The complexity of using the ecosystem of the second-largest cryptocurrency by market capitalization hinders its widespread adoption, according to Ethereum co-founder Vitalik Buterin. An important and underrated form of trustlessness is increasing the number of people who can actually understand the whole protocol from top to bottom. Ethereum needs to get better at this (by […]
Tether announced the launch of PearPass, a password manager that stores credentials solely on users’ devices without using cloud servers. The developers have opted against centralized data storage to eliminate the risk of mass leaks. Synchronization between devices occurs directly through an encrypted P2P connection, removing the need for intermediaries and the transfer of access […]
The Solana Foundation has partnered with Project Eleven to prepare its network for potential threats posed by quantum computers. Quantum computers aren’t here yet, but Solana Foundation is preparing for the possibility. To that end, we’ve consulted with Project Eleven to assess our quantum readiness. We’re pleased to announce a first step, the deployment of […]
The Lightning Network (LN) has set a new all-time high for capacity, helped by adoption by big exchanges and technical improvements. On 15 December the figure reached 5,606 BTC, surpassing the previous peak set in March 2023. LN capacity and value deployed. Source: Bitcoin Visuals. On 16 December analytics platform Amboss recorded a peak of […]
The leading cryptocurrency is trading near a crucial psychological and technical level of $81,500, as highlighted by on-chain analyst MorenoDV. Who’s Still Willing to Hold? “If Bitcoin holds above the TMMP ($81.5K) while AVIV stabilizes (0.8-0.9), it suggests investors are absorbing supply and defending their cost basis. If price loses TMMP and AVIV continues to […]
By 2028, the price of the leading cryptocurrency could drop below $50,000 if its network does not become resistant to quantum attacks. This opinion was shared by Charles Edwards, founder of the investment fund Capriole. Starting to think we will just need a huge bear market to wash out the idiots who think the Quantum […]
The Kingdom of Bhutan has launched the Bitcoin Development Pledge program, committing up to 10,000 BTC (approximately $1 billion) to support the national economy. Bhutan has announced a landmark Bitcoin Development Pledge, committing up to 10,000 BTC (≈ USD 1B) to support the long-term development of Gelephu Mindfulness City (GMC). Guided by the vision of […]
The U.S. Federal Deposit Insurance Corporation (FDIC) has released its first draft of rules governing the application process for issuing stablecoins. This initiative is part of the GENIUS Act. The FDIC plans to review public comments for 60 days following the publication. The proposal will affect depository institutions seeking to create subsidiaries for issuing dollar-backed […]
Between 2024 and 2025, the proportion of the adult population in the UK holding digital assets decreased from 12% to 8%, according to a report by the FCA. Source: FCA. For comparison, the figure was 4% in 2021 and 10% in 2022. Public awareness of cryptocurrencies remains high at approximately 91%, with little change from […]
Payment company Visa announced the launch of USDC settlements in the United States. Issuing banks and acquirers can now conduct direct transactions in stablecoin through the payment system. The first participants in the program are Cross River Bank and Lead Bank, which have already begun using the Solana blockchain. A full-scale expansion of the service […]
