Wybo Wiersma – a 40-year-old Oxford University graduate – has been sentenced to four and a half years in prison after scamming over $2 million in crypto from unsuspecting victims. Following his arrest in 2019, the Dutchman was extradited from the Netherlands back to the United Kingdom (UK) in 2021. Following a five-year investigation by the South East Regional Organised Crime Unit (SEROCU), he pled guilty on January 26 to the Oxford Crown Court. A Five-Year Investigation As reported by…
SOL
What is Solana (SOL) and How Does it Work?
Solana is a decentralized blockchain network that aims to provide fast and low-cost transactions for decentralized applications. The network utilizes a consensus mechanism called "Proof of Stake Time" (PoST) which utilizes a unique method of choosing validators based on the time they have staked their coins. This allows for a much faster transaction confirmation time than definitive proof of work systems. The Solana protocol also includes a "Turbine" feature, which allows for high-throughput scaling using a network of validators to…
Block Education
@BlockEducation
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