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Researchers at Harvard University described two strategies for attacking Ethereum 2.0’s Beacon Chain: malicious block reorganizations and deferral of finality, and also estimated their cost. Four researchers at the Harvard School of Engineering and Applied Sciences – Michael Neuder, Daniel Moroz, Rithvik Rao, and David Parkesk – have described two possible ways to attack the signal chain Ethereum 2.0. In the first strategy, an attacker can confirm the wrong block by initiating so-called “private forks”.
Custodian service Anchorage, in partnership with the Prometheum platform, plans to launch an alternative trading system for digital assets after receiving regulatory approval. A publicly available alternative trading system will enable investors to trade digital assets. If approved by regulators, the system will be overseen by the US Securities and Exchange Commission (SEC) and the Financial Institutions Regulatory Agency (FINRA). The marketplace will be owned by Prometheum’s subsidiary, Prometheum Ember ATS (“PEATS”), and will act
One of the Ethereum miners was able to finally eliminate the software hashrate restrictions set by Nvidia and launch a farm of seven GeForce RTX 3060 video cards. In February, GPU maker Nvidia announced that it would release a custom driver that would halve the hashrate of RTX 3060 graphics cards, to around 21 MH / s. This was done to reduce the demand of miners for such video cards in order to keep them
The UK Financial Conduct Authority (FCA) has mandated cryptocurrency firms to provide annual reporting on the potential risks of financial crime associated with cryptoassets. UK financial institutions have been required to report suspicious transactions annually since 2016. However, in August, the regulator suggested that cryptocurrency firms provide additional reporting on possible money laundering risks, regardless of their annual revenue. Previously, only 2,500 of the 22,000 firms controlled by the FCA had to provide such information.
PayPal Holdings will open up the ability for US customers to use cryptocurrencies to pay for goods and services around the world. At the time of purchase, crypto assets will be converted to fiat currencies. As reported by Reuters, today payment company Paypal will announce support for cryptocurrency payments to pay for goods and services. Customers holding BTC, ETH, BCH and LTC in PayPal digital wallets will be able to convert their crypto assets to
Chicago Mercantile Exchange CME Group plans to launch micro-futures on Bitcoin with a nominal value of 0.1 BTC on May 3. This will expand traders’ access to the digital asset market. CME started trading Bitcoin contracts in December 2017. Then the size of one contract was set at 5 BTC. At the current exchange rate, this is almost $ 300 thousand, and only large investors can trade such contracts. CME Group’s head of stock indices
The operator of bank cards Visa, together with Crypto.com, launched a pilot program to conduct international transactions using the USDC stablecoin on its network. The partners have already completed the first test transaction in USDC: Hong Kong-based payment company Crypto.com has sent tokens to the Visa address through the custodian company Anchorage. Visa said that cryptocurrency payments are usually converted to fiat currencies when making payments, which implies certain complications and costs. The new service,
Mining company Hut 8 bought chips for cryptocurrency mining (CMP) from Nvidia for $ 30 million. Will private ETH miners get these cards and how much do they need them? According to a press release from Hut 8, the mining company has decided to expand its activities beyond mining BTC and will be mining altcoins, primarily ETH. To do this, Hut 8 bought special CMP (Cryptocurrency Mining Processor) mining chips from Nvidia for $ 30
The Bank of Japan announced the creation of a Committee on Government Digital Currencies, and six Chinese banks have begun testing digital yuan wallets. According to the Bank of Japan, the Committee was created so that the country’s regulators can interact with the government and the private sector, exchanging information on developments regarding government digital currencies. Further steps for a simplified and efficient implementation of PoC in the banking sector will also be discussed. Last
Argo Blockchain, together with DMG Blockchain, will launch the first sustainable Bitcoin mining pool – Terra Pool. It will only use energy generated by hydroelectric power plants. Argo Blockchain is registered in the UK, while the mining company has several datacenters in Canada for mining bitcoin and the ZEC confidential coin. Argo Blockchain recently acquired 320 acres of land in Texas to begin construction of a 200 megawatt datacenter. However, Argo Blockchain does not intend