Bitcoin

Marathon Digital Holdings (MARA), a prominent Bitcoin mining company, transferred approximately 1,200 Bitcoin, valued at roughly $81.1 million at the time of the transaction, to Galaxy Digital. This significant transfer of digital assets occurred as Marathon Digital Holdings publicly announced…

The Trump administration has unveiled a substantial $6 billion initiative dedicated to advancing science and technology research and development within the United States. A significant portion of this funding, specifically $215 million, is earmarked for a quantum computing competition.

The U.S. government initiated a significant transfer of Bitcoin, moving 12,267 BTC valued at approximately $1 billion, on April 2, 2024. This substantial amount originated from assets seized in connection with the 2016 Bitfinex cryptocurrency exchange hack.

An estimated 6 million Bitcoin are currently exposed through publicly accessible wallet addresses, a significant vulnerability that has prompted urgent warnings from cryptocurrency security experts. These figures, highlighted by Glassnode co-founder Rafael Schultze-Kraft, indicate a substantial portion of the total…

Ethereum researchers have issued a stark warning that advanced artificial intelligence (AI) could potentially break the cryptographic signatures that secure Bitcoin, Ether, and the vast array of tokens built upon these blockchains.

Europol, the European Union's law enforcement agency, has issued a stark warning regarding the vulnerability of cryptocurrency wallets to future quantum computing attacks. The agency anticipates that as quantum computing technology advances, these wallets will become a primary target…

Jay Clayton, the former Chairman of the U.S. Securities and Exchange Commission (SEC), has been appointed as an "AI Czar" by former President Donald Trump. This appointment has drawn criticism from Roman Storm and members of the XRP community…

THORChain processed approximately $6 million in cryptocurrency swaps for a hacker, moving funds from Ethereum to Bitcoin, despite a request from the cryptocurrency exchange Bitget to block the transactions. CoinDesk reported that 27 successful swaps facilitated the movement of roughly…

Cryptocurrency exchange Bitget has resumed Bitcoin withdrawals on Tuesday, March 19, 2024, marking a significant step in restoring services after a substantial hack that occurred last week. The exchange reported that the hacker responsible for the breach managed to swap…

Cryptocurrency exchange Bitget announced on November 27, 2023, that it has resumed Bitcoin withdrawals, which had been suspended following a significant security breach. The exchange confirmed that the suspension was lifted after approximately 48 hours, allowing users to once again…

The Bitcoin network faces a theoretical threat from quantum computers, often referred to as "Q-Day," which could potentially break the cryptographic algorithms securing its transactions. However, three recent developments indicate a significant shift from theoretical concern to practical solutions, moving…

An open competition organized by StarkWare, Yukon Research, and Eigen Labs has dramatically reduced the estimated cost of constructing a quantum-safe Bitcoin transaction, bringing it down from approximately $320 to around $67.

A Brooklyn resident has been sentenced to 12 years in federal prison for his central role in a large-scale cryptocurrency phishing operation that defrauded approximately 100 individuals across the United States of $16 million.

European financial regulatory bodies have issued a significant warning regarding the imminent threat that quantum computing poses to the security of blockchain technology, particularly its encryption methods. This alert underscores the urgent need to address vulnerabilities that could be exploited…

StarkWare, a company specializing in zero-knowledge proofs, announced this week that a week-long artificial intelligence coding contest significantly reduced the estimated computational cost for a quantum-safe Bitcoin transaction. Participants utilizing AI tools were able to make the computation approximately five…

StarkWare, a company specializing in zero-knowledge proofs, announced a significant cost reduction for preparing an experimental quantum-resistant Bitcoin transaction. A weeklong optimization challenge successfully lowered the estimated GPU cost for this process to under $67.

European Union financial supervisors have issued a stark warning regarding the potential threat that quantum computing poses to the security of blockchain technology and cryptocurrencies. The warning, detailed in a recent assessment, highlights that the advanced computational power of quantum…

Coinbase, a leading cryptocurrency exchange managing assets valued in the hundreds of billions of dollars, is proactively developing its Bitcoin custody infrastructure to mitigate the future threat posed by quantum computing.

White-hat hackers have successfully consolidated Bitcoin funds that were previously exploited from Coldcard hardware wallets into a new, designated address. This address has been tagged as a "Crypto Recovery Trust," indicating an effort to secure and potentially recover the stolen…

White hat hackers successfully recovered approximately 40% of the Bitcoin that was moved during the second wave of the Coldcard exploit, a hardware cryptocurrency wallet, and transferred it to a trust established in Wyoming for the benefit of the victims.