Polygon co-founder steps down, will contribute ‘from the sidelines’
VibcryptoJaynti Kanani, the co-founder of Polygon, announced that he has stepped back “from the day-to-day grind” on the project for the first time in six years.In an Oct. 4 X…
An on-the-ground report – Cointelegraph Magazine
In Cuba’s capital, Havana, a Bitcoin community has emerged from an economically antagonistic environment.“Satoshi didn’t create Bitcoin for Cubans, but it really comes in handy for us,” Forte, co-founder of…
Alameda sent $4.1B of FTT tokens to FTX before crash: Nansen report
Blockchain data analysts from Nansen have revisited the days leading up to the collapse of FTX, including the transfer of $4.1 billion worth of FTT tokens between the exchange and…
El Salvador launches first Bitcoin mining pool as Volcano Energy partners with Luxor
El Salvador officially launched its first local Bitcoin (BTC) mining pool as the Volcano Energy project begins mining blocks through Lava Pool in partnership with Luxor Technology.The Bitcoin-friendly country’s $1…
BIS, EU central banks building data platform to track crypto, DeFi flows
The Bank of International Settlements (BIS) has developed a proof of concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains including Bitcoin.Working with…
DoJ says lack of US crypto laws no bar to FTX-SBF charges
The United States Department of Justice filed a court motion on Oct. 4 claiming the lack of crypto regulations in the U.S. is no bar to the criminal charges filed…
What is the CryptoNight mining algorithm, and how does it work?
Understanding mining algorithms Mining algorithms are the backbone of blockchain-based networks like Bitcoin and other protocols. In blockchain technology, mining algorithms are necessary for transaction verification and network security. A mining…
Friend.tech users blame SIM swaps after more than 100 ETH drained in a week
Friend.tech users are warning of possible SIM-swap attacks after a recent spate of supposed hacks resulting in nearly 109 Ether (ETH) worth around $178,000 being drained from four users in…
UAE dirham stablecoin DRAM launches on Uniswap, PancakeSwap
A former Massachusetts Institute of Technology (MIT) alumnus and SoftBank executive has launched a dirham-backed stablecoin that aims to give countries plagued by high inflation environments exposure to assets linked…
Cardano stablecoin project gambled away investors’ money before rug: Report
In 2021, Ardana Labs claimed it would provide an innovative stablecoin platform for the Cardano network. The new project, called “Ardana,” would allow investors to lock up crypto collateral and…