#News
🖼 Bitwise’s latest Ethereum ad can be minted as an NFT
On June 20, Bitwise released its first-ever commercial for the new investment offerings, which are still awaiting final approval from the US Securities and Exchange Commission (SEC). According to the company, the ads can be minted as a non-fungible token (NFT) on the Ethereum network (ETH price data). The ads, titled “Capture a piece of crypto history: the 1st national TV spot minted as an NFT,” features a 39-second short video-clip to demonstrate the always-on nature of the blockchain technology unlike the traditional financial system which clock’s out by 4pm.
HISTORY: 💰 CNBC holds a "Bitcoin Funeral" at $6,000, 6 years ago. It's up $60,000 since 💀
💰 Binance CEO welcomes Standard Chartered move to launch Bitcoin trading desk
Binance CEO Richard Teng has welcomed Standard Chartered into the crypto industry after reports revealed that the banking giant was preparing to launch a spot trading desk for Bitcoin and Ethereum. This move would make the bank one of the first major traditional financial institutions to offer direct trading services for the top digital assets and could provide competition for Binance’s dominance of the sector.
🖼 Konami working with Ava Labs to build Resella NFT network on Avalanche
Japanese gaming company Konami is collaborating with Ava Labs to build its own Avalanche subnet. Called Resella – check out the Japanese website here – the new blockchain is described as an NFT-solution for developers looking to adopt blockchain technology for their platforms. Although it doesn’t seem to be a gaming network per se, Resella will essentially enable both web2 and web3 developers to integrate NFTs and set up a marketplace in their apps. This includes third party developers.
/gpt how might quantum computing impact the security of blockchain networks, and what measures can be taken to safeguard against such threats?
#BTG
Crypto Market Dominance:Читать полностью…
1. BTC - 51.39%
2. ETH - 17.31%
3. USDT - 4.58%
4. BNB - 3.66%
5. SOL - 2.51%
Date: 22.06.2024
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Crypto Market Dominance:Читать полностью…
1. BTC - 51.38%
2. ETH - 17.3%
3. USDT - 4.58%
4. BNB - 3.66%
5. SOL - 2.52%
Date: 22.06.2024
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Coin: VRAЧитать полностью…
Bybit: $0.00313700
OKX: $0.00314000
24H High: $0.00327900 [OKX]
24H Low: $0.00313200 [Bybit]
24H Volume: 182445421.91 VRA
Date: 22.06.2024
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Quantum computing has the potential to significantly impact the security of blockchain networks. Traditional cryptographic algorithms, such as RSA and Elliptic Curve Cryptography (ECC), which are widely used in blockchain networks, rely on the difficulty of solving certain mathematical problems. However, quantum computers have the ability to solve these problems much faster than classical computers, which could render these cryptographic algorithms vulnerable to attacks.
One of the main concerns is that quantum computers could break the asymmetric key encryption used in blockchain networks. This encryption is responsible for securing transactions and ensuring the integrity of the blockchain. If a quantum computer can efficiently factor large numbers or solve the discrete logarithm problem, it could potentially decrypt encrypted data and forge transactions, compromising the security of the blockchain.
To safeguard against such threats, several measures can be taken:
1. Post-Quantum Cryptography (PQC): PQC refers to cryptographic algorithms that are resistant to attacks by both classical and quantum computers. Research is currently underway to develop and standardize PQC algorithms that can replace the vulnerable cryptographic algorithms used in blockchain networks. Implementing PQC algorithms in blockchain networks can enhance their resistance to quantum attacks.
2. Quantum Key Distribution (QKD): QKD is a cryptographic technique that uses the principles of quantum mechanics to securely distribute encryption keys. By leveraging the properties of quantum mechanics, QKD provides a method for secure key exchange that is resistant to attacks from quantum computers. Implementing QKD in blockchain networks can ensure secure communication and protect against quantum attacks.
3. Regularly Updating Cryptographic Algorithms: As quantum computing advances, it is crucial to stay updated with the latest developments in post-quantum cryptography. Blockchain networks should regularly review and update their cryptographic algorithms to ensure they are using the most secure options available.
4. Hybrid Approaches: Another approach is to combine classical and quantum-resistant algorithms in a hybrid cryptographic scheme. This approach combines the strengths of both types of algorithms to provide enhanced security. By using a hybrid approach, blockchain networks can mitigate the risks associated with quantum computing while still benefiting from classical cryptographic techniques.
