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Bitcoin’s momentum loss continues as long-term holders add to the market selling pressure, and rising US dollar strength leads investors to reduce their exposure to risk. Key takeaways: Dormant Bitcoin holders moving large sums to exchanges raise concerns about long-term confidence amid growing concerns about the potential impact of quantum computing. Strong inflows into Bitcoin…
Monero rose on Sunday despite an 18-block reorg just hours prior that reversed around 117 transactions in the latest attack by Qubic. Monero’s privacy token rose more than 7% despite its blockchain suffering an 18-block reorg that reversed around 117 transactions and triggered community concerns over the Monero ecosystem’s future. The security breach was committed…
Several solutions have been proposed to bolster Monero’s proof-of-work consensus mechanism to prevent 51% attacks on the network. The Monero community is exploring a potential overhaul of its proof-of-work (PoW) consensus mechanism to make the network resistant to 51% attacks. Community members suggested several proposals, including localizing mining hardware, switching to a merge mining algorithm, …
Charles O. Parks III, who admitted to misusing $3.5 million worth of resources from two cloud computing providers to mine crypto, was sentenced to one year and one day in prison. A crypto influencer has been sentenced to just over a year in prison for what US prosecutors called a large-scale cryptojacking operation that defrauded…
Withdrawals and trading for Monero (XMR) on the Kraken exchange remain open, and deposits will resume once it is safe, the exchange said. Crypto exchange Kraken has temporarily paused Monero (XMR) deposits due to the ongoing 51% attack against the privacy-focused blockchain, which has compromised the security of the network. A 51% attack occurs when…
XRP, ADA and SOL rallied after President Trump’s post about a crypto strategic reserve. Will other altcoins latch on and rally too? Bitcoin (BTC) witnessed solid buying over the weekend as US President Donald Trump announced that Bitcoin, Ether (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) would be included in a crypto strategic reserve….
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If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want to read more News articles, you can visit our General category. Source
” Bullish crypto traders maintain the upper hand despite the total market cap rejecting at $1T “ The total crypto market capitalization soared by 29.4% in two weeks, although Bitcoin’s (BTC) price stabilized near $21,000 on Jan. 19. As a result, it became increasingly difficult to justify that the 5-month-long bearish trend still prevails after…