I’d like to challenge this orthodoxy by saying Bitcoin’s ability to exclude users is smaller than commonly assumed. While Bitcoin can control the number of users inside the network, it has no control over the number of users accessing the network through custodial banks. The growth of this banking layer is outside of the protocol’s control and could grow into a systemic risk for Bitcoin.
More on Deribit Insights• 2020-05-25
A threat actor updated the AnarchyGrabber trojan into a new version that steals passwords and user tokens, disables 2FA, and spreads malware to a victim's friends.
More on Bleeping Computer• 2020-05-24
Ellis Pinsky, a high-school senior in Irvington, NY, has been named as "an evil mastermind" in a $71.4 million civil complaint accusing him of cryptocurrency theft when he was just 15 years old.
More on New York Post• 2020-05-23
Fixed income markets become volatile, illiquid and dysfunctional, as investors rush for the exit. Securitised bond-based assets, such as CLOs and Bond ETFs, trade at a significant discount to their net asset values. The contagion spreads across other liquid asset classes, such as equities.
More on BitMEX Research• 2020-05-22
Writing these digests presents an opportunity to spitball my thoughts. Hopefully they remain coherent once they reach my word processor and I catch myself in intellectual fallacies before I do more harm to my capital.
More on BitMEX Blog• 2020-05-22
The move allows Coinbase Custodyâ€™s clients to stake the two tokens and earn passive income. The rates of return and fees are currently unknown. The Block has reached out to the firm and will update this story should we hear back.
More on The Block• 2020-05-21
Wright has denied moving 50 Bitcoin from one of the ‘Satoshi’ accounts that were potentially his, leaving him in a legal quandary.
More on Cointelegraph• 2020-05-21
IBM has become a shareholder in we.trade, the trade-finance platform jointly owned by 12 European banks, signaling further consolidation across the enterprise blockchain space.
More on CoinDesk• 2020-05-21
Not even two weeks after the Avior Market ordeal, a second marketplace disappeared with stolen funds. The market, Europa Market, did things differently; instead of vanishing, market administrators pretended that law enforcement had seized the marketplace. Market visitors now face a fake seizure banner instead of a familiar login page when accessing the site.
More on Darknetlive• 2020-05-20
Crypto payments processor CoinPayments has teamed with Canadian e-commerce giant Shopify to give merchants more ways to accept crypto online.
More on Decrypt• 2020-05-20
Called NXNSAttack, the flaw hinges on the DNS delegation mechanism to force DNS resolvers to generate more DNS queries to authoritative servers of attacker's choice, potentially causing a botnet-scale disruption to online services.
More on The Hacker News• 2020-05-20