5. Quantum-Secure Blockchain Networks: Research and development efforts are focused on building entirely new blockchain networks that are inherently quantum-resistant. These networks utilize quantum-resistant algorithms and protocols from the ground up to ensure security against quantum attacks.
In conclusion, the impact of quantum computing on the security of blockchain networks is a significant concern. However, by adopting post-quantum cryptography, implementing quantum key distribution, regularly updating cryptographic algorithms, exploring hybrid approaches, and developing quantum-secure blockchain networks, it is possible to safeguard against the threats posed by quantum computing. It is crucial for blockchain networks to stay vigilant and adapt to the evolving landscape of quantum technology.
Risk Disclosure: Predictions are for reference only, not investment advice. Investing involves risks; please make decisions cautiously.For any inquiries about Bybit's products and services, please contact Bybit Help Center or Bybit Customer Service.
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Coin: NEOЧитать полностью…
OKX: $11.2780
24H High: $11.4380 [OKX]
24H Low: $11.2360 [OKX]
24H Volume: 89342.01 NEO
Date: 22.06.2024
🚨🚨🚨 50cent's X account and website were hacked, leading to hackers promoting $GUNIT.
💰 Bitcoin ETF Inflow : 2024-06-21
#IBIT : $0.0K
#FBTC : -$44.8M 📉
#BITB : $0.0K
#ARKB : -$28.8M 📉
#BTCO : $0.0K
#EZBC : $1.9M
#BRRR : $0.0K
#HODL : $0.0K
#BTCW : $0.0K
#GBTC : -$34.2M 📉
📊 Net Inflow : -$105.9M 🚨
⚡ 7-day Avg : -$137.2M
🔥 Twitter founder Jack Dorsey gives presentation in Italy talking about how #Bitcoin 💰 is permissionless, freedom money. 🇮🇹
"It could potentially compliment or replace the US 🇺🇸 dollar, which rules everything." 👀
⚡ Coinbase CEO says "owning #Bitcoin💰 is pro-America."
"It may extend the American 🇺🇸 experiment, and western civilization along with it."
💰 USDC circulation grew by 100 million in last 7 days, bringing the total to 32.6 billion US 🇺🇸 dollars.
📊 Market Overview:
BTC : $64278
ETH : $3487.83
BNB : $585.57
SOL : $134.3
⚡ Dominance :
BTC : 51.43 %
ETH : 17.32 %
Stables : 5.91 %
📈 Market Cap :
Total : 2.46T
DeFi : 88.12B
24hr Vol : 61.42B
Asset managers update proposals for Ether ETFs, eyeing July launch.
Several asset managers, including VanEck, BlackRock, Grayscale, and Invesco, submitted revised proposals for Ethereum ETFs to the SEC on June 21. VanEck revealed a 0.20% management fee, adding pressure on BlackRock to keep fees low.
Bitcoin dips below short-term holder realized price, sparking $60K fears.
Bitcoin recently dropped below $64,000, breaking its short-term holder realized price. This signals a potential further decline to levels not seen in 49 days, according to cryptocurrency analysis firm CryptoQuant.
Blockchain Association objects to IRS broker rule in letter.
The Blockchain Association is once again objecting to the IRS's proposed broker-dealer rules; this time focusing on the undue burden the rules would impose on investors, cryptocurrency companies, and the Internal Revenue Service itself.
Michael Dell, 14th richest person in the world and CEO of Dell, posts picture of Bitcoin.
Bitcoin reclaims blockchain dominance post-BTC halving 📊
Bitcoin's blockchain dominance has surged post-BTC halving, with bandwidth usage surpassing 90%, fueled by new token standards and heightened transaction volume.
#BCC
The outflow of funds from Bitcoin ETFs continued for six days.
https://farside.co.uk/?p=997
#BCC
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Withdrawal may take up to 15 mins to process. However, please note that in the event of high network congestion, withdrawals may take longer time.
Traders can check their withdrawal status via this link.
Traders can also check the general withdrawal status of coins here.
For more information please check:
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- Did Not Receive My Withdrawal Confirmation Email Inside My Email Inbox. What Should I Do?
CNBC’s Jim Cramer said investors shouldn’t lose their heads when the market starts to rally. According to him, it’s crucial to stay focused, practice restraint and take some profits. https://cnb.cx/4ewAoWa
#bcc
⚠️Please Be Aware⚠️
Bybit staff:
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Please report to the Bybit Team if you encounter issues above, forward such messages to @notoscam and report & block via telegram interface.
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