Sunday, November 17, 2024
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Polygon, Matter Labs, Nil Said to Be in Running for Kraken Layer-2 Blockchain

"We are enthusiastic about open source, layer-2 technologies, zero-knowledge proofs, multi-party computation, and continuously strive to explore the potential of on-chain scaling solutions," the job description reads. "The team has recently embarked on exploring how more protocols and decentralized applications can be integrated into Kraken." Source

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Proof Group, Member of Celsius-Winning Fahrenheit Consortium, Is in the Running to Reboot Crypto Exchange FTX: Sources

There are many moving parts in the FTX bankruptcy, and a restart would have to deal with various aspects of claims, token lockups and compliance issues. The process is not straightforward. Bankrupt crypto lender Voyager attracted a number of hopeful bidders looking to restructure the firm, offer tokens to creditors

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FBI charges 6 for running $30m crypto ring

The FBI has charged six individuals over allegations of running an unlicensed crypto money-transmitting operation in New York. According to an unsealed affidavit of FBI special agent Lawrence Lonergan, six people, Naineshkumar Patel, Nileshkumar Patel and Raju Patel, Shaileshkumar Goyani, Brijeshkumar Patel, and Hirenkumar Patel, operated an illegal money transmitting business

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Vitalik Buterin on fix for Ethereum centralization — make running nodes easier

The centralization of nodes is one of the biggest problems facing the Ethereum network and should be addressed by making the running of nodes cheaper and easier, according to Ethereum co-founder Vitalik Buterin.Currently, the majority of the 5,901 active Ethereum nodes are being run through centralized web providers like Amazon

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Borneo authorities seize illegal crypto miners running off stolen power

Authorities in the town of Miri on the island of Borneo shut down an illegal cryptocurrency mining operation and seized equipment following a tip-off from the public.According to local news outlet The Borneo Post, Sarawak Energy discovered the operation, which included 34 cryptocurrency mining servers operating using stolen electricity through cable

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