Protos
Exclusive coverage of cryptocurrency markets, blockchain innovations, and digital asset trends
Why two-party Bitcoin Lightning channels keep failing
The Lightning Network started as a simple way to reduce the cost and time of small, day-to-day bitcoin (BTC) payments. However, as new research shows, joining and exiting the network with a single peer has created an intractable problem with channel depletion that developers have...
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Inside DeFi 001
In this newsletter, Protos examines the inner-workings of the decentralized finance sector, bringing readers a glimpse o...
French crypto tax firm targeted in ShinyHunters extortion attempt
French crypto tax company Waltio is being extorted by crypto hacking collective ShinyHunters, which claims to have stole...
The Context 157: 💭 Forgotten Trump Crypto Projects
Donald Trump, by a large measure, is involved with more cryptocurrency projects than any previous president. However, nu...
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Farcaster acquisition sparks claims of ‘$150M theft’
Farcaster founder Dan Romero has said that his decentralized social media firm "isn't shutting down" after rumors of its closure circulated following Neynar’s acquisition of the pl...
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If BTC was really a rival to gold, it would be at $278K
If bitcoin (BTC) had rallied as much as gold over the past 12 months, it would currently be trading at $184,000. Over the past 12 months, BTC has declined 12.3% while gold has rall...
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Trump sues Jamie Dimon, revives ‘Operation Chokepoint 2.0’
Donald Trump has sued JPMorgan CEO Jamie Dimon personally in a Miami court. Trump is seeking $5 billion from Dimon and his $833 billion bank on allegations that Dimon unfairly deba...
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Cambodian scam rings facing disruption since kingpin’s arrest
Following the arrest and extradition of alleged billion-dollar scam kingpin and head of the Prince Group, Chen Zhi, earlier this month, the sprawling network behind Southeast Asian...
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Strategy market cap down 40% after pivot from bonds to preferreds
Strategy (formerly MicroStrategy) has shed 40% of its market capitalization since founder Michael Saylor stopped selling bonds on February 21 last year, ending traditional debt sal...
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Crypto sleuth links $500M in Iranian USDT to stolen Bybit funds
An independent blockchain investigator claims to have linked the more than $500 million in Tether (USDT) moved by Iran’s central bank to funds stolen from Bybit that are being laun...
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