There’s usually a type, a psychological profile of a hacker: young, smart and hungry, and usually under 25 years old and living in Asia. Sometimes, after the negotiation is over, they remain friends. “I’m the only one that knows, sometimes,” he said, adding that they can’t tell their friends or family. By staying in touch, he learns more about the mentality of The Common Crypto Crook, aiding future recoveries. Source
There is a case to be made that companies like Arkham and Chainalyis, though controversial, have a singularly positive impact on crypto. Chainalysis, for instance, was founded in the aftermath of the massive Mt. Gox breach to help find the hackers and recover funds. Although many BitcoinTalk users at the time considered bitcoin to be “privacy-preserving,” and were angry that the company was created even for seemingly altruistic reasons, there is a real argument that in the long run, it’s better to be completely aware that blockchain pseudonymity can (and…
Crypto and the wider world of open-source, distributed tech has social media alternatives, too. There’s Bluesky, Blockstack, DeSo, Farcaster, Friend.Tech, Gab, Hive, Lens, Lenster, Mastodon, Minds, Mirror, NOSTR, Steemit and many, many more. There were apps that launched this year, and apps that upgraded, revamped or overhauled. Source
Sztorc, 34, said approvals of soft forks, which introduce new features to Bitcoin without undermining previous versions of the blockchain, are becoming less frequent these days, even though many of the proposed changes are relatively small-bore. “There is nothing controversial about any of the soft forks currently proposed,” he said. “No one has a problem with the content. It’s all a lie. It’s just a fake thing where everyone is afraid to say the truth. It’s too much groupthink. I hope to represent destroying the groupthink.” “Hard money” Bitcoiners, who…
Srinivasan bet $1 million the U.S. dollar would collapse (and lost), and evangelized his ideas about startup societies, making him one of CoinDesk’s Most Influential in 2023. Source
Siu sees the year ahead as a year for many existing and emerging verticals in crypto, like GameFi, EduFi and digital identity. In other words, these are the places where crypto intersects with the real world, where financial technology and blockchain can reinject healthy competition, align incentives and foster collaboration. Source
A partner at Castle Island Ventures, Bhutoria has produced some of the smartest analysis in crypto over the last several years. Source
The price of bitcoin (BTC) climbed above $42,000 – a level not seen since before the crash of Terra – for the first time since April 2022 while ether (ETH) moved past $2,200. Bitcoin’s price had been toying with the $40,000 level in recent days, and finally breached it Monday to trade above $41,600 as of press time, according to CoinDesk Indices data, a 24-hour rise of about 6%. Ether was trading around $2,240, a similar percentage gain. The advance spurred crypto stocks higher, too. Crypto exchange Coinbase (COIN) jumped…
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According to price charts, Bitcoin reached $42,000, a dollar value investors have not seen since April 2022. At the time of writing, Bitcoin price (BTC) saw a 5.9% increase in the last 24 hours and a more than 140% surge in the last year. The increase in Bitcoin price is said to come following the anticipation of an approved Bitcoin exchange-traded fund (ETF), with the US Securities and Exchange Commission (SEC) expected to have a decision by Jan. 10. Despite the SEC’s rejection of spot Bitcoin ETF applications in the…