Paxos says it “mistakenly minted” $300T of PayPal's PYUSD stablecoin on October 15 on the Ethereum blockchain and then “burned” the tokens 20+ minutes later
Crypto industry observers were baffled Wednesday afternoon when an on-chain transaction showed that Paxos …
Ethereum is grappling with uncertainties as its reliance on Layer-2 blockchains grows, leading to lower fee collection, while rivals like Solana gain ground
- The blockchain has seen fees slide after technical upgrades — Criticisms have weighed on Ether, which has underperformed
Ethereum is grappling with uncertainties as its reliance on Layer-2 blockchains grows, leading to lower fee collection, while rivals like Solana gain ground
- The blockchain has seen fees slide after technical upgrades — Criticisms have weighed on Ether, which has underperformed
The US SEC sends decentralized crypto exchange Uniswap a Wells notice warning that the agency intends to bring an enforcement action against the company
The Securities and Exchange Commission warned Uniswap on Wednesday that it intends to bring an enforcement action against the company …
OpenAI's Ilya Sutskever “deeply regret[s]” participating “in the board's actions” and says he “never intended to harm OpenAI” and wants to “reunite the company”
I deeply regret my participation in the board's actions. I never intended to harm OpenAI. I love everything we've built together and I will do everything I can to reunite the compa...
Satya Nadella says Sam Altman, Greg Brockman, and OpenAI staff will join Microsoft's new “advanced AI research team” and Microsoft remains committed to OpenAI
Microsoft has hired OpenAI co-founders Sam Altman and Greg Brockman to head up a “new advanced AI research team,” …
PayPal debuts PYUSD, a Paxos-issued stablecoin and fully backed by USD deposits, short-term Treasuries, and cash equivalents, rolling out to US users gradually
Press Releases — McHenry Statement on PayPal Announcing Launch of Payment Stablecoin Shaurya Malwa / CoinDesk : PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum ...
In an open letter, Cameron Winklevoss accuses Digital Currency Group CEO Barry Silbert of engaging in “bad faith stall tactics” after Genesis halted withdrawals
Founder and CEO of Digital Currency Group Vignesh Karunanidhi / Watcher Guru : Cameron Winklevoss Accuses Barry Silbert of “Bad Faith Stall Tactics” Walter O'Leary / LinkedIn : Wal...
By Oct. 14, 51% of the blocks produced for Ethereum's blockchain adhered to the US Treasury's OFAC compliance recommendations that ban Tornado Cash transactions
Censorship has been a growing concern within the Ethereum ecosystem, especially since the advent of MEV-Boost after the Merge.
Ethereum activates its long-awaited Merge upgrade, in development since 2020, and transactions are now being processed under proof of stake
First off, thank you for reading and as always, nothing you read or hear of my content is ever financial advice. Ryan Whitwam / ExtremeTech : Ethereum Switches to Proof-of-Stake, W...
Speaking hours after Ethereum's Merge update, SEC Chair Gary Gensler says cryptocurrencies that let holders stake coins may be subject to US securities laws
SEC chairman says system used by ether following software update could trigger securities laws — WASHINGTON—Ethereum's big software update …
Ethereum activates its long-awaited Merge upgrade, in development since 2020, and transactions are now being processed under proof of stake
- The Merge upgrade is transitioning Ethereum from proof of work to proof of stake. — The Merge is one of the largest technological events in the industry to date.
The US Treasury sanctions crypto mixing service Tornado Cash and 44 related ETH and USDC wallets, citing their use in high-profile hacks, such as by North Korea
- The Treasury is sanctioning DeFi mixing service, Tornado Cash. — The move is the agency's second sanction of a mixing service. Source: U.S. Department … .
ConsenSys launches a pilot “staking-as-a-service” tool, with customers including Binance, ahead of proof-of-stake tech being rolled out with Ethereum 2.0
Ian Allison / CoinDesk :