PRESS RELEASE. Geneva, Switzerland – September 30, 2024 – TRON DAO has successfully completed a security assessment of its Java-Tron client, conducted by leading blockchain security firm ChainSecurity. The assessment, which focused on key components such as the TRON Virtual Machine (TVM), consensus mechanisms, and Peer-to-Peer (P2P) interactions, aimed to proactively identify and resolve any […]
US Authorities Bust Billion-Dollar Crypto Laundering Network, Charge 2 Russians
Two Russian nationals have been charged with running a massive money laundering network that processed billions through cryptocurrency exchanges, the U.S. Department of Justice (DOJ) announced. These exchanges, including Cryptex and Joker’s Stash, enabled criminals to bypass regulations and funnel funds from fraud, ransomware, and darknet activities. U.S. authorities, in collaboration with international law enforcement, […]
Bitcoin Network Eases Up: Difficulty Falls 4.6% at Block 862,848
Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding a block subsidy is 4.6% easier than it was during the previous 2,016 blocks, which had the highest difficulty level ever recorded. Bitcoin’s Mining Game: […]
FBI Cracks Down on Illegal Gambling Network Using Fake Crypto
A Denver resident has been convicted of running an illegal gambling business involving several parlors across Colorado. The scheme involved electronic games and a fake cryptocurrency to conceal the exchange of credits for cash, revealing fraud and money laundering. The only function of this crypto “was to be exchanged for cash at an ATM-like ‘cryptocurrency […]
Graph Network Data Demand Soars 84% in Q2
Data demand for The Graph Network surged 84% in Q2, driven by increased subgraphs and a free query plan. The Graph Network Mainnet and Arbitrum accounted for most queries. Edge & Node’s CEO Tegan Kline praised the successful upgrade of The Graph’s hosted service to the decentralized network. She noted that the increase in queries […]