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Bitcoin Custodian Nostr Assets Pauses Deposits After Reaching Maximum Capacity Bitcoin custodian Nostr Assets pauses deposits after reaching maximum capacity
Bitcoin Custodian Nostr Assets Pauses Deposits After Reaching Maximum Capacity Bitcoin custodian Nostr Assets pauses deposits after reaching maximum capacity
Bitcoin Custodian Nostr Assets Pauses Deposits After Reaching ‘Maximum Capacity’ Bitcoin custodian Nostr Assets pauses deposits after reaching ‘maximum capacity’ https://ift.tt/u30iT5J
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Bitcoin Custodian Nostr Assets Pauses Deposits After Reaching Maximum Capacity Bitcoin custodian Nostr Assets pauses deposits after reaching maximum capacity
IBM Introduces Innovative Air-Gapped Cold Storage for Digital Assets Cold storage IBM recently unveiled the IBM Hyper Protect Offline Signing Orchestrator (OSO) a groundbreaking air-gapped cold storage solution for digital assets. By collaborating with digital asset manager Metaco an IBM partner and Ripple subsidiary as well as tier-1 banks IBM has developed an end-to-end asset encryption service that tackles common vulnerabilities found in traditional cold storage solutions. IBMs OSO is designed to address these vulnerabilities by eliminating the need for manual initiation and execution of transactions. Just like a time-release safe that can only be opened at specific times OSO can be configured to solely transfer transactions from cold storage to the blockchain and vice versa at predefined times or only through the approval of a multibody governance scheme. To further bolster OSOs resistance to attacks digital assets can be secured in air-gapped storage containers ensuring that re...
IBM Introduces Innovative Air-Gapped Cold Storage for Digital Assets Cold storage IBM recently unveiled the IBM Hyper Protect Offline Signing Orchestrator (OSO) a groundbreaking air-gapped cold storage solution for digital assets. By collaborating with digital asset manager Metaco an IBM partner and Ripple subsidiary as well as tier-1 banks IBM has developed an end-to-end asset encryption service that tackles common vulnerabilities found in traditional cold storage solutions. IBMs OSO is designed to address these vulnerabilities by eliminating the need for manual initiation and execution of transactions. Just like a time-release safe that can only be opened at specific times OSO can be configured to solely transfer transactions from cold storage to the blockchain and vice versa at predefined times or only through the approval of a multibody governance scheme. To further bolster OSOs resistance to attacks digital assets can be secured in air-gapped storage containers ensuring that re...
**IBM Introduces Innovative Air-Gapped Cold Storage for Digital Assets** **Cold storage** IBM recently unveiled the IBM Hyper Protect Offline Signing Orchestrator (OSO), a groundbreaking air-gapped cold storage solution for digital assets. By collaborating with digital asset manager Metaco, an IBM partner and Ripple subsidiary, as well as tier-1 banks, IBM has developed an end-to-end asset encryption service that tackles common vulnerabilities found in traditional cold storage solutions. IBM’s OSO is designed to address these vulnerabilities by eliminating the need for manual initiation and execution of transactions. Just like a time-release safe that can only be opened at specific times, OSO can be configured to solely transfer transactions from cold storage to the blockchain, and vice versa, at predefined times or only through the approval of a multibody governance scheme. To further bolster OSO’s resistance to attacks, digital assets can be secured in “air-gapped” storage containers, ensuring that remote attacks cannot access assets while they are at rest. **Securing blockchain transactions** In a standard air-gapped paradigm, administrators managing cold storage solutions often have to physically transport storage devices such as laptops or USB drives to offline hardware to sign transactions, introducing the potential for human error. OSO incorporates a policy engine that can facilitate communication between different applications without being simultaneously connected to both, reducing the scope for human error and remote access during transactions. Overall, IBM’s introduction of OSO represents a significant leap forward in securing digital assets and blockchain transactions. By addressing the inherent vulnerabilities in traditional cold storage solutions, IBM aims to provide a robust, secure, and scalable solution for managing digital assets. **Editor Notes** For the latest news and insights on blockchain technology and digital assets, visit [Uber Crypto News](https://ift.tt/0T7O6ol) for in-depth coverage and analysis. https://ift.tt/PkJcqnC
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IBM Introduces Innovative Air-Gapped Cold Storage for Digital Assets Cold storage IBM recently unveiled the IBM Hyper Protect Offline Signing Orchestrator (OSO) a groundbreaking air-gapped cold storage solution for digital assets. By collaborating with digital asset manager Metaco an IBM partner and Ripple subsidiary as well as tier-1 banks IBM has developed an end-to-end asset encryption service that tackles common vulnerabilities found in traditional cold storage solutions. IBMs OSO is designed to address these vulnerabilities by eliminating the need for manual initiation and execution of transactions. Just like a time-release safe that can only be opened at specific times OSO can be configured to solely transfer transactions from cold storage to the blockchain and vice versa at predefined times or only through the approval of a multibody governance scheme. To further bolster OSOs resistance to attacks digital assets can be secured in air-gapped storage containers ensuring that re...
