Key takeaways from the Golden Boys’ attack on Compound DAO
A group of Compound DAO members called the “Golden Boys” won a narrow vote to manage 5 percent of the DAO treasury on members’ behalf. Here’s what we can learn.
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Newly discovered Bitcoin wallet loophole let hackers steal $900K — SlowMist
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 price tracks $68K as 'chicken' crypto market shrugs off US PPI
Bitcoin and altcoins are unmoved by a significant inflation slowdown, as shown in the latest U.S. macro data.

Bitcoin gained 300% in year before last halving — Is 2023 different?
Bitcoin (BTC) faces a “bottoming candle” in 2023, but BTC price action is still more than able to surprise the market.In a tweet on Jan. 11, popular trader and analyst Rekt Capital predicted that BTC/USD could see “decent upside” this year.Chart teases serious Bitcoin upside potentialAnalyzing Bitcoin’s four-year market cycles around block subsidy halving events,…

South Korean Hana Bank enters crypto custody business with BitGo
KEB Hana Bank and BitGo plan to launch a joint cryptocurrency custody venture in the second half of 2024. 512 Total views 20 Total shares One of the largest South Korean banks, KEB Hana Bank, is moving to offer digital asset custody services through a new partnership with major cryptocurrency custody firm BitGo Trust Company.KEB

Wall Street still not convinced on Bitcoin $100K this year: JPMorgan survey
JPMorgan and Chase call for calm in the crypto market. In a recent client survey, just 5% believe Bitcoin will hit $100,000 by year-end. 729 Total views 32 Total shares One of the world’s largest investment banks has its Bitcoin (BTC) price predictions ready for 2022. In a recent poll, JPMorgan Chase asked its clients…

Ethereum layer 2’s will continue to have diverse approaches to scaling — Vitalik Buterin
The Ethereum layer-2 ecosystem is likely to continue evolving with diverse technological approaches, according to co-founder Vitalik Buterin.The co-founder of the smart contract blockchain unpacked the current landscape of Ethereum’s scaling ecosystem on his personal blog, with several layer-2 protocols differing in their approaches to bring greater scaling capacity, lower costs and increased security.As Buterin

Bakkt Physical Bitcoin Futures Beat Cash Ahead of Major CME Expiry
Volumes for Bakkt’s futures delivered in BTC are trumping fiat settlements as markets rise to fill a days-old CME gap. 1958 Total views 31 Total shares Bitcoin (BTC) futures platform Bakkt now sees most of its contracts settled in BTC, not cash, the latest data reveals.According to analytics resource Skew, the latest date for which…

Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges
Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges. 225 Total views 7 Total shares Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protect customers from investment scams.The bank…