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@adr7513.eth

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1112 Followers

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⁠Ripple publishes math prof’s warning: ‘public-key cryptosystems should be replaced’ Mathematician Massimiliano Sala says current encryption methods won’t protect blockchain systems from quantum computers.

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⁠Venezuela bans crypto mining to protect power grid This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.

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🥇 CryptoQuant CEO predicts Bitcoin bull run until April 2025. According to CEO Ki Young Ju, #Bitcoin is currently in a strong bull market cycle with market value growth outpacing realized value. Potentially ending in April 2025.

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📰 Here's what happened in crypto in the past 24 hours: 🥷 Chinese police bust $1.9B USDT underground banking racket 💰 Over 600 firms reveal billions in combined investment in Bitcoin ETFs 👀 Regulatory crackdown spawns anti-SEC 'CultureCoin' 💸 Animoca Brands leads $7M funding round for Param Labs

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Millennium Management discloses $2B in Bitcoin ETF holdings International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products.

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Cypher core contributor admits to stealing $260K and gambling it away The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.”

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🚨🚨 Breaking : Tornado Cash #Torn Developer Alexey Pertsev has been found guilty of money laundering.

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Bitcoin sats the ‘most valuable digital canvas ever’ — Ordinals artist The “epic sat” mined from the fourth halving block now contains 3D neurogenerative artwork with music and an AI-generated voice from Grimes.

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Solana’s on-chain DEXtransaction volume yesterday exceeded the sumof fivechains. DefiLlama data shows that the#Solana on-chain DEX trading volume on May11th increasedto2.995 billion dollars,ranking first; equivalent tothe sum of trading volumes of five on-chain#DEXs including Ethereum,BSC, Arbitrum,Base,and Optimism.

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🚨🚨🚨 Uniswap founder: Rogue attacks on encryption will increase the risk of Biden losing the election. 40% of American 🇺🇸 adults are already holders of this currency, and regulatory agencies will ultimately lose no matter what.

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Bitcoin’s Ordinals, Runes key to solving the mining subsidy problem: ViaBTC Each Bitcoin halving sees Bitcoin miners rewarded with a smaller block subsidy, but ViaBTC is optimistic that innovative Bitcoin applications will more than cover these needs, as Satoshi Nakamoto envisioned.

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💰 Bitcoin ETF Inflow : 2024-05-08 #IBIT : $0.0K #FBTC : $0.0K #BITB : $11.5M #ARKB : $0.0K #BTCO : $0.0K #EZBC : $0.0K #BRRR : $0.0K #HODL : $0.0K #BTCW : $0.0K #GBTC : $0.0K 📊 Net Inflow : $11.5M 😟 ⚡ 7-day Avg : -$24.1M

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FTX plans full pay back all creditors ‘plus billions in compensation’ Under the plan, 98% of FTX creditors will get at least 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX.

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💰 Bitcoin mining revenue has hit yearly low post-halving, with daily earnings dropping to under $3 million from the previous average of $6 million.

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💰 A bitcoin wallet that has been inactive for more than a decade transferred its entire stack of 687.33 BTC worth over $44 million. The wallet recieved #bitcoins when price was $917 per BTC.

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⁠Bitfinex database breach 'seems fake,' says CTO Bitfinex CTO Paolo Ardoino explained that if the hacking group was telling the truth, they would have asked for a ransom, but he "couldn't find any request."

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🔥 MakerDAO launched two new tokens: NewStable (#NST) and NewGovToken (#NGT). NST is an improved version of #Dai, while NGT offers a fresh governance model for the #MakerDAO platform.

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US senators, FBI aren’t opposed to crypto privacy: Railgun contributor Ethereum privacy protocol Railgun contributor Alan Scott Jr. says U.S. regulators and government agencies don’t get enough credit for genuinely “trying to understand” crypto.

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💰 In April, #Bitcoin experienced its worst monthly performance since November 2022. Bitcoin ended April 16% lower marking its biggest monthly decline since the collapse of FTX.

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💰 MicroStrategy Bought 122 #Bitcoin In April, Now Holds 214,400 BTC MicroStrategy's average cost per Bitcoin is $35,180

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