Ben Yorke

Jun 12, 2024 | cointelegraph.com | Yohan Yun |Andrew Fenton |Ben Yorke |Ciaran Lyons

Soaring venture capital interest in Bitcoin layer-2 projects has brought into sharp focus whether the new scaling solutions truly deserve the classification. Research from Spartan Group in December attributed the majority of Bitcoin layer-2 transactions to Stacks, Lightning, RSK and Liquid. Bitcoin scaling has grown far beyond those four projects now, with 73 Bitcoin scaling solutions being developed with a combined total value locked of $3.61 billion as of June 7, according to BTCL2 data.

May 16, 2024 | cointelegraph.com | Zhiyuan Sun |Ben Yorke |Derek Andersen |Andrew Fenton

Our weekly roundup of news from East Asia curates the industry’s most important developments. Bybit’s open-day Notcoin woesCryptocurrency exchange Bybit hasbeenembroiledin controversyover the initial listing of Notcoin (NOT), a play-to-earn game and token integrated as a Telegram Mini App and built on The Open Network. Essentially, not all users received their airdrop before the market opened, leaving them at a disadvantage to those who had.

Mar 6, 2024 | cointelegraph.com | Felix Ng |Ben Yorke |Ciaran Lyons |Andrew Fenton

For years now, TPS, or transactions per second, has been the go-to metric for blockchain developers trying to hype up their snazzy new networks. Compared to Bitcoin’s seven transactions per second maximum (usually closer to four), for years, Ripple claimed that XRP was able to handle 1,500 TPS, on par with Visa’s transactions per second, although chief technology officer David Schwartz admitted last year that it has never actually hit that figure.

Dec 20, 2023 | cointelegraph.com | Matthew Heller |Ben Yorke |Andrew Fenton |Monty Munford

When a DeFi platform is hacked, suspicion often falls on insiders who are the most familiar with the smart contracts and security procedures and are, therefore, most likely to be able to devise an exploit. But are insiders really responsible for most DeFi hacks? It seemed like a major scoop for on-chain sleuth Librehash. In September 2022, he reported that a $160-million hack of Wintermute, a U.K.-based DeFi platform, was likely an inside job.

Nov 20, 2023 | cointelegraph.com | Ben Yorke |Tim Brinkhof |Andrew Fenton |Ciaran Lyons

Umami Labs CEO Alex O’Donnell grew up on the outskirts of Philadelphia before attending Temple University to study literature and economics. That path led him to devote seven years of his life as a financial journalist at Reuters, where he specialized in M&As IPOs.He said his academic focus created a “pretty natural synthesis” when it came ot financial journalism. However, he said he became “disenchanted” with his industry while he was cooped up at home during the Covid-19 pandemic.