Jose Oramas

5 days ago | cryptonews.com.au | Jose Oramas

The Open Network suffered a 40-minute block production halt on June 1 due to a masterchain queue error. The developers issued a quick fix requiring updates from only a few validators. No user funds were lost and pending transactions were preserved. Though not unprecedented, this incident adds to TON’s history of high-throughput outages, including major disruptions in August 2024.

5 days ago | cryptonews.com.au | Jose Oramas

Over 80% of Ethereum’s new EIP-7702 delegations are being hijacked by cloned “CrimeEnjoyor” contracts that sweep compromised wallets, according to an analysis by research firm Wintermute. The feature, part of Ethereum’s Pectra upgrade, was meant to improve UX by letting wallets act like smart contracts, but is now widely abused by wallet-draining scripts.

5 days ago | cryptonews.com.au | Jose Oramas

SharpLink Gaming filed to raise up to US$1B through a public stock offering, planning to convert “substantially all” proceeds into ETH for its Ethereum corporate treasury. The news of the Ethereum treasury a few days ago triggered a 2,100% surge in SharpLink’s stock within a week. That same week, Ethereum’s co-founder was also appointed as chairman. SharpLink Gaming disclosed in an SEC filing its intention of raising up to US$1B (AU$1.56B) through a public stock offering.

1 week ago | cryptonews.com.au | Jose Oramas

The SEC has officially dismissed its lawsuit against Binance and founder CZ, ending a high-profile case that accused them of securities violations and fund mismanagement. This marks another major reversal under the Trump administration, which has recently backed off enforcement-heavy crypto actions, including against Uniswap and Coinbase. Binance previously settled separate criminal charges with the DOJ for US$4.3B, while CZ served four months in prison and stepped down as CEO.

1 week ago | cryptonews.com.au | Jose Oramas

Trump’s CFTC nominee Brian Quintenz disclosed over US$3.4M in crypto-linked assets, including stakes in a16z funds, Kalshi, and Next Level Derivatives. Quintenz pledged to resign from a16z, divest all conflicting holdings within 90 days if confirmed, and recuse from related matters for up to two years. His portfolio touches sensitive regulatory areas, mostly crypto and prediction markets, which could raise conflict-of-interest concerns ahead of Senate confirmation.