China

Over $9 billion flees bitcoin and ether ETFs in four months

Over the past four months, more than $9 billion has been withdrawn from Bitcoin and Ethereum exchange-traded funds (ETFs). This significant outflow is attributed to a decline in cryptocurrency prices and regulatory uncertainties surrounding the market. Bitcoin ETFs alone saw a withdrawal of approximately $6 billion, while Ethereum ETFs experienced around $3 billion in outflows. The trend highlights growing investor caution and a shift in sentiment towards digital assets amid ongoing market volatility.

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Strategy CEO Phong Le says company will sell BTC only in specific cases

Strategy CEO Phong Le announced that the company plans to sell Bitcoin (BTC) only in specific circumstances, emphasizing a strategic approach to its cryptocurrency holdings. The decision reflects a commitment to long-term investment rather than short-term trading. Le highlighted that the company aims to leverage BTC's potential as

7 major Bitcoin mining pools join Stratum V2, working group

Seven major Bitcoin mining pools have joined the Stratum V2 working group to enhance the mining protocol's efficiency and security. The participating pools include notable names such as F2Pool, Poolin, and Binance Pool. Stratum V2 aims to improve communication between miners and mining pools, allowing for better performance

CZ says crypto exchange rivals opposed his pardon bid

In a recent statement, Binance CEO Changpeng Zhao (CZ) revealed that rival cryptocurrency exchanges opposed his efforts to secure a pardon related to regulatory issues. He emphasized that these competitors were not supportive of his attempts to address legal challenges faced by his company. CZ's comments highlight the

It might be too late for bitcoin’s quantum migration, Project Eleven report argues

A recent report by Project Eleven suggests that Bitcoin's transition to quantum-resistant technology may be too late to effectively safeguard the network from potential threats posed by quantum computing. The report highlights that advancements in quantum technology could compromise Bitcoin's cryptographic security within the next decade.

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Strategy CEO Phong Le says company will sell BTC only in specific cases

7 major Bitcoin mining pools join Stratum V2, working group

CZ says crypto exchange rivals opposed his pardon bid

It might be too late for bitcoin’s quantum migration, Project Eleven report argues