Vitalik has mentioned decentralized VPNs numerous times as a great use case for blockchain and “not be too difficult to do in a very simple form that's roughly incentive compatible.” Decentralized VPNs can be split into two broad categories, those that require specialized hardware to join the network and those that don’t.Helium and Deeper network…
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The ECB is continuing its digital euro investigation with more pieces of the potential system filled in, but no commitment to blockchain technology or even its issuance has been made.
On Dec. 19, the Twitter account Zachxbt revealed he discovered five cold wallets from the now-defunct Quadrigacx crypto exchange move 104 bitcoin. The following day, ‘big four’ accountancy firm EY, Quadrigacx’s bankruptcy court trustee, explained it did not authorize the spending of the funds and that prior reports detailed that the cold wallets were inaccessible […]
Bitcoin is back to its crab-like price action as macroeconomic forces fight with new developments in the crypto industry. The number one crypto by market cap has seen one of its bloodiest years, but it maintains a positive outlook for 2023. Related Reading: Breaking: One Of The Largest P2P Crypto Exchanges Removes Ethereum Due To ‘Integrity’ As of this writing, Bitcoin (BTC) trades at $16,800 with sideways movement in the last 24 hours. On higher timeframes, the cryptocurrency records some losses as it was rejected from the 50-Day Simple Moving Average (SMA) at around $17,800. Bitcoin Will See Better Days In 2023 Per a recent report from Coinbase, Bitcoin has been resilient in the current market turmoil. Despite the U.S. Federal Reserve (Fed) hiking interest rates, a high inflation environment, and the collapse of major companies in the crypto ecosystem, BTC: (…) remains one of the primary reserve currencies of the crypto economy. This became evident several times during the year when overleveraged players throughout the market – CeFi lenders, hedge funds, and venture capital (VC) funds – became forced sellers. Bitcoin’s capacity to withstand the collapse of these companies and entities, including some of the largest BTC miners, indicates its “long-term success.” Regardless of these events, Coinbase claims that BTC continued to see adoption and traction in 2022. Bitcoin outperformed some of the world’s major currencies in the macroeconomic landscape. As seen in the chart below, the BTC price saw a better performance than the Euro (EUR) and the Japanese Yen (JPY) in 2022. This performance strengthens BTC’s long-term bullish thesis and its vital role as a global asset, according to the report: (…) the value proposition for bitcoin has only strengthened this year as sovereign currencies around the world have shown signs of stress and central banks continue to grapple with policy credibility. BTC Hits Critical Milestone Comparing BTC’s current price performance and fundamentals, Coinbase determined that many Bitcoin holders are at a loss. Around 50% of BTC investors are in the red, which could provide a solid base for a macro market bottom. Related Reading: XRP Accumulation: Key Sharks And Whales Group Hits All-Time High Holdings In previous bear markets, this percentage reached an average of 53% of Bitcoin holders at a loss. In that sense, BTC and the crypto market could be heading for an “inflection point,” according to the report: These represent major inflection points for BTC performance, preceding subsequent periods of price appreciation, we believe this metric provides important insights into current cycle positioning.
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The team has alerted relevant authorities and is seeking to prosecute the attacker while also shoring up its security practices.
I’m trying to improve my on-chain profile, so far I’ve collected some NFTs and ENS domains. plus a POAP from dApp radars quiz, but I’m just looking to find some more. Maybe like a course or just a community verification that happens to be a POAP. Any suggestions? submitted by /u/SwurveMan [link] …
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For 2022-3 in general, we think recession risks pose a risk to ETH and so now might not be the best time to buy ethereum if you have a medium-term outlook. We think ethereum is a good long-term investment for the next one to three years and are bullish overall. submitted by /u/parifory…
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Everybody always remembers the bitcoin pizza guy who spent 10,000 btc on two medium sized pizzas but did you know about the millions given away in DOGE? Dogecoin started in December 13th, 2013 with a price of $0.0007005 December 28th, 2013 user Mikkas gives away 1 million DOGE $400 at the time of giveaway…
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