The Ethereum Whale Movement Shakes Market: $90M ETH Transfer to Kraken In a surprising turn of events a crypto whale holding 39260 ether nearly $90 million has reasserted its presence after five years of dormancy by depositing the entire sum into the Kraken exchange. This remarkable resurgence has sparked significant speculation among industry observers igniting discussions about potential implications for Ethereums price trajectory. ### The Significance of the ETH Transfer A dormant Ethereum wallet containing 39260 ETH valued at $89 million has been activated after a prolonged period of inactivity. The entire ETH balance was transferred to the Kraken cryptocurrency exchange raising questions about potential selling pressure or conversion of assets. ### Unraveling the Story The saga began in 2017 when this Ethereum address received 47260 ETH equivalent to approximately $11 million at the time. Subsequently it lay motionless until it abruptly sprang to life on a Tuesday morning dispa...
The Ethereum Whale Movement Shakes Market: $90M ETH Transfer to Kraken In a surprising turn of events a crypto whale holding 39260 ether nearly $90 million has reasserted its presence after five years of dormancy by depositing the entire sum into the Kraken exchange. This remarkable resurgence has sparked significant speculation among industry observers igniting discussions about potential implications for Ethereums price trajectory. ### The Significance of the ETH Transfer A dormant Ethereum wallet containing 39260 ETH valued at $89 million has been activated after a prolonged period of inactivity. The entire ETH balance was transferred to the Kraken cryptocurrency exchange raising questions about potential selling pressure or conversion of assets. ### Unraveling the Story The saga began in 2017 when this Ethereum address received 47260 ETH equivalent to approximately $11 million at the time. Subsequently it lay motionless until it abruptly sprang to life on a Tuesday morning dispa...
