Search results for SegWit
Crypto
Bhutan transfers another 90 bitcoin, raising questions over sovereign bitcoin unwinding
Bhutan transferred 90 bitcoin to a new SegWit address, taking the value of bitcoin moved externally this year to more than $237 million. On-chain data showed the transfer went to a different address than the main wallets used for sovereign holdings, prompting market speculation about a sale or third-party transfer. Arkham data showed holdings at Druk Holdings have declined by about 10,000 bitcoin from an October 2024 peak.
Crypto
Bitcoin post-quantum shift may already be too late; $3 trillion in digital assets exposed to risk
Digital assets worth more than $3 trillion, including bitcoin, could be exposed to theft risk within the next 4 to 7 years, a report warned. Project Eleven, which studies post-quantum security, said quantum computers capable of breaking widely used public-key cryptography could arrive as early as 2030 and no later than 2033. It said systems relying on elliptic-curve signatures could be vulnerable across crypto, finance and digital identity networks.
Crypto
Bitcoin developer embeds 66-kilobyte image directly into blockchain, rebutting BIP-110 proposal
Slovak Bitcoin developer Martin Habovstiak (마르틴 하보시타크), who maintains the Rust Bitcoin library, embedded a 66-kilobyte image file directly into the Bitcoin blockchain as a single continuous transaction. The Block reported the demonstration directly rebuts several key claims around the anti-spam BIP-110 proposal and the Bitcoin Knots node implementation. The transaction can be publicly verified and decoded into a TIFF image, and it used SegWit v0 without OP_RETURN, Taproot or OP_IF.