Month: December 2024

PRESS RELEASE. Advancements in quantum computing are poised to undermine the foundations of traditional encryption, as highlighted by recent research. A pressing question arises: how can data security be maintained in the face of this quantum revolution? Encryption methods once considered unbreakable, such as AES-256, are now at significant risk. Quantum computers, with their capacity […] Source: https://news.bitcoin.com/cellframe-network-the-crucial-defense-against-the-quantum-threat-launches-two-way-bridge/

U.S. spot bitcoin and ethereum ETFs enjoyed another positive inflow day bringing in $597.57 million and $273.67 million respectively. Bitcoin and Ethereum ETFs Continue Momentum with Solid Inflows Bitcoin and ethereum exchange-traded funds (ETFs) maintained their inflow streak with another day of solid inflows into both ETFs. According to metrics from sosovalue, inflows totaling $597.57 […] Source: https://news.bitcoin.com/etfs-maintain-strong-rally-with-598-million-inflow-for-bitcoin-and-274-million-inflow-for-ethereum/

Major United States-based Bitcoin automated teller machine (BTM) company Byte Federal has suffered a major data breach. A Thursday filing with Maine’s attorney general shows that Byte Federal’s breach allowed the attacker to access the personal data of 58,000 customers, including 111 Maine residents. The company noticed the attack on Nov. 18, more than a month after it occurred on…

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A recent report by Electric Capital found that Solana became the ecosystem that attracted the most new developers in 2024, overtaking Ethereum. The report calculated that 7,525 developers joined the Solana ecosystem this year, while Ethereum registered 6,456 during the same period. Solana grew its developer base by 83% year-over-year, while Ethereum lost 22%. The […] Source: https://news.bitcoin.com/solana-overtakes-ethereum-as-the-chain-with-most-new-developers-in-2024/

PRESS RELEASE. Merlin has emerged as a pioneer in the Bitcoin ecosystem, driven by a consumer-focused approach and the dynamic meme-driven culture. By aligning cutting-edge technology with the viral appeal of meme narratives, Merlin is unlocking new applications and value propositions for Bitcoin. Among the various Bitcoin Layer 2 projects, Merlin stands out with its […] Source: https://news.bitcoin.com/merlin-leading-consumer-focused-innovation-and-meme-driven-culture-in-the-bitcoin-ecosystem/

A Satoshi era Bitcoin investor was sentenced to two years in prison, after he underreported the capital gains he earned from selling $3.7 million worth of BTC. This marks the conclusion of the first ever U.S. criminal tax evasion prosecution centered solely on cryptocurrency. Frank Richard Ahlgren III bought Bitcoin in 2011, the last year of recorded contact with Bitcoin…

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