Blockchain

On March 14, the bank Anchorage Digital announced the layoff of 20% of its workers due to the crypto winter and regulatory uncertainty in the US. According to the official statement, the departure of 75 of its employees (approximately 20% of its team) is necessary to focus its resources on other essential processes. This is the latest development in a series of events that have affected both the banking and the crypto industry as a whole. 2023 has been marked by the closures...

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The Commodity Futures Trading Commission (CFTC) announced the addition of key industry members to the newly constituted Technology Advisory Committee (TAC). The official press release stated that the agency has appointed White House official Carole House as the new chair, while blockchain analysis company TRM Labs’ Ari Redboard has been onboarded as the vice chair of its Technology Advisory Committee. Committee Members The Technology Advisory Committee will be joined by...

Blockchain security firm, Halborn has detected several critical and exploitable vulnerabilities impacting more than 280 networks, including Litecoin (LTC) and Zcash (ZEC). Code-named “Rab13s,” this vulnerability has put over $25 billion of digital assets at risk. This was first detected in the Dogecoin network a year ago, which was then fixed by the team behind the premier memecoin. 51% Attacks and Other Issues According to the official blog post, Holborn researchers...

Patrick Duffy – a certified public accountant (CPA) – is just one of several people in the Bay Area (San Francisco, CA) that appears to have fallen victim to heavy crypto fraud purportedly being conducted by a firm known as 7 On Your Side. Patrick Duffy Has Lost Some Cash Duffy commented in a recent interview that he’s been involved in digital currency for a little while, though he hasn’t actually invested in any specific assets. Rather, he’s put money into crypto and...

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