The appetite among billionaires for bitcoin is huge as ever, according to Eleesa Dadian, an art dealer and head of a secretive network for billionaire investors called the Dadiani Syndicate, in Forbes. The company has reportedly been instructed to purchase a jaw-dropping 25% of all available bitcoin in the market. Too bad that isn’t likely to happen. Continue reading Billionaires Are ‘Scouring the Market’ to Own 25% of Bitcoin in Circulation
More than two dozen Proof-of-Stake (PoS) cryptocurrency networks are vulnerable to what has been dubbed a “fake stake” attack. The vulnerability allows a node with a very small stake to overwhelm competing nodes with false data and essentially crash them. Once competing nodes are gone, the attacking node can have a majority of stake on the crypto network, enabling it to conduct a 51% attack as the only validating node. Continue reading 25 Crypto Networks Vulnerable to ‘Fake Stake’ Attack, are Your Funds at Risk?
Ripple released its fourth-quarter markets report this week. One thing is clear: the bear market is affecting Ripple as much as anyone else. Total sales of XRP from the company amounted to around $129 million versus the previous quarter, which saw sales of $163 million. Continue reading Ripple’s Cryptocurrency Sales Plunged by Nearly 25% Last Quarter