Could Ethereum Developer Virgil Griffith Return to Jail?
U.S. prosecutors suggest former Ethereum developer Virgil Griffith, who officials charged in 2019 with violating U.S. sanctions law in North Korea, return to jail for disobeying his bail conditions.
Is Solana Better Than Ethereum?
Australia-based blockchain company Power Ledger is migrating to Solana from Ethereum in search of higher speed and scalability. "The Hash" hosts discuss Solana as a rising protocol looking to take on Ethereum's dominance in the DeFi space. "Ethereum's very likely to be the winner here," host Adam B. Levine said, despite Solana's advantage over transaction speed.
Virgil Griffith Should Return to Jail Pending Trial, Prosecutors Tell Judge
Virgil Griffith, the Ethereum developer charged with violating U.S. sanctions law in North Korea, has violated his bail conditions and should be returned to jail, U.S. prosecutors said Friday in a letter filed to the court. CoinDesk's Nikhilesh De discusses why this is a case to continue to watch. Plus, the latest updates on global enforcement actions against Binance.
Key Findings From CoinDesk’s Q2 Research
CoinDesk Research Associate George Kaloudis says, “we’re in a bear market,” pointing to a chart depicting bitcoin’s bear and bull cycles over the past six years. He also compares the Q2 performance of the “CoinDesk 20” top assets, noting the divergence between ethereum’s gains and bitcoin’s losses. “That almost never happens,” he said.
USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling
The circulating supply of stablecoin USD coin (USDC) on Justin Sun's Tron blockchain has surpassed 108 million in less than a month. Some say this indicates that crypto traders are increasingly turning to blockchains that provide cheaper transaction fees with faster speed than what's found on Ethereum. "The Hash" hosts explore the continuing growth of stablecoins and whether USDC is set to defeat tether (USDT) as the dominant stablecoin.
IBC Group Moves Out of China, Pavilions Hotels to Accept Crypto
IBC Group to end Bitcoin and Ethereum mining in China. The Pavilions Hotels and Resorts to accept crypto. Blockchain leads to rise of crypto natives. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Is Now the Time to Buy Bitcoin?
QCP Capital Co-Founder and CIO Darius Sit discusses mixed signals for bitcoin and whether this is a smart time to invest now. “Bitcoin is “the king coin,” Sit said. While Ethereum can potentially trade higher than bitcoin, he said he believes that bitcoin will hold value better in the long run.
Stablecoins to Watch: USDC Could Expand to 10 More Blockchains
USD coin (USDC), a stablecoin currently on four blockchain networks with a market cap of $25 billion, could soon be on as many as 10 more networks, including Tezos. USDC is an Ethereum-based stablecoin managed by the CENTRE consortium, started by fintech firm Circle and crypto exchange Coinbase.