Over a thousand bitcoins are believed to have been stolen so far in a hack that started to be discussed on social media in the afternoon of July 30th. Coinkite, one of the most reputable hardware wallet manufacturers, was revealed to have a critical bug in the way it generated secure private keys for its
Hello, fellow Ethereans. I am Mihai Alisie, one of the Ethereum founders, and for the past year I’ve served as the vice president of the Ethereum Foundation and as director of Ethereum Switzerland. In the early days of the project I concentrated my attention on the community side and worked on the holons idea for
SpaceX stock remained under pressure near a record low as traders prepared for the company’s first post-IPO earnings report and the release of 911.5 million insider shares. Summary SpaceX shares fell 3.41% to $108 on July 31, their lowest close since the June IPO. SPCX lost about 36% in July, extending its decline from the
Ethereum has been preparing what we consider to be the most exciting digital alliance since IBM and Microsoft partnered so successfully on the IBM PC. We know that you’ve been anticipating great things from Ethereum and we are delighted to present you with this exciting and unexpected news. As you know, mining in Ethereum is
BTC is under pressure. After repeated rejections from the $80K to $83K region, price has now broken lower and is testing below $78K, right around the monthly open. At the same time, institutional demand is weakening, ETF flows have flipped negative, and macro conditions are shifting risk-off. When structure starts to shift, professional traders no
Bitget has upgraded its Bitcoin-backed BGBTC asset with daily BTC-denominated rewards, cross-chain transfers through Chainlink CCIP, and independent oversight from Gauntlet. Summary BGBTC holders will receive daily rewards denominated in Bitcoin following the upgrade. Chainlink CCIP will serve as BGBTC’s canonical cross-chain infrastructure. Gauntlet will independently oversee the asset’s underlying yield strategies. BGBTC remains backed
Although the core concept was proven last summer when lead developers Vitalik Buterin, Gavin Wood, and Jeffrey Wilcke initiated the PoC (proof-of-concept) series in Python, C++, and Go, a lot of engineering effort has gone to solidifying these implementations. We’re all anxious to release a stable command line client and issues flagged in the external
Bitcoin was trading near $64,650 on July 30, pinned inside the $60,000–$65,000 range it has occupied for months, while JPMorgan analyst Nikolaos Panigirtzoglou delivered a pointed verdict in a fresh client note: declining odds of the Digital Asset Market Clarity Act (CLARITY Act) becoming law this year are a direct headwind for the entire crypto
Strategy shares fell 4.56% to $93.28 on July 31 after the company reported an $8.22 billion quarterly loss and prioritized restoring its STRC preferred stock to its $100 par value. Summary Strategy stock closed at $93.28, approaching its lower Bollinger Band at $90.31. The company reported an $8.22 billion net loss after recording an $8.32
I’m a great believer in judging the present through the knowledge of the past. In the past 25 or so years one of the biggest trends in business and technology was what might loosely be termed as the open source revolution. The notion of it being good business to share your source code might not
