Evans Karanja

South Korean K-pop star and actress Hwang Jung-eum received a two-year suspended prison sentence for embezzling $3 million from her own agency to invest in crypto. The court handed Hwang the suspended sentence, meaning she will serve no jail time unless she commits another crime within 4 years, for violating Korea’s Act on the Aggravated […]

Ethereum co-founder Vitalik Buterin says the upcoming Fusaka upgrade will hinge on a novel mechanism called PeerDAS, which enables nodes to verify data availability without downloading the full blockchain. ”It is the key to L2 scaling (and eventually L1 scaling),’’ Buterin said in a post on X. “PeerDAS is trying to do something pretty unprecedented: […]

Circle is considering reversible transactions in a move that would challenge current crypto norms. The plan would allow certain transfers to be rolled back in cases of hacks, scams, or mistakes, a major shift from blockchain’s current irreversible model. “We are thinking through. . .whether or not there’s the possibility of reversibility of transactions,’’ Circle president Heath […]

BitMine Immersion Technologies’ Tom Lee predicts Ethereum will hit $12,000 by year-end, calling it the preferred blockchain for Wall Street and the White House. Lee said Ethereum’s “truly neutral chain” status makes it the infrastructure of choice for institutional and government adoption, and he expects this recognition to drive broader market interest in the coming […]

Securities Exchange Commission (SEC) Chairman Paul Atkins wants an “Innovation Exemption” by year-end to fast-track approval of new crypto products. The exemption would allow crypto firms to launch products more quickly, enabling them to circumvent older regulations written for traditional markets. Atkins said in an interview with Fox Business that the agency is working closely […]