Latest Crypto News
“This proposal for a new P2P protocol version (v2) aims to improve upon this by raising the costs for performing these attacks substantially, primarily through the use of unauthenticated, opportunistic transport encryption,” according to the proposal. A key benefit is that “encryption, even when it is unauthenticated and only used when both endpoints support v2,…
Solana, the layer-1 smart-contract blockchain, has seen its SOL token jump sixfold this year, vastly outperforming its dominant rival, Ethereum, whose ether (ETH) is up just 92%. According to the digital-asset analysis firm Messari, the gains for Solana have coincided with signs of strong transactional activity on the network: Weekly active addresses on Solana have…
JPMorgan Chase CEO Jamie Dimon has never been shy about trashing crypto, even while his giant Wall Street bank became a leader in using blockchain technology to move billions. At a U.S. Senate hearing Wednesday, he slammed the industry again, to the delight of Sen. Elizabeth Warren (D-Mass.), who is trying to impose restrictions to…
Another crypto bill has cleared the goal posts of a committee in the U.S. House of Representatives, with the unanimous approval of legislation that would direct the U.S. Secretary of Commerce to support blockchain technology. Source link
Anatoly Legkodymov, a co-founder of Hong Kong-based crypto exchange Bitzlato, pleaded guilty to operating an unlicensed money transmitter tied to allegations that the exchange processed funds from ransomware attacks, illicit drug deals and other crimes, U.S. officials announced Wednesday. Source link
Binance, which pleaded guilty to three charges, including one sanctions-related charge, has to allow monitors who can report back to the Department of Justice and the Treasury Department as part of its plea deal, which also saw it agree to pay a massive $4.3 billion fine. Richard Teng, a former director at Binance, has taken…
Republican leadership contender Vivek Ramaswamy got the first crypto question. Source link
Over 1,000 bitcoins from an early miner were moved to trading desks and custodian services on Dec. 4, on-chain data firm CryptoQuant shared with CoinDesk in a Thursday report. These tokens were previously moved 13 years ago, between August and November 2010, and were mined from block rewards at an estimated total cost of $100….
“We have to decide if there’s a place for a smart wallet, a much cheaper version that an iPhone user could use as a secondary device. We haven’t seen a ton of signal whether that’s a compelling enough thing to sell 50,000 units,” he said, saying that this was the magic number to determine the…
GEC token prices have more than quadrupled in the past week, while XI tokens are up 35% in the same period. Source link
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