by Wieke Beenen After the major and long anticipated move from Proof-of-Work to Proof-of-Stake, a transition that went as smoothly as could be expected, Ethereum just entered some new woods, and some rather grim ones too. Now that roughly 43% of Ethereum validator nodes operate from the U.S., (with Germany being the second with 12%), the U.S. Securities and Exchange Commission (SEC). an independent federal government regulatory agency, is claiming Jurisdiction over ETH transactions in a court filing. The lawsuit was filed against Ian Balina on Monday. The crypto influencer launched his own cryptocurrency in 2018 and the SEC believes he flouted some laws in doing so. The SEC believes…

by Staff Following the recent crypto crash, the hype around cryptocurrencies has understandably died down. However, given the many benefits and adoptions of crypto, investors continue to explore more cryptocurrency avenues. One such digital asset that’s been receiving significant buzz is Filecoin. Launched by Protocol Labs in 2020, Filecoin is a decentralized file hosting service. It’s hosted on the blockchain and allows users to rent drive space, similar to the cloud. The service had a slow start, trading between $20 and $30. But Cryptopolitan predicts that it will reach $47 this year — a proof of its investment potential. Still, should you be investing in Filecoin this early into its…