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Cryptocurrency exchange giant Coinbase has recently announced its plans to diversify its execution clients in response to concerns over the dominance of the go-Ethereum (Geth) platform. This move comes as Coinbase acknowledges the growth of the industry and seeks to address the potential security risks posed by relying heavily on a single execution client. Seeking
Blockchain network Socket recently made an announcement that left the crypto community pleasantly surprised. The protocol revealed that it has successfully retrieved 1,032 Ether tokens, valued at $2.3 million. These digital funds were initially stolen during the January 16 Bungee Bridge exploit, which resulted in the theft of millions of dollars. The recovery of such
Senator Elizabeth Warren’s recent comments about the cryptocurrency industry have ignited a significant backlash from the crypto community. Her remarks, referencing a report from the U.S. Government Accountability Office (GAO), claimed that “rogue nations” were using cryptocurrency to evade sanctions and pose threats to national security. However, many members of the crypto community argue that
Horst Jicha, the founder of USI Tech, a cryptocurrency firm, has been arrested and charged by U.S. authorities for his involvement in an alleged $150 million international fraud scheme. The charges against Jicha, a 64-year-old German national, include securities fraud, conspiracies to commit securities fraud, wire fraud, and money laundering. This article examines the details