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1Bitget Daily Digest (Nov 20) | US to Release Nonfarm Payrolls and Unemployment Rate; Ethereum Advances Post-Quantum Cryptography; LayerZero and KAITO Tokens Face Major Unlocks Today2Bitcoin charts flag $75K bottom, but analysts predict 40% rally before 2025 ends33 SOL data points suggest $130 was the bottom: Is it time for a return to range highs?
Flash
- 10:54Bitcoin Core passes first third-party security audit with no critical vulnerabilities foundChainCatcher news, according to Cointelegraph, Bitcoin Core has passed its first third-party security audit. The audit results confirm that this software, which safeguards the Bitcoin network, is highly mature and no critical vulnerabilities were found. This audit was conducted by the French security company Quarkslab, commissioned by the Open Source Technology Improvement Fund (OSTIF), and implemented on behalf of the Bitcoin Core development funding organization Brink. During the 104-day audit period from May to September, reviewers evaluated the most sensitive components of the project, with particular focus on the P2P layer and block validation logic. The report pointed out that although the Bitcoin Core codebase is large, containing over 200,000 lines of C++ code and more than 1,200 deployed test cases, auditors assessed it as "highly mature and thoroughly tested." The team did not find any high or medium severity vulnerabilities, only two low severity issues, as well as a series of improvement suggestions mainly related to fuzz testing tools and test coverage. None of these findings affected the consensus mechanism, denial-of-service resistance, or transaction validation.
- 10:46ByteDance valuation reportedly rises to $480 billionsJinse Finance reported, citing Bloomberg sources, that a Chinese venture capital firm has acquired a stake in ByteDance, valuing ByteDance at $480 billions. It is reported that Capital Today, led by China’s “venture capital queen” Xu Xin, outbid several interested companies to acquire shares from Bank of China Group, one of ByteDance’s early institutional investors. Initially, these shares were priced at about $200 millions, corresponding to a ByteDance valuation of approximately $360 billions. However, with as many as seven institutions bidding, the price quickly soared, and Capital Today ultimately acquired the shares for nearly $300 millions, valuing the company at close to $500 billions.
- 10:36Polymarket Accused of Manipulating Prediction Market Results, Vitalik Suggests Using Distributed OraclesChainCatcher reported that crypto community user Internet Child (@0xinternetchild) posted on social media, alleging that ISW, the data provider for the prediction market platform Polymarket, is suspected of deliberately manipulating market outcomes. Ethereum co-founder Vitalik Buterin responded, suggesting that a 2-of-3 majority decision mechanism among ISW, deepstatemap, and liveuamap should be adopted, and believes that distributed oracles and distributed decision-making are natural solutions to such issues.