**The Ethereum Whale Movement Shakes Market: $90M ETH Transfer to Kraken** In a surprising turn of events, a crypto whale holding 39,260 ether, nearly $90 million, has reasserted its presence after five years of dormancy by depositing the entire sum into the Kraken exchange. This remarkable resurgence has sparked significant speculation among industry observers, igniting discussions about potential implications for Ethereum’s price trajectory. ### The Significance of the ETH Transfer – A dormant Ethereum wallet containing 39,260 ETH valued at $89 million has been activated after a prolonged period of inactivity. – The entire ETH balance was transferred to the Kraken cryptocurrency exchange, raising questions about potential selling pressure or conversion of assets. ### Unraveling the Story The saga began in 2017 when this Ethereum address received 47,260 ETH, equivalent to approximately $11 million at the time. Subsequently, it lay motionless until it abruptly sprang to life on a Tuesday morning, dispatching its complete 39,260 ETH holding to Kraken in a single transaction. Notably, prior transactions from the address did not align with any exchange’s storage structure, although a tenuous connection to trading firm Cumberland was discernible in supplementary blockchain analysis. According to Lookonchain, a prominent on-chain analytics tool, this transfer was detected during Asian morning trading, signaling a deliberate shift in the dormant whale’s crypto strategy. An intriguing tweet from Lookonchain shed light on the situation, hinting at potential profit-taking in the wake of the transfer. ### Unveiling Whale Influence Crypto whales, with their remarkable capacity to sway markets, have captivated the interest of industry participants. The accumulation of tokens by whales often signifies robustness and firmness within an asset. On the other hand, transfers to exchanges typically forecast selling operations or conversions to alternative cryptocurrencies. Any abrupt shift in the balance of supply and demand exerts a palpable influence on pricing dynamics across the entire market landscape. ### The Impact on Ethereum’s Market The recent transfer holds the potential to ripple through Ethereum’s market, potentially provoking noteworthy price fluctuations and exerting considerable influence on trading volumes. With Kraken equipped to efficiently manage a $5 million Ethereum transaction without severely jolting the market, a $90 million sell-off could precipitate pronounced volatility. It’s worth noting that seasoned whales often opt to split their orders into smaller segments to diminish disruptive effects on the market. ### Conclusion: Whales’ Dominance Unveiled The resurgence of this silent Ethereum behemoth, culminating in the relocation of funds after half a decade, has underscored the extraordinary concentration of wealth and influence wielded by crypto whales. This awakening serves as a riveting testament to the mesmerizing sway these entities hold over market prices, wielding the power to steer the trajectory of currencies. **Editor Notes** For insights into the latest crypto developments, exclusive news, and in-depth analysis, visit [Uber Crypto News](https://ift.tt/HpwEoAt). https://ift.tt/KvVC4DA
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The Ethereum Whale Movement Shakes Market: $90M ETH Transfer to Kraken In a surprising turn of events a crypto whale holding 39260 ether nearly $90 million has reasserted its presence after five years of dormancy by depositing the entire sum into the Kraken exchange. This remarkable resurgence has sparked significant speculation among industry observers igniting discussions about potential implications for Ethereums price trajectory. ### The Significance of the ETH Transfer A dormant Ethereum wallet containing 39260 ETH valued at $89 million has been activated after a prolonged period of inactivity. The entire ETH balance was transferred to the Kraken cryptocurrency exchange raising questions about potential selling pressure or conversion of assets. ### Unraveling the Story The saga began in 2017 when this Ethereum address received 47260 ETH equivalent to approximately $11 million at the time. Subsequently it lay motionless until it abruptly sprang to life on a Tuesday morning dispa...
UAEs regulatory structure attracts crypto firms Canaans revenue declines and more UAEs regulatory structure attracts crypto firms Canaans revenue declines and more
UAEs regulatory structure attracts crypto firms Canaans revenue declines and more UAEs regulatory structure attracts crypto firms Canaans revenue declines and more
UAE’s regulatory structure attracts crypto firms, Canaan’s revenue declines, and more UAE’s regulatory structure attracts crypto firms, Canaan’s revenue declines, and more https://ift.tt/btou3P4
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UAEs regulatory structure attracts crypto firms Canaans revenue declines and more UAEs regulatory structure attracts crypto firms Canaans revenue declines and more
The recent surge in Bitcoins price has led to a significant loss for short sellers surpassing $100 million within a 24-hour timeframe. Despite this the gains have not been reflected in wrapped Bitcoin (wBTC) on Ethereum. The crypto market overall has experienced a surge in value catching many market participants off guard. ### Short Sellers Lose Over $100 Million The surge in the crypto market has resulted in over $140 million in liquidations with short sellers bearing over $110 million in losses. This marks the second-largest amount of short liquidations in a single day since mid-November. Bitcoin traders faced liquidations totaling $36 million predominantly affecting those with short positions. Ethereum and Solana traders experienced liquidations amounting to roughly $32 million and over $6 million respectively. Binance recorded the highest losses among exchanges at $53.44 million followed by OKX at $51 million. This scenario unfolded as Bitcoin continued its year-long rally. Tech...
