Posts published on August 23, 2023 go to media archive 2/4

Bitcoin Miners Navigate Record Challenges and August’s Dual Difficulty Hike

Bitcoin miners faced another uphill battle this month, marking the second straight increase in mining difficulty. On August 22, at block height 804,384, the difficulty surged by 6.17%. This fresh peak in Bitcoin’s difficulty sets a new…

Tornado Cash Devs Charged With Helping Hackers Launder $1B, Including Infamous North Korean Attacks

Tornado Cash developers Roman Storm and Roman Semenov were arrested and charged with money laundering and sanctions violations tied to their work with the privacy mixer which "facilitated more than $1 billion in money laundering" for North Korea's…

Coinbase’s Chosen Blockchain Brand Sees Zero Threat from Zero Knowledge

Many Ethereum aficionados have predicted that the most promising layer-2 blockchains would be built not using the OP Stack’s “optimistic rollup” technology – favored by the U.S. crypto exchange Coinbase – but with a different setup known as “Z

An Adderall Shortage and No Vegan Meals — Former FTX Boss Struggles With Jail Life

After Sam Bankman-Fried, once the head of FTX, petitioned the court for a five-day-a-week release from incarceration, the overseeing judge swiftly denied the plea. On Tuesday, Bankman-Fried pleaded not guilty in response to the most recent charges…