by Zhiyuan Sun | Aug 10, 2022 | Uncategorized
The past actions of bad actors has forced the country’s regulators to take a tough stance on crypto exchanges. It’s a story that still haunts the early generation of Canadian crypto users to this day. Four years prior, Gerald Cotten, co-founder of...
by Zhiyuan Sun | Aug 10, 2022 | Uncategorized
It’s not yet clear how the alleged criminal misconduct of a former employee led to a law enforcement freeze on user’s funds. On Thursday, cryptocurrency exchange Hotbit said it “suspended trading, deposit, withdrawal and funding functions,”...
by Zhiyuan Sun | Aug 10, 2022 | Uncategorized
The Ethereum scaling solution has surpassed $1 billion in total value locked within a matter of weeks. According to data from DeFi Llama, total value locked (TVL) on Optimism, a layer-two scaling solution for the Ethereum blockchain, has surged 284% in the past month....
by Zhiyuan Sun | Aug 9, 2022 | Uncategorized
“USDC as an Ethereum asset can only exist as a single valid version,” says the team at Circle. On Tuesday, Circle, the issuer of the USDC stablecoin, pledged its full support for the transition of Ethereum to a proof-of-stake, or PoS, blockchain after the...
by Zhiyuan Sun | Aug 9, 2022 | Uncategorized
It appears to be an ongoing prank to challenge the novel Tornado Cash sanctions. On Tuesday, one day after the U.S. Treasury sanctioned cryptocurrency mixer Tornado Cash for its alleged role in cryptocurrency money laundering operations, intervals of 0.1 Ether (ETH)...