Bitcoin advocate Matthew Kratter said US Navy Admiral Samuel Paparo’s Senate testimony on Tuesday sounded like it was written by an “intern.” Several members of the Bitcoin community cast doubt on the US government’s understanding of the Bitcoin network after a high-ranking military official told the Senate Armed Services Committee on Tuesday that the US government runs a Bitcoin node. “Our research into Bitcoin is as a computer science tool. It’s the combination of cryptography, a blockchain, and a proof of work,” US Navy Admiral Samuel Paparo told the Senate…
Category: News
E-cash.org Predates Bitcoin.org by 29 days
Key Takeaways: Historians like Gwern Branwen link e-cash.org, registered July 20, 2008, to Satoshi Nakamoto based on timing with bitcoin.org. The domain was registered 29 days before bitcoin.org, matching Satoshi’s private draft file named ecash.pdf. The domain remains under privacy-protected ownership via Dynadot with a renewal extending to 2028. E-cash.org Domain Draws Renewed Interest The discussion picked up steam across social media after Bitcoin developer Paul Sztorc announced a Bitcoin hard fork he is calling “eCash,” prompting people to revisit the history of the name itself. That fork, set for…
XRP Whale Outflow Dominance Climbs To 2024 Levels —Price To Follow?
The XRP price seems to have encountered significant resistance to its growth over the week. As of Wednesday, April 22, the cryptocurrency tried but failed to close above $1.4540, and subsequent movements did not even reach the resistance region. While the XRP price continues to struggle, recent on-chain analysis suggests momentum might be building right beneath the surface. Hence, in the presence of the right conditions, the growing momentum could be the much-needed fuel for XRP’s breakout from its present stalemate. Whale Outflows On Binance Rise To 94.4% In a…
Bitcoin ETFs Add $14M as Inflow Streak Hits Nine Days, Blackrock’s IBIT Leads Demand
Key Takeaways: Bitcoin ETFs added $14 million, with Blackrock IBIT’s $22.9 million inflow offsetting ARKB outflows. Ether ETFs rebounded with $23 million inflows, led by Blackrock ETHB’s $32 million after prior losses. XRP gained $6.4 million via Bitwise, while Solana ETFs saw $1.2 million outflows led by Vaneck VSOL. Ether Returns to Inflows as Bitcoin ETFs Hold the Line The streak is intact, but it is losing force. Crypto ETFs closed the week with another day of inflows for bitcoin, though the pace has slowed markedly. Ether returned to positive…
IBM Quantum Hardware Cracks 15-Bit ECC Key, but Bitcoin Devs Say Random Bits Match the Result
Key Takeaways: Project Eleven awarded researcher Giancarlo Lelli 1 BTC ($78,000) for cracking a 15-bit ECC key on IBM quantum hardware on April 24. Bitcoin developers showed Lelli’s result replicates with random noise, signaling zero quantum advantage over classical methods. The gap from 15 bits to Bitcoin’s 256-bit secp256k1 remains a 2^241 engineering chasm, leaving BTC security intact for now. Project Eleven Hands Giancarlo Lelli 1 Btc for 15-Bit ECC Quantum Break, but Software Developers Call It Noise Project Eleven described the feat as a 512-fold increase in search-space complexity…
ETH And USDT Freezes Unveil A Shocking Truth
Crypto pundit Star has highlighted that crypto decentralization is a myth, noting that crypto networks and firms can freeze funds. The pundit specifically alluded to the Tether freeze and Arbitrum’s move to freeze the crypto assets stolen by the Kelp DAO exploiter. Pundit Highlights Crypto Decentralization Myth In an X post, Star stated that centralization has been exposed inside TRON USDT. The pundit noted that Tether just executed the largest freeze in its history, freezing $344 million USDT, which it carried out in coordination with OFAC and the U.S. law…
CFTC Sues New York Over bid to Apply Gambling Laws to Prediction Markets
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms, escalating a growing clash over who has authority to oversee these products. In a complaint lodged in the US District Court for the Southern District of New York, the CFTC argued that federal law gives it exclusive authority over these markets, asking the court for a declaratory judgment and a permanent injunction against New York’s enforcement actions. “CFTC-registered exchanges have faced an…
Solana Price Ready For A Big Move — Is It Time To Jump In?
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Drivechain Architect Paul Sztorc Unveils August Bitcoin Hard Fork With 1:1 BTC Coin Split
Key Takeaways: Paul Sztorc announced eCash, a new Bitcoin hard fork dropping in August 2026, with a 1:1 BTC coin split for holders. The fork activates BIP300/301 Drivechains, targeting 8 billion users across 7 Layer 2 chains in development. Sztorc plans to freeze the client 30 days before the fork and run bug bounty contests through summer 2025. Sztorc Announces eCash Hard Fork Four Months Out, Sets 30-Day Code Freeze Before August Launch Sztorc broke the news in a post on X, writing: “BREAKING: New Bitcoin Fork — I am…
Bitcoin traders eye $73K next as weekly trend line holds price hostage
Bitcoin market participants favored a short-term return to $73,000 as resistance stayed in place, with some analysis seeing even lower levels. Bitcoin (BTC) risked a return to $73,000 as the weekend began after bulls failed to reclaim a key trend line. Key points: Bitcoin price analysis increasingly sees $73,000 getting retested in the short term. Read more Original