Donald Trump is set to deliver a keynote address at the Bitcoin 2024 conference in Nashville on Saturday, July 27. This will mark the first appearance of a US presidential candidate at this major Bitcoin event, with Trump scheduled to speak for 30 minutes on the conference’s final day. While the exact content of his […]
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Bitcoin layer 2s could be collectively worth around $7.6 trillion, the report added.
The crypto market declined by around 5% in the last 24 hours, aligning with a significant drop in major US stock shares, which sent global markets downward. Bitcoin’s price fell almost 3%, falling from $67,000 to around $64,000, while Ethereum experienced an even steeper decline, dropping nearly 8% from $3,400 to about $3,100. Other major […]
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VanEck outlined an ambitious scenario in which Bitcoin (BTC) could reach a staggering $2.9 million per coin by 2050 under a “base case scenario” in its latest research report. According to the report — authored by the firm’s head of digital assets, Matthew Sigel, and senior investment analyst Patrick Bush — the projected valuation hinges […]
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Analysts worry ETH will prove a harder sell than BTC to traditional investors.
Digital asset investment products experienced consecutive inflows this month, with $1.44 billion recorded last week, per CoinShares‘ latest weekly fund flow report. This recent inflow raised the year-to-date total to a record $17.8 billion, surpassing the $10.6 billion inflows of 2021. However, trading volumes stayed low at around $8.9 billion, compared to the seven-day average […]
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Bitcoin Core developers have historically disclosed just 10 vulnerabilities affecting older software versions, as reported by Bitcoin Optech. The vulnerabilities, fixed in more recent releases, could have allowed various attacks on nodes running outdated Bitcoin Core versions. The vulnerabilities are relevant given that Bitcoin Core developers recently introduced a new security disclosure policy to improve […]
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Smart contract proxy upgradeability allows developers to update the logic of deployed smart contracts while preserving the contract’s state and address. This provides flexibility to fix bugs or add features but also introduces potential risks. Smart contracts, self-executing agreements on blockchain networks, traditionally operate as immutable code once deployed. This immutability is a cornerstone of […]
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Odds that the president will drop out of the race surged as high as 50% after the debate before leveling off at 40% on the crypto-based prediction market.
VanEck and 21Shares' applications seem doomed under the Biden administration. But they include a deadline that lapses when Trump would be in office, if he wins the presidency in November.
The crypto ecosystem experienced significant losses in the second quarter of 2024, with a total of $572.7 million lost due to hacks and frauds — up 112% compared to the same period a year ago, according to Immunefi’s latest quarterly breakdown report. Meanwhile, year-to-date (YTD) losses due to hacks and frauds have reached $920.9 million, […]
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Bitcoin is a revolutionary concept—a decentralized, peer-to-peer electronic cash system, store of value, timestamping server, and event sequencer with a fixed supply directly tied to real-world energy consumption. Its core values of scarcity, transparency, and decentralization offer a stark contrast to the traditional financial system. However, the rise of Bitcoin derivatives, seen by many as […]
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A new report from ivezz.com reveals that every year, an estimated 2-5% of the global GDP is laundered, translating to up to $5.05 trillion by 2024. Reflecting on these numbers reveals a significant point of analysis: despite the rising focus on crypto as a tool for illicit financial activities, its actual share in global money […]
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At the heart of crypto wallet security lies the seed phrase, a string of words that serves as the master key to accessing and recovering digital assets. While both 12-word and 24-word seed phrases are commonly used, the differences in their security implications have been debated within the crypto community. The 12-word seed phrase provides […]
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Digital asset security is paramount in crypto, and several cryptographic methods are available to ensure the safety of digital assets, each with unique benefits and applications. This article focuses on explaining Shamir’s Secret Sharing (SSS), Threshold Signature Schemes (TSS), Multi-Party Computation (MPC), Multi-Signature (Multisig), and Verifiable Secret Sharing (VSS) as they pertain to crypto wallets […]
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BitMEX co-founder Arthur Hayes believes the recent policy shifts by global central banks herald the start of a significant bull market for Bitcoin and high-potential altcoins. In his latest blog post, “Group of Fools,” Hayes articulated how these changes in monetary policy create a fertile ground for the crypto market’s growth. Hayes highlighted the recent […]
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Elliott Wave Theory offers a method for analyzing market cycles and predicting price movements in the crypto market.
