Hackers recover $3 million Bitcoin from 2013 wallet through ingenious password crack

Hardware hacker Joe Grand and his team successfully recovered $3 million worth of Bitcoin from a software wallet that had been locked since 2013. The project, which Grand described as unlike anything he had worked on, involved reverse engineering a password generator to unlock the wallet. Grand, known for his expertise in hardware hacking, collaborated The post Hackers recover $3 million Bitcoin from 2013 wallet through ingenious password crack appeared first on CryptoSlate.

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How does Ethereum’s DN-404 standard bridge tokens and NFTs?

DN-404 is an experimental Ethereum token standard designed to address the limitations of its predecessor, ERC-404, by enhancing tokenized assets’ efficiency, scalability, and interoperability. DN-404, short for “Divisible NFT-404,” was developed by blockchain engineers and industry experts to improve the ERC-404 standard. ERC-404 aimed to integrate ERC-20 fungible tokens and ERC-721 NFTs to facilitate the The post How does Ethereum’s DN-404 standard bridge tokens and NFTs? appeared first on CryptoSlate.

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Vitalik Buterin critiques Bitcoin’s block size war, calls for innovation

Vitalik Buterin, co-founder of Ethereum, has provided a detailed reflection on the Bitcoin block size wars, a significant conflict within the Bitcoin community that spanned from 2015 to 2017. This debate centered on whether to increase Bitcoin’s block size limit from 1 MB to accommodate more transactions, thereby reducing fees and enhancing its utility as The post Vitalik Buterin critiques Bitcoin’s block size war, calls for innovation appeared first on CryptoSlate.

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Romanian city Tuzla to become a blockchain-powered DePIN smart hub with ARAX partnership

ARAX has announced a strategic partnership with the Municipality of Tuzla, Romania, to launch a Decentralized Physical Infrastructure Network (DePIN) project aimed at transforming the city into a smart urban hub. This initiative will leverage ARAX’s advanced blockchain, IoT, and AI technologies to implement intelligent streetlights and other smart city solutions. The project will be The post Romanian city Tuzla to become a blockchain-powered DePIN smart hub with ARAX partnership appeared first on CryptoSlate.

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Babylon secures $70 million to turn Bitcoin into PoS security backbone

Babylon, the Bitcoin staking protocol, has successfully closed a $70 million funding round led by Paradigm, with significant contributions from Bullish Capital and Polychain Capital. This pre-launch funding aims to support team growth, research, and development ahead of Babylon’s mainnet launch. The funds will be used to advance Babylon’s scalable staking and restaking features, unlocking The post Babylon secures $70 million to turn Bitcoin into PoS security backbone appeared first on CryptoSlate.

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