The crypto market moved sideways over Christmas; losses from a hack targeting Trust Wallet users reached $7m; bitcoin mining difficulty halted its slide; and other news of the week. A holiday pause In the Christmas week (Catholic Christmas is celebrated overnight from 24 to 25 December) the crypto market paused: volatility subsided and prices barely […]
On December 27, the value of the L1 blockchain token Flow (FLOW) dropped by 40% — from $0.17 to $0.1. This decline followed an attack causing $3.9 million in damages. Hourly chart of FLOW/USDT on Binance. Source: TradingView. At the time of writing, the asset had recovered to $0.12. The incident was first highlighted by […]
In the coming decade, the leading cryptocurrency is expected to maintain high returns, though significant annual fluctuations are unlikely, according to Bitwise’s Chief Investment Officer Matt Hougan in an interview with CNBC. “We are in a period of sustainable growth and stable profits. These won’t be impressive figures, but the market is assured of returns […]
China’s cybersecurity regulator has released a draft of rules for public consultation, aimed at overseeing AI services that mimic human personalities, according to Reuters. The regulations will apply to AI-based products and services that replicate human-like thinking models and communication styles, interacting with users on an emotional level. Communications may involve texts, images, audio, video, […]
Tokens like XRP from Ripple and Cardano (ADA) must demonstrate their real utility, or they risk losing to more successful competitors, according to Galaxy Digital CEO Mike Novogratz. In a conversation with Head of Research Alex Thorn, the company head noted that the crypto market is shifting from “narrative-based tokens” to those with a business […]
Bitmain has significantly reduced prices on both outdated and modern bitcoin mining rigs, according to TheMinerMag, citing the manufacturer’s price list for clients. On December 23, the company offered buyers a set of four Antminer S19 XP+ Hyd paired with an ANTRACK V2 container for $4 per TH/s. Equipment shipments are possible in January. The […]
We have gathered the week’s most important cybersecurity news. Researchers found a new, feature-rich cryptocurrency stealer. Chrome extensions intercepted user traffic for eight years. Activists “backed up” 86 million Spotify audio files. Uzbekistan’s traffic-management database was left without a password. Researchers uncover a new crypto stealer with broad capabilities Experts at Kaspersky reported a new […]
The XRP Ledger (XRPL) team has integrated “full protection” against the threat posed by quantum computers into the AlphaNet developer network. This was announced by Denis Angell, lead software engineer at XRPL Labs. According to him, the update affected all key elements of the protocol’s architecture: accounts, consensus, and transactions. Anticipating “Q Day” In the […]
On December 25th, following the latest adjustment, the mining difficulty of the leading cryptocurrency increased by a modest 0.04% to 148.26 T. Source: CloverPool. After reaching an all-time high of 155.97 T on October 29th, the metric recorded three consecutive declines: 2.37%, 1.95%, and 0.74%. Meanwhile, Bitcoin’s hashrate remained above 1 ZH/s. According to Glassnode, […]
Since January, RWA tokens have shown the highest increase in value at 185.8%, according to a study by CoinGecko. Source: CoinGecko. The narrative of tokenized real-world assets emerged as the most profitable. Keeta Network (+1794.9%), Zebec Network (+217.3%), and Maple Finance (+123%) were the main contributors to this result. In 2024, RWA tokens ranked third […]
