Recently, the CEO of Bybit shared insights on the potential Ethereum blockchain rollback. During a discussion, the CEO acknowledged the complexity and challenges involved in such a decision. He stressed the importance of maintaining network security and integrity while considering any potential rollbacks. Blockchain rollbacks are controversial topi

Bybit, a popular crypto exchange, is reeling from the massive hack worth $1.5 billion in digital assets. According to reports, the hackers targeted the crypto exchange’s cold wallet, an offline storage system, to steal the exchange’s assets, primarily Ether. On-chain data reveals that the stolen funds were quickly transferred into different wallets

Following a brief ascent above $99,000 on Friday, the Bitcoin market experienced a negative end to the past trading week as prices crashed below $96,000 in a sharp descent. Based on these happenings, the premier cryptocurrency remains in consolidation with little indication of its long-term price movement. Notably, blockchain analytics firm Glassno

Bitcoin Magazine How Local Businesses Can Use Bitcoin For Payments I. Introduction Bitcoin is frequently hailed as a solid method for long-term savings. However, its function as a transactional medium is equally vital, particularly for businesses of all sizes. From independent coffee shops to global enterprises, a growing number of merchants are ex

Bitcoin Magazine Utilizing PGP for Superior Privacy and Robust OPSEC In an era rife with surveillance and frequent data breaches, it is crucial to take proactive measures regarding your privacy. Whether you’re attempting to secure sensitive files, safeguard your emails, or keep intrusive governments and cybercriminals at a distance, one of the most

Bitcoin’s price rally may be under threat as it continues to trade under $100,000. According to analysts at JPMorgan, there’s been a notable decline in institutional interest in the crypto industry, particularly through Bitcoin and Ethereum futures contracts.  Institutional Demand Declines, Futures Market Signals Weakness Institutional investors ha

Bitcoin Magazine Bitcoin Price Prepared for Significant Movement as Volatility Decreases Bitcoin seems to be on the edge of a significant price shift, with recent data indicating that volatility may make a substantial comeback. Analyzing the key indicators is crucial in grasping the scale and direction of the forthcoming price action, especially as

Ethereum is trading below the $2,700 mark after days of struggling to reclaim it and push above $2,800. Bulls have been unable to gain momentum, and selling pressure has kept ETH below key resistance levels. On Friday, the market was hit with negative news as Bybit, one of the top crypto exchanges, was hacked, leading […]

Bitcoin Magazine Understanding BRC-20 Tokens Overview BRC-20 tokens represent an experimental and somewhat inefficient token framework created for the purpose of generating fungible tokens within the Bitcoin blockchain. Drawing inspiration from the ERC-20 tokens utilized on Ethereum, BRC-20 tokens use the Ordinals protocol to inscribe data onto spe

Bitcoin Magazine Understanding the Witness Discount The term witness discount signifies the decrease in data “weight” assigned to the witness segment of a Bitcoin transaction—specifically the area that stores the signatures that verify ownership. This concept was introduced during the 2017 segregated witness (SegWit) update, which effectively reduc