effort spanning multiple countries, Europol has carried out Operation Endgame, a large-scale crackdown on the malware dropper ecosystem. The operation, led by France, Germany, and the Netherlands, was conducted between May 27 and 29, 2024, and targeted various malware droppers, including IcedID, SystemBC, Pikabot, Smokeloader, Bumblebee, and Trickbot.Investigations revealed that one of […]
Trump meme coins down as NY jury finds former president guilty of felony charges
May 30, 2024
Jeremy Parkinson
Cryptocurrency, No picture
A New York jury found Donald Trump guilty on all 34 counts of falsifying business records to conceal a hush-money payment to adult-film actress Stormy Daniels just before the 2016 election. This verdict makes Trump the first former US president to be convicted of crimes as he faces current US President Joe Biden in November […]
Why Bitcoin’s adoption of Ordinals and BRC-20 is saving it from irrelevance
May 30, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Nic Carter from Castle Island Ventures and Elizabeth Olson, an Ordinals educator, discussed how the adoption of Ordinals and BRC-20 is saving Bitcoin from irrelevance in a recent panel titled “Bitcoin Renaissance” at Consensus, which took place today. “I would actually argue to say that Ordinals and these fungible token standards, like runes, these are […]
Matter Labs’ zero-knowledge trademark bid sparks industry backlash
May 30, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Ethereum projects, including StarkWare, Polyhedra, and Polygon, have condemned Matter Labs’ efforts to trademark the term “zero-knowledge” as its intellectual property.In a joint statement released via GitHub on May 30, notable industry figures argued that zero-knowledge (ZK) technology should remain a public good accessible to everyone.Zero knowledge blockchains have gained popularity as a solution that […]
Vitalik Buterin donates 30 ETH to Tornado Cash legal defense as he develops a ‘compliant’ version
May 30, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Ethereum co-founder Vitalik Buterin has made a significant donation of 30 Ether (approximately $114,000) to support the legal defense of Alexey Pertsev and Roman Storm, the developers behind the controversial crypto mixer Tornado Cash.Simultaneously, Buterin is working on a new Ethereum-based crypto mixer designed to be compliant with anti-money laundering laws.Alexey Pertsev, one of the […]
SEC sets tomorrow as deadline for Ethereum ETF issuers to submit draft S-1 forms
May 30, 2024
Jeremy Parkinson
Cryptocurrency, No picture
The Securities and Exchange Commission (SEC) has requested spot Ethereum exchange-traded fund (ETF) issuers to submit their draft S-1 forms by Friday. The announcement came one day after BlackRock filed an updated S-1 form with the SEC.Two sources familiar with the matter told The Block that the SEC would review and comment on the filings […]
Musk rejects allegations of advising Trump on crypto
May 30, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Elon Musk denied the claims that he’s a crypto advisor for Donald Trump’s presidential campaign mentioned in a recent Bloomberg report. Pretty sure I’ve never discussed crypto with Trump, although I am generally in favor of things that shift power from government to the people, which crypto can do — Elon Musk (@elonmusk) May 30, […]
Bitcoin ETFs approval was a “psychological turning point”: Goldman Sachs
May 30, 2024
Jeremy Parkinson
Cryptocurrency, No picture
The Bitcoin exchange-traded funds (ETF) approval in the US in January was a “big psychological turning point” for crypto, according to Mathew McDermott, Goldman Sachs’ global head of crypto. As reported by Forbes, McDermott highlighted the impact of these ETFs at the Coindesk Consensus conference, adding that Bitcoin ETF “obviously has been an astonishing success.”Given […]
Bitcoin and Ethereum ETFs still off the table for Vanguard – it’s not surprising
May 30, 2024
Jeremy Parkinson
Cryptocurrency, No picture
For Vanguard, crypto assets like Bitcoin and Ethereum are “more of a speculation than an investment,” and chasing speculative assets will never be the fund’s investment philosophy. No doubt Vanguard constantly says no to Bitcoin exchange-traded funds (ETFs). There is no exception for Ethereum ETFs.Earlier this month, Vanguard reportedly appointed ex-BlackRock ETF head Salim Ramji […]