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.
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.
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.
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.
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.
Are cryptocurrency games innocent fun? Or are they Ponzi schemes facing an imminent crackdown by regulators in the United States?