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July 5, 2021

EY publishes Ethereum scaling solution to the public domain

EY publishes Ethereum scaling solution to the public domain

[ad_1] EY’s attempts to promote secure, private transactions over public blockchains at cheaper costs has culminated in the release of Nightfall 3. The company announced the news via a release on July 1 stating that Nightfall 3 combined ZK proofs with optimistic rollup — ZK-Optimistic Rollup — to improve transaction efficiency on Ethereum. Indeed, ZK-Rollups […]

As Droves of Miners Leave Bitcoin, Space Allocation Dedicated to Filecoin and Chia Surges

As Miners Leave Bitcoin in Droves, Space Allocation Dedicated to Filecoin and Chia Surges – Bitcoin News

[ad_1] While a large quantity of hashrate has stopped dedicating resources to the Bitcoin network, a great number of alternative mining ecosystems are swelling with new participants. China’s ASIC exodus has ignited a significant increase in demand for accessing storage power on both Filecoin and Chia’s proof-of-storage networks. Both networks have seen space allocation spike […]

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Ex-Cryptopia Employee Admits to Stealing $170K Worth Of Crypto

[ad_1] An ex-employee of the now-defunct crypto exchange Cryptopia has admitted in court to stealing crypto worth about $170,000. The employee pled guilty to stealing coins and customer data while he worked at Cryptopia when the company was still up and running. A name suppression by the Christchurch district court of New Zealand keeps the […]