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Immunefi Arbitration will provide impartial assessments of vulnerability disclosures and determine the appropriate rewards. It is based on the London Chamber of Arbitration and Mediation, with rulings recognized and enforceable in international courts of law.
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While previous bug bounty programs relied on trust between parties, the new Immunefi Arbitration system legally binds projects to pay their bounties, according to an announcement shared with Cointelegraph.
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The system, announced on Jan. 21, is the first blockchain-based dispute resolution platform for bug bounties — open calls for developers to review a project’s code for vulnerabilities, prevent hacks and earn rewards.
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Several conservatives then accused Musk of censorship after his social media platform allegedly removed premium features from accounts that criticized his stance on the H-1B visa debate.
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Musk sparked outrage from some MAGA Republican followers of President-elect Donald Trump on X when he came out in favor of hiring foreign tech workers at top US companies, with the conservatives arguing that hiring conditions in the US were becoming less favorable to citizens.
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Buterin’s tweet came in response to an expletive-laden X post from Musk, who was defending the rights of companies to hire immigrants to work in the United States under H-1B visas.
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In a Dec. 31 post to X, Buterin said that while he admired Musk’s willingness to fight for freedom of speech, he recommended that the Tesla CEO calm his “tone of discourse” and ease up on using the “social media banhammer” on X accounts
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Ethereum co-founder Vitalik Buterin called for Elon Musk to “turn down the temperature” amid a heated debate on his platform over foreign tech workers, which has stirred new controversy over free speech.
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Experts have cited a swathe of recent developments for a bullish stance on crypto heading into 2025, ranging from an overhaul of the US Securities and Exchange Commission, increasingly crypto-positive regulatory developments in the courts and greater crypto oversight from the Commodity Futures Trading Commission.
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HIVE joins a growing roster of crypto industry players looking forward to crypto-friendly policy developments expected to emerge from the Trump administration.
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“We want all the remaining Bitcoin to be made in the USA. It will help us be energy dominant!” wrote Trump in a June 13 post on his self-owned social media platform Truth Social.
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On June 13, Trump said he wanted to ensure that all future Bitcoin would be mined in the US, following a meeting with Riot Platforms CEO Jason Les and its head of public policy, Brian Morgenstern.
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Texas is a hotspot for Bitcoin mining operations, with miners like Applied Digital, Galaxy, Bitdeer, Cipher, Core Scientific, Hut 8, Riot Platforms, Marathon Digital, and Iris Energy all conducting mining operations in the state.
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Other crypto analysts are also expecting an end to Bitcoin’s correction under $100,000. On Dec. 20, Bitcoin’s daily chart produced three consecutive red candles for the first time since the first week of November, which coincidentally was the lead-up period to Donald Trump’s US election victory.
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However, this low retail investor sentiment could be a sign of an incoming Bitcoin breakout, wrote market intelligence platform Santiment, in a Dec. 22 X post:
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Following the 10% correction, social media sentiment around Bitcoin fell to its lowest level of 2024, to an average ratio of four to five positive versus negative Bitcoin-related comments.
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Social sentiment around Bitcoin has hit its lowest point in 2024, which could signal an incoming recovery above the $100,000 mark for the world’s largest cryptocurrency.
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Today in crypto, social sentiment is pointing toward an impending recovery in the Bitcoin price, Interpol has issued a Red Notice for Hex founder Richard Schueler, also known as Richard Heart, and Jump Crypto subsidiary Tai Mo Shan settles with the SEC.
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On Dec. 19, the US Securities and Exchange Commission simultaneously approved two ETFs comprising a market-weighted index of BTC and ETH, creating another potential avenue to boost ETH fund inflows.
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“On ETH staking, I think it’s a reasonable bet that we’ll see it investigated and potentially applied in the ETF space” in the US, Hougan said.
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