An extraordinary transaction load brought down the TON blockchain. The disruption was interrupted by the arrest of Pavel Durov, the head of Telegram. Durov helped develop TON. The TON blockchain is back online after a mere seven-hour shutdown on Wednesday morning, Asian time. The TON team attributed the outage to an unusual spike in transaction … Read more
Bitcoin is nothing more than a “trump trade” according to the founder of Lekker Capital. The uncertainty of the election denied investors the opportunity to front-run the potential benefits crypto could bring from another Trump term. Quinn Thompson says other factors are bigger cryptocurrency price drivers than the US election. For a while, Bitcoin's price … Read more
CME Launches New Bitcoin Futures Contract Crypto micro futures have become particularly popular in the past few months. The Chicago Mercantile Exchange is launching a new Bitcoin product. By September 30, merchants Can buy Bitcoin Friday futures contracts are worth 1/50th of a bitcoin – or $1,220 each. CME's Micro Ether futures contracts hit four … Read more
French authorities are cracking down on Telegram founder Pavel Durov. A French official said the lack of content regulation was at the heart of the case. The case evokes arguments heard in the Tornado Cash cases. When French authorities detained Telegram founder Pavel Durov this week, it brought bad news to the crypto community. Over … Read more
Tigran Gambarian's family says prison officials refused to give him a wheelchair. His family has accused prison officials of preventing him from contacting lawyers. A Binance executive is awaiting trial on money laundering charges in Nigeria. Ailing Binance executive Tigran Gambarian, who is serving a prison sentence in Nigeria, has refused to use a wheelchair, … Read more
GM, Tim Here. Here's what caught my DeFi-eye recently: Vitalik disses 'ouroboros' DeFi. The $732 million USDD backing the stablecoin will disappear. Everyone is cashing in on memecoin fever. Vitalik vs DeFi Ethereum co-founder Vitalik Buterin ruffled feathers on social media by criticizing one of blockchain's biggest use cases, DeFi. At the heart of the … Read more