Daily Archives: 23/06/2022

CoinShares: Investors Buy Bitcoin Despite Bearish Moods

Analysts at CoinShares say that amid negative market sentiment, total assets under management are at their lowest level since February 2021. According to a new weekly report from CoinShares, capital outflows from crypto funds totaled $39 million. Total assets under management (AuM) is now at its lowest level since February 2021 at $36 billion, 59% below its November 2021 peak. However, despite the negative sentiment, investment flows in cryptocurrencies have remained positive since the beginning…

Trail of Bits: “Blockchain is not as decentralized as it seems”

Analysts at Trail of Bits, a blockchain security company, claim that 21% of the nodes on the Bitcoin network are running an outdated version of the Bitcoin Core client. Commissioned by the US Department of Defense Advanced Research Projects Agency (DARPA), Trail of Bits has prepared a report called “Are Blockchains Decentralized?”, which raises questions about the vulnerability and risks of this technology. In particular, the company has found that legacy Bitcoin nodes, unencrypted network…