Ethereum 1.x Devs Focusing on ‘Stateless Clients’ to Curb Chain Bloat

While Ethereum continues to develop the next stage of its evolution with the sharding-enabled Ethereum 2.0, a group of developers will focus on the existing chain to maintain its operability during the transition.  Dubbed Ethereum 1.x, the project’s goal is to maintain Ethereum’s (ETH) usability while the Serenity upgrade is being worked on. As explained …

Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It

Currently facing multiple lawsuits, cryptocurrency stablecoin issuer Tether (USDT) received a request from prosecutors asking for consolidation, combining three lawsuits into one, which Tether has not denied. “We did not oppose the plaintiffs’ requests to combine these frivolous claims, originally filed, respectively, in October in New York, in November in Washington and in January in …

Binance CEO Says Compliance Is Key for New Strategic Partnership in Japan

Binance, one of the top cryptocurrency exchanges globally, has started discussions regarding a  strategic partnership with two Japanese firms. According to a press release on Jan. 17, Binance has begun negotiations with Z Corporation, a subsidiary of Z Holdings formerly known as Yahoo Japan and TaoTao, a Japanese licensed cryptocurrency exchange.  The exact details of …

VC Giant Grayscale Investments Reports Record-Breaking Year

Venture capital firm Grayscale Investments banked a stellar 2019 to surpass the $1 billion mark in total investments.  By the numbers In a comprehensive eighteen-page report, the firm touted a record Q4 in 2019. It raised $225.5 million into its investment products, lifting the year’s inflow to $607.7 million after back-to-back quarterlies over $225 million, …

More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?

Suspected crypto con artists are once again using the likeness of British financial expert Martin Lewis to defraud unsuspecting victims. In 2019, Lewis settled a defamation suit against Facebook for similar Bitcoin (BTC) scam adverts. Instagram says deceptive advertisements have no place on its platform and plans to continue improving its detection protocols for such content. …

EEA Partners With Whiteblock to Offer New Testnet With Controlled Environment

Members of the Enterprise Ethereum Alliance (EEA) can now test their blockchain applications within a new testnet, which does not require a full-scale roll-out. In a press release shared with Cointelegraph on Jan. 15, EEA revealed its new partnership with blockchain testing and development firm Whiteblock, through which the EEA will leverage Whiteblock Genesis testing …

Bitstamp Crypto Exchange to Pilot Leverage Trading via Bank Partnership

The twelfth-largest cryptocurrency exchange, Bitstamp, partnered with cryptocurrency-friendly Silvergate Bank to pilot Bitcoin (BTC) leveraged trading. According to an announcement on Jan. 14, the exchange will serve as the launch partner for the bank’s Silvergate Exchange Network (SEN) Leverage service. During the pilot stage, the exchange will only offer leveraged trading to select institutional customers. …