Headlines

Joseph Rees

Bitcoin Payment Processor Btcpay Hit by Hot Wallet Theft Reports

Key Takeaways Btcpay Server’s emergency warning leaves merchants facing unanswered questions about stolen bitcoin. Nicolas Dorier’s preliminary findings point toward software versions older than 2.4.2. Anthropic’s 85 security findings add a striking twist to Btcpay Server’s latest crisis. Btcpay Developers Urge Immediate Shutdown as Bitcoin Wallets Are Swept At approximately 22:25 UTC on Nov. 1,…

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Ripple CEO Sees XRP as Institutional Gold Standard Within 5 Years

Key Takeaways Ripple would prioritize XRP where it suited customer transactions. Schwartz envisioned blockchain becoming as accessible as the internet. Garlinghouse hoped to move 1% to 3% of transaction activity onchain next year. Garlinghouse and Schwartz Outline XRP’s 5-Year Future Ripple CEO Brad Garlinghouse and board member and CTO emeritus David Schwartz outlined their five-year…

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Bitcoin Mining Revenue Hits 11-Month High Despite Brutal Hashprice Decline

Key Takeaways Bitcoin miners face mounting pressure as market conditions deteriorate. October’s mining figures reveal an unexpected financial contradiction. November could expose deeper vulnerabilities across the mining industry. Bitcoin Mining Hashprice Slides 17.54% as Profit Margins Tighten Bitcoin hashprice is a mining profitability metric that measures the estimated daily revenue generated per unit of computational…

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Record Breaking Binance Hack Hits Markets, Kalshi Hits New Valuation, And More

Key Takeaways Binance linked unauthorized withdrawals to a compromised laptop; estimated losses range from $2.77B to $6.5B. Datavault AI’s 50% stock plunge after losing access to 817.6 BTC highlights corporate custody risks. DTCC’s $114T-plus custody network raises questions about how retail investors will access tokenization. WEEK IN REVIEW Binance Founder Suggests Likely Hack as Billions…

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