Author: Ethan Carter
Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.
Recently, there has been an increase in crypto drainers being uploaded to websites due to a vulnerability in the open-source JavaScript library React, as reported by the cybersecurity nonprofit Security Alliance (SEAL).React is essential for building user interfaces, particularly in web applications. On December 3, the React team announced that a white hat hacker, Lachlan Davidson, discovered a security vulnerability that permitted unauthenticated remote code execution, enabling attackers to insert and execute their own code.SEAL reports that malicious actors are exploiting the vulnerability, CVE-2025-55182, to covertly inject wallet-draining code into crypto websites.“We are seeing a significant rise in drainers being…
Bitcoin, Ethereum, and other cryptocurrencies have experienced a significant pullback over the past 24 hours, leading to a wave of liquidations on derivatives exchanges. Crypto Long Liquidations Have Approached $600 Million In The Last Day As per data from CoinGlass, the recent sharp movements in the cryptocurrency market have resulted in a considerable number of liquidations within the derivatives sector. Related Reading “Liquidation” refers to the forced closure of any open position once it incurs a certain level of losses. For long traders, this occurs when the asset’s value declines, while the opposite holds true for short traders during price…
Bhutan plans to utilize 10,000 Bitcoin from its reserves to finance the construction of its special administrative region, the Gelephu Mindfulness City (GMC).Situated in Gelephu, Southern Bhutan, GMC was launched in 2024 as Bhutan’s new economic center aimed at curbing the migration of young Bhutanese by creating high-value local employment opportunities.The initiative is designed to draw in businesses across various sectors, such as finance, tourism, green energy, technology, healthcare, and agriculture.This city offers regulatory flexibility for crypto and fintech enterprises and serves to enhance Bhutan’s Bitcoin (BTC) mining endeavors. It spans approximately 10% of the country’s landmass, or around 1,544…
The Kingdom of Bhutan has announced plans to utilize 10,000 Bitcoin from its reserves to help develop the Gelephu Mindfulness City (GMC), its special administrative region.Situated in Gelephu, Southern Bhutan, GMC was launched in 2024 as a new economic center aimed at curbing the migration of young Bhutanese by generating high-value local employment opportunities.The city is designed to attract businesses across various sectors, such as finance, tourism, green energy, technology, healthcare, and agriculture.GMC offers regulatory flexibility for cryptocurrency and fintech companies, as well as serving as a hub to enhance Bhutan’s Bitcoin (BTC) mining efforts. The area encompasses approximately 10%…
This post presents a technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin BTC$86,777.66 is trading near a significant long-term price line that has been stable for three weeks, creating tension among bulls. Meanwhile, shares of the largest publicly listed BTC holder, Strategy (MSTR), have already fallen beneath this “safety net,” signaling bearish indicators for the cryptocurrency.This safety net is the 100-week simple moving average (SMA), which represents the average price over about two years and serves as a reliable measure for technical analysts to determine major trend changes and long-term support or failures.For Bitcoin, the 100-week SMA…
Authorities in Spain and Denmark have dismantled a cross-border criminal organization responsible for the kidnapping and murder of a cryptocurrency holder, highlighting the alarming trend of violent ‘wrench attacks.’ Summary Spanish and Danish law enforcement detained suspects following the abduction of a couple in Málaga, driven by a desire to access their cryptocurrency wallets, resulting in the male victim’s death. Authorities conducted raids in Madrid and Málaga, uncovering weapons, blood-stained clothing, electronic devices, and documents linked to a broader scheme preying on valuable digital wallets. This case aligns with a rising global pattern of violent ‘wrench attacks’ against crypto owners,…
Charles Edwards, the creator of the quantitative Bitcoin and digital asset fund Capriole, cautions that Bitcoin could drop significantly below $50,000 if it fails to achieve quantum resistance by 2028.The potential threat of quantum computing to the cryptocurrency sector has been a topic of extensive discussion, regarded as a forthcoming inflection point. More sophisticated computers could theoretically compromise encryption, exposing user keys, sensitive data, and funds to malicious actors.While the deadline is generally seen as being years away, Edwards recently predicted it might arrive as early as 2028; without swift industry action, Bitcoin’s (BTC) value might plummet. Source: Charles Edwards “I’m…
Charles Edwards, founder of the quantitative Bitcoin and digital asset fund Capriole, warns that Bitcoin may dip significantly below $50,000 if it isn’t quantum-resistant by 2028.The potential threat of quantum computing to the crypto industry has been a topic of ongoing debate, seen as a critical inflection point. More advanced computers could theoretically break encryption, potentially revealing user keys and exposing sensitive data and funds to malicious actors.While many believe this deadline is still years away, Edwards predicts that it could arrive as soon as 2028, warning that if the industry fails to act swiftly, Bitcoin’s (BTC) value could tumble. …
A downturn in the cryptocurrency markets persisted on Wednesday, as total capitalization fell below $3 trillion for the third time this month, indicating a potential vulnerability to further declines.The selling pressure was notably focused on large-cap cryptocurrencies, especially those with active ETF involvement, implying a shift in institutional positioning rather than widespread retail capitulation.Bitcoin BTC$86,892.53 dropped 1.5%, settling at $86,580, partly reversing Tuesday’s gains. This decline adversely affected the broader cryptocurrency market, halting XRP’s (XRP) recovery around $1.90. Ether ETH$2,940.13 retreated to $2,930 from an overnight peak of approximately $2,980, according to CoinDesk data.These significant tokens, which had large inflows…
Vitalik Buterin, co-founder of Ethereum, is advocating for social media platforms to adopt cryptography and blockchain technology to enhance the transparency and verifiability of their content-ranking systems.In a recent post on X post, Buterin claimed that X should implement zero-knowledge proofs (ZK-proofs) and blockchain to substantiate the fairness of its content reach algorithms. He expressed concerns about X’s operations, criticizing owner Elon Musk’s leadership style as detrimental:“Elon Musk, I think you should consider that making X a global totem pole for free speech, and then turning it into a death star laser for coordinated hate sessions, is actually harmful for…