Lightning devs must ‘wake up’ and fix security bugs, not please VCs: Bitcoin dev

Antoine Riard, who left the Lightning Network in October, argues the Lightning Network is also at risk of becoming increasingly centralized and susceptible to single points of failure and censorship risks. Interview Join us on social networks Developers working on the Bitcoin layer 2 Lightning Network have become less security-oriented and more focused on producing …

Cosmos hub votes to bring down ATOM’s inflation from 14% to cap at 10%

The Cosmos Hub voted on and approved a proposal on Nov. 26 that will reduce the maximum inflation rate of its native cryptocurrency, ATOM. The proposal seeks to decrease the maximum inflation parameter from 20% to 10%, resulting in a tangible impact on ATOM’s current inflation rate, which is around 14%. This adjustment will also affect …

Crypto Whale Profits Over $24,000,000 in Masterful Wrapped Bitcoin (WBTC) Trading: On-Chain Data

An unknown crypto trader has been spotted on-chain clocking massive profits trading Wrapped Bitcoin (WBTC). According to blockchain tracking service Lookonchain, three wallets belonging to one “smart whale” deposited 1,957 WBTC worth $74.6 million into Binance on Friday. WBTC is an ERC-20 token pegged to the price of BTC, allowing traders to speculate on Bitcoin …

$11,000,000,000,000 Investor Group Backed by UK Government Publishes Plan for Fund Tokenization

Investors representing trillions of dollars in assets have published a new roadmap for fund tokenization approved by the government of the UK. In a new report, The Investment Association – a working group with over $11 trillion with assets under its management – lays out its plan to implement tokenized funds or funds with digitized …

Wells Fargo Refuses to Reimburse Customer After $14,000 Exits Account, Immediately Spent on a Mercedes Benz: Report

A family in Atlanta says thousands of dollars in their Wells Fargo account has vanished – and the banking giant says reimbursement is not happening. The Pischke family lost about $14,000 after receiving an alert from Wells Fargo that their account was flashing suspicious activity, reports the ABC-affiliated news station WSB-TV. The account’s transaction history …

Blast’s marketing approach “cheapens the work of a serious team” — Paradigm

Paradigm, one of Blast’s seed investors, criticized the protocol’s decision to launch a bridge before its L-2 and withdraw capability. News Join us on social networks Crypto venture capital firm Paradigm criticized Blast’s protocol marketing strategy, claiming the startup “crossed lines in both messaging and execution.” The VC firm is a seed investor in Blast. …

Bitcoin struggles to flip $38K to support, while UNI, IMX, VET and ALGO aim to push higher

Bitcoin is facing resistance at $38,000, but UNI, IMX, VET and ALGO may extend their up-move in the short term. Price Analysis Join us on social networks Bitcoin (BTC) rose above $38,000 on Nov. 24, but the bulls could not build upon this strength. This suggests hesitation to buy at higher levels. Bitcoin is on …

Former Binance CEO Changpeng Zhao Disputes US Government’s Move To Reverse Bail Conditions

The former chief executive of Binance, the world’s largest crypto exchange platform by volume, is challenging the US government’s motion to reverse his bail conditions. In a new court filing, Binance CEO Changpeng Zhao argues that he’s not at risk for skipping court despite being a citizen of two other nations, including the United Arab …

How to buy Bitcoin and Ethereum in the UK

Buy Bitcoin and Ether legally and securely in the U.K. and get insights on regulations, storage and investment options to make informed decisions. How to Join us on social networks To navigate the process of buying Bitcoin effectively, it is essential to explore secure options. In the United Kingdom, acquiring cryptocurrencies is legal, yet it …

What’s next for Binance’s Changpeng “CZ” Zhao

According to the U.S. Sentencing Guidelines, CZ could receive a 12-18 month sentence, but the Department of Justice is willing to fight for a longer term. News Join us on social networks A recent court filing suggests that Changpeng “CZ” Zhao’s legal challenges are just beginning, despite pleading guilty to violating the United States Anti-Money …

U.S. prosecutors argue CZ may face up to 10 years and should be detained in the U.S.

In a filing on Nov. 24, U.S. prosecutors noted that they may go beyond the guidelines and seek the statutory maximum prison sentence of 10 years for former Binance CEO Changpeng Zhao (CZ). The prosecution’s filing was submitted in response to CZ’s opposition to the government’s motion to detain him in the U.S. The prosecutors …

Bitcoin sees sixth straight difficulty increase amid record-breaking hash rate surge

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Crypto’s crucial year: Overcoming 2024’s regulatory and economic challenges

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

Crypto Analyst Predicts Rallies for Two Ethereum-Based Altcoins, Updates Forecast on Bitcoin (BTC)

A widely followed crypto strategist believes that two altcoins running on the Ethereum (ETH) network are gearing up for a burst to the upside. Pseudonymous analyst Kaleo tells his 606,600 followers on the social media platform X that he’s bullish on ApeCoin (APE), the digital asset associated with the Bored Ape Yacht Club non-fungible token …

Investing Legend Charlie Munger Wrong About Bitcoin, According to Pantera Capital’s Dan Morehead – Here’s Why

When it comes to Bitcoin (BTC), Berkshire Hathaway’s Charlie Munger has got it wrong, according to crypto investor Dan Morehead. In a new letter to investors, Morehead responds to Munger’s comments about Bitcoin in a recent interview with the Wall Street Journal. Munger said that the creation of Bitcoin – which he calls “an artificial …

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