Bitcoin’s hash rate is a critical metric that measures the computational power used to mine and process transactions on the Bitcoin network. It is expressed in hashes per second (h/s), with standard denominations including kilohashes (kH/s), megahashes (MH/s), gigahashes (GH/s), terahashes (TH/s), petahashes (PH/s), and exahashes (EH/s). The hash rate indicates how many calculations or […]
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Cathie Wood's Ark Invest was the first company to seek permission to create a spot ether ETF in September, a pioneer who blazed the trail before a wave of other high-profile applicants. It has since dropped out of the race, likely because of the incoming intense fee battle, experts say.
Ethena Labs’ USDe, a synthetic dollar stablecoin, has garnered significant community adoption, propelling it to become the fourth-largest stablecoin by market capitalization. This achievement comes at a notable juncture, as the stablecoin surpassed the entire Solana blockchain in revenue generation within the past week. USDe supply crosses $3 billion According to data from CryptoSlate, the […]
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Bitcoin and Ethereum supplies on centralized exchanges have hit record lows following the introduction of crypto-related spot exchange-traded funds (ETFs) in the United States. According to Glassnode data, Bitcoin balances on exchanges have fallen to 11.6%, the lowest since December 2017. Ethereum balances are even lower at 10.6%, the lowest since October 2015. Spot ETFs […]
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DN-404 is an experimental Ethereum token standard designed to address the limitations of its predecessor, ERC-404, by enhancing tokenized assets’ efficiency, scalability, and interoperability. DN-404, short for “Divisible NFT-404,” was developed by blockchain engineers and industry experts to improve the ERC-404 standard. ERC-404 aimed to integrate ERC-20 fungible tokens and ERC-721 NFTs to facilitate the […]
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Token standards are rules and protocols that dictate how tokens function on a blockchain. Different blockchains have their own token standards to ensure interoperability, security, and efficiency. Here are some of the key token standards across the top 10 blockchains with Turing complete environments Ethereum, Solana, BNB, and XRP: Ethereum Token Standards Ethereum has developed […]
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Plus, how much longshot money was made betting on the SEC approving an Ethereum ETF?
The crypto industry has several unique approaches to smart contract execution and decentralized applications (DApps). These innovations are driven by the need for scalability, security, and efficiency, allowing developers to build increasingly sophisticated applications. Yet, what is so different between the smart contracts on different blockchains? Which is the smartest smart contract platform? Turing completeness […]
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According to a recent Bernstein report, the approval of a spot Ethereum (ETH) exchange-traded fund (ETF) in the US may establish a precedent for classifying Solana (SOL) as a commodity. The classification of cryptocurrencies as either securities or commodities holds significant implications. Commodity classification facilitates ETF applications and approvals, while security classification subjects assets to […]
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On-chain analytics firm CryptoQuant warned that ETH prices could fluctuate if pending spot Ethereum ETFs encounter uncertainties. It warned that ETH could undergo a “significant price correction” if the SEC denies ETH ETF applications or delays the approval process. Furthermore, high exchange flows could produce ETH price volatility in the coming days. Amid rumors of […]
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Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.
The blockchain analytics firm will provide tools to spot sanctioned and illicit activity and provide market information.
The crypto market started the new month of May in red, with Bitcoin’s price plunging to a two-month low of under $56,500. This decline extends the downtrend from April, marking Bitcoin’smost challengingt month since the November 2022 crash triggered by the collapse of the FTX exchange. Red market According to CryptoSlate’s data, Bitcoin’s price sank […]
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