The recent surge in Bitcoins price has led to a significant loss for short sellers surpassing $100 million within a 24-hour timeframe. Despite this the gains have not been reflected in wrapped Bitcoin (wBTC) on Ethereum. The crypto market overall has experienced a surge in value catching many market participants off guard. ### Short Sellers Lose Over $100 Million The surge in the crypto market has resulted in over $140 million in liquidations with short sellers bearing over $110 million in losses. This marks the second-largest amount of short liquidations in a single day since mid-November. Bitcoin traders faced liquidations totaling $36 million predominantly affecting those with short positions. Ethereum and Solana traders experienced liquidations amounting to roughly $32 million and over $6 million respectively. Binance recorded the highest losses among exchanges at $53.44 million followed by OKX at $51 million. This scenario unfolded as Bitcoin continued its year-long rally. Tech...
The recent surge in **Bitcoin’s price** has led to a significant loss for short sellers, surpassing $100 million within a 24-hour timeframe. Despite this, the gains have not been reflected in wrapped Bitcoin (wBTC) on Ethereum. The crypto market overall has experienced a surge in value, catching many market participants off guard. ### Short Sellers Lose Over $100 Million The surge in the crypto market has resulted in over $140 million in liquidations, with short sellers bearing over $110 million in losses. This marks the second-largest amount of short liquidations in a single day since mid-November. Bitcoin traders faced liquidations totaling $36 million, predominantly affecting those with short positions. Ethereum and Solana traders experienced liquidations amounting to roughly $32 million and over $6 million, respectively. Binance recorded the highest losses among exchanges, at $53.44 million, followed by OKX at $51 million. This scenario unfolded as Bitcoin continued its year-long rally. Technical analyst Koroush AK mentioned that Bitcoin has encountered new resistance at $40,000, establishing strong support around $38,000, suggesting a potential altseason on the horizon. ### wBTC Supply Decrease in November Despite the rise in Bitcoin’s value, the supply of wrapped Bitcoin (wBTC) on Ethereum decreased by around 2% in November, equivalent to more than 3,000 BTC. This decrease indicates muted demand for BTC on the ETH blockchain. The wBTC order book shows that the digital asset experienced more burning than minting in the past month. Currently, there are 160,286 wBTC against 160,293 BTC held in custody. Research analyst Tom Wan attributed the balance decline to the decreased DeFi appetite and the emergence of BRC-20 on the blockchain network. At its supply peak, demand for wBTC was relatively high as it held utility in DeFi activities. However, with several DeFi protocols struggling to reach their previous heights, the demand for wBTC has diminished. In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased and transparent reporting. While this news article aims to provide accurate and timely information, readers are encouraged to verify facts independently and consult with professionals before making any decisions based on this content. Editor Notes In conclusion, these events in the crypto market evince the volatility and opportunities that continue to define this space. For more insights and updates on the latest in the crypto world, visit [Uber Crypto News](https://ift.tt/pCyMr5m). https://ift.tt/7mEfbsy
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·ubercryptonews.com·
The recent surge in Bitcoins price has led to a significant loss for short sellers surpassing $100 million within a 24-hour timeframe. Despite this the gains have not been reflected in wrapped Bitcoin (wBTC) on Ethereum. The crypto market overall has experienced a surge in value catching many market participants off guard. ### Short Sellers Lose Over $100 Million The surge in the crypto market has resulted in over $140 million in liquidations with short sellers bearing over $110 million in losses. This marks the second-largest amount of short liquidations in a single day since mid-November. Bitcoin traders faced liquidations totaling $36 million predominantly affecting those with short positions. Ethereum and Solana traders experienced liquidations amounting to roughly $32 million and over $6 million respectively. Binance recorded the highest losses among exchanges at $53.44 million followed by OKX at $51 million. This scenario unfolded as Bitcoin continued its year-long rally. Tech...