Bitcoin's price remains stable around $64,000 despite a major security breach where Coldcard hardware wallets lost over $116 million due to a firmware flaw. The exploit, ongoing since late July, has led to multiple waves of Bitcoin theft, with attackers exploiting weak recovery seeds. Meanwhile, significant Bitcoin sales by Strategy and a stalled Clarity Act in the U.S. Senate have added market uncertainty. Despite these challenges, Bitcoin's price stays above its estimated production cost of $54,000, suggesting a potential price floor amid continued volatility.
Ethereum co-founder Vitalik Buterin has proposed EIP-8141, aiming to simplify Ethereum wallets by allowing multiple actions in one transaction, supporting key rotation to reduce reliance on seed phrases, and enabling apps to pay users' gas fees. This...
Since the Federal Reserve's establishment in 1913, the US dollar has lost about 97% of its purchasing power due to inflation and major economic events. This decline has increased interest in Bitcoin, which offers a capped supply and potential protect...
In Q2 2024, Goldman Sachs held the largest institutional position in XRP ETFs, with $87.45 million in exposure, far ahead of Jane Street and Millennium Management. These holdings represent about 12.4% of the total $1.48 billion in XRP ETF net assets,...
Berlin's state government refused to pay a 30 Bitcoin ransom (about $2.4 million) demanded by the Rhysida ransomware group, leading to the release of 5.7 terabytes of stolen data on the dark web. The cyberattack, detected on August 14, disrupted two ...
Bitcoin traded near $79,972, up 0.43% in 24 hours, with optimism for reaching $85,000 fueled by strong ETF inflows and bullish market sentiment. The global crypto market cap rose to $2.72 trillion, led by gains in Solana, Ethereum, XRP, and BNB. Key ...
