CryptoNews

Computable Functions Verified on Bitcoin — How BitVM Seeks to Elevate BTC's Smart Contract Game – Technology Bitcoin News

October 12, 2023
A new computing model, BitVM, aims to enhance Bitcoin’s smart contract capabilities without requiring changes to the blockchain’s consensus rules. The white paper, published on October 9, 2023, has drawn significant attention and its fair share of criticism. Can BitVM Set a New Precedent for Bitcoin’s Smart Contracts? BitVM was proposed in a recent white paper by blockchain programmer Robin…
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CryptoNews

Ethereum Inflation Rises as Onchain Activity Declines; $35.31M Added in 17 Days – Altcoins Bitcoin News

October 12, 2023
Ethereum’s shift from a deflationary to an inflationary model has witnessed a 0.178% uptick in the last 17 days. During this period, the network added 22,502 ether, valued at $35.31 million, to its total supply. Ethereum’s Growing Inflation Fueled by Onchain Downturn Previously, Ethereum maintained a deflationary stance, primarily due to the London hard fork’s EIP-1559 and the notable shift…
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CryptoNews

Simplex Accelerates VERSE Token and Wider Cryptocurrency Adoption – Sponsored Bitcoin News

October 11, 2023
Since 2016, Simplex’s bond with Bitcoin.com has continued strengthening, aimed at streamlining access to cryptocurrencies and increasing adoption globally. As part of Nuvei, a NASDAQ listed company with over 20 years in payments, Simplex combines convenience, reliability and security for Bitcoin.com’s global userbase. What makes this long-term collaboration unique and how do users benefit…
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CryptoNews

Cybercriminals Use Dexs and Crypto Cross-Chain Services to Launder $7 Billion — Elliptic – Security Bitcoin News

October 11, 2023
According to the findings of a research study by Elliptic, cybercriminals are believed to have used crypto cross-chain bridges and coin swap services to launder $7 billion worth of “illicit or high-risk funds.” The Lazarus Group, a cybercriminal organization said to be backed by North Korea, is “responsible for $900 million of cross-chain crime.” Bad Actors Exploiting Dexs and Cross-Chain…
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