Crypto News
Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year
Authorities in the energy-rich Russian region of Irkutsk have imposed hefty fines on crypto miners this year for illegal use of electricity to produce digital currencies. Power utilities have also filed hundreds of lawsuits, a report reveals, quoting prosecutors.
bitcoin.com
Ethereum Bug Bounty Rewards Jump by 4x Ahead of Merge Upgrade
As Ethereum developers gear for the Merge upgrade next month, the Ethereum Foundation wants to make sure that there are no bugs that remain unaddressed. As a result, the Ethereum Foundation has literally quadrupled the bug bounty rewards for friendly hackers who would discover any important bugs in the Ethereum code.
coingape.com
Vitalik: People still 'underrate' the superiority of crypto payments
Ethereum co-founder Vitalik Buterin suggests the superiority of cryptocurrency for payments is often "underrated" compared to fiat, pointing to the convenience of international payments and payments to charities as key examples.
cointelegraph.com
It's a go! Uniswap Foundation becomes reality after 86M votes in favor
The $74 million plan by two former Uniswap Lab executives for a new Uniswap Foundation has just become reality after their proposal received over 99% of the votes from UNI token holders.
cointelegraph.com
Cybercriminals Have Stolen Over $100 Million in NFTs: Report
Over $100 million in NFTs have been stolen in the last year, according to a new report by blockchain analysis firm Elliptic. The report released on Wednesday, "NFTs and Financial Crime," covers nefarious crypto activity between July 2021 to July 2022.
decrypt.co
GameFi developers could be facing big fines and hard time
Are cryptocurrency games innocent fun? Or are they Ponzi schemes facing an imminent crackdown by regulators in the United States?
cointelegraph.com