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Researchers say they discovered consensus level attack on Ethereum — miners cheating the system to earn more

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Posted on August 6, 2022

A research paper published by The Hebrew University in Israel reports having discovered the “first evidence of a consensus-level attack on a major cryptocurrency.” The paper is currently awaiting peer review but utilizes publicly available on-chain data and Ethereum’s open source codebase to affirm its conclusions. At its core, the paper highlights an issue where

Hodler’s Digest, July 31-Aug 6

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Posted on August 6, 2022

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Crypto fundraising hits $30.3B in H1, outpacing all of

Vitalik Buterin calls out ETHW hard fork proponents as “trying to make a quick buck”

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Posted on August 5, 2022

Speaking in a closed press conference during South Korea Blockchain Week, Ethereum founder, Vitalik Buterin, called people pushing for a hard fork of Ethereum to retain proof-of-stake “simply trying to make a quick buck.” Justin Sun recently announced support for a hard fork of Ethereum post-merge by listing two new tokens on his Poloniex exchange.

Riot Blockchain Bitcoin production drops 28% YOY in July; offsets energy costs by curtailing some operations

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Posted on August 3, 2022

Riot Blockchain, one of the world’s largest Bitcoin mining companies, said Aug. 3 that it mined 318 Bitcoin (BTC) in July, a decrease of around 28.21% compared to the same month in 2021 when it mined 443 BTC. The mining firm attributed the decrease in mining to the curtailment of some operations due to the increasing

A decentralized future for fans and Hollywood – Cointelegraph Magazine

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Posted on August 3, 2022

The traditional film industry is one of the most centralized and traditional of them all. Just a handful of movie studios and streaming conglomerates control the lion’s share of the global film market. But nonfungible tokens (NFTs) and a growing crypto-centric community of enthusiastic filmmakers might just disrupt the industry. Some independent projects offer a

How much enforcement is too much? – Cointelegraph Magazine

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Posted on August 1, 2022

Many blockchain companies now believe that regulation is inevitable, but there’s a growing debate over where to draw the line between protecting users and strangling the lifeblood out of the industry — or forcing it outside the United States. “Whether we like it or not, regulation is coming,” Sheila Warren of the Crypto Council for

6 Questions for Kim Hamilton Duffy of Centre – Cointelegraph Magazine

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Posted on July 31, 2022

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Kim Hamilton Duffy, director of identity and standards at Centre Consortium — an open-source technology project designed to

Crypto pumps after Fed rate hike, Zuck pins hopes on Metaverse making hundreds of billions, and Tesla posts $64M BTC gain: Hodler’s Digest, July 24-30

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Posted on July 30, 2022

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week ‘Bullish rate hike’ — Why crypto spiked in the

Ripple’s XRP-Powered Cross-Border Payment Product Sees 800% Growth Despite Ongoing SEC Lawsuit

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Posted on July 30, 2022

Ripple’s XRP-powered, cross-border payment product has seen massive growth in volume year-on-year (YoY) despite the company’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). In the second quarter of 2022, the payment product called On-Demand Liquidity (ODL) had a 9x growth in volume YoY, according to a new market report from Ripple.

Bitcoin mining — What are the true climate change risks?

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Posted on July 29, 2022

The European Central Bank (ECB) published a report on July 14 that covered many points related to Bitcoin and Ethereum mining, including energy consumption and Proof-of-Stake (PoS) as an alternative mechanism. The report, titled “Mining the environment – is climate risk priced into crypto-assets?,” determined that Proof-of-Work (PoW) mining cannot co-exist with “the green transition”

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