Stellar Node Outage Causes Two-Hour Complete Transaction Freeze

Critics raised questions over decentralization after trusted nodes disabled the entire network from finding consensus. Blockchain network Stellar (XLM) stopped confirming transactions for two hours on May 15, executives confirmed following a user post on social media. Stellar, whose lumens token is currently the eighth-largest cryptocurrency by market cap, went down entirely for around 110 […]

Continue Reading

Nouriel Roubini at Salt Conference in NY: Crypto Is the Mother and Father of All Bubbles

Economist and notorious cryptocurrency critic Nouriel Roubini said that “cryptos is the mother and father of all bubbles.” Economist and notorious cryptocurrency critic Nouriel Roubini said that “cryptos is the mother and father of all bubbles” at the Salt conference in New York. CNBC reported on Roubini’s declarations on May 9. During the conference, Roubini […]

Continue Reading

India’s Complex Relationship with Crypto

The purported crypto ban represents the latest shaky step for the Indian government. A blow was struck to the crypto community in India in late April as reports circulated regarding a proposed ban on cryptocurrencies. India has a strong and passionate community of crypto enthusiasts, however, their steadfast belief in the value of cryptocurrency does […]

Continue Reading

Coinbase CTO Balaji Srinivasan Departs From the Firm

Chief technology оfficer at U.S.-based cryptocurrency exchange Coinbase, Balaji Srinivasan, announced his departure. Chief technology officer at major United States-based cryptocurrency exchange Coinbase, Balaji Srinivasan, announced his departure from the company on Twitter on May 3. In his tweet, Srinivasan said that he had enjoyed his time at the exchange and that he will now […]

Continue Reading

Crypto Regulation Experts Debate State vs. Federal Regulation in the Blockchain Era

Crypto regulatory experts debate state vs. federal-level regulation at MIT’s Business of Blockchain event. Three cryptocurrency experts expressed diverging views towards United States crypto regulation at a panel during the Massachusetts Institute of Technology’s (MIT) Business of Blockchain event on May 2. Wyoming Blockchain Coalition president Caitlin Long argued that digital assets are property and […]

Continue Reading