Tag: news.bitcoin

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Cosmos Developers Patch Critical Flaw in IBC Protocol, Safeguarding $126 Million in Assets

Cosmos developers have successfully rectified a critical security vulnerability in its Inter-Blockchain Communication (IBC) protocol, which had placed assets worth at least $126 million in jeopardy,

Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase Bitcoin

Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold

Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig

On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig” Dorsey also shared a blog post authored by Block’s lead for mining

SEC Lawyers Resign After Judge Sanctions the Regulator for ‘Gross Abuse of Power’

Two lead attorneys for the US Securities and Exchange Commission (SEC) in the case against crypto firm Debt Box have reportedly resigned This followed a federal judge sanctioning the SEC for its

Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions

PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of US sanctions

Controversy Swirls Around Bitcoin’s BIP-420: Push Behind Opcode ‘Isn’t in Good Faith,’ Says Developer

On Monday evening, Taproot Wizards co-founder Udi Wertheimer unveiled a Bitcoin Improvement Proposal (BIP) that reintroduces the OP_CAT opcode to Bitcoin This opcode could facilitate more streamlined

Fidelity Digital Assets ‘Signals’ Report Revises Bitcoin Outlook to ‘Neutral’

The latest quarterly report from Fidelity Digital Assets (FDA) Research reveals key insights into the bitcoin and ethereum markets as of Q1 2024 With a detailed analysis of market conditions and

Blackrock Bitcoin ETF Sees 70 Straight Days of Inflows — Holdings Near 274K BTC

The world’s largest asset manager with $105 trillion in assets under management, Blackrock, has seen 70 consecutive days of inflows into its spot bitcoin exchange-traded fund (ETF) This

Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper

Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc, has introduced an approach to promote environmentally sustainable practices in bitcoin mining This research-backed

Exclusive ‘Epic Satoshi’ Auction Launches, Bids Already Double to 2 BTC

Coinex has launched the auction for the ‘epic satoshi’ from the fourth halving, originally mined by the mining pool Viabtc This event, marking Sat # 1,968,750,000,000,000, commenced

Post-Halving Fallout: Bitcoin Hashprice Slides 30%, Miners’ Earnings Hit

Following a peak in onchain fees, bitcoin miners experienced a significant decline in the hashprice, which fell from a daily rate of $114 per petahash on Sunday to a markedly lower $79 per petahash

Developing Countries Need Decentralized Physical Infrastructure Networks – Karam Lakshman

Karam Lakshman, CEO of Wifi Dabba, asserts that a country like India, which is the world’s fifth-largest economy, needs enhanced connectivity and innovation He suggests that Decentralized