KyberSwap hacker demands complete control over Kyber company

The hacker behind the $46 million KyberSwap exploit has finally released their conditions for the return of the stolen funds, which includes “complete executive control” over the Kyber company. 

On Nov. 30, the KyberSwap hacker sent an on-chain message addressing all relevant and interested parties. The hacker laid out demands, including control over the company, temporary full authority and ownership of its governance mechanism, the KyberDAO, all documents related to the company and all of the Kyber company assets.

The hacker explained that this was their best and only offer. According to the exploiter, these demands must be met by Dec. 10. If not, the “treaty falls through.”

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Bitcoin Mining Heater | Harnessing Bitcoin Thermal Byproduct

Bitcoin mining presents an opportunity to put that thermal energy to practical use and achieve two beneficial outcomes at once. A bitcoin mining heater uses the heat produced during mining to heat the space it is in.

During mining, substantial computational efforts are dedicated to solving intricate calculations to validate and add blocks to the blockchain. This crucial task, performed by miners, ensures the network’s integrity and resilience. This intensive processing is typically executed by powerful mining rigs. Thus it consumes considerable energy which generates significant heat.

ASICs: The Pinnacle of Bitcoin Mining Efficiency

ASICs, or Application-Specific…

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SEC Set For Mass Bitcoin ETF Approval

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Jack Dorsey Helps OCEAN Decentralized Mining Pool Raise $6.2M

Mummolin Inc., under the guidance of Block CEO Jack Dorsey, has successfully raised $6.2 million in seed funding to propel the launch of OCEAN decentralized mining pool.

Ocean is a groundbreaking decentralized Bitcoin mining pool. Joining Dorsey in this venture are notable participants like Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and the Bitcoin Opportunity Fund, as indicated in an official announcement.

NEW: Block CEO Jack Dorsey leads $6.2M investment round in Eligius Pool, relaunched as OCEAN Pool, a non-custodial #Bitcoin mining pool that claims to offer complete transparency into its operations and miner payments directly from the Bitcoin network…

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Check Out the Top Crypto Gainers of the Day

  1. XYO Network (XYO): 85.4%
  2. AIOZ Network (AIOZ): 49.6%
  3. IOTA (IOTA): 38.8%
  4. Theta Fuel (TFUEL): 26.6%
  5. Synapse (SYN): 16.4%
  6. Shrapnel (SHRAP): 14.4%
  7. Ankr Network (ANKR): 14.4%
  8. SPACE ID (ID): 12.1%
  9. Hashflow (HFT): 10.6%
  10. WEMIX (WEMIX): 9.3%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

Google DeepMind’s AI predicts 2 million novel chemical materials for real-world tech

Google DeepMind has utilized artificial intelligence (AI) to forecast the structure of over 2 million novel chemical materials, marking a breakthrough with potential applications for enhancing real-world technologies soon.

In a scientific paper released in the Nature Journal on Wednesday, Nov. 29, the AI company owned by Alphabet reported that nearly 400,000 of its theoretical material designs may soon undergo laboratory testing. Possible uses for this research encompass the development of batteries, solar panels, and computer chips with enhanced performance.

According to the paper, identifying and creating new materials is often expensive and time-intensive. It took approximately two…

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SEC’s Gensler Keeps Quiet On Bitcoin Spot ETF Prospects, Refuses To ‘Pre-Judge’ The Situation

SEC Chair Gary Gensler continues to withhold comments regarding the future of spot Bitcoin BTC/USD exchange-traded fund (ETF).

What Happened: According to a report by The Block, Gensler did not provide any insights on the potential action of the SEC regarding pending applications for spot bitcoin ETFs during the Healthy Markets Association conference on Wednesday. He emphasized that he wouldn’t “pre-judge” the situation and reminded attendees of the SEC’s “time-tested process.”

Asset management giants, such as BlackRock Inc. and Fidelity Investments, have submitted several applications to introduce the first spot Bitcoin ETF.

See Also: EXCLUSIVE: Robinhood Showcases…

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Bitcoin ETF will drive 165% BTC price gain in 2024 — Standard Chartered

Bitcoin (BTC) may hit $100,000 in one year’s time thanks to “earlier than expected” exchange-traded funds (ETF) launching, says Standard Chartered.

In a research note issued on Nov. 28 quoted by sources including Business Insider, the banking giant doubled down on its bullish BTC price targets.

Standard Chartered still expects six-figure BTC price

Bitcoin is in line to trade at six figures by the end of 2024, the latest forecast from Standard Chartered concludes.

Thanks to the United States potentially approving Bitcoin spot price ETFs, BTC/USD has the ability to almost treble from its current $37,700 over the coming twelve months.

“We now expect more price upside to materialize…

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Crypto ownership in Canada slips in 2023, but average value of holdings rises

The number of crypto hodlers in Canada dropped slightly in 2023, but the average value of their holdings rose significantly. However, 77% of respondents regret investing in crypto assets, according to a survey published by the Ontario Securities Commission (OSC).

The OSC published a “Crypto Assets Survey 2023,” on Nov. 29, conducted in partnership with Ipsos at the end of May. The survey interviewed 2360 Canadians, selected to reflect the accurate proportion of the country’s population by gender, age and region.

Perhaps due to the period when the research was done, its results reflect a general pessimism toward crypto in the country’s population. While the number of Canadians able…

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Binance settlement ‘net positive’ for cryptocurrency industry — Mike Novogratz

Binance’s $4.3 billion settlement with the United States Department of Justice (DOJ) is being hailed as a positive move for the company and the wider cryptocurrency industry, according to Galaxy Digital’s Mike Novogratz.

In an interview with Bloomberg on Nov. 29, the CEO of the cryptocurrency investment firm expressed his belief that the high-profile settlement should assuage concerned investors and users of the global exchange:

“I think they’re de-risked in lots of ways. People were worried about dealing with Binance. There’s a lot less to worry about now.”

Novogratz also weighed in on the considerations for major investment firms dealing with exchanges, as well as…

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