USD Coin (USDC) issuer Circle has revealed that it would fully support the Ethereum (ETH) proof-of-stake (PoS) chain post-merge. According to an Aug. 9 blog post, the stablecoin issuer was looking forward to “the future scaling opportunities (the Merge) unlocks as well as the reduced energy consumption profile of the network.” While we don’t speculate…
BitMEX former executive Gregory Dwyer has pleaded guilty to violating the Bank Secrecy Act, according to the U.S. Attorney for the Southern District of New York. Dwyer, who served as the Head of Business Development at the crypto exchange, was one of BitMEX’s first employees and has now admitted that the exchange failed to “establish,…
BitMEX co-founder, Arthur Hayes, is pleading for leniency as he awaits sentencing, with his lawyers asking for probation with community confinement or home detention, Bloomberg reports. The former CEO pleaded guilty to violating the Bank Secrecy Act (BSA), including a letter from his mother in the documents sent to the judge who’ll sentence him. Prosecutors…
In the hot debates in the crypto space, one of the talking points that Bitcoiners love to throw at Ethereans is that it’s difficult, if not impossible, to calculate the exact total supply of ether (ETH) in the market, especially compared to how relatively easy it is to calculate the total supply of bitcoin. This…