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First Mover: Ethereum a Victim of Its Own Success as Fees Soar, Vitalik Complains

Rising congestion on the Ethereum blockchain has driven up transaction fees tenfold this year to the highest since early 2018. That’s pressuring the network’s developers to speed up crucial upgrades, while possibly creating an opening for competitors to lure away project developers. It’s a lucky problem to have, since the congestion

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Major Argentine Telecom Falls Victim to $7.5M Monero Ransomware Attack

Telecom, Argentina's largest telecommunications company, has fallen victim to a ransomware attack. Hackers are demanding $7.5 million in Monero (XMR) — an amount that will rise to $15 million if the company does not pay within 48 hours.Argentina's major telephone company, Telecom, just got hacked. Hackers requesting a ransom of

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Crypto Irony? Bitfinex Claims It Is “the Victim of a Fraud” by Crypto Capital

In an effort to set the records straight, the controversial crypto exchange Bitfinex released a statement on Friday, attempting to disengage itself from the Crypto Capital money laundering saga.The Hong Kong-based cryptocurrency firm made it crystal clear that it is, in fact, a victim of the money laundering case. This

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Bitfinex Calls Itself ‘Victim of a Fraud’ in Response to Recent Arrest

Major global crypto exchange Bitfinex has called itself a “victim of a fraud” in response to the recent arrest of the president of Crypto Capital exchange.Bitfinex will continue to recover lost fundsFollowing the arrest report on Oct. 24, CryptoX received a response statement from Stuart Hoegner, Bitfinex's general counsel,

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