Metaplanet becomes Asia’s second-largest corporate Bitcoin holder
Metaplanet’s latest Bitcoin purchase makes it the second-largest corporate Bitcoin holder in Asia behind Boyaa Interactive International, which holds 1,100 BTC.
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What is a directed acyclic graph in cryptocurrency? How does DAG work?
A directed acyclic graph or DAG is a data modeling or structuring tool typically used in cryptocurrencies. Unlike a blockchain, which consists of blocks, directed acyclic graphs have vertices and edges. Thus, crypto transactions are recorded as vertices. These transactions are then recorded on top of one another. Similar to a blockchain, however, transactions are…

GitHub faces widespread malware attacks affecting projects, including crypto
The developer who found the vulnerability requested developers to sign their revisions with the GPG key to ensure all their revisions on the project can be verified. Major developer platform GitHub faced a widespread malware attack and reported 35,000 “code hits” on a day that saw thousands of Solana-based wallets drained for millions of dollars.The…

Crypto lender Geist Finance shuts down permanently over Multichain hack
Lending protocol Geist Finance is shutting down permanently due to losses from the Multichain exploit, according to a July 14 social media post from the app’s development team. Geist contracts were paused on July 6, then resumed in “withdraw and repay only” mode on July 9. The latest post confirms the team does not plan…

Bitcoin on-chain metric suggests 2017-style bull run will continue
Bitcoin's (BTC) pullback from its record high of $67,000 to below $60,000 has not deterred bulls from eyeing another peak level ahead, per an indicator that attempts to predict market bottoms and tops.Dubbed MVRV, the risk metric represents the ratio of Bitcoin's market value to its realized value — similar to the price to book…

China’s Central Bank: Digital Currency Has ‘No Timetable’ for Launch
China has no specific launch date in mind for its digital currency, its central bank has said in fresh comments contradicting previous statements.Central bank governor: We need time to researchAs local English-language news outlet Global Times reported on Sept. 24, the People’s Bank of China (PBoC) has now denied Beijing is ready to debut its…

Maltese Financial Regulator Appoints CipherTrace to Monitor Compliance in Crypto Firms
The Malta Financial Services Authority (MFSA) has appointed blockchain security firm CipherTrace to monitor activity by crypto businesses in Malta, local news agency The Times of Malta reports on March 11.CipherTrace is now set to be responsible for overseeing regulatory processes and audit risk management of virtual asset businesses licensed in Malta, CipherTrace CEO Joseph…

SkyBridge raises $100M for Algorand fund and files for crypto company ETF
Anthony Scaramucci revealed that SkyBridge currently holds $700 million worth of cryptocurrency. 2914 Total views 86 Total shares Alternative investment firm SkyBridge capital hopes to expand its crypto offerings, filing for a crypto-focused exchange-traded fund (ETF) on Tuesday and revealing plans for an Algorand fund at this week’s SALT conference in New York.Speaking to CNBC,…

SEC pushes deadline to decide on Grayscale spot Ethereum ETF
The commission said it will have until January 2024 to reach a decision on the spot Ethereum investment vehicle, or institute proceedings to extend the deadline again. The United States Securities and Exchange Commission (SEC) has delayed its decision on whether to approve or disapprove of a spot Ethereum exchange-traded fund, or ETF, offering from