Professor Massimiliano Sala, of the University of Trento in Italy, recently discussed the future of blockchain technology, as it relates to encryption and quantum computing, with the crew at Ripple as part of the company’s ongoing university lecture series. Sala’s discussion focused on the potential threat posed by quantum computers as the technology matures. According […]
Visit PageShare this article The Depository Trust and Clearing Corporation (DTCC), the world’s largest securities settlement system, has completed a pilot project called Smart NAV in collaboration with blockchain oracle Chainlink (LINK). Major financial institutions from the US also participated in the pilot. According to a report published by DTCC, the pilot was initiated to establish […]
Visit PageBitcoin (BTC) jumped 7.54% in the past 24 hours and pushed past $65,000 amid positive United States inflation data with traders now keeping an eye on two key indicators for a potential rise to $70,000. Pseudonymous crypto trader Blockchain Mane told cryptodirectories they are closely observing the Gann Fans model — a key indicator which […]
Visit PageAs the Bitcoin price continues to fluctuate wildly, the question in every investor’s mouth right now is when the digital asset will find its bottom. For some, the bottom has already been met, while for others, there are still more price crashes to come. However, one analyst’s prediction in particular stands out and this is […]
Visit PageStablecoin issuer Tether froze USDT (USDT) worth $5.2 million linked to phishing scams on May 14. This USDT was stored in 12 Ethereum wallets tagged as “USDT Banned Address.” On-chain analytic firm Slomist’s chief security officer said that the addresses were being used for laundering funds from phishing scams without elaborating further. Source: SlowMist Tether, […]
Visit PageShare this article In a recent 13F filing with the Securities and Exchange Commission (SEC), UBS Group AG, the Switzerland-based global investment bank and financial services firm, disclosed a substantial holding in the iShares Bitcoin Trust (IBIT), an exchange-traded fund (ETF) managed by BlackRock Inc. The filing, which covers the first quarter of 2024, reveals […]
Visit PageThe address poisoning attacker who tricked a user into sending them 1,155 Wrapped Bitcoin (wBTC) (worth $68 million at the time) has returned nearly all of the funds stolen, blockchain data shows. The funds had been swapped for Ether (ETH) during the time period that they were held by the attacker, and the price of […]
Visit PageShare this article There’s always one or more reasons behind a company board member’s departure. With Jack Dorsey and Bluesky, it’s all about direction. Speaking with Pirates Wires this week, Bluesky’s inventor said the company is straying from its original decentralized ethos and resembling a conventional social media app, the type of app he intended […]
Visit PageMovement and accumulation from crypto whales are two of the catalysts for Bitcoin price increases. Although major whales are still buying the dip, on-chain data indicates a general waning accumulation momentum which suggests their conviction might actually be waning. According to IntoTheBlock, an on-chain analytics firm, Bitcoin whale accumulation volumes have declined substantially in each […]
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Mike McGlone, Senior commodity strategist at Bloomberg Intelligence, has made a rather pessimistic prediction for Bitcoin, emphasizing that the cryptocurrency’s potential rise to $150,00 was a long shot. The strategist has revealed factors that could make Bitcoin’s projected surge to $150,000 difficult, highlighting both macroeconomic trends and Bitcoin’s performance in 2024. Bitcoin Surge To $150,000 […]
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