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Bitcoin Core Developer Withdraws from Lightning Network Due to “Difficult Decision”

Coinan PorterOct 21, 20233 min read

Lightning Network Developer Steps Down Citing Security Concerns Antoine Riard, a security researcher and developer, has announced his departure from the Lightning Network’s development team. Riard…

LBRY, a Blockchain Company, Halts Operations Due to Unmanageable Debt

Wyatt NewsonOct 20, 20233 min read

LBRY Ceases Operations Due to Mounting Financial Challenges Blockchain file-sharing and payment network, LBRY, has announced the termination of its operations. The company cited “several million…

Superdao Announces Closure Due to Lack of Profitability

Owen PatterOct 19, 20233 min read

Superdao Shutting Down Operations and Refunding Investors Superdao, a platform dedicated to supporting the development of decentralized autonomous organizations (DAO), has announced that it will be…

Bitmain Lays Off Employees Due to Salary Disclosure, Citing Unauthorized Announcement Sharing: Report

Owen PatterOct 18, 20233 min read

Bitmain Fires Employees for Leaking Salary Information Bitcoin ASIC manufacturing giant, Bitmain, has reportedly terminated the employment of four individuals who leaked salary information. The company…

The Limitations of DAOs’ Future Due to Regulatory Framework Gaps: ECB Occasional Paper

Coinan PorterOct 18, 20232 min read

DAOs Need Regulatory Framework for Future of Finance, says ECB The European Central Bank (ECB) has emphasized the importance of a comprehensive regulatory framework for decentralized…

Binance US Ceases FDIC Insurance for Crypto Assets Due to Revised Terms of Service

Wyatt NewsonOct 17, 20233 min read

Binance US Removes FDIC Insurance Coverage for Crypto Deposits Binance US, the largest crypto exchange in the world, has informed its users that their cryptocurrency deposits…

Binance Halts Registration of New UK Customers Due to Regulatory Obstacles

Blair ConnollyOct 17, 20233 min read

Binance Halts UK Customer Registrations Due to Regulatory Amendments Binance, a global cryptocurrency exchange, has announced that it will temporarily suspend new customer registrations from the…

Bitcoin’s Price Soars Due to Fake News, but Quickly Plummets

Cyrus DaileyOct 17, 20232 min read

Market Reacts to Erroneous Report Yesterday, there was a false report stating that the SEC had approved the IShares Spot Bitcoin ETF. This news caused a…

Lido Finance justifies Solana wind down due to low fees

Coinan PorterOct 16, 20232 min read

Decentralized Staking Protocol Lido Finance to Cease Operations on Solana Lido Finance, a decentralized liquid staking protocol, has decided to end its operations on the Solana…

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