Category: The Ledger Edge
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Brazil adopts Bitcoin reserves as 10% of firms explore crypto in 2024
Brazil plans strategic Bitcoin reserves, joining El Salvador. BTC adoption grows as 10% of Brazilian firms explore crypto payments in 2024.
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Qubic controls 51% of Monero hashrate, raising security risks
Qubic controls 51% of Monero hashrate, raising security concerns; Monero XMR price drops 5% amid fears of 51% attack risks.
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GreedyBear stole $1M in crypto by exploiting browser trust in 2023
Russia’s GreedyBear operation stole $1M in crypto by exploiting browser trust, targeting Bitcoin and Ethereum wallets through malicious extensions in 2023.
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Google expert: Quantum computers cannot break Bitcoin’s SHA-256 encryption in 2024
Google expert states quantum computers cannot crack Bitcoin’s SHA-256 encryption, securing $1.3 trillion market; IBM and Microsoft also researching quantum limitations.
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Google veteran uses seed phrase math to defend Bitcoin against quantum attacks
Google veteran proposes seed phrase math to safeguard Bitcoin from quantum attacks, involving 12-word phrases and SHA-256 encryption for enhanced security.
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MARA secures 51% stake in EDF subsidiary for $200 million HPC expansion
Bitcoin miner MARA acquires 51% stake in EDF subsidiary, entering HPC sector; H.C. Wainwright reports deal valued at $200 million.
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Bitcoin hashrate falls 15% as mining difficulty hits 80T in June 2024
Bitcoin hashrate drops 15% from 600 EH/s peak as mining difficulty hits 80T. Marathon, Riot Platforms adjust operations amid rising costs.
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Circle launches Arc blockchain with USDC support and 100K TPS target
Circle launches Arc, a Layer-1 blockchain, joining Ethereum and Solana. Arc supports USDC, aims for 100K TPS, and targets decentralized finance applications.
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Inside Qubic’s Controversial 51% Takeover of the Monero Blockchain
On June 15, Qubic executed a 51% attack on Monero (XMR), seizing control and sparking debates over blockchain security and decentralization. The incident involved $18M in XMR transactions. Qubic founder Sergey Ivanov defended the move, while Monero dev Riccardo Spagni condemned it. Network stability remains uncertain.