Ethereum merge
Global blockchains

The Merge had “all the makings of a scammer’s dream”: Chainalysis executive

Eric Jardine talks about how thieves were able to profit on the changeover of the second-largest blockchain and how $2 million in ether was taken. According to Eric Jardine, the cybercrimes research lead at Chainalysis, there were about $2 million worth of frauds prior to, during, and following Ethereum’s Merge, the blockchain’s switch from a…

Global blockchains

Bitcoin gains entries in Guinness Book of World Records as First Digital Currency

Created as a currency without any centralized control or regulation in the aftermath of the 2008 downturn, Bitcoin has entered the Guinness Book of World Records. The entry in the renowned repository of world records and firsts, the entry for Bitcoin is title ‘First decentralized cryptocurrency’. The creator is credited as Satoshi Nakamoto, location is…

Global blockchains

EU signals regulatory intent, ’embedded supervision’ of Ethereum DeFi

Patrick Hansen, a Circle Policy Advisor, has tweeted information about a European Union Commission tender to create “embedded supervision” of decentralized finance (DeFi) on the Ethereum network. The estimated tender amount is €250,000 ($242,600), and the study’s completion time is 15 months. The EU wants to collect information about Ethereum DeFi Details of the study…

Use cases and applications

Caste, Covid and Diploma Certificates Go on Blockchain in Maharashtra

After issuing Covid vaccination certificates on blockchain with a verification QR code, the Maharashtra government is using blockchain in other areas too as part of its e-governance strategy. The latest is the pilot project for issuing caste certificates on blockchain so as to prevent fake entities from misusing the reservation system for jobs and education….