Algorand Updates Protocol Enabling Block Creation Time of 4 Seconds

The Algorand Foundation has released a protocol upgrade that “has proven block creation times of just over 4 secs.” The Algorand Foundation has released an upgrade to its protocol to include more tools for decentralized applications (Dapps) and develop scalable blockchain-native solutions for real-world use cases. The company announced the Continue Reading

Finland Prepares For Bitcoin Ransomware Attack With Cyber Fire Drill

Finland is coordinating a simulated Bitcoin ransomware cyberattack on more than 200 Finnish cities and public organizations. The Finnish Population Register Centre is coordinating a simulated ransomware cyberattack on more than 200 Finnish cities and public organizations. On Nov. 22, Finnish news outlet Yle reported that participating cities and organizations Continue Reading

CFTC Chair on Crypto Regulation: We Don’t Want to Snuff out Innovation

CFTC chairman Heath Tarbert has called for “principles-based regulation” for crypto, advocating for a period of observation. The chairman of the United States Commodity Futures Trading Commission (CFTC) has called for “principles-based regulation” for cryptocurrencies.  Heath Tarbert, who assumed his post following former Chairman J. Christopher Giancarlo in July 2019, Continue Reading