Author Archives: pdgweb

Shares of luxury watchmaker Top Win surged more than 60% in premarket trading after the company said it would adopt a Bitcoin accumulation strategy and had changed its name to AsiaStrategy. In a May 16 announcement, AsiaStrategy said it is partnering with Sora Ventures to adopt a Bitcoin (BTC) treasury strategy. Sora previously partnered with …

Continue reading “Bitcoin treasury pivot lifts luxury watchmaker’s stock more than 60%”

Why did Fantom reinvent itself as Sonic? Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied on the Ethereum-derived account storage model and the EVM, which led to bloated storage and slow …

Continue reading “The emergence of Sonic and what it means for DeFi: Report”

Ethereum Merge architect Justin Drake told Cointelegraph that it would be cheaper to launch a 51% attack on Bitcoin than on Ethereum. Drake said it would be “much cheaper to 51% attack Bitcoin” and that it would cost “on the order of $10 billion.” Drake led work on Ethereum’s proof-of-stake (PoS) implementation and was a …

Continue reading “51% attack on Ethereum more difficult than on Bitcoin — Justin Drake”

A fake Eric Trump-themed memecoin launched on Solana’s memecoin launchpad Pump.fun, rose more than 6,200% in the past 24 hours, raising red flags among blockchain analysts who warned of a potential rug pull. A newly-created Eric Trump (ERICTRUMP) memecoin with the token address “jv7d” surpassed $140 million in market capitalization within a day since its …

Continue reading “Fake Eric Trump-themed token is ‘rug in the making,’ says Bubblemaps”

What is AI vibe coding? AI vibe coding is a novel approach to software development that generates advanced, executable code based on well-crafted natural language user prompts.  Yet another innovation fueled by artificial intelligence capabilities, AI vibe coding is proving to be a game-changer, especially for non-technical enthusiasts who can now experiment with software development …

Continue reading “AI vibe coding: what it is, why it’s risky, and how to stay safe”

Mainland China, one of the world’s most restrictive countries toward cryptocurrency, may be inching closer to adoption as a locally operating brand announced a Bitcoin reserve strategy. DDC Enterprise, also known as DayDayCook, a US consumer brand with Hong Kong roots and operations in mainland China, is adopting a Bitcoin (BTC) reserve strategy, CEO Norma …

Continue reading “China-linked consumer brand DayDayCook plans to acquire 5,000 Bitcoin”

Update May 16, 11:24 am UTC: This article has been updated to add comments from Ran Goldi, senior vice president of payments and network at Fireblocks. A report from enterprise-grade digital assets platform Fireblocks shows that 90% of institutional players are using or exploring the use of stablecoins in their operations. The report, published May …

Continue reading “90% of institutions ‘taking action’ on stablecoins: Fireblocks survey”

Key takeaways: Bitcoin price consolidates as resistance at $105,000 prevents a rally to new all-time highs. Traders are slightly bearish, but historical data suggests a sudden bullish move should not be ruled out. Bitcoin (BTC) price has been consolidating within a roughly $3,500 range over the past seven days as the $105,000 level remains the …

Continue reading “Here is why Bitcoin price is stuck below $105K”