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Steven Nerayoff, a former adviser to the Ethereum network, has publicly denounced Joseph Lubin, co-founder of the Ethereum Project and the founder of Consensys, and other “bad actors” for their detrimental actions in the cryptocurrency market. In a tweet, Nerayoff clarifies that his dispute is not with Ethereum as a whole, but specifically with Lubin … Read more
The cryptocurrency exchange Rain, which focuses on the Middle East, was likely exploited for $14.8 million on April 29, according to online crypto investigator Zachxbt. Zachxbt says he traced the stolen funds to a bitcoin address with 137.9 bitcoins and an ethereum address holding 1,881 ether. Crypto Exchange Yet to Confirm Attack According to online … Read more
David Marcus, CEO of Lightspark, a company that offers lightning network (LN) related services, has stated that LN will become the “interoperability neutral settlement layer” for the world. Marcus declared that only Bitcoin is “neutral enough” to be implemented as the enabler between national payment systems, granting companies and institutions adopting it an edge for … Read more
Last week at the BIS Innovation Summit 2024, Israeli historian, philosopher, and bestselling author Yuval Noah Harari shared his views on bitcoin and electronic currency. During his presentation, Harari emphasized his disapproval of bitcoin, stating it is its money “built on distrust.” Yuval Harari Voices Concerns Over Bitcoin Yuval Noah Harari has openly stated his … Read more
Belarusian President Alexander Lukashenko stated that many nations are reconsidering their use of the U.S. dollar and euro due to recent global financial tensions. Speaking in Minsk, Lukashenko highlighted that this shift is not limited to Belarus and Russia, but is observed worldwide. He attributed the declining relevance of these currencies to the controversy surrounding … Read more
On Monday, the cryptocurrency market maintained steady growth, with its valuation reaching $2.3 trillion—an increase of 1.72% over the last 24 hours. Over the past week, six cryptocurrencies have posted double-digit gains, while around two dozen have experienced significant losses. Crypto Asset Market Sees Varied Performance This week saw a mixed performance within the crypto … Read more
The protocol is now an integral part of the Bitcoin ecosystem alongside Ordinals and BRC-20 tokens. Go to Source
Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of this upgrade, stressing that it would allow users to complete stablecoin payments leveraging affordable LN transaction fees. Lightning Labs CEO … Read more
As Ethereum strives to reclaim the $3,000 trading price, investors eagerly await the deadline for three spot Ethereum ETF applications, scheduled for May 25th. ETH ETF Deadline Approaches 👀 In just 12 days, we’ll hit the final deadline for not one, but THREE spot Ethereum #ETF applications 🚨 The SEC has to make a decision … Read more
Bitcoin surged today, reclaiming the $63K mark with a 3% gain, signaling renewed optimism in the crypto market. Intotheblock’s data reveals that approximately 5.1 million Bitcoin addresses, constituting roughly 10% of the total addresses, bought BTC between the current price and its all-time high of $72,500, indicating strong investor interest in the digital asset. 5.1 … Read more