On a recent Friday, Bybit, a major cryptocurrency exchange, reportedly fell victim to a cyber attack orchestrated by North Korea’s Lazarus group. The group seemingly siphoned off roughly $1.4 billion in Ether (ETH) from the exchange platform. In the aftermath of the cyber attack, Arthur Hayes, co-founder of BitMEX and […]
Cryptocurrency
Our Cryptocurrency Team delivers the latest in grates when it comes to news from the blockchain world
Understanding the Concept of Witness Discount
The term Witness Discount refers to a reduction in the ‘weight’ of the data in the witness portion of a Bitcoin transaction – the area where the digital signatures are stored that confirm ownership. This was rolled out as part of the 2017 Segregated Witness (SegWit) update. It effectively lowered […]
Hacken reports a breach at Bybit, with over $5.3 billion in withdrawals, yet confirms its reserves surpass its obligations.
Despite suffering a substantial $1.4 billion breach on February 21, leading to a loss of more than $5 billion in assets, Bybit continues to be financially robust. Independent audits validate that the company’s reserves surpass its debts, offering a solid guarantee for the security of investors’ capital.
Is Now the Right Moment to Invest in XRP? TD Sequential Indicator Suggests Affirmative
“Should You Consider Investing in XRP Now? The TD Sequential Indicator Responds Affirmatively” The TD Sequential Indicator, a renowned tool among traders, suggests now might be a favorable time to consider adding XRP to your portfolio. The article aims to provide valuable insights to potential investors or those intrigued by […]
The SEC’s Dismissal of Coinbase (COIN) Case Could Elevate Robinhood (HOOD) Stocks, Tokens Suspected of Being Securities
The potential abandonment of the lawsuit against Coinbase by the Securities and Exchange Commission (SEC) could bolster the outlook not only for cryptocurrencies that were previously tagged as securities during the past regime, but also could enhance the value of Robinhood’s (HOOD) stocks. More Details: SEC Likely to Dismiss Lawsuit […]
Upcoming Ten Years, Segment 4: Concrete Forecasts
Reflect on the history of Bitcoin; undoubtedly, several memorable events are likely to come to mind. These significant occurrences are like landmarks in the evolution of Bitcoin. As you continue to ponder, you’ll find yourself filling in the gaps with these landmark events. This article does not provide firm predictions, […]
Venture Capitalists in Cryptocurrency Show Enthusiasm for AI Agents, But Hold Back on Investments
Managing Partner at Pantera Capital, Paul Veradittakit, has expressed that artificial intelligence (AI) has the capability to significantly boost trading volumes in the cryptocurrency sector. Veradittakit believes that the integration of AI in crypto trading may lead to an explosion in trading volumes. This perspective provides valuable insights to potential […]
Hedera Faces Difficulty Sustaining Pace Following a 40% Price Adjustment
“Hedera Faces Challenges in Sustaining Pace Following a 40% Downturn” Hedera, the advanced network technology, is currently grappling with difficulties in preserving its dynamic pace subsequent to a hefty 40% market correction. Despite this setback, the company remains in the limelight for potential investors and individuals harboring an interest in […]
Wingbits Set to Propel Satellite to Enhance Precision in Flight Monitoring Using DePIN
Wingbits, a Swedish blockchain-based aviation data network, is set to expand its capabilities with the introduction of satellite-tracking. This strategic move is part of the company’s ambitious plans to penetrate the lucrative $22 billion aviation data sector. Wingbits’ latest venture, a satellite launch in partnership with Spire Global, an operator […]
CEO of Amboss Discusses the Expansion of Bitcoin’s Lightning Network and Tether’s (USDT) Presence on Lightning
Founding Members: Jesse Shrader and Anthony Potdevin Established: March 2021 Main Office: Nashville, TN Employee Count: 10 Website: https://amboss.tech/ Publicly Traded or Privately Owned? Privately Owned Jesse Shrader predicts a significant year for the Lightning Network. As Bitcoin’s value increases and Tether (USDT) integrates into Lightning, Shrader believes more businesses […]