Moola, a decentralized finance (defi) lending and borrowing platform, was recently exploited for $8.4 million in what has been described as an “incredibly simple attack.” Moola responded to the attack by pausing all activity on the platform. The defi platform also told the attacker(s) it was willing to negotiate aContinue Reading

On Tuesday, October 18, researchers from the crypto analysis platform Cryptoquant identified an outflow of 48,000 bitcoin coming from the trading platform Coinbase Pro. According to the researcher’s summary of the situation, a large portion of the funds were old coins. Whale Transfers 48,000 Bitcoin Amid Coiled Market While bitcoinContinue Reading

Ethereum was back below the $1,300 level on Wednesday, as the U.S. dollar rose following better than expected quarterly earnings. So far this earnings season, Netflix, Bank of America, and others have outperformed expectations, highlighting what some view as the resilience of the U.S. economy, despite the global slowdown. BitcoinContinue Reading

Those who decry Bitcoin’s use of energy fail to acknowledge that all things in life require energy, and there is no such thing as free lunch. This article is featured in Bitcoin Magazine’s “The Orange Party Issue”. Click here to subscribe now. A PDF pamphlet of this article is availableContinue Reading

Why the nearly-14-year-old cryptocurrency has lost its luster … according to the “experts.” There are better options in 2022. This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The Bitcoin Times and Host of the “Wake Up Podcast with Svetski.” It’s October 2022. BitcoinContinue Reading

Erlay will bring bandwidth efficiency gains to Bitcoin’s peer-to-peer layer by changing the transaction relay protocol where full nodes share data. The below is a direct excerpt of Marty’s Bent Issue #1274: “Erlay support signaling has been merged into Bitcoin Core.” Sign up for the newsletter here. via GitHub It’sContinue Reading