Bitcoin starts a new week keeping traders guessing near its highest levels in 18 months — what’s next? BTC price action has held higher after spiking above $38,000 last week, but since then, a testing “micro-range” has left bulls and bears locked in battle. Whether a deeper retracement will come or a trip to $40,000 will…
Bitcoin deposits and withdrawals have returned to the Justin Sun-linked crypto exchange HTX, formerly Huobi, after it suffered a $30 million exploit on Nov. 22. In a Nov. 26 blog post, HTX said deposit and withdrawal functionality is back for multiple currencies, including BTC, Ether, Tron and Tether. In a later post on X (Twitter), Justin Sun said…
Indexed Finance, an Ethereum-based project that suffered a $16 million hack in 2021, has successfully thwarted two hijacking attempts. Control of the project’s decentralized autonomous organization (DAO) will be returned to its founders, who aim to allocate the remaining treasury to victims of the 2021 hack. In a thread on X (formerly Twitter), Laurence Day, a former…
Developers working on the Bitcoin layer 2 Lightning Network have become less security-oriented and more focused on producing cash flow for their investors, argues a former Lightning Network developer. Bitcoin core developer and security researcher Antoine Riard, made headlines last month after leaving the Lightning ecosystem over concerns about a new attack vector called “replacement cycling,” which exploiters…
The importance of decentralization in file sharing Decentralized file sharing revolutionizes data access by eliminating dependence on centralized servers and utilizing P2P technology to distribute files across a network of nodes. Distributing and accessing data without depending on a centralized server is possible with decentralized file sharing. Rather, files are kept on a network of…
Charity initiatives reflect our humanness in a world too much focused on individualism and consumerism. However, trust in charitable organizations and nonprofits has declined drastically over the last few years. Many businesses and individual influencers use giving for branding and promotion, often ignoring to ensure their funds reach the destination accordingly. The latest “Trust in Civil Society” report by Independent Sector…
BitMEX co-founder Arthur Hayes is bullish on Bitcoin. Hayes shared his thoughts on X Alongside a chart depicting net reverse repurchase agreement (RRP) and treasury general account (TGA) balance changes, Hayes referred to United States Treasury Secretary Janet Yellen as “Bad Gurl Yellen.” In the X post, Hayes encouraged fellow Bitcoin enthusiasts to stay focused, highlighting a…
Investment managers in the United Kingdom are receiving regulatory support to leverage blockchain technology for the tokenization of funds, breaking away from conventional record-keeping systems. In a recent report published by The Investment Association (IA), it argued that fund tokenization – which refers to issuing tokenized units or shares on distributed ledger technology (DLT) – will lead to…
The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate smart contracts — has been approved by the European Parliament. If introduced, the legislation will require a smart contract to have a “kill switch.” In a Nov. 9 press release, the parliament announced that the legislation…
The film industry has been suggested by many as one of the next frontiers of Web3 and blockchain technology. With movies historically funded by wealthy investors or centralized production companies, blockchain offers a unique set of tools to decentralize the investment process. Filmmakers can launch projects quicker, and individuals can have a stake in the…