Sunday, November 17, 2024
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‘The SEC’s actions have crippled a nascent industry’ — Paradigm requests amicus brief for Coinbase

Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case against the United States Securities and Exchange Commission (SEC).In March, Coinbase received a Wells notice from the SEC, potentially leading to the financial regulator taking enforcement action

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Avalanche Crippled by Bug Triggered by Unusually High Volume, Engineer Says

An Ava Labs engineer gave a rundown of the small code bug that severely crippled the Avalanche blockchain last week. In a Sunday Medium post, blockchain engineer Patrick O’Grady wrote that increased congestion on the network triggered a “non-deterministic bug” related to how the high-throughput, proof-of-stake blockchain keeps track of transactions. Funds

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