Bitcoin price decouples from Trump as Harris takes lead on Polymarket

For the first time since Harris’ nomination, the Bitcoin price has decoupled from former President Donald Trump’s chances of winning the 2024 election on Polymarket. Trump has been leading on the crypto native prediction market Polymarket since April, with odds reaching as high as 72% shortly after the assassination attempt on his life. However, his The post Bitcoin price decouples from Trump as Harris takes lead on Polymarket appeared first on CryptoSlate.

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Traditional betting beat Polymarket on Walz VP pick favoring pro-Bitcoin Shapiro

Polymarket’s crypto prediction markets failed to anticipate Kamala Harris’s selection of Minnesota Governor Tim Walz as her vice-presidential running mate, favoring Pennsylvania Governor Josh Shapiro. Despite Walz being a longshot, with odds fluctuating between 15% and 25% on Polymarket, Shapiro maintained a dominant position with a 65% chance of being chosen since the end of The post Traditional betting beat Polymarket on Walz VP pick favoring pro-Bitcoin Shapiro appeared first on CryptoSlate.

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Potential Harris VP picks have clear winner for Bitcoin between Shapiro and Walz

Vice President Kamala Harris is about to announce her running mate for the 2024 presidential election, with Pennsylvania Governor Josh Shapiro and Minnesota Governor Tim Walz emerging as the front-runners. According to the latest data, crypto prediction market Polymarket has Shapiro ahead by 7%, with $119 million wagered as of press time. Harris’s decision is The post Potential Harris VP picks have clear winner for Bitcoin between Shapiro and Walz appeared first on CryptoSlate.

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How malicious hardware wallet firmware can leak your Bitcoin seed phrase

Dark Skippy, a recently discovered attack vector, poses a significant threat to the security of Bitcoin hardware wallets. The method allows a compromised signer to exfiltrate its master seed phrase by embedding portions into transaction signatures, requiring only two transactions to complete. Unlike previous assumptions that multiple transactions were necessary, this streamlined approach means that The post How malicious hardware wallet firmware can leak your Bitcoin seed phrase appeared first on CryptoSlate.

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PlanB’s Stock-To-Flow model off by $130k, Bitcoin trades below trend since 2021

PlanB’s Stock-to-Flow (S2F) model, known for predicting Bitcoin’s price based on scarcity, has faced scrutiny as the digital asset’s value has remained below the model’s expectations since 2021. The S2F model, which correlates the increasing scarcity of Bitcoin due to halving events with price appreciation, suggested a significantly higher price than the actual market value The post PlanB’s Stock-To-Flow model off by $130k, Bitcoin trades below trend since 2021 appeared first on CryptoSlate.

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