Category: crypto

The history of internet logins dates back to the 1960s and 1970s with the development of computer networks. The introduction of web-based logins in the 1990s brought new security challenges. Blockchain technology has potential to revolutionize logins with zero-knowledge proofs, but current scalability and cost issues hinder widespread adoption.

Bitcoin has been hitting new all-time highs almost weekly in November, reaching nearly $100,000 on November 22nd. The altcoin market has been reinvigorated, with a $1.49 trillion market cap. The relationship between Bitcoin and altcoins is important, and memecoins have dominated the market recently. Older altcoins are returning to the scene as Bitcoin’s bull run…

Vincent Maliepaard, Marketing Director at IntoTheBlock, discusses the slow adoption of DeFi by institutions due to regulatory hurdles, structural barriers, liquidity fragmentation, and risk management issues. To attract institutional capital, DeFi must develop institutional-grade infrastructure and risk management solutions to transform traditional finance and establish itself as a key player in the financial ecosystem.

Japanese lawmaker Satoshi Hamada has suggested integrating Bitcoin into Japan’s foreign exchange reserves, citing its potential as a strategic asset amidst global interest in crypto adoption. This proposal comes as Bitcoin surpasses $100,000 in value, with Hamada highlighting the benefits of such a move for Japan’s economy and financial flexibility.

BiT Global has filed a lawsuit against Coinbase for unfairly removing wrapped Bitcoin (WBTC) to promote their in-house product, cbBTC. The lawsuit accuses Coinbase of antitrust violations and using its dominance to eliminate competition. BiT Global aims to restore competition and prevent further centralization of power in the crypto market.

OpenAI has responded to Elon Musk’s lawsuit, highlighting his previous support for the company’s shift to a for-profit structure. Musk, a co-founder, accused the AI company of abandoning its nonprofit roots. OpenAI emphasized Musk’s early involvement in shaping its structure and noted his concerns about operating as a nonprofit before its launch. Musk proposed a…

Solana has surpassed Ethereum as the top choice for new developers, attracting 7,625 new developers in the past year, with 2,000 monthly active developers. Solana’s appeal lies in its efficiency, scalability, and low transaction costs, making it popular for cost-effective applications. Despite Solana’s growth, Ethereum remains the largest blockchain ecosystem overall.

The Cardano Foundation regained control of its official X account after a hacking incident on Dec. 8. The attackers promoted a fraudulent token and spread false claims about legal action from the SEC. Internal disputes within the Foundation were highlighted, including concerns over governance, transparency, and decision-making processes. Hoskinson criticized the Foundation’s opaque decision-making and…

Congressman French Hill, the new chair of the House Financial Services Committee, aims to address regulatory confusion in the crypto industry and boost public market growth. He plans to simplify oversight, standardize rules, and prioritize the Financial Innovation and Technology for the 21st Century Act. Hill is cautious about the idea of a national Bitcoin…

Riot Platforms, a Bitcoin mining company, acquired 5,113 BTC for $510 million, with holdings now at 16,728 BTC. This makes it a top public holder of Bitcoin, surpassing Tesla. The purchase was funded by a $525 million convertible bond issuance. The company may consider allocating mining capacity to AI.