The Monetary Authority of Singapore’s managing director has outlined the central bank’s plan to ensure seamless financial transactions across digital asset networks. “Currently, there is a proliferation of digital asset networks,” the head of Singapore’s central bank said. “We cannot wish these dynamics away and force consolidation of all financial transactions onto a single network. […]
With 93% of Bitcoin’s Supply Mined, Network’s Hashrate and Difficulty Surge in Synchrony
On Sunday, November 19, 2023, Bitcoin’s hashrate maintained a steady pace at 468 exahash per second (EH/s), surpassing the intended ten-minute block interval average. The most recent block was processed in just 7 minutes and 37 seconds. Present observations suggest that if this trend in block intervals persists, the network could anticipate a 3% increase […]
#99 – Matthias Pfefferle on ActivityPub, WordPress and Decentralised Social Networks
[00:00:00] Nathan Wrigley: Welcome to the Jukebox podcast from WP Tavern. My name is Nathan Wrigley. Jukebox is a podcast which is dedicated to all things WordPress. The people, the events, the plugins, the blocks, the themes, and in this case, how the ActivityPub plugin can make WordPress the center of your …
Elliptic: FTX Hacker Laundered Stolen Crypto Funds Through Russian Crime Networks
Close to a year has passed, and the hacker responsible for the staggering $ 477 million heist from the now-defunct crypto exchange FTX still remains elusive. Yet, Elliptic, a leading blockchain analytics firm, has meticulously mapped the intricate journey of the stolen funds, shedding light on the culprit’s attempts to launder and mask their …
Bitcoin Network’s Inherent Properties Can Be Leveraged to ‘Enhance the Security of PoS Chains’ — Babylon Chain CTO
Fisher Yu, the co-founder and chief technology officer (CTO) at the bitcoin staking protocol Babylon Chain, has argued that when staking bitcoin, stakers “do not need to trust or give their bitcoins to any third parties.” According to Yu, such an attribute helps to “eliminate the need for bridges and lenders” when staking bitcoins. Bitcoin […]