Crypto Currency

The Cypherpunks Tapping Bitcoin via Ham Radio

satellite. He receives the transmission through a dish he installed this January; it arrives with messages, too—tweets, blogs, odes to Satoshi—sent by bitcoiners around the world. Goss rebroadcasts them from a radio device perched on his roof, in case the neighbors care to tune in. There’s nothing wrong with Goss’ terrestrial internet connection, he assures…

satellite. He receives the transmission through a dish he installed this January; it arrives with messages, too—tweets, blogs, odes to Satoshi—sent by bitcoiners around the world. Goss rebroadcasts them from a radio device perched on his roof, in case the neighbors care to tune in. There’s nothing wrong with Goss’ terrestrial internet connection, he assures me—Kingman is notthatremote. But if bitcoin is truly digital gold, as he believes, contingencies are important. If the internet goes down, how else will you access your cache?

Gregory Barber covers cryptocurrency, blockchain, and artificial intelligence for WIRED.

For some, the trouble with bitcoin, the internet’s native currency, is the internet. Sure, bitcoin may be “decentralized,” with copies of its ledger stored on computers all over the world. But is itreallydecentralized if it relies on the pipes of your local internet provider? For those wary of tracking and censorship, analog signals—through satellites and land-based radio devices—offer a welcome buffer from central control. Plus, if you believe that bitcoin, which is again worth more than $10,000, is the right place to store your wealth, satellites offer the comfort of redundancy.

The idea isn’t totally irrational. Consider India, where officials recently proposed jailing people for 10 years for using bitcoin. Or Egypt, where the government unplugged the internet in 2011. Perhaps you live on a remote island tethered to the internet by a single undersea cable, or a place without any internet access at all.

Bitcoin’s celestial coverage comes from Blockstream, a blockchain software company. To be clear, Blockstream isn’t launching satellites itself; it rents a small portion of the bandwidth on commercial satellites, which are mainly used for TV. The data is beamed up with enough bandwidth to ensure the blockchain stays up to date. Users can also send along messages, paid through the Lightning Network, a technology that allows small bitcoin payments. The satellites broadcast the signals back down to whoever might b

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Crypto Currency

Binance Marks Africa Month With Push for Digital Inclusion Across Continent

Binance, the world’s largest cryptocurrency exchange by trading volume, used Africa Month to deepen its engagement on the continent, positioning digital assets and blockchain technology as tools for economic inclusion and community development. The company said it ran a month-long campaign from April 25 to May 25 aimed at boosting participation in the digital economy…

Binance, the world’s largest cryptocurrency exchange by trading volume, used Africa Month to deepen its engagement on the continent, positioning digital assets and blockchain technology as tools for economic inclusion and community development. The company said it ran a month-long campaign from April 25 to May 25 aimed at boosting participation in the digital economy…
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Crypto Currency

France Dominates 70% Global Crypto Wrench Attacks Raising Investor Fears

Crypto Wrench Attacks, France crypto kidnappings, Bitcoin holder security risks, crypto KYC data leak, crypto crime news today, Ledger data breach impact, Bitcoin investor safety concerns, crypto surveillance and privacy risks, France cryptocurrency crime wave, crypto wallet security solutions…

Crypto Wrench Attacks, France crypto kidnappings, Bitcoin holder security risks, crypto KYC data leak, crypto crime news today, Ledger data breach impact, Bitcoin investor safety concerns, crypto surveillance and privacy risks, France cryptocurrency crime wave, crypto wallet security solutions…
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Bitdeer Sells 100% Of Weekly Bitcoin Output As ETF Outflows and Market Weakness Push BTC Below $75K

Bitdeer, a Nasdaq-listed Bitcoin mining company, sent shockwaves throughout the cryptocurrency market when it confirmed that all weekly Bitcoin production was sold and that its own holdings amounted to zero. This decision comes as Bitcoin prices come under renewed pressure turning one of the larger players she mines to a cautious stance…

Bitdeer, a Nasdaq-listed Bitcoin mining company, sent shockwaves throughout the cryptocurrency market when it confirmed that all weekly Bitcoin production was sold and that its own holdings amounted to zero. This decision comes as Bitcoin prices come under renewed pressure turning one of the larger players she mines to a cautious stance…
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Crypto Currency

Ethena price: ENA dips despite 5-week peak in whale activity

Ethena’s native token, ENA, saw its price decline as Bitcoin slid below $79,000 The slight dip happened despite ENA notching a 5-week high in whale activity. Prices could fall further, but a rebound for BTC could boost ENA. Ethena (ENA) price faced downward pressure today, dropping nearly 4% to intraday lows of $0.11 as Bitcoin


Ethena Price Down

  • Ethena’s native token, ENA, saw its price decline as Bitcoin slid below $79,000
  • The slight dip happened despite ENA notching a 5-week high in whale activity.
  • Prices could fall further, but a rebound for BTC could boost ENA.

Ethena (ENA) price faced downward pressure today, dropping nearly 4% to intraday lows of $0.11 as Bitcoin grappled with renewed selling amid macroeconomic headwinds.

This decline unfolded even as on-chain metrics signaled robust interest from large holders.

Analysts say the move highlights a disconnect between whale behavior and short-term price action.

Ethena hits 5-week high in whale activity

On-chain data shows Ethena’s ecosystem has managed notable momentum.

For one, the network just hit its largest daily network growth in over three months.

The platform did not just see a surge in new wallet creations, but had ENA whale activity surging to a five-week peak, with this aligning with heightened interest bolstered by several bullish catalysts.

According to Santiment, one of the key drivers was Grayscale’s decision on May 7 to incorporate ENA into its DeFi Fund.

Ethena also recently saw a massive $310 million USDC transfer, a transaction that injected fresh liquidity and drew widespread attention.

Santiment has also highlighted that the spotlight on ENA increased further when LayerZero announced a temporary bridge suspension on May 9, keeping Ethena at the forefront of DeFi discussions.

Adding to the optimism, the Ethena Foundation recently affirmed that all conditions outlined by its Risk Committee for activating the “fee switch” have been satisfied.

This mechanism, designed to distribute protocol fees to stakers, awaits a governance vote from ENA holders in the coming days.

The whale positioning ahead of the pivotal vote helped ENA price pump to highs of $0.14 on May 10.

Why’s ENA price down?

Despite the positive catalysts, ENA’s price succumbed to broader market dynamics.

Both RSI and MACD on the 4-hour chart suggest prices could fall further.

Ethena ENA Chart
Ethena price chart by TradingView

On May 13, crypto sentiment soured following the release of U.S. Producer Price Index (PPI) data.

This came in hotter-than-expected and exacerbated fears of persistent inflation and delayed rate cuts.

US stocks slid, and Bitcoin, the crypto sector’s bellwether, tumbled below $79,000 during intraday trading.

Declines

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