Metaplanet to raise $137 million to buy more Bitcoin.
🚀 Binance Steps In to Support the Crypto Market
Binance announced plans to convert $1 billion worth of stablecoin reserves from its SAFU fund into Bitcoin over the next 30 days to support the crypto industry amid market uncertainty.
To maintain stability, Binance said it will rebalance the fund if its value drops below $800 million due to BTC price fluctuations, restoring SAFU back to $1 billion. 💰 $BTC $BNB $SOL
Why Ethereum Gas Fees Are So High & How to Lower Them
Ethereum's high transaction costs are a result of network congestion and the complexity of operations. Despite the network's popularity, its limited processing capacity has kept fees elevated, even after the Merge upgrade. These fees, known as "gas," are calculated based on the gas limit for a transaction and the current gas price in Gwei.
To reduce these fees, users can leverage Layer-2 solutions like Arbitrum, Optimism, and Loopring. These platforms use rollup technology to process transactions off-chain, easing congestion. Additionally, transacting during off-peak times, adjusting fees in wallets like MetaMask, simulating transactions, or switching to alternative blockchains such as Polygon or Fantom can help minimize costs.
A detailed 96GB database of logins, passwords, browsing history, and more has been found online. With data like this, an experienced hacker could easily break into many accounts — and it reportedly includes 149 million users.
The hardest hit were Gmail accounts (48M) and Facebook (17M), but it also includes Binance (420k) and even OnlyFans (100k).$BTC $SOL $XRP
What are Crypto Stealth Addresses & How do they work
Stealth addresses are revolutionizing privacy in blockchain transactions, offering a more secure way to obscure transaction history. Unlike traditional public addresses that can be traced, stealth addresses create a one-time address for each transaction, enhancing the confidentiality of digital currency transfers. This work in the following steps:
1. Stealth Address Creation: The recipient, say Bob generates two cryptographic keys: a public key (shared with Alice) and a private key (kept confidential). 2. Transaction Setup: Alice uses Bob's public key to create a unique address for their transaction, unlinkable to Bob’s public blockchain address. 3. Sending the Funds: Alice sends cryptocurrency to this one-time address, posting an ephemeral public key for Bob on the blockchain. 4. Receiving the Funds: Bob decrypts the stealth address using Alice’s cryptographic information and accesses the funds securely.
This process, powered by the Diffie-Hellman key exchange protocol, ensures that transactions remain anonymous and untraceable, providing an extra layer of security in crypto transfers.
Vietnam has officially opened applications for licensed crypto exchanges, activating a tightly controlled pilot regime under its new crypto law.
Key points:
• Minimum capital requirement: 10 trillion VND (~$400M) — one of the highest in Asia. • Only Vietnamese companies can apply; foreign ownership capped at 49%. • Framework favors domestic banks and securities firms, limiting licenses to a small group. • Marks the shift from legal recognition of crypto to active supervision and enforcement.
At least 10 local banks and securities firms have already signaled interest, after years of infrastructure and partnership preparation. However, user migration may be gradual, with some traders sticking to global exchanges until local platforms offer comparable liquidity and products.$BTC $ETH $BNB