French authorities are grappling with an alarming rise in crypto scams, which contribute to an estimated €500 million in annual losses. Financial scams continue to inflict heavy losses on French consumers, with the Paris Public Prosecutor’s Office estimating that victims lose at least €500 million each year. In a Thursday press release on Dec. 26,
Special thanks to Vlad Zamfir and Jae Kwon for many of the ideas described in this post Aside from the primary debate around weak subjectivity, one of the important secondary arguments raised against proof of stake is the issue that proof of stake algorithms are much harder to make light-client friendly. Whereas proof of work
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI and Avalanche lead blockchain solutions, with LCAI merging AI and blockchain for exponential potential and AVAX offering proven scalability and growth. The cryptocurrency market is ever-evolving, with groundbreaking projects pushing the boundaries
Warning: this post contains crazy ideas. Myself describing a crazy idea should NOT be construed as implying that (i) I am certain that the idea is correct/viable, (ii) I have an even >50% probability estimate that the idea is correct/viable, or that (iii) “Ethereum” endorses any of this in any way. One of the common
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. ADA, LINK, and RTX lead the charge for 2025, with Remittix poised for a potential 20x ROI through its game-changing cross-border payment solutions. As the crypto market folds into neutral activity, investors are looking
Special thanks to Andrew Miller for coming up with this attack, and to Zack Hess, Vlad Zamfir and Paul Sztorc for discussion and responses One of the more interesting surprises in cryptoeconomics in recent weeks came from an attack on SchellingCoin conceived by Andrew Miller earlier this month. Although it has always been understood that
The Coinbase Chief Legal Officer Paul Grewal took to X to demand answers after learning from the AIMA survey that 75% of crypto hedge funds face issues with accessing basic banking services. None of the traditional alternative investment managers (e.g., real estate) experienced similar troubles with the banks. The Grewal’s X post raises questions that
One of the issues inherent in many kinds of consensus architectures is that although they can be made to be robust against attackers or collusions up to a certain size, if an attacker gets large enough they are still, fundamentally, exploitable. If attackers in a proof of work system have less than 25% of mining
The Bank of Russia has approved a new rule that will allow banks to block operations with digital rubles for days if they appear to be linked to fraud. The Bank of Russia has introduced new rules requiring banks to suspend digital ruble transactions for up to two days if they are suspected to involve
I was woken by Vitalik’s call at 5:55 this morning; pitch black outside, nighttime was still upon us. Nonetheless, it was time to leave and this week had best start on the right foot. The 25-minute walk in darkness from the Zug-based headquarters to the train station was wet. Streetlights reflecting off the puddles on
