Blockstream’s Samson Mow wants to move the conversation away from Bitcoin’s (BTC) performance in transactions per second and toward its role in ushering in “a new financial paradigm,” that is, serving as a permissionless medium for the store and transfer of value. #Bitcoin moves nearly half a million dollars in value around the globe permissionlessly every second. It was never about transactions per second and coffee. It's all about value transacted per second and a new financial paradigm. #VTPS not #TPS. Nothing comes close to @BTC. pic.twitter.com/aXfDauPx9b — Samson Mow (@Excellion) December 2, 2020 Mow’s argument is that “VPTS [value …

On Nov. 14, an unknown party exploited flash loans via the decentralized finance protocol Value DeFi to the tune of $5.4 million. A number of individuals have received a portion of their stolen funds back, however, after pleading with the hacker using input data on the Ethereum blockchain. According to data from Etherscan, the hacker sent $95,000 in Dai back to two of the victims who posted messages accessible in the Ethereum block explorer’s input data on Sunday. “I lost $100,000 in your attack,” said one victim who claimed to be a nurse. “These are all my savings. I hope …