BlockPress

BlockPress

New Bitcoin treasuries may crack under price pressure

The burgeoning trend of corporations accumulating Bitcoin reserves has spurred a wave of imitators, eager to capitalize on the perceived benefits. However, this rush to emulate successful strategies presents a critical distinction: timing and entry price. While the initial adoption…

What is a supply chain attack in crypto and how to prevent it?

Supply chain attacks represent a significant and growing threat to the cryptocurrency ecosystem. These attacks exploit the inherent trust placed in software dependencies and third-party components, undermining the security of projects built upon them. Unlike traditional cybersecurity breaches that target…

Connecticut lawmakers vote to prohibit crypto use in government

Connecticut’s recent legislative action underscores a broader trend among US states regarding cryptocurrency investments. The state has explicitly prohibited government entities from engaging in cryptocurrency transactions, including Bitcoin, effectively rejecting the concept of holding Bitcoin reserves. This decision aligns with…