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Competition For Ethereum? Google Cloud Unveils Layer-1 Blockchain
ByRicardoEthereum’s place because the default smart-contract settlement layer for tokenized finance is dealing with a brand new take a look at after Google Cloud revealed plans for a Layer-1 community—Google Cloud Common Ledger (GCUL)—explicitly aimed toward monetary establishments and programmable with Python. Google Cloud Enters The Area In a LinkedIn post, Wealthy Widmann, Google Cloud’s…
Autumn stress test for the crypto market: A correction or a new market paradigm
ByRicardoThe following is a visitor put up and opinion from Volodymyr Nosov, Founder and President at W Group, CEO at WhiteBIT. For the second consecutive month, the cryptocurrency market has been in decline. A almost 30% correction since early October — roughly $1.2 trillion in market capitalization — raises questions on the depth of this…
Cardano sidechain Midnight starts token distribution to ADA, XRP, BTC holders
ByRicardoCardano privacy-focused sidechain Midnight Network has opened the Claim Phase of its NIGHT tokens. Dubbed “Glacier Drop,” this phase will distribute NIGHT tokens to eligible wallets across eight blockchain ecosystems, according to an August 5 announcement. The launch follows publication of Midnight’s tokenomics paper earlier this summer, which set out the network’s distribution model and…
$538M stolen by drainers: ETH & SOL wallets unite with real-time phishing blocks
ByRicardoSEAL, the nonprofit safety group that has disrupted crypto drainer operations since late 2023, launched a real-time phishing protection community on Oct. 22 in partnership with MetaMask, WalletConnect, Backpack, and Phantom. The coalition deploys Verifiable Phishing Reports know-how, which allows customers to submit cryptographically attested proof of malicious websites, thereby bypassing the handbook assessment bottleneck…
Crypto Tax Crackdown Intensifies As UK Regulator Sends 65,000 Letters To Evaders — Details
ByRicardoAccording to a latest report, the United Kingdom tax authority has despatched out tens of hundreds of “nudge letters” to people suspected of owing or underreporting taxes on their crypto asset features. This transfer displays the elevated tax scrutiny of cryptocurrency traders all over the world over the previous 12 months. UK Tax Regulator To…
NYC Crypto Torture Case: Accused Set Free After Posting $1M Bail
ByRicardoAn accused torturer walked free this week after two months behind bars. According to a report, 37-year-old John Woeltz left Rikers Island on a $1 million bond this Thursday. His alleged partner, 33-year-old William Duplessie, remains in custody. Alleged Kidnapping And Brutality Based on reports, Woeltz and Duplessie forced Italian crypto trader Michael Valentino Teofrasto…
