Blockchain Development
Blockchain Development

Blockchain Development

A blog that covers everything that's happening in crypto world.


KYC Does Not Prevent Crime, It Multiplies It

21 May 2025 5 minute read 1 comment Talha.Khalid

Know Your Customer (KYC) policies seek to mitigate crime, but they actually exacerbate it. They may have been useful in the days before the internet, hackers, artificial intelligence, and Bitcoin, but today they're an outdated and dangerous regulatio...

Privacy With Bitcoin Has a Home Again Where it Was Once Persecuted

19 May 2025 3 minute read 0 comments Talha.Khalid

On May 17, 2025, Wallet of Satoshi announced on its X account its return to the US market with what will be a "US-approved" self-custody wallet solution. This wallet is designed to operate on Bitcoin's Lightning Network. For now, not many technical d...

As China Dumps $765 Billion US Debt, Can Bitcoin Be the Big Winner?

19 May 2025 2 minute read 1 comment Talha.Khalid

Recent data released by the U.S. Treasury Department reveals that China reduced its Treasury bond holdings in March of this year, bringing their holdings to a total of $765.4 billion, the lowest level since 2009. This move comes amid the pause in the...

Bitcoin Core Is Being Challenged by Another Client, What's Going On?

16 May 2025 5 minute read 0 comments Talha.Khalid

In the Bitcoin (BTC) ecosystem, a recent debate has captured the attention of developers, node operators, and users: one is the proposed changes to Bitcoin Core, the most widely used software client for interacting with the network, and the removal o...

FTX Victims About to Get Paid: Will $5B Flood Into Bitcoin and Send It Soaring?

16 May 2025 3 minute read 0 comments Talha.Khalid

FTX Recovery Trust has confirmed that the second distribution of funds to qualifying creditors under its Chapter 11 reorganization plan will begin on May 30, 2025. In total, more than $5 billion will be released through distribution providers chosen...

Coinbase Breach: Hackers Bribe Overseas Staff, Demand $20M Ransom

15 May 2025 2 minute read 1 comment Talha.Khalid

Coinbase, one of the world's most recognized exchanges, revealed that a group of cybercriminals accessed its system after bribing technical support employees located abroad. These employees, who had access to customer service, used their permissions...

The “Ethereum MicroStrategy”? BTCS Replicates Michael Saylor's Strategy

15 May 2025 4 minute read 1 comment Talha.Khalid

BTCS Inc., a US company listed on the Nasdaq stock exchange, has decided to follow in the footsteps of entrepreneur Michael Saylor, but with a fundamental difference: its bet is not on bitcoin (BTC), but on ether (ETH), a cryptocurrency of the Ethere...

The Race for Solana: 6 Firms, One ETF, and a $100B Market on the Line

14 May 2025 2 minute read 0 comments Talha.Khalid

The cryptocurrency world is once again in turmoil, and this time it's Solana (SOL) taking center stage. The U.S. Securities and Exchange Commission (SEC) announced yesterday that it has postponed a decision on Grayscale's application to launch an exc...

Dell Ditches Bitcoin: SEC Backs Rejection of Bold Treasury Proposal

14 May 2025 2 minute read 0 comments Talha.Khalid

US technology giant Dell has rejected a shareholder proposal seeking to incorporate bitcoin (BTC) into its treasury strategy, in a decision backed by the US Securities and Exchange Commission (SEC). The proposal, submitted by the National Center for...

Who's Selling Bitcoin Now?

13 May 2025 1 minute read 2 comments Talha.Khalid

Bitcoin (BTC) is currently trading below $104,000, not too below its all-time high of around $110,000. The conditions are in place for a bullish breakout: a trade agreement between the United States and China, the expectation of interest rate cuts by...