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Bitcoin News
Hackernoon
3w
207
Image Credit: Hackernoon
How To Secure A Blockchain As A Developer
- Blockchain developers need to address various attack vectors and implement security controls.
- Possible attack vectors include phishing attacks, code exploitation, routing attacks, stolen keys, sybil attacks, and the 51% attack.
- To enhance blockchain security, developers should use VPNs, implement strong access controls, update software regularly, and consider disaster recovery protocols.
- Developers should also address governance, data recording, identity management, encryption of block payloads, key management, block collision resolution, and disaster recovery planning.
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Bitcoinmagazine
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198
What The ECB Gets Wrong About Bitcoin
- A recent paper from two economists at the European Central Bank has made a number of unsubstantiated claims about bitcoin and its impact on society.
- They state that early bitcoin investors are impoverishing those who came later to the game, but this is true if the early investors don't sell and equally true of other publicly-traded assets.
- The report also claims that bitcoin has failed as a payment technology without mentioning the growth of the fast and cheap Lightning Network built on the asset.
- The ECB paper suggests criminals prefer cryptocurrency above all other assets, yet this is not true, with data showing cash is the most popular asset for committing illegal activity.
- Equally laughable is the claim that crypto funding of democratic candidates is a threat to democracy and only Bitcoin is a currency of last resort for pro-democracy activists.
- The paper's tone is also paternalistic and suggests retail investors need more protection from Bitcoin and shouldn't be allowed to make their own mind up, which is deeply concerning.
- The researchers also seem to misunderstand how markets work, seemingly suggesting that those who get involved at the top of a cycle are unsophisticated and lose money.
- Finally, the ECB paper suggests the central bank can simply raise interest rates to counteract any bitcoin bubble, something that has been proven false in the past.
- Overall, the paper shows a lack of understanding of how the crypto market works, ignoring some of its most innovative features and its ability to serve those debanked by authoritarian regimes.
- It also suggests that retail investors are preyed upon by savvy crypto investors when everyone has the same opportunity to buy and sell assets, and Bitcoin is no exception.
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Medium
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97
Image Credit: Medium
Shards X Saakuru Labs: Powering the Future of Easy Web3 Adoption
- Saakuru Labs is a consumer-centric Layer2 protocol with zero transaction fees.
- Saakuru has achieved 5 million daily transactions within a one-second block time.
- Saakuru is known for its speed, security, and intuitiveness, improving the developer experience.
- Using the Shards SDK, Saakuru aims to enhance gamification tools and simplify Web3 adoption.
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Crypto-News-Flash
3w
26
Image Credit: Crypto-News-Flash
Meet Lily Knight: The World’s Youngest Bitcoin Educator
- Lily Knight, at just three years old, became the youngest Bitcoin educator, simplifying complex concepts like blockchain for beginners.
- Lily's viral videos and interviews, including with Michael Saylor, highlight her unique role in making crypto accessible to all.
- Born in 2017, Lily's journey into the crypto realm was shaped by her parents' efforts to include her in educational activities during the COVID-19 lockdowns.
- Lily's simple explanations and enthusiasm have captivated audiences, making Bitcoin and blockchain more understandable and appealing.
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Cryptoticker
3w
349
Image Credit: Cryptoticker
Bitcoin Hashrate Hits Record High
- Bitcoin hashrate has reached a record high, signaling enhanced network security.
- Advancements in mining technology, particularly ASICs, have contributed to the increase in hashrate.
- The rise in hashrate strengthens Bitcoin's resistance to attacks and demonstrates its maturity as a leading cryptocurrency.
- However, higher hashrate also drives up mining costs, potentially leading to industry consolidation and reduced accessibility for smaller miners.
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Crypto-News-Flash
3w
326
Image Credit: Crypto-News-Flash
The Budget Ryan Reynolds: How This English Football Club is Putting Bitcoin on the Map
- Peter McCormack, a well-known podcaster in the crypto world, has bought Real Bedford FC and is funding its ambitions to join the English Premier League with Bitcoin.
- Real Bedford FC has attracted investments from the Winklevoss twins and sponsorships from leading crypto companies, including Gemini, Luxor, Ledger, and Galaxy.
- McCormack aims to transform Real Bedford into a Bitcoin club, allowing the club to gain sponsors and fans beyond the local area.
- Despite promoting Bitcoin, McCormack wants to ensure that Real Bedford isn't regarded solely as a Bitcoin company to protect it from any backlash related to negative crypto events.
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Cryptoslate
3w
437
Image Credit: Cryptoslate
Ethereum ETFs face rocky start but retain strong growth potential affirms Bitwise CEO
- Recently launched spot Ethereum exchange-traded funds (ETFs) have seen lower volumes and inflows compared to Bitcoin ETFs.
- BlackRock's ETHA has attracted $1.45 billion in net inflows, while Fidelity's FETH and Bitwise's ETHW have seen inflows of $498 million and $321 million, respectively.
- Reasons for the slow start of Ethereum ETFs include the timing of their launch during a traditionally slower investment period and the focus on Bitcoin during that time.
