Tag: News

SEC waves white flag on OpenSea probe, crypto bros rejoice

The U.S. Securities and Exchange Commission (SEC) is officially backing off its investigation into NFT marketplace OpenSea — yet another example of the crypto industry benefitting from loose regulations under the Trump administration. OpenSea co-founder and CEO Devin Finzer shared…...
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Microsoft’s New Chip Could Speed Up Bitcoin’s Quantum-Resistance Timeline

Microsoft’s latest quantum computing chip, Majorana 1, might accelerate the need to make Bitcoin resistant to quantum attacks. River, a Bitcoin exchange, says the quantum threat is still years away, but discussions must start now. Source: https://www.reddit.com/r/singularity/comments/1itf6xf/microsofts_majorana_1_is_here_gone_are_the_days/ Microsoft’s Breakthrough in […] The post Microsoft’s New Chip Could Speed Up...
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Bitcoin Miner Relief Incoming: Difficulty Drop Expected Sunday

On-chain data shows the Bitcoin miners will have an easier time starting Sunday as the network Difficulty is set to see a correction. Bitcoin Mining Difficulty Will Drop In Upcoming Adjustment The “Difficulty” refers to a feature built into the Bitcoin blockchain that controls how hard the miners would...
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Bybit launches $140m bounty to track down crypto heist

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is offering a massive bounty to crack crypto’s largest theft in history. The exchange is pledging 10% of recovered funds—potentially up to $140 million—to cybersecurity experts and blockchain analysts who help…...
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North Korea’s Lazarus Group Suspected in $1.4 Billion Bybit Crypto Hack

North Korea’s infamous Lazarus Group is suspected to be the mastermind behind the $1.4 billion Ethereum (CRYPTO: ETH) hack on cryptocurrency exchange Bybit, as per findings from blockchain data platform Arkham Intelligence. What Happened: According to the report, Lazarus Group, a state-sponsored hacking organization from North Korea, is believed to have pilfered over...
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Bitcoin Surges Past $99,000 Following Dovish Remarks From Atlanta Fed President Bostic

After spending more than two weeks trading in the mid-$90,000 range, Bitcoin (BTC) is starting to climb toward the psychologically significant $100,000 mark. The flagship cryptocurrency surged past $99,000 following dovish remarks from Atlanta Federal Reserve Bank (Fed) President Raphael Bostic. Bostic’s Dovish Remarks Propel Bitcoin Beyond $99,000 Recently,...
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