Alleged POGO & Crypto Scam Hub Busted in Parañaque | Key Points | Aug. 30, 2024

In today's daily recap, we look at the action of the Philippine National Police against an alleged crypto scam hub.

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New NCR Atleos/LibertyX feature converts BTC to cash at US ATMs

Users of the LibertyX ATMs can send BTC to a LibertyX address and receive fiat for their crypto at ATMs in 30 states.

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The Quantum Apocalypse is coming Decoding Metas weird warning

The biggest threat posed by quantum computers may be impossible to defend against.

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Understanding the Basics of Encryption: A DevSpeak Overview

Explore the fundamentals of encryption and its importance in digital security, as explained in Gala News' latest DevSpeak. (Read More)

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Exploring Registration-Based Encryption for Blockchain Key Distribution

A new approach to key management on blockchains, registration-based encryption, offers promising advantages over traditional methods like public key directories and identity-based encryption. (Read More)

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Hashrate recovery reduces Bitcoin miners selling pressure in July

Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners reserves.

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NFTs face lowest monthly sales since November 2023

Despite having a lesser sales volume, NFTs showed a 73% increase in transactions recorded in July.

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Bitcoin forming massive bullish wedge pattern as trader eyes $85K

Bitcoins bullish pattern on the chart is signaling to crypto traders a potential 25% price increase from its current level.

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Ether price may dip after ETF 'novelty' wears off due to surging supply

Into The Cryptoverse founder Benjamin Cowen says if supply keeps increasing it will "revert" to similar levels before the Ethereum Merge in September 2022.

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FHE and confidential computing will unlock $1T in crypto capital

Confidential computing could be the fourth layer of blockchain technology, which was the missing element for mass institutional adoption.

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Bitget reports $700M capital inflow in Q2, adds 2.9M users

The exchange reported that its BTC, USDT and ETH holdings grew by at least 70%, highlighting a $700 million capital inflow for the quarter.

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EU Innovation Hub criticizes privacy coins and crypto mixers in new report

In its inaugural report on encryption, the EU Innovation Hub for Internal Security examined how privacy coins and mixing protocols complicate regulatory efforts.

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Ripple joins multi-chain DeRec Alliance for secrets management

Ripple joins the Hedera and Algorand Foundations and industry players to advance a recovery standard to rival ERC-4337.

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Bitcoin Surges to $101.7K Amid US Strategic Reserve Bill Passage and Rapid Increase in BTC Adoption

Bitcoin has reached a new high of $101.7K as bills for the US Strategic Reserve become law, signaling an acceleration in BTC mass adoption. The recent surge in Bitcoin’s value can be attributed to the passing of bills related to the US Strategic Reserve, which have now become law. This development has not only boosted [...]

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Ethereum on the Verge of Surpassing Crucial Bitcoin Price Level, Triggering Potential 450% Increase

Ethereum is edging closer to a crucial Bitcoin price threshold that could result in significant gains, as seen in the past. With a potential 450% increase on the horizon, investors are eagerly watching the market dynamics unfold. The current trend in Ethereum’s price movements indicates a promising outlook for the cryptocurrency’s value. As it approaches [...]

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Increased Institutional Investments in Bitcoin Mining in the US: Taking Advantage of Favorable Market Conditions

Bitcoin mining institutions are on the rise, with significant boosts in investments observed. These institutions play a crucial role in the cryptocurrency industry by contributing to the security and efficiency of the Bitcoin network. In recent years, we have seen a surge in institutional interest in Bitcoin mining. This trend is driven by various factors, [...]

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How Fully Homomorphic Encryption can create a new Internet standard with privacy at its core

Fully Homomorphic Encryption (FHE) is one of those things that when you first hear about it, you cant quite wrap your head around just how powerful this technology is. FHE is a type of encryption that allows computations to be performed on encrypted data, without ever needing to decrypt it. This might sound like magic, […]

The post How Fully Homomorphic Encryption can create a new Internet standard with privacy at its core appeared first on cryptomaton.

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Bitcoin Hodler Sees Potential 350% Profit Increase as $100K Threatens Sell-Off

Bitcoin hodlers are currently sitting on unrealized profits nearing $350 million as the cryptocurrency’s price hovers around $100,000. This milestone has sparked concerns of a potential sell-off among investors. The term “hodler” originated in the crypto community and refers to individuals who hold onto their digital assets for the long term, despite price fluctuations. These [...]

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Bitcoin Standard author supports funding developers to increase the cost of spamming Bitcoin

Saifedean Ammous Allocates Resources to Combat Bitcoin Spam Renowned Bitcoin advocate Saifedean Ammous has pledged funds to support developers in their efforts to combat the rising issue of Bitcoin spam. With the increasing popularity of Bitcoin, the network has been facing challenges from spam transactions that clog up the blockchain and hinder its efficiency. Ammous, [...]

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Recent kidnappings prompt increased security measures for French cryptocurrency entrepreneurs: Report

In light of recent security concerns and attacks targeting French crypto entrepreneurs and their families, additional measures are being implemented to enhance their safety. The growing popularity of cryptocurrencies has brought about an increased risk of cyberattacks and physical threats, prompting authorities to take action to protect those involved in the crypto industry. The French [...]

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