Algorand Foundation's Head of Marketing Stephen Duignan kindly agreed to talk to YFarmX and answer some of our questions about the the foundation and its work.
The Algorand blockchain is an open-source, payments-focused blockchain network that uses a novel, more scalable form of a “proof-of-stake” consensus mechanism to solve one of the most persistent problems facing cryptocurrency: scalability.
Coinbase faces renewed scrutiny after a coinbase data breach in which hackers bribed offshore support contractors, siphoned customer data and demanded a $20 million bitcoin ransom, an extortion the exchange refused to pay. The disclosure on 15 May could cost up to $400 million and reignites doubts over Coinbase’s sprawling outsourced security model.
U.S. prosecutors have asked Judge Amy Berman Jackson to sentence 25-year-old Eric Council Jr. to two years in prison for the January 2024 SIM-swap attack that let him seize the Securities and Exchange Commission’s X account and publish a bogus approval of spot-Bitcoin ETFs, briefly jolting markets.