Core Scientific, a crypto mining company that has filed for bankruptcy, tweeted that it produced 19,274 Bitcoins in 2023, of which 13,762 BTC ...
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In 2023, Core Scientific produced 19,274 Bitcoin, comprising 13,762 self-mined and 5,512 client-mined in our data centers, making us the largest listed producer of #Bitcoin in North America!
As every minerβs performance is crucial to our success, we have teams monitoring our fleet 24/7 to minimize downtime. Each team is dedicated to finding creative ways to maximize our miners' efficiency, positioning us at the forefront of the ever-evolving Bitcoin mining industry. As we continue to prioritize efficiency and excellence, we look forward to reaching new heights and shaping the future of Bitcoin mining. #BackonNasdaq
404 Media pointed out that a cache containing Binance exchange password execution and multi-factor authentication information exists on GitHub...
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Ark Invest released the Big Ideas 2024 report: The optimal allocation proportion of Bitcoin in the investment portfolio in 2023 is 19.4%...
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(4/6)How does the attack work?
Central to the attack, a user signing a 'queueWithdrawal' transaction effectively approves a malicious 'withdrawer' to withdraw the walletβs staking rewards from the EigenLayer protocol to an address of the attackerβs choosing. Unlike the regular ERC20 'approve' method, this is a special kind of approval that is needed due to the nature of Ethereum staking.
Because this is a new kind of approval method, most security providers or internal security tooling does not parse and validate this approval type. So in most cases itβs marked as a benign transaction.
To make it even harder to detect the malicious attack, this attacker uses the 'CREATE2' mechanism in order to approve these withdrawals to an empty address.
In the last 2 days, #Celsius further deposited 67,500 $ETH ($156.5M) to #Coinbase Prime.
Overall, Celsius has moved 847,626 $ETH (~$1.90B) to CEX since Nov 13, 2023. Some of these $ETH might have been absorbed by whales via an OTC deal.
Just now, Celsius announced that the distribution of over $3 billion in crypto and fiat to creditors has begun!
https://t.co/HGYe57Lp7W
The CFTC should not be creating enforcement actions against decentralized (DeFi) protocols. These are not financial service businesses, and itβs highly unlikely the Commodity Exchange Act even applies to them.
My hope is these DeFi protocols take these cases to court to establish precedent. The courts have proven to be very willing to uphold rule of law.
The only thing this is accomplishing is to push an important industry offshore.
Sen Hagerty brought up SEC's loss to Grayscale and asked: "so what do you need to see in a spot ETF filing?" Genz: "We're reviewing that decision. There are multiple spot ETP filings (beyond Grayscale) that we're also reviewing and I'm looking fwd to the Staff's recommendation"
It's Official: Ondo Financeβs USD Yield ($USDY) is coming to Mantle π€
π₯³ We're thrilled to announce @OndoFinance as a Showcase Partner for RWAs. For the first time, users will be able to access U.S. Treasury yield directly from their wallet on Mantle.
https://t.co/BP9qF5sXtr