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Japanese cryptocurrency exchange DMM Bitcoin is prepping to liquidate after losing $320 million in
Bitcoin
in a private key hack in May from which the company has failed to recover.
$BTC
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$ONT don't miss it !!!!!! buy it in short term
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gainer 5x $RSR
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South Korea Faces Internet Disruptions Following Emergency Martial Law Declaration According to Odaily, South Korea is experiencing significant disruptions to several major online portals following the declaration of emergency martial law by President Yoon Suk-yeol. This unexpected move has led to widespread internet outages, affecting the accessibility of key websites across the nation. In light of these developments, the South Korean Stock Exchange is currently assessing whether normal trading operations can resume on Wednesday. A spokesperson from the exchange indicated that they are carefully evaluating the situation to determine the feasibility of reopening the market as planned. This comes after an earlier announcement that trading would proceed as usual, which has since been retracted. $BTC $ETH
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the operator of the bitcoin.org domain, known as Cobra, has alerted the community to emerging developments in the Bitcoin ecosystem. Cobra highlighted that unidentified Bitcoin users outside of Bitcoin Core are preparing to introduce a user-activated soft fork (UASF) next year. He mentioned on the X platform that some Bitcoin holders are planning to implement the Check Template Verify (CTV) soft fork through UASF sometime in 2025, although it has not garnered sufficient attention. CTV, which stands for 'Check Template Verify,' represents a series of improvements aimed at introducing the concept of Bitcoin contracts. These contracts establish conditions for Bitcoin spending within specific wallets. Described by Jeremy Lubin in Bitcoin Improvement Proposal 119 (BIP 119), these developments aim to enhance the security of Bitcoin transactions. One notable feature is the 'vault,' a cold storage address with spending conditions that compel users to send transactions to a single predetermined wallet. Additionally, users can cancel these transactions before a set time to prevent errors or malicious activities. However, the main drawback of this update relates to fungibility, as Bitcoins locked in these addresses might be perceived as having lower value. Moreover, the added complexity and introduction of new code could expose the Bitcoin codebase to attacks exploiting the update. $BTC
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