Luring quantum tinkerers, Project Eleven is dangling a one‑bitcoin bounty to whoever first demonstrates Bitcoin’s cryptographic Achilles’ heel using a quantum computer. Will a Single Bitcoin Tempt Hackers to Break Bitcoin’s Armor? Branded the “Q‑Day Prize,” the challenge asks entrants worldwide to crack a toy version of Bitcoin’s elliptic curve cryptography with Shor’s algorithm running […] Original
SINGAPORE, April 16, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, has successfully integrated and launched Fireblocks Off-Exchange, a next-generation solution for institutional trading. “This integration represents a strategic expansion of HTX’s institutional offerings,” said Justin Sun, Advisor to HTX. “Fireblocks’ state-of-the-art technology enhances our platform’s security infrastructure while streamlining institutional operations within a compliant framework. Looking ahead, we remain committed to delivering cutting-edge solutions that make HTX the preferred gateway for institutions entering the digital asset market.” This milestone reinforces HTX’s commitment to delivering a secure, compliant, and seamless…
Richard Kim, the founder of crypto casino Zero Edge, was arrested on Tuesday following allegations that he had gambled away investors’ funds. According to an FBI complaint filed on Tuesday in the Southern District of New York, Kim “fraudulently induced investors to invest in Zero Edge, a cryptocurrency technology company he founded, and then misappropriated millions of dollars in those investors’ funds.” The FBI said Kim lost “nearly all” of the $7 million he raised from investors and charged him with securities fraud and wire fraud. According to court records,…
Oku has enabled BTC-backed lending and borrowing on Corn Network, powered by Morpho, unlocking new DeFi utility for Bitcoin holders. On April 17, Oku announced the launch of the Morpho Protocol on Corn Network, opening a new frontier for Bitcoin (BTC) users to engage in overcollateralized lending using BTCN, Corn’s native Bitcoin-backed token. BTCN is pegged 1:1 with BTC and is backed by bridged Bitcoin reserves designed for cross-chain functionality. This marks the first major decentralized lending protocol deployment on Corn, a BTCFi-focused network powered by the Arbitrum Orbit tech…
According to a recent post by C0d3slayer on X, Dogecoin is beginning to show early bullish signals following a brief pullback. He noted that the 1-minute chart is starting to display subtle shifts in momentum that a short-term recovery could be taking shape. While often overlooked, these micro-level patterns are catching active traders’ attention, scanning for early entries before the next significant price move. In the absence of a breakout, the early formation of higher lows and buying activity offers a glimmer of bullish potential. As the market gauges its…
Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing. Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company’s wholly owned Canadian subsidiary, regulatory filings show. The investment includes a $2.25 million initial deposit, with $1.2 million being non-refundable. The transaction is expected to close on May 15. Bit Digital disclosed the acquisition in a Form 8-K filed with the US…
Bitcoin exchange-traded funds (ETFs) saw their recovery come to a sharp halt on Wednesday, April 16, logging a $170 million net outflow led by major withdrawals from Fidelity and Ark 21shares. Ether ETFs stayed firmly in the red, recording their seventh straight day of outflows. Bitcoin ETFs Retreat After Brief Rebound as Ether ETFs Extend […] Original
The Cardano price remains in a deep bear market, having lost over half its value since peaking in November last year. Cardano (ADA) dropped to $0.615 on April 16, mirroring the performance of other top layer-1 coins, such as Avalanche (AVAX) and Solana (SOL). ADA remains significantly lower than its all-time high of $3.1. There are two main reasons why Cardano has been unable to surpass its all-time high. First, while Bitcoin (BTC) reached a record high earlier this year, most popular altcoins remain well below their previous peaks. Second,…
Key Notes Hidden Road has been approved to operate as a broker-dealer. The Ripple Labs $1.25 billion acquisition is set to boost the firm’s growth and reach. New services target both digital and traditional asset clients. Hidden Road, a prime brokerage firm now owned by Ripple Labs, has been approved to operate as a broker-dealer. The license, granted by the Financial Industry Regulatory Authority, will allow the company to work more closely with institutional investors. New License Opens More Doors for Hidden Road According to a report by Bloomberg, the…
Recent happenings with whales have caused turbulence in the XRP market. A transaction of 131 million XRP tokens, which is around $273 million worth, has sent jitters among investors. This occurrence comes during the tough battle of XRP in attempting to cut through the resistance at $2.16. Large Wallet Transfers Raise Questions About Market Stability As per blockchain monitoring by Whale Alert, an unknown owner moved 131 million XRP between wallets in a single transaction. The activity prompted conversations on trading platforms as investors attempted to decipher the move. The…