ETH CC: Crypto winter “reinforces” validity of blockchain, says 0x Labs employee

ETH CC: Crypto winter “reinforces” validity of blockchain, says 0x Labs employee

0x Labs developer advocate believes the current crypto winter provides a chance for "rationalization" and "validates" underlying blockchain systems. Both the ongoing downturn across cryptocurrency markets, and Ethereum’s upcoming merge were under the spotlight on the second day of ETH Community Conference. The wider Ethereum community descended on Paris for the largest annual European Ethereum event, with key roleplayers, companies and individuals taking part.Related: Will Ethereum Merge hopium continue, or is it a bull trap?Cointelegraph spoke to Jessica Lin, developer advocate for....


Related News

Terraform Labs Employee In Hot Water For Stealing Company’s Bitcoin

Seoul Metropolitan Police Agency launched an investigation against an employee from Terraform Labs, who is allegedly involved in the embezzlement of corporate funds in Bitcoin from the company in May. South Korean police stood by its findings that the employee’s unlawful act was purely personal and did not involve Terraform Labs Founder Do Kwon. Following […]

blockWRK App Set to Allow Companies to Improve Employee Productivity with Ins...

The gap between employers and employees is set to blur with the launch of the blockWRK application, which is expected to disrupt the process of employee management. blockWRK officially announced the launch of a blockchain-based employee compensation app that will allow businesses to increase employee productivity by using an automated system of instant rewards. The […]

Ex-Cryptopia Employee Admits to Stealing $170K Worth Of Crypto

An ex-employee of the now-defunct crypto exchange Cryptopia has admitted in court to stealing crypto worth about $170,000. The employee pled guilty to stealing coins and customer data while he worked at Cryptopia when the company was still up and running. A name suppression by the Christchurch district court of New Zealand keeps the employee […]

FTC Reports Butterfly Labs Mined on Customers' Bitcoin Miners

A week ago, the Federal Trade Commission (FTC) shut down Butterfly Labs (BFL), one of the reasons for this being that "consumers who have purchased the machines or services cannot use them to generate Bitcoins because Defendants [Butterfly Labs] never provide them with the machines or services." The FTC released new court filings today for its Butterfly Labs case. The most recent report by the FTC against Butterfly Labs is that they mined for bitcoins on their customers' miners before shipping them (if they even shipped them at all), and didn't tell the customer: Fraud. New Evidence....

FBI Arrests Federal Employee Selling Restricted Data on Nuclear Submarines fo...

A U.S. government employee has been arrested on espionage-related charges after he attempted to sell restricted data on the design of nuclear-powered warships to a foreign government. The federal employee asked to be paid in monero cryptocurrency. “I am very aware of the risks of blockchain analysis of bitcoin and other cryptocurrencies, and believe monero gives both of us excellent deniability,” he told an undercover FBI agent. Nuclear Engineer Sells Restricted Data for Monero The U.S. Department of Justice (DOJ) announced Sunday that an employee of the Department....