BTC price dip gone by September? 5 things to know in Bitcoin this week

Greta Menzies, the co-founder of Chain Collective, says that blockchain can change the “economics of data between consumers and businesses.” 51 Total views 1 Total shares Web2 lets big tech companies collect consumer data without paying the people behind the statistics. However, the advent of Web3 technologies may change the way data is collected and…

Bitcoin (BTC) Lightning Network nodes have claimed 2.2 BTC in “justice transactions” to deter potential thieves, a BitMex Research analysis revealed on July 15.A so-dubbed “justice transaction” is a punitive mechanism involving the closure of a lightning channel that is suspected to be attempting theft. As the report outlines:“[B]y design, when a thief attempts to…

A decentralized cryptocurrency is by definition vulnerable to 51 percent attacks, the creator of Litecoin (LTC) Charlie Lee stated in a tweet Jan. 7.In the wake of recent news about unusual mining activity on the Ethereum Classic (ETC) network — which many continue to refer to as a 51 percent attack — Lee shared his…

The University of California Berkeley has announced the 17 latest startups to be accepted into its ‘Blockchain Xcelerator’ program. They include a Cannabis-themed mass-multiplayer online game (MMO), and a reverse auction loan platform. Entry into the incubator’s Spring 2020 cohort was highly competitive with just 12%, of the 140 startups who applied being successful. The accelerator is…

Key figures from the wider cryptocurrency space painted a picture of increased dialogue and collaboration at the World Economic Forum Annual Meeting in Davos.Cryptocurrencies and blockchain technology remained but a small part of the projects and initiatives discussed and workshopped at the annual WEF conference high in the Swiss Alps. However, an increased number of…

The world's second-largest stock exchange, Nasdaq, and crypto data provider CryptoCompare have partnered to release a cryptocurrency pricing product targeted at institutional investors. The news was revealed in a press release shared with Cointelegraph on June 11.The new product, dubbed the “Nasdaq/CryptoCompare Aggregate Crypto Reference Prices,” will be made available on the Nasdaq-owned platform Qandl…

A series of attacks drained the wallets of BTC users by exploiting a faulty random seed generation algorithm. 439 Total views 7 Total shares A newly discovered vulnerability in the Libbitcoin Explorer 3.x library has allowed over $900,000 to be stolen from Bitcoin users, according to a report from blockchain security firm SlowMist. The vulnerability can…

Bitcoin (BTC) stayed lower at the Feb. 24 Wall Street open as United States macroeconomic data showed inflation biting back.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPCE sparks fresh doubts on inflationData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it traded in a narrowing range around $23,800.The pair attempted to reclaim $24,500 the day…

On March 15, the European Parliament voted 418 to 103 (with 24 abstentions) in favor of negotiating a mandate for talks with the European Union member states about revising the new European Digital Identity (eID) framework and creating the “European Digital Identity Wallet,” also known as EUDI Wallet or EU wallet. Citizen’s IDs, health cards, certificates…