The Bitcoin network experienced a rare two-block reorg on Mar. 23, at block height 941,880. Foundry mined six consecutive blocks, AntPool and ViaBTC briefly extended a competing branch.The chain resolved the fork as designed, following the path with the most hash rate. Bitcoin performed exactly as designed and validated its assumptions.Three conditions at onceThe context surrounding the reorg carries the weight.Bitcoin's network is currently running three conditions simultaneously that put the six-confirmation heuristic under pressure, which it has rarely faced in practice.In the past three days, Foundry has held roughly 31% of the global hashrate, while AntPool sits at about 18.4%, and ViaBTC at 10.5%, according...

For years, the shortest line of attack against Tether was the demand for a full independent audit.The audit never came, and the company absorbed the reputational cost without visible damage to its position. USDT crossed $184 billion in market capitalization, reached more than 550 million users, and became the dominant liquidity layer across global crypto markets.On Mar. 24, Tether announced it had formally engaged a Big Four firm for its first full independent financial statement audit.This came after Tether CEO Paolo Ardoino told CryptoSlate's Editor-in-Chief almost 2 years ago that he was actively trying to get a ‘Big Four' firm on board, but that he felt the...

The Bitcoin network experienced a rare two-block reorg on Mar. 23, at block height 941,880. Foundry mined six consecutive blocks, AntPool and ViaBTC briefly...

For years, the shortest line of attack against Tether was the demand for a full independent audit.The audit never came, and the company absorbed...