- Bitwise CEO believes it is too early to judge Ethereum ETFs' long-term potential and highlights the success of Bitwise's European franchise that offers exposure to Ethereum and captures staking rewards.
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Crypto-News-Flash
3w
282
Image Credit: Crypto-News-Flash
Cardano’s Social Surge and Hoskinson’s Bitcoin Flip Prediction Signal Bold Future for ADA
- Cardano co-founder Charles Hoskinson predicts that Cardano would surpass Bitcoin and Ethereum in the next decade.
- Cardano experienced a surge in social media activities, gaining 2000 net followers in October.
- Rick McCracken, a Cardano stakeholder, criticizes the project's lack of aggressive marketing approach.
- Hoskinson believes Cardano is technically superior and focuses on long-term sustainability rather than short-term success.
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Bitcoinsensus
3w
207
Image Credit: Bitcoinsensus
SEC’s New Appeal: What It Means for Ripple and XRP
- The SEC is appealing the 2023 ruling, focusing on Ripple’s sales practices and executive involvement, not XRP’s classification as a security.
- Ripple’s Chief Legal Officer clarified that the appeal does not directly challenge the 'not security' ruling.
- Ripple’s cross-appeal and the SEC’s remand request mean the case’s resolution is unlikely before 2025.
- XRP market showed positive response to the news, with a 4% increase in value during the peak.
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Coinpedia
3w
357
Image Credit: Coinpedia
Crypto Market’s Year-End Rally: Pizzino Reveals Tips for Long-Term Success
- Crypto expert Jason Pizzino believes Bitcoin will continue its steady rise despite market expectations for a sharp correction.
- Pizzino advises investors to avoid being influenced by social media hype and stick to their investment strategy during market dips.
- He points out the importance of paying attention to broader market trends, global economic indicators, and technical signals to make informed investment decisions.
- Pizzino outlines indicators signaling more upside for Bitcoin and emphasizes the need for it to stay above $66,000 for a long-term positive outlook.
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Bitcoinsensus
3w
79
Image Credit: Bitcoinsensus
Stripe Acquires Bridge for $1.1 Billion: A Move into Crypto
- Stripe has acquired Bridge for $1.1 billion, marking its largest acquisition to date.
- The deal highlights Stripe’s commitment to integrating stablecoin payment technologies.
- This move comes amid ongoing discussions in Europe and the U.S. regarding cryptocurrency regulations.
- Bridge offers advanced APIs for building payment platforms based on stablecoins, indicating Stripe's interest in the world of crypto.
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Cryptoslate
3w
203
Image Credit: Cryptoslate
US election hopes spark three-month high inflow of over $2 billion in crypto investments
- Global digital asset investment products saw a three-month high inflow of $2.2 billion last week.
- Optimism surrounding the upcoming US elections and expectations of a Republican victory fueled the surge.
- Bitcoin ETFs in the US received inflows of $2.13 billion, the highest since March 2024.
- Ethereum also saw inflows of $58 million, breaking its trend of outflows.
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Newsbtc
3w
402
HODL Fever: Bitcoin Holders Refuse To Sell As Data Shows Record BTC Stash
- Bitcoin holders are refusing to sell as data shows a record BTC stash.
- More investors are adopting the 'buy and hold' strategy.
- Bitcoin's illiquid supply has been increasing, indicating more users are holding BTC.
- Institutional investors are also showing interest in Bitcoin as a hedge against inflation.
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Tokenhell
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4
Price Analysis October 21st, 2024 – BTC, BNB, ETH, DOGE, XRP, and SOL
- Bitcoin has traded above $68,000 in the past 24 hours, indicating the resumption of its upward movement.
- Analysts predict a sharp pullback from $70,000 due to the growing open interest in the futures market.
- If BTC remains above $68,000, investor sentiment on crypto could improve, prompting a marketwide rally.
- Ethereum, BNB, Solana, XRP, and DOGE also analyzed for price movement.
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Dev
3w
384
Image Credit: Dev
Understanding Different Types of Blockchains: Public, Private and Hybrid (Permissioned & Permissionless)
- Blockchain technology has evolved significantly over the past decade, offering various solutions for various business needs.
- To choose the right type of blockchain for a project, it’s essential to understand the distinctions between the different types: public, private, hybrid, and consortium blockchains.
- Public blockchains are open, decentralised networks that allow anyone to join, read, write, and participate in the consensus process.
- Private blockchains are closed networks where a single organisation controls access and maintains control over the system.
- Hybrid blockchains combine elements of both public and private blockchains, offering the best of both worlds.
- Kalp Studio is an application that leverages the capabilities of public blockchains to provide users with enhanced tools for building, testing, and deploying decentralised applications (dApps).
- By building on public blockchains, Kalp Studio benefits from these networks' inherent security, transparency, and decentralisation.
- The choice between public, private, hybrid, and consortium blockchains depends on the specific needs of a project, such as the level of transparency, control, and security required.
- By utilizing the robust infrastructure of public blockchains, Kalp Studio provides a powerful platform for building decentralized applications that are secure, transparent, and aligned with the ethos of blockchain technology.
- Check out our official documentation here to continue exploring what more Kalp Studio can do. If you have any queries, join our Discord server and let’s continue the discussion there.
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