Techyrack Hub

Category: Blockchain

US recession 40% likely in 2025, what it means for crypto — Analyst

The United States has a 40% chance of a recession in 2025 amid the potential for a protracted trade war and macroeconomic uncertainty, according to market analyst and Coin Bureau founder Nic Puckrin. In an interview with Cointelegraph, the analyst said that while a recession is not probable, a recession and the current macroeconomic uncertainty […]

Greedy L2s are the reason ETH is a ‘completely dead’ investment: VC

Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,” […]

Anti-L2 push could ‘break the social fabric’ of Ethereum — Sandeep Nailwal

A portion of the Ethereum community is pressuring the Ethereum Foundation to make decisions that may “break the entire social fabric” of the smart contract network by restricting Ethereum’s layer-2 (L2) networks, Polygon co-founder Sandeep Nailwal said. Speaking during a March 28 episode of Cointelegraph’s Chain Reaction show on X, the Polygon founder said that […]

Darkweb actors claim to have over 100K of Gemini, Binance user info

Darkweb threat actors claim to have hundreds of thousands of user records — including names, passwords and location data — of Gemini and Binance users, putting the apparent lists up for sale on the internet.  The Dark Web Informer, a Darkweb cyber news site, said in a March 27 blog post that the latest sale […]

Ex-FTX CEO moved to transit facility after interview

Officials with the Federal Bureau of Prisons have moved former FTX CEO Sam “SBF” Bankman-Fried to a transit facility days after right-wing political commentator Tucker Carlson interviewed him. As of March 27, the Federal Bureau of Prisons website showed Bankman-Fried was being housed at the Federal Transfer Center (FTC) in Oklahoma City, suggesting that he […]