Liquid Network Peg-Outs Remain Frozen as 598.5 $BTC Stays in Attacker’s Wallet Liquid users are still unable to redeem LBTC for bitcoin, with the protocol’s peg-out operations still suspended. The ordeal began more than a month ago when self-described white hat hackers exploited the layer two (L2) network and made off with nearly 4,000 $BTC. […]
Willy Woo’s post referenced estimates attributed to Opus 5.5, which assigned a 0.5% probability to quantum computing breaking Bitcoin’s signatures within two years and a 0.8% probability to classical mathematics or AI achieving the same outcome. While those figures appear relatively modest, the potential consequences of such a breakthrough make the question particularly interesting, especially […]
Bitcoin’s transaction landscape is shifting as whales have accumulated approximately 84,000 $BTC over the past month, according to a recent tweet from Bitfinex. This surge in accumulation suggests a potential recovery in demand, as the apparent demand metric has changed from -205,000 $BTC to -22,000 $BTC. A return to positive demand could further indicate broader […]
Bitcoin’s price is knocking on the door of $84,000, but the technical picture suggests the bulls haven’t quite found the key. Trading at $83,771.70, the leading cryptocurrency has advanced 0.9% over the past 24 hours, with its $1.683 trillion market capitalization reflecting a market that has recovered some ground without establishing a convincing breakout. The […]
Lightning Development Kit (LDK), a library for building Bitcoin Lightning wallets and payment applications, has patched a flaw that could let a malicious channel peer steal the value of a forwarded payment by lying after reconnecting. Affected application developers need to incorporate the fix into the software they deploy. The October 1-dated v0.2.7 and v0.1.13 […]
Following Bitcoin’s recent surge above $85,000, the indicator known as the “Seller Exhaustion Indicator” has resurfaced. According to analyst Darkfost, this indicator, which assesses both the supply of profitable assets and market volatility, has reached a point where potential selling pressure is rapidly increasing. The change in the indicator is particularly noticeable among short-term Bitcoin […]
The Bitcoin [BTC] bullish structure AMBCrypto reported on recently was still in play, but the market sentiment could be shifting. In a post on X, crypto intelligence platform Alphractal observed that the market sentiment was no longer bullish. Source: Alphractal on X The Sentiment Gauge score has fallen below 50 after the market-wide correction earlier […]
A newly created cryptocurrency wallet generated more than $1 million in unrealized profits in under 24 hours by taking a leveraged long position on Starknet’s native token, STRK. The anonymous trader opened the position on October 10 on the Hyperliquid perpetual futures exchange. Using 3x isolated leverage, the wallet bought 24.42 million STRK tokens with […]
Bitcoin traded near $82,900 in PerpFinder’s Oct. 10, 09:36 UTC snapshot, with traders watching whether the weekend rebound brings fresh leverage or further position unwinding. The same snapshot put Binance $BTC futures open interest at $7.70 billion and showed longs receiving funding, indicating negative funding. Saturday’s Deribit expiry has already settled at 08:00 UTC; Sunday’s […]
Bitcoin’s $82,800 Standoff Leaves Bulls Facing a $84,400 Wall Bitcoin’s price spent Saturday morning hovering around $82,800, caught between an improving short-term recovery and stubborn resistance that continues to frustrate bulls. At approximately 7:52 a.m. Eastern time on Oct. 10, bitcoin traded at $82,816.39, with a market capitalization of $1.664 trillion and $21.33 billion in […]