Can Bitcoin Erase US Debt By 2049? VanEck Research Weighs In
VanEck has announced a bold prediction that Bitcoin will play a critical role in managing the United States’ rising national debt. The study, based on Senator Cynthia Lummis’ proposed Bitcoin Act, shows that a strategic Bitcoin reserve may partially balance the country’s debt by 2049. But how feasible is...
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Ethereum ‘Roll Back’ Suggestion Has Sparked Criticism. Here’s Why It Won’t Happen
On Friday, cryptocurrency exchange Bybit was allegedly hacked by North Korea’s Lazarus group, which drained nearly $1.4 billion in ether (ETH) from the exchange. Following the hack, Arthur Hayes, BitMEX co-founder and claiming to be a major ether (ETH) holder, wrote a post on X to Ethereum co-founder Vitalik...
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Bybit Sees 2K Bitcoin Outflow Following ETH Hack – Metrics Reveal Strong BTC Reserves
Bitcoin has experienced a quiet week, with price action stuck in a narrow range between $95K and $100K. Bulls have struggled to reclaim the $100K mark, while bears have failed to break the $95K support, leading to uncertainty about the next major move. However, fear and volatility spiked on...
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Bybit Sees Over $4 Billion ‘Bank Run’ After Crypto’s Biggest Hack
Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered a near $1.5 billion hack that saw hackers, believed to be from North Korea’s Lazarus Group, drain its ether cold wallet. The total assets tracked on wallets associated with the exchange plunged from around...
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2024 Crypto Report: Bitcoin Stable, Ethereum Declines, Niche Tokens Rally
The median cryptocurrency investor saw their portfolio grow by $5,482 in 2024, according to a recent report by crypto tax and portfolio tracking platform CoinLedger. The study analyzed data from more than half a million users, highlighting key trends in the digital asset market, including top-performing tokens and the...
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Binance Research Survey Shows 95% of Latin American Crypto Users Plan to Buy More in 2025
A vast majority of Latin American cryptocurrency users—95%—plan to expand their holdings in 2025, according to a Binance Research survey of more than 10,000 investors in Argentina, Brazil, Colombia, and Mexico. The findings show that 40.1% of respondents are expecting to buy more crypto within the next three months,...
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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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