North Korea Executes $270 Million Cyber Heist
@DriftProtocol reports a $270 million exploit linked to a six-month intelligence operation by North Korean group UNC4736, utilizing sophisticated infiltration methods. #Breaking #Crypto $ETH
Coindesk
CoinDesk.com is a prominent platform delivering essential news, market updates, and in-depth analysis on cryptocurrencies and blockchain technology. At Voted.News, we transform CoinDesk’s extensive coverage into concise, easy-to-read digests—enabling readers to keep pace with evolving market trends, regulatory shifts, and technological innovations effortlessly. Discover the best of CoinDesk.com at Voted.News, where clarity meets credibility.
Bitcoin Surges Ahead of Fed Driven by ETFs
Bitcoin’s correlation with the Federal Reserve has turned negative, indicating it may now lead market movements rather than react. This shift follows the approval of spot ETFs in January 2024. #Update #Crypto $BTC
Crypto Security Crisis Deepens with AI Threats
@Ledger’s CTO Charles Guillemet warns AI is worsening crypto security, following $285M exploit of Drift and $25M loss at Resolv. Over $1.4B lost to hacks in the past year. #Update #Crypto $SOL
Bitcoin Launches $1.3 Trillion Quantum Security Initiative
@Google’s research indicates that a powerful quantum computer could breach Bitcoin’s cryptography in under nine minutes, prompting developers to propose upgrades like BIP 360 and SPHINCS+ for enhanced security. #Update #Crypto $BTC
Bitcoin Market Thins as Five Sources Confirm
Bitcoin buyers are accumulating at record rates, yet net demand remains negative at -63,000 BTC as retail and older whales sell 157,000 BTC in March. #Update #Crypto $BTC
Digital Asset Treasuries Must Generate Returns
Over 200 publicly listed companies now hold digital assets worth over $115 billion, shifting from passive accumulation to yield generation strategies amid market pressure for capital discipline and transparency. #Update #Crypto $BTC $ETH
Bitcoin Gains Ex-UK Chancellor Support Amid Crisis
Kwasi Kwarteng, former UK Chancellor, advocates for bitcoin as a resilient monetary alternative while criticizing short-termism in politics; his firm Stack BTC holds 31 BTC. #Update #Crypto $BTC
Traders Win as 24/7 Stocks End Manipulation
@CoinDesk reports that 24/7 trading could end price manipulation, benefiting traders while potentially harming brokers. Major exchanges seek to implement this shift. #Update #Crypto $BTC
Solana Balances Security and Speed Amid Quantum Threat
@ProjectEleven collaborates with the Solana Foundation to develop post-quantum security, revealing a tradeoff: quantum-safe signatures are 20-40x larger and slow Solana’s network by 90%. #Update #Crypto $SOL
Crypto Custody Evolves for Financial Advisors
@FranklinTempleton launches Franklin Crypto, a dedicated cryptocurrency division, while Australia passes its first comprehensive crypto law requiring exchanges to obtain financial services licenses within six months. #Update #Crypto $BTC
Nevada Bans Kalshi Sports Markets Again
A Nevada judge extended a ban on @Kalshi’s sports-related prediction markets for two weeks, citing they resemble gambling activities. The Nevada Gaming Control Board seeks a preliminary injunction amid regulatory disputes. #Update #Legal $USDC
Bitcoin Snoozes as Oil Prices Surge
Bitcoin $BTC is trading near $66,600 as geopolitical tensions rise and oil prices surge to $120/barrel, impacting inflation expectations. Institutional inflows remain steady despite a decline in large holder accumulation. #Update #Crypto $BTC
Bitcoin Cracked in 9 Minutes by Quantum Computers
Google’s Quantum AI team claims future quantum computers could derive a bitcoin private key from a public key in about nine minutes, raising security concerns for exposed wallets. #Update #Crypto $BTC
U.S. Jobs Surge with 178000 New Positions
U.S. added 178,000 jobs in March, beating forecasts; unemployment fell to 4.3%. Bitcoin trading at $66,948.04 amid economic momentum. #Update #Crypto $BTC