BITCOIN

Manta Network, a modular layer two (L2) protocol, said a distributed denial-of-service attack on Jan. 18 resulted in the network accumulating a large queue of recent transactions. The attack, which occurred during a token-issuing event, is believed to have severely limited communication between the protocol and Manta Network apps. An Aggressive and Timed Attack On Jan. 18, the Manta Network, a modular layer two (L2) protocol, announced that it was a victim of a distributed denial-of-service (DDoS) attack. The attack resulted in a sharp increase in the number of pending transactions. According to Kenny Li, who shared the DDoS attack alert via X (formerly), the attack initially saw 135 million requests hitting remote procedure call (RPC) nodes, proving that “a very aggressive and timed attack” was underway. DDoS Attack Update on @MantaNetwork Hey everyone, we are experiencing a calculated DDoS attack on the network. This happened at 9:30AM UTC, exactly the same time as our TGE even

The U.S. Securities and Exchange Commission’s former head of internet enforcement has explained that crypto holds the key to the 2024 U.S. presidential election. He stressed that every U.S. presidential candidate should immediately appoint an internal Crypto Czar. “The stark reality is that above all else, people have always voted with their wallets,” he emphasized. Former SEC Official on Crypto and Presidential Election Former U.S. Securities and Exchange Commission (SEC) official John Reed Stark has shared his view on crypto and how it could influence the outcome of the 2024 U.S. presidential election. Stark is currently president of cybersecurity firm John Reed Stark Consulting. He founded and served as chief of the SEC Office of Internet Enforcement for 11 years. He was also an SEC enforcement attorney for 15 years. The former SEC official detailed on social media platform X Wednesday: The crypto movement holds the key to the 2024 presidential election. Every presidential con

Blackrock, the world’s largest asset manager, is seeking approval from the U.S. Securities and Exchange Commission (SEC) to offer options on its spot bitcoin exchange-traded fund (ETF). The SEC has opened a comment period for a proposed rule change, filed by Nasdaq, to list and trade options on Blackrock’s spot bitcoin ETF. Since launch, Blackrock’s Ishares Bitcoin Trust has amassed 28,622 bitcoins. SEC Opens Comment Period for Options Trading on Ishares Bitcoin Trust Blackrock, the world’s largest asset manager, is seeking to offer options on its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT). Nasdaq, which lists and trades IBIT, filed a proposed rule change (Form 19b-4) with the U.S. Securities and Exchange Commission (SEC) on Friday to list and trade options on IBIT. In its SEC filing, Nasdaq explained: The Exchange believes that offering options on the Trust [IBIT] will benefit investors by providing them with an additional, relatively lower cost i

Jim Cramer, the host of CNBC’s Mad Money show, has warned of a bitcoin selloff. While cautioning investors about investing in bitcoin and the newly launched spot bitcoin exchange-traded funds (ETFs), he said: “I’m not as stridently against these new investment vehicles as Gary Gensler is … At this point, Bitcoin’s been around for 15 years, it’s fairly well-established, and I don’t want to try to stop anyone from speculating in this stuff, as long as they do their research.” Jim Cramer’s Bitcoin Prediction Mad Money host Jim Cramer weighed in on the bitcoin price outlook several times this week, particularly focusing on how the U.S. Securities and Exchange Commission’s approval of spot bitcoin exchange-traded funds (ETFs) could affect its trajectory. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website. The price of bitcoin pushed above $47K in anticipation of the SEC approving spot bitcoin ETFs. However, after the approval, it p