News

Hong Kong Regulators Restrict Retail Investor Access to ‘Complex’ Crypto Products

October 23, 2023 0

The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities introduced additional measures to protect retail

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Lightning Network Developer Warns About Major Vulnerability, Abandons Security Tasks

October 23, 2023 0

Antoine Riard, a Lightning Network (LN) developer, recently disclosed a major vulnerability affecting Bitcoin’s scaling layer. This vulnerability, which was addressed with a series of mitigations, involves a “new transaction-relay jamming attack” that can affect shared funds in channels. Riard abandoned LN-related work after testing the feasibility of these attacks in the

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10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation

October 22, 2023 0

Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top 100 holders. Aave and Compound Emerge as Leading Holders of […]

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Skybridge Boss Scaramucci Predicts Bitcoin’s Value Could Multiply 11-fold With Blackrock’s ETF Approval

October 22, 2023 0

Anthony Scaramucci, founder of Skybridge Capital, believes that if the U.S. Securities and Exchange Commission (SEC) approves Blackrock’s spot bitcoin exchange-traded fund, the value of bitcoin could surge significantly. Scaramucci also discussed Sam Bankman-Fried, the former head of FTX, and Gary Gensler, the current chair of the SEC. Scaramucci Shares His Bold Bitcoin

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Report Exposes Warrantless Cash Searches at Atlanta Airport

October 22, 2023 0

In a startling investigation report, Atlanta News First uncovered the concerning practices of the U.S. Drug Enforcement Administration (DEA) task force officers. At Hartsfield-Jackson Atlanta International Airport, DEA officers, in plain clothes, have been found searching passengers’ carry-ons without warrants and seizing large sums of cash without making arrests. The

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New Research Suggests Hal Finney Was Not Satoshi Nakamoto

October 22, 2023 0

In an extensive analysis, the American software engineer and columnist Jameson Lopp tackles the enduring mystery of Bitcoin’s creator, Satoshi Nakamoto. While many have speculated that computer scientist Hal Finney was behind the pseudonym, Lopp presents several compelling instances that counter this theory. Here’s what Lopp’s research unveiled. The Satoshi Mystery:

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Bitcoin’s Daily Transactions See Sharp 46% Decline Since Mid-September

October 22, 2023 0

Over the past 37 days, since September 15, 2023, the number of daily bitcoin transactions has dropped considerably, with the trend of Ordinal inscriptions experiencing a significant slowdown. In the first two weeks of September, the average number of daily transactions confirmed on the Bitcoin blockchain decreased by more than 46%. 2023’s Bitcoin Transaction Paradox: […]

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SEC ‘Surrender,’ Fear of Middle East Escalation, Meme Coin Market Update — Bitcoin.com News Week in Review

October 22, 2023 0

In big crypto and finance news this week, the SEC has dropped its lawsuit against top Ripple execs, Bridgewater founder Ray Dalio speculates on war in the context of strife in the Middle East, and a look at the meme coin market’s performance in 2023. This and more just below, in the latest Bitcoin.com News […]

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Centralized Mining Pools ‘Antithetical to the Ideals That Gave Rise to BTC and the Blockchain Movement’ — Tomer Afek

October 22, 2023 0

The apparent centralization in both proof-of-work and proof-of-stake protocols is “tragic because it’s antithetical to the cypherpunk ideals” that birthed the the bitcoin and blockchain movement, Tomer Afek, the CEO at the crypto platform Spacemesh, has argued. To back this assertion, Afek told Bitcoin.com News that only two Bitcoin mining pools control more than 50% […]

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Report: Africa-Focused Crypto Trading App Shut Down — Co-Founder Says Only Nigerian Users Affected

October 22, 2023 0

The Africa-focused crypto trading app Vibra has reportedly stopped working in Ghana, Kenya, and Nigeria. Reports that the app is not working in the three countries contradict the co-founder’s claim that only users from Nigeria are affected. Resign or Get Fired An Africa-focused crypto trading app, Vibra, has reportedly been stopped in Ghana, Kenya and […]