Category : Bitcoinist

Bitcoinist

XRPL Lending Proposal Adds Closed-Ended Vault Design To Protocol Plans

TL;DR: Technical documentation for the proposed LendingProtocolV1_1 amendment describes closed-ended vaults with defined subscription and redemption dates on the XRP Ledger. XRP Ledger developers have outlined a more structured approach to lending va...

Zcash Developer Proposes Per-Swap Keys To Limit Future Quantum Privacy Risk

TL;DR: Zakura has proposed assigning a separate viewing key to each Zcash swap made through NEAR Intents, reducing how much transaction history a future attacker might be able to link. Zcash’s privacy model is built around shielding transaction...

Plex Server Exploit Chain Used To Install Monero Mining Malware

TL;DR: Attackers are exploiting a chain of Plex Media Server vulnerabilities to install unauthorised cryptocurrency miners and a Linux proxy backdoor on vulnerable systems. The latest cryptojacking warning comes from an unexpected direction: home and...

Sophon Sets November Withdrawal Deadline As Chain Shutdown Approaches

TL;DR: Sophon has warned users to withdraw remaining assets by November 25 ahead of the planned shutdown of its standalone chain at the end of the month. The end of a blockchain isn’t always announced with a hack or a dramatic market collapse....

Hyperliquid Trader Reopens Huge Ethereum Short After $469,000 Hit

TL;DR: On-chain trading records indicate that a large Hyperliquid trader rebuilt an Ethereum short worth roughly $16 million after suffering around $469,000 in losses. Losing nearly half a million dollars on a leveraged Ethereum trade would be enough...

Tron Outpaces Ethereum And Solana In One Measure Of Network Revenue

TL;DR: DefiLlama’s chain-revenue figures put Tron at roughly $23.4 million over 30 days, ahead of Ethereum and Solana combined on that specific measure. A look at blockchain fee revenue offers a different picture of the market from token prices...

Hoskinson Says He Is Building A New Cardano Language Around Cryptographic Proofs

TL;DR: Cardano founder Charles Hoskinson says he is personally developing a programming language that combines transaction intents, proof-carrying data and Groth16 proofs. Charles Hoskinson is returning to the keyboard. The Cardano founder says he is...

Cardano Puts Real-World Usage At The Centre Of New Catalyst Grants

TL;DR: Cardano is highlighting a 12-team Catalyst pilot in which much of the grant funding depends on real adoption rather than merely launching a project. Crypto grant programmes have a familiar problem: it’s easier to count funded ideas than...

Solana Counts Down To Alpenglow Upgrade With Faster Finality In Focus

TL;DR: Solana is approaching its planned Alpenglow consensus upgrade, which targets transaction finality of roughly 150 milliseconds — a goal, not a guarantee of live-network performance. Solana’s next big technical change is scheduled for Octo...

SkyAI Sells Its Solana Holdings And Launches $201 Million Buyback Offer

TL;DR: SkyAI says it has sold all its SOL and started a cash tender offer that could cost roughly $201.3 million if fully subscribed. SkyAI’s experiment as a Solana treasury company has taken a dramatic turn. Rather than simply holding through...

Binance And Coinbase Join West Africa Scam Crackdown As 28 Arrested

The arrest count is striking, but the scale of the online infrastructure removed may be the bigger story. An international effort against West African scam networks has resulted in 28 arrests, while technology companies say they removed more than 3.7...

Crypto Hacks Cost $1.18 Billion In Q3 As Smart Contract Exploits Surge

Crypto’s third-quarter security bill came to $1.18 billion, but the headline total is only part of Hacken’s latest warning. The firm recorded 107 incidents between July and September, with smart-contract exploits taking a much larger shar...

Ledger Reseller Attack Raises Questions About Hardware Wallet Supply Chains

A hardware wallet’s strongest cryptography offers little protection when an attacker can interfere with the device before its owner even switches it on. That is the uncomfortable lesson from the CryptoBilis case now facing Ledger customers in S...

MARA-Linked Wallets Send 1,000 Bitcoin To Exchanges, But A Sale Is Unconfirmed

Addresses associated by on-chain analysts with miner MARA Holdings have sent approximately 1,000 BTC to Binance and Gate over five days, putting the company’s treasury movements back in focus. TL;DR: Lookonchain-linked analysis values the trans...

Claude Traces NIST Cryptography Seeds To An Old Random-Number Generator

An unusual piece of cryptography history has gained an answer. Anthropic says Claude reconstructed how the original seed values behind several widely used NIST elliptic curves were generated, resolving a question that had attracted suspicion for more...

XRPL Cleanup Fix Gains Validator Support While Lending Amendment Waits

XRP Ledger validators are advancing a maintenance amendment while the network’s proposed native lending features face a more complicated path through governance. TL;DR: The fixCleanup3_4_0 amendment has cleared the 80% support threshold in rece...

Dormant 2013 Bitcoin Wallet Moves $34 Million After 13 Years

An early Bitcoin holder has moved approximately 411.45 BTC from a wallet associated with 2013, attracting fresh attention as traders monitor old coins returning to activity. TL;DR: The coins were worth roughly $34 million at recent market prices. A t...

Cysic Bridge Exploit Creates 10 Million Tokens Before $727,000 Moves To Ethereum

Cysic has suspended its cross-chain bridge after an attacker created 10 million unauthorized CYS tokens on BNB Chain and converted part of the supply into assets moved toward Ethereum. TL;DR: On-chain analysis traced the sale of about 7.2 million CYS...

Qubic Halts Blockchain After Weak Wallet Seeds Leave 1,400 Accounts Exposed

Qubic halted its network after attackers exploited weakly generated wallet credentials to remove roughly $1.4 million in cryptocurrency from more than 1,400 accounts, according to the project’s account of the incident. TL;DR: The reported loss...

Cardano Stablecoin Market Tops $70 Million As USDC Dominates Supply

TL;DR: Stablecoins issued or circulating on Cardano reached roughly $70.2 million in DefiLlama’s October 18 snapshot, up about 31% over 30 days. USDC represents nearly two-thirds of that total. Cardano’s stablecoin market has crossed anot...

Aptos Burns 174,000 APT In A Month, Yet Token Supply Keeps Rising

TL;DR: Aptos reports roughly 174,570 APT burned in the past 30 days, but gross staking issuance is about 1.5 million APT a month. Fee burns reduce issuance; they have not made the token deflationary. Burning tokens sounds attractive to investors unti...

Zcash Shielded Pools Draw Fresh Scrutiny After Stolen Crypto Transfers

TL;DR: Investigators have raised new concerns about stolen crypto flowing into Zcash, following earlier tracing of roughly 2,746 ZEC linked to the Bitget breach. Shielded transactions obscure details after entry, but do not prove that the underlying...

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