Bitcoin Core Development Progresses While Market Strategists Face Challenges
Bitcoin Core Development Progresses While Market Strategists Face Challenges
Recent news highlights ongoing developments within the Bitcoin ecosystem, with senior developers promoting a new Trusted Keys maintainer for Bitcoin Core, signaling continued health and security efforts for the network. Concurrently, a major Bitcoin advocate, Michael Saylor, is encountering difficulties in his strategy to enhance his company's BTC per share value despite recent large acquisitions.
In broader tech news, the 'Crypto Twitter' community experienced significant disruption due to a bot flood following an algorithm change on the X platform. Meanwhile, the Decentralized Finance (DeFi) sector continues to face security vulnerabilities, with 'legacy DeFi platforms' reporting $27 million in losses from an ongoing hacking spree. On the political front, the Trump administration has intensified its pressure on the Federal Reserve, escalating a contentious relationship.
Strategy bought a lot of BTC last week, but shareholders still have less per share now than a couple of months ago.
An ongoing hacking spree targeting legacy DeFi projects has claimed a further $27M, with Truebit and Futureswap the latest victims.
The Donald Trump administration has escalated its assault on the Federal Reserve to an "unprecedented" level, sending grand jury subpoenas.
Following an apparent bot takeover, influencers dived into a thread with X Head of Product Nikita Bier to complain about the torrent of spam.
Senior Bitcoin developers have promoted TheCharlatan, aka "sedited," to Trusted Key holder with GitHub Commit access to Core’s master branch.