The Ethereum price appeared to be finally gearing for a strong bullish breakout after multiple weeks of disappointing and sluggish action. However, this bullish dream ended almost immediately after it started as nearly $1.5 billion worth of ETH tokens were drained from the ByBit exchange. Ethereum, which traded as high as $2,840 earlier on Friday,

Bitcoin Magazine The Witness Discount The witness discount refers to the reduction in data “weight” given to the witness portion of a Bitcoin transaction — the part that contains the signatures used to prove ownership. Implemented as part of the 2017 segregated witness (SegWit) upgrade, this discount effectively lowered the fees for SegWit transact

The Chief Executive Officer of Bybit explores the potential for a rollback of the Ethereum blockchain. With the recent events surrounding the Ethereum blockchain, there has been speculation about the possibility of a rollback. The CEO sheds light on this topic, providing insights into the feasibility and implications of such a maneuver. In the worl

Bitcoin Magazine What are BRC-20 Tokens? Introduction BRC-20 tokens are an experimental and inefficient token standard designed for creating fungible tokens on the Bitcoin blockchain. Inspired by Ethereum’s ERC-20 tokens, BRC-20 tokens leverage the Bitcoin Ordinals protocol to inscribe data onto individual satoshis, making them transferable and tra

VanEck has announced a bold prediction that Bitcoin will play a critical role in managing the United States’ rising national debt. The study, based on Senator Cynthia Lummis’ proposed Bitcoin Act, shows that a strategic Bitcoin reserve may partially balance the country’s debt by 2049. But how feasible is this concept? The Potential Impact Of [&hell

A new technical analysis on TradingView suggests Bitcoin may be approaching a decisive moment, with a possible breakdown below key support levels. This analysis comes amidst a weakening buying pressure in Bitcoin, which opens up the possibility of a break below a strong support level. If this happens, Bitcoin could see further downside to $80,000 [

Bybit faced one of the largest security breaches in crypto history, but rather than standing alone, the exchange witnessed an extraordinary wave of industry-wide support. The exchange reportedly lost more than $1.4 billion in liquid-staked Ether (ETH) and MegaETH (mETH) due to a security breach. Key players in both centralized and decentralized fin

Bitcoin has experienced a quiet week, with price action stuck in a narrow range between $95K and $100K. Bulls have struggled to reclaim the $100K mark, while bears have failed to break the $95K support, leading to uncertainty about the next major move. However, fear and volatility spiked on Friday after the cryptocurrency exchange Bybit […]

KeyTakeaways: Changpeng Zhao (CZ), former Binance CEO, recently expressed concern over hackers’ increasing ability to target multi-sig cold storage solutions on cryptocurrency exchanges. Following the huge $1.4 billion hack on Bybit, CZ highlighted the growing risks posed by hackers, specifically the Lazarus Group, a North Korean hacking organizati

This week brings updates on the tough outlook for two major market players, alongside an easy earning option for traders! After an Arbitrum price drop to $0.038, ARB has bounced back by 26%. However, most holders are still experiencing losses. Meanwhile, Ethereum’s recent price jump is facing resistance, with a potential liquidation zone around $2,